Apollo Munich Easy Health Floater Exclusive Plan

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Apollo Munich is one of the renowned names in the Indian insurance sector, especially for health insurance. The insurer provides a range of insurance solutions to cater to the needs of different individuals. Among various health insurance policies offered by Apollo Munich, the Easy Health Floater Exclusive plan is quite popular due to its unique features.

Why do you need the Apollo Munich Easy Health Floater Exclusive Plan?

Below are the reasons for you to consider this plan from Apollo Munich while planning your finances:

  • This policy offers comprehensive coverage to a family under a single policy
  • Children from 91 days can be covered as well
  • Family discount to be availed up to 7.5%
  • A maximum of 6 members can be added to a single policy
  • The plan comes with maternity benefit, recovery benefit
  • Additional coverage to critical illnesses as well
  • Free health check-up in every fourth continuous renewal
  • Sum insured can be availed as floater basis for an extensive amount
  • Online health assessment is available with ‘Stay Health Package’ for sum insured Rs. 5 lakh or above

Benefits of Apollo Munich Easy Health Floater Exclusive

The benefits offered under Apollo Munich Health Floater Exclusive plan include:

Coverage Sum Insured Options (in lakh)
3/4/5 7.5/10 15/20/25/50
In-patient Treatment Expense  Covered Covered Covered
Day Care Facility  Covered Covered Covered
Pre-hospitalisation expense  Covered Covered Covered
Post-hospitalisation expense  Covered Covered Covered
Domiciliary Treatment  Covered Covered Covered
Ambulance Fee                    Up to a limit of Rs. 2000 (per hospitalisation)
Ayush Benefit  Rs.25,000 Rs. 25,000 Rs. 50,000
Daily cash for opting a shared accommodation  Maximum Rs. 3000 Rs. 4800 Rs. 6000 (maximum), Rs. 1000 per day
Daily Cash for accompanying a child that is insured Maximum Rs. 9000 Maximum Rs. 15,000 Maximum Rs. 24,000
Newborn Baby Additional cover on payment of extra premium
Recovery Benefit Not covered Rs. 10,000 (>10 days ofhospitalisation)
EmergencyAir Ambulance NA Up to Rs. 2,50,000
Critical Illness Rider Optional benefit, where 50% or 100% of in-patient sum insured for covering critical illness is offered
Health Check-up 1% of sum insured payable every contentious three claim-free year
Critical Advantage Rider Available only with a sum insured (SI) Rs. 10 lakhs or above


Key Features of Apollo Munich Easy Health Exclusive Plan

The below features make the policy unique from the others. These include:

  • Under Restoration Benefit in case the basic sum insured is exhausted, the policy will be renewed automatically to the defined SI.
  • Newborn baby cover from day 1 to 91 days
  • Maternity benefit covering before and after childbirth
  • Aysh Treatment cover for expenses incurred due to in-patient treatment in Ayurveda, Unani, Sidha, homeopathy etc.
  • Stay Active package to motive fitness and healthy lifestyle
  • Pre hospitalisation expense cover for 60 days
  • Post-hospitalisation expense cover for 90 days
  • Day-care procedure cover
  • Emergency Air Ambulance cover

Apollo Munich Easy Health Floater Exclusive Plan Inclusions

The benefits or coverage of Apollo Munich Easy Health Floater Exclusive Plan include:

Category Plan Benefits
Sum Insured Options Rs. 2 lakh-50 lakh
In-patient hospitalisation Hospitalisation expenses cover for room rent, nursing expenses, ICU charge, doctor’s consultation fee, OT charges, medicine costs, laboratory fee and so on
Pre-hospitalisation Cover 60 days
Post-hospitalisation 90 days
Day-care Procedure Available for treating certain illnesses that don’t require 24 hours hospitalisation such as dialysis, cataract, chemotherapy, tonsillectomy etc.
Domiciliary Hospitalisation Cover the expenses incurred due to availing treatment at home after discharge, which would have otherwise required hospitalisation
Ambulance fee Maximum Rs. 2000
Organ donor cover Available
Restoration of Sum Insured Available
NCB Benefit 10% for each claim-free year
Health Check-up Benefit Once in every three claim-free year
Recovery Benefit Rs. 10,000 in case of hospitalisation more than 10 days


Value Added Benefits

Apart from the aforementioned benefits, this policy comes with additional benefits as well:

No Claim Bonus

No Claim Bonus of 10% is offered for every claim-free year accumulating up to a maximum of 100%. However, if the policy is claimed, NCB will be reduced by 10%.

Cashless Service at Network Hospitals

By approaching any of the network hospitals off Apollo Munch across India, you can avail cashless services in the hour of need. For availing cashless hospitalization facility you’ll require a pre-authorisation letter from the insurer. Moreover, the insurer needs to be informed 48 hours prior in case of planned hospitalisation, and within  24-hours post the admission in case of emergency hospitalisation,

Enhancement of Basic Sum Insured

 At any point in time, if you feel your policy sum insured insufficient to meet your requirements, you can enhance it. However, sum insured enhancement can be possible only at the time of policy renewal, subject to no claim history during the period. If the increase is more than one grid up, a medical test is required. A fresh waiting period will also be applied.


