STAR HEALTH INSURANCE
Apart from health insurance options for individuals, families and senior citizens,
Star Health Insurance also has a policy for accident cases.
It is called the STAR ACCIDENT CARE POLICY.
The SALIENT FEATURES of this plan are:
- It takes care of accidental death
- It also takes care of Permanent disability – total or partial – following an accident
- The insured is eligible for a weekly benefit at 1% of Capital Sum insured subject to a maximum of Rs.5000 per week for 100 weeks if there is temporary total disablement due to an accident
- There is also an Education Grant to children for Rs.5000 for one child and Rs.10000 for two children
- Transportation expenses to carry mortal remains are reimbursed subject to a maximum of Rs.3000
- Travel expenses of one relative are given up to Rs.1000
- A Service Tax of 10.3% needs to be added to the premiums
- Premiums paid by cheque or credit card are eligible for relief under section 80D of the Income Tax Act
RISK FEATURES:
- For purpose of rating, persons proposed for this insurance are classified under 3 risk groups:
- Risk Group I – persons engaged primarily in administrative functions
- Risk Group II – persons engaged in manual work other than what is specifically provided for under Group III
- Risk Group III – persons working in explosives industry, mine workers, high tension electric supply, horse racing including jockeys, athletes and occupations of similar hazards
EXCLUSIONS:
- All expenses incurred in connection with treatment of any illness/disease/condition that is pre-existing at the time of commencement of the policy
- Any claim in respect of pre-existing condition
- Any claim if the insured acts against the advice of a physician
- Any claim arising out of accidents that the insured has caused intentionally or by committing a crime or as a result of drunkenness or addiction
- Any claim arising out of mental disorder, suicide or attempted suicide self inflicted injuries or sexually transmitted disease, anxiety, etc
- Participation in hazardous sports/activities
- Persons who are physically and mentally challenged unless specifically agreed and endorsed in the policy
An insurance product from Star Health Insurance can be bought by calling their toll free number 1800-425-2255 or one can also visit their website www.starhealth.in
ADDITIONAL BENEFITS of taking a health insurance plan from Star Health are:
- Cashless service without TPA intervention
- Direct tie up with all major hospitals in India
- 24 hours general practitioner’s advice and medical counseling
- 24×7 in-house call center
- Toll free telephone assistance
- First stand alone health insurance company
- Cumulative bonus ranging from 5% for every claim free year of insurance subject to a maximum of 50%
- There is also an optional benefit with this plan that the policy can be extended to cover medical expenses also on payment of additional premium