IFFCO Tokio Hospital Cash Insurance Policy: Benefits, Premium & Coverage

IFFCO Tokio Hospital Cash Policy Overview

IFFCO Tokio Hospital Daily Cash policy provides a fixed cash benefit to the insured for each day of hospitalization resulting from an accidental injury or an illness. It offers double the daily hospital cash amount in case the insured is hospitalized in the ICU or Intensive Care Unit. It also provides a daily cash benefit for day care procedures and modern treatment methods & advancements in technologies.

The IFFCO Tokio Hospital Cash policy comes with the hospital cash amount options of Rs 250/500/750/1000/1500/2500/5000 per day. On the other hand, it comes with the number of hospital cash days of 15/30/60/90/180 days.

IFFCO Tokio Hospital Cash Policy Eligibility Criteria

Criteria	Specifications
Minimum Entry Age	18 years 91 days (children)
Maximum Entry Age	65 years 25 years (children)
Coverage	Individual/ Floater
Hospital Cash Amount	Rs 250/500/750/1000/1500/2500/5000
Number of Hospital Cash Days	15/30/60/90/180 days
Policy Term	1 year/ 2 years/ 3 years
Pre-policy medical check-up	Not required up to 55 years
Pre-existing diseases waiting period	4 years
Renewability	Lifelong
Discount	Family discount, Existing customer discount, Online/ walk-in discount

Key Features of IFFCO Tokio Hospital Cash Policy

Here are the key features and benefits of IFFCO Tokio Hospital Daily Cash policy:

It comes with a hospital cash benefit ranging from Rs 250 to Rs 5000 per day.
It offers individual as well as floater coverage.
It provides twice the daily cash amount if admitted to the ICU.
It also provides a cash benefit for day care procedures and modern treatments.

Inclusions of IFFCO Tokio Hospital Cash Policy

The following coverage is offered by IFFCO Tokio Hospital Daily Cash policy:

Hospital Daily Cash - Offers a hospital cash benefit every day if hospitalized due to an illness or accidental injury
ICU Daily Cash - Offers twice the daily cash benefit amount if admitted to the ICU
Day Care Surgery Cash - Offers a hospital cash benefit for one day if undergoing a covered day care procedure
Modern Treatment Cash - Offers a hospital cash benefit for each day of hospitalization due to modern treatment methods and advancement in technologies, such as oral chemotherapy, Stem cell therapy, etc.

Exclusions of IFFCO Tokio Hospital Cash Policy

The IFFCO-Tokio General Insurance Company Limited does not provide coverage for the following medical expenses:

Maternity expenses
Treatment of alcohol or drug addiction
Dental treatment
Injuries/illness due to participation in hazardous or adventure sports
Intentional self-injury or an attempt to suicide
Congenital anomaly
Sterility & infertility treatment
Regular preventive health check-up
Sexually transmitted diseases except for HIV AIDS

The exclusions mentioned above are not all. Find the complete list of exclusions by referring to the IFFCO Tokio Hospital Daily Cash policy brochure.

FAQs

Q. What are the waiting period under the IFFCO Tokio Hospital Cash policy?
The IFFCO Tokio Hospital Daily Cash policy comes with the following waiting period:
- Initial waiting period - 30 days
- Pre-existing diseases - 48 months
- Specific diseases/ procedures - 24/48 months
Q. Is there a way to reduce my IFFCO Tokio Hospital Cash policy premium?
Yes. You can reduce your IFFCO Tokio Hospital Cash policy premium with the help of the following:
- Family discount - 5% savings on premium if two family members and 10% savings on premium if three or more family members are covered under the same policy
- Existing customer discount - 10% savings on premium if you already have an insurance policy by IFFCO Tokio General Insurance Company Limited
- Online/ Walk-in discount - 10% savings on premium if you purchase the policy online or by visiting the nearest branch of the insurer
Please note that you cannot avail more than a total of 25% savings on premium under the IFFCO Tokio Hospital Cash policy.
Q. Can I cancel my IFFCO Tokio Hospital Cash policy after buying?

Yes. You can cancel your IFFCO Tokio Hospital Cash policy after buying. If you cancel the policy during the free look period i.e. the first 15 days of policy commencement, then you would not have to pay any cancellation fee. But if you cancel your policy after the free look period, a cancellation fee will apply.
Q. Can I change my daily cash amount under the IFFCO Tokio Hospital Cash policy mid-term?

No. You cannot change your daily cash amount or number of hospital cash days under the IFFCO Tokio Hospital Daily Cash policy mid-term.
Q. Which documents should I submit to file a claim under the IFFCO Tokio Hospital Cash policy?
You must submit the following documents to raise a claim under the IFFCO Tokio Hospital Cash policy:
- IFFCO Tokio claim form
- Photo ID & age proof
- Doctor’s prescription advising hospitalization
- Diagnostic/ investigative test reports
- OT notes
- Copy of FIR, if applicable
- Hospital discharge summary
- NEFT details
- KYC details (in case of a claim above Rs 1 lakh)