IDBI Bank Health Insurance

IDBI Bank Health Insurance: Key Highlights

Categories	Specifications
Pre-existing Diseases (PED)	Included from day 1
Validity of IDBI Bank Health Insurance Plans	1. Until the bank is associated with the insurer 2. Until the customer holds an active IDBI Bank account
Riders	Generally not available
Premium Payment	Automatically deducted from the linked bank account
Tax Benefits	Qualify for tax deductions u/s 80D of the Income Tax Act

Disclaimer: The PED waiting period may vary depending on the terms and conditions of the IDBI Bank health insurance policy.

Benefits of IDBI Bank Health Insurance

Check out the top benefits of investing in IDBI Bank health insurance for account holders:

Affordable Premiums

IDBI Bank health insurance plans are more pocket-friendly than many regular mediclaim policies. This is because the bank partners with insurers to offer special deals and lower prices to its customers.
Coverage for Pre-existing Diseases

Health insurance plans offered through IDBI Bank cover pre-existing health problems, like diabetes, asthma, or thyroid, from day 1 of the policy. This is not the case with regular medical plans that usually have a waiting period for pre-existing diseases.
Easy Premium Payments

IDBI Bank health insurance premiums are automatically debited from the linked bank account of the customer. This means IDBI Bank account holders do not have to remember the policy due date, helping them keep the policy active without any hassle.
No Agent Involvement

An IDBI Bank health insurance policy can be purchased directly from the bank, preventing customers from the hassle of finding an insurance agent. This makes the policy-buying process simple and free from any external pressure.
Enhanced Convenience

Purchasing IDBI Bank health insurance is highly convenient for bank account holders as the bank handles both finance and insurance services for its customers. Moreover, the paperwork to buy a mediclaim policy is minimal since the bank already has customer details.
Mediclaim Coverage for All

IDBI Bank offers health plans suitable for all age groups, including senior citizens. Be it a family health insurance plan or an individual policy, the bank allows customers to select a plan that best meets their specific medical requirements.

List of IDBI Bank Health Insurance

IDBI Bank account holders can buy medical insurance plans from the following insurers:

Niva Bupa Health Insurance Company
TATA AIG General Insurance Company
The New India Assurance Company

Note: For details about the specific health insurance plans offered by the above-listed insurers, please contact the IDBI Bank customer support team.

What is Covered by IDBI Bank Health Insurance?

The IDBI Bank health insurance scheme provides coverage for the following:

In-patient hospitalisation
Pre-hospitalisation costs
Domiciliary treatments
Post-hospitalisation costs
Day care treatments
Ambulance charges
Accidental death
Modern treatments
Organ donor expenses
Restoration of the sum insured
Second e-opinion
AYUSH treatment
Preventive health check-ups

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

What is Not Covered by IDBI Bank Health Insurance?

The IDBI Bank health insurance scheme does not provide coverage for the following:

Suicide or self-inflicted injuries
Dietary supplements
Treatment for alcoholism or drug addiction
Treatment for injuries due to involvement in dangerous or adventure sports
Plastic or cosmetic surgery
Unproven treatments
Injuries sustained while violating the law
Change of gender treatments

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

Here are a few things that customers should keep in mind while investing in IDBI Bank health insurance:

Validity – The mediclaim policy offered through IDBI Bank remains valid as long as the partnership between the bank and the insurer is active and the customer maintains an active IDBI Bank account.
Scope of Coverage – The coverage available under the IDBI Bank health plan may be limited compared to standard retail mediclaim policies. This may be due to discounted premiums charged by the bank.
Riders – IDBI Bank may not provide customers the option to add health insurance riders to their opted medical insurance plan.
Insurance Providers – IDBI Bank account holders may have access to only a few insurers, as the bank partners with only a limited number of health insurance companies in India.

IDBI Bank Health Insurance: FAQs

Q1. Can I buy health insurance from IDBI Bank?

Ans: Yes, you can buy health insurance from IDBI Bank. However, the policy remains valid only as long as your IDBI Bank account is active and the bank’s partnership with the insurance provider is in effect.
Q2. Who is the insurer partner for IDBI Bank health insurance?

Ans: Niva Bupa Health Insurance Company, TATA AIG General Insurance Company, and the New India Assurance Company are the insurer partners for IDBI Bank health insurance.
Q3. How to check IDBI insurance policy status?

Ans: To check the IDBI Bank health insurance policy status, you can either visit the official website of the insurer or speak to their customer support team.
Q4. Is the IDBI Bank health insurance claim process cashless?

Ans: Yes, the IDBI Bank health insurance claim process is cashless. This allows customers to receive medical treatment at any hospital without making upfront payments, as the insurer settles the bills directly with the hospital.
Q5. Are there any IDBI Bank health insurance for family plans?

Ans: Yes, IDBI Bank offers family health insurance plans through Niva Bupa Health Insurance Company, TATA AIG General Insurance Company, and the New India Assurance Company.
Q6. What is the IDBI Bank health insurance customer care number?

Ans: The IDBI Bank health insurance customer care number is 1800-209-4324 or 1800-22-1070.

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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