 Apollo Munich offers easy and hassle-free portability where you can switch your existing policy to Apollo Munich. This is possible at the time of renewal, which ensure the accrued benefits with the existing insurer will remain unaffected.

Tax Benefits

With the Easy Health Floater Exclusive Plan, you can earn tax benefits under Section 80D of the Income Tax Act. The premiums paid towards this health insurance are exempted from a tax deduction.

Exclusions of Apollo Munich Easy Health Floater Exclusive Plan

The policy remains inactive in case of the following situations:

  • No claim is entertained by the insurance provider which is raised within the initial 30 days of the policy. However, accidental claim is always a exception .
  • Pre-existing illnesses are only can be covered after serving a waiting period of 3 years.
  • Expenses of treating AIDS.HIV or other sexually transmitted diseases (STD)
  • Mental disorder, congenital disease, expenses of cosmetic surgery, weight loss programme etc. are excluded
  • Injury leading to hospitalization owing to war or war-like situation, use of a nuclear weapon, civil commotion, riot etc.
  • Injury or accident due to the consumption of intoxicating substances, alcohol or drugs
  • Specific illnesses like Cataract, joint replacement, Hernia, will be covered after serving 2 years of the waiting period
  • Expenses of the items used for personal comfort and convenience

Eligibility Criteria

Minimum Entry Age
  • 5 years        
  • Dependent Child- 91stday (if any of the parents is covered)
Maximum Entry Age 65 years
Policy Tenure ½ year
Members to be Covered 2 adults and a maximum of 5 children can be added to a single policy
Premium Based as per the age of the eldest member (floater cover)


Apollo Munich Easy Health Floater Exclusive Claim Process

Like any other health insurance of Apollo Munich, the family floater exclusive plan can be claimed in two ways-cashless and reimbursement claim. In a cashless claim, free health services can be availed where the hospital bills are directly settled by the insurer. On the other hand, in case of a reimbursement claim, the medical bills are to be paid by the insurer initially and later a claim needs to be registered under the reimbursement category. To claim your insurance

  • Immediately inform the insurer. If it is a planned hospitalisation then notify them at least 48 hours prior to the hospitalisation. You should inform the insurer within 24 hours, in case of emergency hospitalisation.
  • A pre-authorisation is required in case of a cashless claim, seeking permission from the insurer.
  • If the insurer approves your request, you can avail treatment free of cost. If not pay the bills initially and register a claim thereafter.
  • To claim under the reimbursement category, you will need to submit the original bills along with other relevant documents
  • The insurer will verify the case and settle the claim by paying up to an admissible amount.

What’re the Documents Required for Claim Settlement?

To claim Apollo Munich Easy Health Floater Exclusive plan, you’ll require to submit:

  • Duly filled and signed claim form
  • Discharge certificate
  • Police FIR if it is an accidental claim
  • A filled Pre-authorisation signed by the treating doctor
  • Medical report on the nature of the illness duly signed by the doctor
  • Original bills of medicines
  • Original hospital bill and receipts

Apollo Munich Easy Health Floater Exclusive Plan Renewal Process

Renewing health insurance with Apollo Munich is convenient and hassle-free. To renew your existing plan visit the official website of Apollo Munich

  • Go to the ‘policy renewal’ option
  • Login with the registered ID and Password or with the policy number
  • Provide necessary information
  • Calculate the premium and pay it online through credit/debit card or net banking

The renewal terms of this plan include:

  • Easy Health Floater Exclusive Policy comes with lifelong renewability. So, there is no policy ceasing age
  • 30 days grace period is offered in case the actual renewal date is missed
  • On every renewal, the applicable waiting periods get reduced by 1 year
  • Premiums at the time of renewal are subject to change as per the prior approval of IRDA. However, the insured has to be informed in advance (usually 3 months at least) in case of any change in this regard.

How to Buy Apollo Munich Easy Health Floater Exclusive Plan Online

Buying Apollo Munich health floater exclusive plan is easy. You can choose to buy online as well which not only saves your time but also money. Online insurance offers a policy comparison facility where you can compare different policies and can pick the best one that suits your budget and requirement. You can compare the plans with Apollo Munich Floater Exclusive plan as well and buy after being fully satisfied with the research. In order to buy online

  • Visit the official website of the insurer
  • Brose over the different types of health insurance policies available
  • Select the one you prefer and compare with the others
  • Go to the ‘Buy now’ option
  • Pay the premiums online through credit/debit card or using net banking

Documents Required for Buying Apollo Munich Easy Health Floater Exclusive Plan

To buy Apollo Munich Easy Health Floater Exclusive plan, the following documents need to be furnished:

  • Age proof: Adhaar Card, PAN Card, Passport, birth certificate etc.
  • Identity proof: Passport, Voter’s ID, Adhaar Card, PAN Card etc.
  • Income Proof: Employment certificate, Salary slip, Form 16
  • Address Proof: Bank account statement, utility bill, Driving License, Passport, Voter’s ID
  • Medical Test report if requires
  • Passport size photographs
Written By: PolicyBazaar - Updated: 22 July 2019