Apollo Munich Individual Easy Health Premium Insurance Policy

*Please note that the quotes shown will be from our partners

Apollo Munich Individual Easy Health Premium Insurance Policy Overview:

In today’s hectic life schedule we hardly care about our health, which leads to bad health condition and at times the damage done could be severe. So, to continuously monitor your health, Apollo Munich’s Easy Health Plans have Easy Health Insurance Policy to take care of your daily medical needs, medical emergencies and critical illnesses as well.

Key Features of Apollo Munich Individual Easy Health Premium Insurance Policy:

  • There is no maximum cover ceasing age on renewals of the subject policy.
  • The policy will be issued for a period for 1 or 2 years period, the sum insured & benefits will applicable on policy year basis.
  • This policy can be issued to an individual and/or family.
  • The policy offers option of covering on individual sum insured basis – Easy Health Individual Health Insurance Plan and on family floater basis – Easy Health Family Floater Insurance Plan.
  • The family includes spouse, dependent children, dependent parents, parent-in-law, grandparents and grandchildren.
  • A maximum of 6 members can be added in a single policy, whether on an Individual or Family floater basis.
  • The Premium Plan protects you against maternity expenses, out-patient dental cover, recovery benefit and even the cost of spectacles & hearing aids.
  • In an individual policy, a maximum of 4 adults and a maximum of 5 children can be included in a single policy. The 4 adults can be a combination of Self, Spouse,

Father, Father-in-law, Mother or Mother- In-law, Grand Father, Grand Mother.

Benefits of Apollo Munich Individual Easy Health Premium Insurance Plan:

Sum insured per insured person per policy year (Rs In Lakh)

4 lac, 5 lac

7.5 lacs, 10 lacs

15lacs, 20lacs, 25lacs, 50 lacs

In patient treatment

Covered

 

Pre- hospitalization

Covered

Post- hospitalization

Covered

Day care procedures

Covered

Domiciliary treatment

Covered

Organ Donor

Covered

Emergency Ambulance

Up to Rs.2000 per hospitalization

Ayush Benefit

Up to Rs. 25,000

Up to Rs. 50,000

Daily Cash for choosing shared accommodation

Rs. 500 per day

Maximum Rs.3000

Rs. 800 per day

Maximum Rs.4800

Rs. 1000 per day

Maximum Rs.6000

Daily Cash for accompanying an insured child

Rs. 300 per day

Maximum Rs.9000

Rs. 500 per day

Maximum Rs.15,000

Rs.8 per day

Maximum Rs.24,000

New born baby

Additional Benefit on payment of additional premium

Recovery benefit

Not Covered

Rs. 10,000 (>10 days of hospitalization)

Maternity expenses

Normal Delivery: Rs.15,000

Caesarean Delivery: Rs.25,000

Normal Delivery: Rs.25,000

Caesarean Delivery: Rs.40,000

Normal Delivery: Rs.30,000

Caesarean Delivery: Rs.50,000

Outpatient dental treatment

Waiting period 3 years

Up to 1% of Sum insured subject to a maximum of Rs.5000

Up to 1% of Sum insured subject to a maximum of Rs.7500

Spectacles, contact lenses, hearing Aid

Every third year

Up to Rs.5000

Up to Rs.7500

E-opinion in respect of critical illness

Covered

Critical illness rider

Optional, if opted then critical illness sum insured 50% or 100% of in- patient sum insured

Sum insured up to a maximum of Rs.10 lacs

Health Check up

Up to 1% of sum insured subject to a Maximum of Rs. 5,000 per insured person, only once at the end of a block of every continuous three policy years.

