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| TATA AIG's Health First is a comprehensive hospital allowance policy covering prolonged hospitalization, major surgery, critical illness, post hospitalization fees and even the unfortunate event of your death. |
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- This policy can be claimed simultaneously with an existing medical insurance policy.
- While other medical policies only reimburse you for actual medical expenses, Health first provides a lump sum irrespective of what bills are footed.
- The other innovative feature of this policy is that it is renewable till age 65 without any further medical examination with premiums increasing only once every five years.
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| MAIN PLAN PARAMETERS |
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| 1. |
A Comprehensive 5 - in - 1 Health Plan, which provides |
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(i) |
Critical Illness Benefit |
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(ii) |
Daily Hospital Benefit |
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(iii) |
Post Hospitalization Benefit |
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(iv) |
Surgical Benefit |
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(v) |
Term Life Cover |
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| 2. |
Total Benefit of Rs 2.5 lacs available per unit. One can pick up to 10 units. |
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| 3. |
Cash paid upfront on Diagnosis irrespective of the actual expense involved |
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| 4. |
Policy Term of 5 yrs, with Guaranteed Renewal allowed up to theage of 65. |
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| 5. |
Multiple claims allowed, subject to the "Life time Maximum" limit on the policy, which depends upon the cover/ number of units opted for by the Insured. |
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| 6. |
Premium Paid eligible for Income Tax Rebate under Section 80 D of Income Tax Act |
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| ILLUSTRATION |
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| Mr. Client has purchased 4 units of Health First from Tata AIG Life Insurance Co Ltd. Let us see the benefits that he will get. |
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| Benefit/Cover |
Coverage (Rs.) |
| Lifetime Maximum Cover |
10,00,000 |
| Critical Illness Cover |
10,00,000 (5,00,000 for each CI) |
| Surgical Benefit |
50,000 |
| Daily Hospital Benefit |
1,000 per day |
| Post-Hospitalization |
500 per day |
| Death Cover |
4,000 |
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Hospitalization Allowance (HA)
During hospitalization, an allowance of up to Rs 2,500 per day depending on the number of units opted. The allowance is available only after the first three days of hospitalization for a maximum of 90 days of confinement for the same or similar cause. There is a waiting period of 90 days before this cover begins. |
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Critical Illness
The policy gives a benefit up to Rs 12.50 lakh for just such an impact. There is a waiting period of 180 days before this cover begins and claims can be made only once for the same critical illness. |
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| The critical Illnesses covered are as below |
- Cancer
- Stroke
- Heart Attack
- Coronary Bypass Surgery
- Chronic Renal Failure
- Recipient of Major Organ Transplant
- Aorta Surgery
- Benign Brain Tumor
- Heart Valve Surgery
- Paralysis
- Parkinson Disease
- Total Blindness
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