Tata AIG Individual Accident and Sickness Hospital Cash is a perfect supplement to the health policy and can be taken along with any other health insurance schemes.
Key Features
- A Daily Cash benefit which takes care of any unexpected financial burden in case of hospitalization.
- No Medical Examination required
- Hospitalisation Cash upto 180 days in case of Accidents or Sickness
- Premium paid is eligible for tax exemption under Sec 80D of IT Act.
- Guaranteed issuance.
- No Limitation on Hospitals
- Flexibility in choosing options; 5 convenient offer different levels of protection against hospitalization expenses.
- Renewal benefit: On renewal of policy, additional 5% on the original benefit amount upto max 5 yrs.
What are the benefits of Individual Accident and Sickness Hospital Cash?
- Sickness Hospital Cash: It takes care of hospitalization expenses due to sickness; upto Rs. 5000/day
- Accidental Hospital Cash: You can also opt for accident hospital cash benefit which takes care of incidental expenses while in hospital due to accidents; available upto Rs.10000/day
- Accident Medical Expense Reimbursement: This benefit takes care of reimbursement of day to day medical bills due to accidental injuries with or without hospitalization.
- 1 day deductible and 90 days waiting period for Sickness Hospital Cash
- Deductible of 5% of benefit amount for Accident Medical expense reimbursement
- Coverage will be 100% of the Coverage amount in case of Insured and Spouse, 50% in case of each child
What are the benefits of Individual Accident and Sickness Hospital Cash?
- Sickness Hospital Cash: It takes care of hospitalization expenses due to sickness; upto Rs. 5000/day
- Accidental Hospital Cash: You can also opt for accident hospital cash benefit which takes care of incidental expenses while in hospital due to accidents; available upto Rs.10000/day
- Accident Medical Expense Reimbursement: This benefit takes care of reimbursement of day to day medical bills due to accidental injuries with or without hospitalization.
- 1 day deductible and 90 days waiting period for Sickness Hospital Cash
- Deductible of 5% of benefit amount for Accident Medical expense reimbursement
- Coverage will be 100% of the Coverage amount in case of Insured and Spouse, 50% in case of each child
Who should buy this insurance?
- Any individual between the age of 18 to 50 years and
- Includes self, spouse and two dependent children between the age of 6 months and 18 yrs or upto 23 yrs if studying in an accredited institution of higher learning and is unmarried)
- The Coverage can be renewed till age of 50 Years
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1 comment:
I have found that buying insurance policy is the best way to get double benefits i.e one is having protection and other one is saving tax. The features of this plan is quite impressive, I am having few more option and have added this one also will consider it when selecting one. Thanks for the details.
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