Equitas Bank Health Insurance

Equitas Bank Health Insurance: Key Highlights

Categories	Specifications
Pre-existing Diseases (PED)	Coverage offered from day 1
Validity of Equitas Bank Health Insurance Plans	1. As long as the bank is collaborated with the insurance provider 2. As long as the customer maintains an active Equitas Bank account
Riders	Usually not available
Premium Payment	Auto-debited from the linked Equitas Bank account
Tax Benefits	Eligible for tax deductions under Section 80D of the Income Tax Act, 1961.

Disclaimer: The PED waiting period may differ as per the terms and conditions of the Equitas Bank health insurance policy.

Benefits of Equitas Bank Health Insurance

Listed below are some of the top benefits of buying Equitas Bank health insurance for account holders:

Lower Premium Costs

Health insurance plans offered through Equitas Bank are generally more affordable than standard medical policies. This is because the bank partners with insurance companies to offer plans at reduced premiums to its customers. In fact, the bank may provide special discounts and promotional offers, making these plans even more cost-effective.
Coverage for Existing Health Conditions

Equitas Bank health plans may provide coverage for pre-existing medical conditions, such as asthma, thyroid issues, and hypertension, from the first day of the policy. This is generally not the case with most standard mediclaim policies.
No Agent Involvement

Purchasing a health plan through Equitas Bank eliminates the need for an insurance agent. Instead, customers can purchase a policy that matches their health needs and budget directly from the bank without any external pressure.
Automatic Premium Payment

Equitas Bank makes it easy for customers to keep their mediclaim insurance active by automatically deducting renewal premiums from the linked bank account. This ensures timely premium payments and reduces the risk of policy lapses.
Increased Convenience

With both banking and insurance services offered together, Equitas Bank allows customers to manage their finances and health coverage in one place. This saves time and effort, making the overall experience more convenient and hassle-free.
Diverse Range of Plans

A wide variety of medical insurance plans are available through Equitas Bank, including policies for women, young adults, and senior citizens. This allows customers to choose a plan that best fits their medical needs and budget.

List of Equitas Bank Health Insurance

Equitas Bank is associated with the following insurers to offer medical insurance plans to its customers:

Cholamandalam MS General Insurance Company
HDFC ERGO General Insurance Company
Reliance General Insurance Company

Note: Customers should contact the customer support team of the bank to enquire about the specific medical plans offered by Equitas Bank.

What is Covered by Equitas Bank Health Insurance?

Take a look at the coverage offered by the Equitas Bank health insurance scheme:

In-patient hospitalisation
Modern treatments
Pre-hospitalisation expenses
Day care treatments
Post-hospitalisation expenses
Personal accident cover
Ambulance cover
Domiciliary hospitalisation
OPD cover
Maternity cover
Organ donor expenses
AYUSH treatments
Second medical opinion
Preventive health check-ups

Note: The exact coverage may differ from one Equitas Bank insurance plan to another.

What is Not Covered by Equitas Bank Health Insurance?

Equitas Bank health insurance plans do not provide coverage for the following:

Dietary supplements or substances
Treatment for alcoholism or drug abuse
Obesity or weight control procedures
Self-inflicted injuries or intentional self-harm
Plastic or cosmetic surgery
Treatment for injuries due to participation in adventure sports
Treatment for injuries due to involvement in illegal activities
Unproven treatments
Treatment for injuries due to war
Change of gender treatments

Things to Keep in Mind While Buying an Equitas Bank Health Insurance Plan

Check out a few things that customers should keep in mind while purchasing an Equitas Bank health policy:

Policy Validity - The Equitas Bank health insurance plan stays valid as long as the bank continues its tie-up with the insurance company and the bank account linked to the policy remains active.
Limited Coverage - In comparison to retail health plans, coverage offered under the Equitas Bank mediclaim policy may be limited. This is mainly because these plans are priced at lower premiums.
Riders - Unlike retail medical plans, Equitas Bank medical insurance may not provide customers with the facility to add health insurance riders to the plan of their choice.
Insurer Options - Equitas Bank health insurance is offered only through its partnered insurance companies. This means there are fewer insurer options to choose from.

Equitas Bank Health Insurance: FAQs

Q1. Does Equitas Bank offer health insurance?

Ans: Yes, Equitas Bank offers health insurance to its account holders in association with different health insurance companies in India, including Reliance General Insurance Company and HDFC ERGO General Insurance Company.
Q2. Which insurance company has a tie-up with Equitas Bank?

Ans: The Cholamandalam MS General Insurance Company, HDFC ERGO General Insurance Company, and Reliance General Insurance Company have a tie-up with Equitas Bank to offer health insurance to its account holders.
Q3. Where can I find the Equitas Bank health insurance claim form?

Ans: You can find the Equitas Bank health insurance claim form on the official website of the insurer associated with the bank. You may also contact their customer support team to get the claim form.
Q4. What is the cost of Equitas Bank health insurance?

Ans: You can determine the cost of the Equitas Bank mediclaim policy by going through the Equitas Bank health insurance premium chart. In fact, you can use the health insurance premium calculator tool available on the Policybazaar Insurance Brokers Private Limited website to get an estimated cost.
Q5. What is the Equitas Bank health insurance contact number?

Ans: The contact number of Equitas Bank health insurance is 1800-103-1222.

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Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in