| Insurance Company |
Birla Sun Life Insurance |
ICICI Prudential Life Insurance |
Life Insurance Corporation |
| Plan Name |
BSLI Saral Health Plan |
Health Saver |
Health Protection Plus |
| Entry Age |
Up to 65 years |
Up to 55 years |
Up to 55 years |
| Up to Age |
80 Years |
75 Years |
|
| Amount permitted for OPD |
Yes, depends on contribution |
Yes, depends on contribution |
OPD Coverage amount not mentioned separately |
| Concept |
Health Saving Fund |
Health Saving Fund |
Health Saving Fund |
| Remarks |
Cover for regular medical expenses of insured -The premium that is paid is used to create a fund which insured can start using from the sixth year onwards to cover routine health and medical related expenses over his/her entire life. These would include dental care, general practitioner fees and similar expenses. All insured has to do is to provide the company with a copy of the bills to get the amount reimbursed. Policy premium given by the insured is used to create a unit-linked fund which will take care of his/her future Health & Medical related expenses) |
Health Savings Benefit
This benefit entitles insured to claim reimbursement for health care expenses incurred by him/her from health fund. Some of the benefits covered under the health savings benefit are
• Medicines and drugs
• Diagnostic expenses
• Dental expenses
• Co-pays or deductibles as part of the medical insurance cover
• Other miscellaneous medical expenses not covered under normal medical or health insurance
The benefit can be claimed after 3 completed years of the policy and is subject to the existing fund value as given below:
4th year & 5 year : 20% of Health fund
6th to 10th year : 50% of Health fund
11th year onwards : 100% of Health fund
|
LIC’s Health Protection Plus plan is a unique long term health insurance plan that can combine health insurance covers for the entire family (husband, wife and the children) Hospital Cash Benefit (HCB) and Major Surgical Benefit (MSB) along with a ULIP component (investment in the form of Units) that is specifically designed to meet Domiciliary Treatment Benefit (DTB) / Out Patient Department (OPD) expenses for the insured members. |
| Dental/OPD |
Dental is covered under OPD section |
Dental is covered under OPD section |
Clearly that dental expenses can be paid |
| Compiled by: www.healthinsuranceindia.org |
