IFFCO Tokio Family Health Insurance Policy

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      IFFCO Tokio Family Health Insurance Policy

      The greatest wealth is health. Iffco Tokio family health insurance policy provides coverage against healthcare expenses in unfortunate event of illness. This policy gives cashless hospitalization benefit across 3000 network hospitals throughout India.

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      Key Features

      • Fees of all medical practitioner’s (surgeon, anesthetist) is covered.
      • Ambulance charges are covered up to Rs 750.
      • Charges of hospital for some specific treatments are covered up to 80% of sum insured.
      • There are two plans available one is base plan and another is wider plan based on coverage and features.

      Base plan: it covers pre-existing diseases after 4 years, day care treatments, vitamins and tonics for illness, dental surgery arising out of accident, transplant.

      Wider plan: it covers health checkup after 4 years, cumulative bonus ranging from 5% to 50% on claim free renewals.

      Benefits

      • Income tax benefit is available under section 80D.
      • Sum insured can be increased from 5% to 50% on claim free renewals.
      • There is no co-payment or excess admissible under this policy.
      • Proposer will get a certain discount on premium if he holds his two wheeler motor policy with IFFCO Tokio Insurance

      Details about Premium

      There are four sum insured options allowed under this policy ranging from Rs 2,00,000 to Rs 5,00,000. Premium will depend on the number of family members, sum insured chosen and age of the eldest person in the family. Premium can be calculated from the company’s premium calculator.

      Policy Details

      Minimum sum insured: Rs 2, 00,000

      Maximum sum insured: Rs 5, 00,000

      Coverage: self, spouse and two dependent children (below 23 years of age)

      Policy period: Policy is issued for 1 year and need to be renewed after every one year.

      Portability: Portability is allowed under this policy wherein the policyholder can switch from one insurer to another and cumulative bonus gained over the period will be transferred respectively.

      Additional Riders or Features

      Critical illness cover:For 10 defined critical illnesses, proposer can take critical illness coverage (doubling the sum insured) by paying an extra premium of 30% of basic premium.

      Documents Required

      • The proposer has to fill an application/proposal form to buy this policy. The company can ask the proposer to submit past medical history.

      Eligibility Criteria

      Persons in the age slab of 3 months to 60 years can be covered. But proposer has to be in the age slab of 18 years to 60 years. The proposer coverage might continue till the age of 80 years on continuous renewal with the same company.

      Inclusions

      Plans

      Base plan

      Wider plan

      Daily allowance

      Rs 150 per day

      Rs 250 per day

      Ambulance charges

      Rs 750

      Rs 1500

      Limit of liability

      Basic sum insured

      Option I: basic sum insured+ cumulative bonus if earned

      Option II: basic sum insured+cumulative bonus+critical illness extension

      Sublimit for intensive care unit

      2% of sum insured

      2.5% of sum insured

      Exclusions

      Blood cancer, heart disease, renal failure

      covered

      Exclusions

      • Pre-existing diseases are not covered at the time of inception of policy.
      • Acupuncture, naturopathy is not covered.
      • HIV/AIDS is excluded.
      • Intentional self-injury, cosmetic surgery is not covered.
      Policybazaar exclusive benefits
      • 30 minutes claim support*(In 120+ cities)
      • Relationship manager For every customer
      • 24*7 claims assistance In 30 mins. guaranteed*
      • Instant policy issuance No medical tests*
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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

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      *We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30- minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881.

      *Product information is authentic and solely based on the information received from the Insurer. Policybazaar is acting only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. Policybazaar does not provide any medical or surgical advice or diagnosis and is not responsible for your interactions / treatment by a medical practitioner/hospital. Please consult a registered medical practitioner for any medical or surgical advice. The Information that you obtain or receive from Policybazaar, and its employees, or otherwise on the Website is for informational purposes only. As per the Insurance guidelines, you are allowed to cancel the policy with-in 30 days from the date of Issuance of policy.This option is available incase of policies with a term of one year or more.

      *All the health insurance plans cover hospitalization expenses including COVID-19 treatment cover up to the specified limits. You can also buy specific COVID-19 health insurance policies such as Corona Kavach Policy and Corona Rakshak policy.

      **All savings and online discounts are provided by insurers as per IRDAI approved insurance plans. #Tax Benefits are subject to changes in tax laws. GST Exemptions depend on fulfilment of qualification criteria and submission of relevant documents.

      *₹1748/month is the starting price for a 1 crore health insurance for an 18-year-old male, with no pre-existing diseases. Discount on renewal premium is subject to the number of wellness points earned in the health insurance policy. For more details about the plans, please read the sale brochure carefully to get upto 100% discount on renewal premium.

      *₹400/month is the starting price for ₹ 5 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹541/month is the starting price for ₹ 10 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹762/month is the starting price for ₹ 1 Crore Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹243/month(₹ 8/day) is the starting price for a 5 lakh health insurance for a 20-year-old male, non-smoker, living in Bengaluru with no pre-existing diseases

      *₹2020/month is the starting price for ₹ 1 Cr Health insurance for a 50 year old male & 50 years old female, living in Bangalore with no pre-existing diseases rounded off to nearest 10.

      *₹390/month (₹13 per day) is starting price for 1 cr. Health insurance for 25 years old male, with pre-existing diseases, residing from tier 1 city rounded off to the nearest 10.

      *No medical tests are required unless requested by the insurer’s underwriter. In-case of pre-existing diseases relevant medical proof would be required as per the terms and condition of the policy opted.

      *The values taken for effective cost calculation are indicative values and may change as per the selected plan.

      *Coverage upto double the amount of Sum Insured is available on certain covers for a minimum plan of Rs. 5 Lakh on the first claim only to an individual of upto 45 years of age with no pre-existing diseases. The benefit is available with or without extra cost depending on the plan chosen.

      *Coverage of pre-existing diseases is provided by insurer as per their underwriting policy.

      *The scope of coverage may vary from plan to plan.

      ~Source: Google Review Rating available on:- http://bit.ly/3J20bXZ

      ##On ground claim assistance is available in 114 cities

      Tax Benefits are subject to changes in tax laws. GST Exemption depends on fulfilment of qualification criteria and submission of relevant documents as required by the insurers. For more details on risk factors, terms and conditions, please read the sales brochure and applicable rules and regulation carefully before concluding a sale.

      STANDARD TERMS AND CONDITIONS APPLY. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

      Policybazaar is a registered Composite Broker |Registration No. 742, Valid till 09/06/2027, License category- Composite Broker| Visitors are hereby informed that their information submitted on the website may be shared with insurers.

      Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana - 122001 Contact Us | Legal and Admin Policies

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