 

Apollo Munich Individual Easy Health Premium Insurance Premium Details:

Annual premium in Rupees

Individual Sum Insured

Age Band

4 lakhs

5 lakhs

7.5 lakhs

10 lakhs

15 lakhs

20 lakhs

25 lakhs

50 lakhs

0-17

5,627

6,789

7,189

8,496

9,597

10,446

11,202

13,970

18-35

6,723

8,111

9,923

11,727

13,247

14,420

15,462

19,285

36-45

7,608

9,179

11,453

13,535

15,290

16,643

17,846

22,258

46-50

11,129

13,427

17,040

20,138

22,749

24,762

26,552

33,116

51-55

14,071

16,976

21,829

25,798

29,142

31,722

34,015

42,423

56-60

18,166

21,916

28,626

33,831

38,217

41,600

44,607

55,634

61-65

25,226

30,435

40,379

47,721

53,907

58,679

62,921

78,474

66-70

34,808

41,994

56,117

66,321

74,918

81,550

87,445

109,061

71-75

42,052

50,734

68,471

80,920

91,409

99,501

106,694

133,068

76-80

50,463

60,881

83,073

98,177

110,903

120,721

129,448

161,446

>80

58,032

70,013

97,491

115,217

130,152

141,674

151,916

189,468

 

The premium is also given on the floater basis consisting of following categories:

  • Floater (1 adult-1 children)
  • Floater (1 adult-2 children)
  • Floater (1 adult-3 children)
  • Floater (2 adult-0 children)
  • Floater (2 adult-1 children)
  • Floater (2 adult-2 children)
  • Floater (2 adult-3 children)

 *The above rates may change. Please check the policy wordings for more information.

 

Apollo Munich Individual Easy Health Premium Insurance Policy Details:

Sum Insured: 4 Lacs to 50 Lacs

Coverage type: Individual/ family

Portability: Easy Health policy offers you transfer the accrued benefits and make due allowances for waiting periods as per guidelines on portability if you are insured continuously and without interruption under an indemnity based health insurance policy of any Indian non-life insurer and you want to shift to us on renewal.

If the Insured person transfers from any other insurer and enhances the sum insured, then the portability benefits will be offered only in respect to the previous sum insured.

 

1 Year Policy

2 Year Policy

Length of Time Policy in force

Refund of premium

Length of Time Policy in force

Refund of premium

Up to 1 month

75%

Up to 1 month

87.5%

Up to 3 months

50%

Up to 3 months

75%

Up to 6 months

25%

Up to 6 months

62.5%

Exceeding 6 months

Nil

Up to 12 months

48%

 

 

Up to 15 months

25%

 

 

Up to 18 months

12%

 

 

Exceeding 18 months

Nil

 

Free look period: If you are not happy with the coverage, and terms and conditions of the policy, you have the option of cancelling the policy within 15 days of receipt of the policy documents, provided there has been no claim.

Additional Features or Riders

  • Sum Insured Enhancement - Sum Insured can be enhanced only at the time of renewal subject to no claim have been lodged under the policy. In cases where the sum insured increase is more than one grid up, the case shall be subject to medicals.
  • Tax Benefits - you can presently avail tax benefits for the premium amount under Section 80D of the Income Tax Act. (Tax benefits are subject to changes in Tax Laws)
  • Discounts
    • Family Discount of 5% if 2 members are covered and 10% if 3 or more family members are covered under Easy Health Individual Health Insurance Plan.
    • 7.5% Discount on premium if Insured Person is paying premium of 2 years in advance as a single premium.

 

Exclusions in Apollo Munich Individual Easy Health Premium Insurance Policy:

  • Death injury or disablement due to intentional self injuries, suicide or attempted suicide.
  • Disablement or death under influence of liquor or drug.
  • Death or disablement during racing, shooting, big game hunting, mountaineering, ice hockey, winter sports.
  • Insanity.
  • Breach of law with criminal intention.
  • War group of perils and nuclear group of perils.

Documents Required to Buy the Apollo Munich Individual Easy Health Premium Insurance Policy - 

An applicant has to fill up an ‘Application form/ proposal form’ with accurate medical history along with the address proof. Medical examination may be required in some cases, based on the sum assured and the age of the person.

Eligibility Criteria For Apollo Munich Individual Easy Health Premium Insurance Policy:

  • Minimum Age- 5 years
  • Maximum Age- 65 years
  • Child between 91 days and 5 years can be insured provided either parent is getting insured under this Policy.
  • Maximum 6 members can be added in a single policy. In an individual policy, a maximum of 4 adults and a maximum of 5 children can be included in a single policy. The 4 adults can be a combination of Self, Spouse & either set of parents or grandparents or parents in Law.