Star Health Diabetes Safe Insurance Policy

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

Introduction:

This is a specialised policy that covers diabetes and related ailments specially and also takes care of regular hospitalisation

Eligibility:

  • Minimum age:  18years and Maximum-65years, person already under the effect Diabetes Mellitus can take this insurance. There is no exit age and lifelong renewal beyond 65 years is also guaranteed.
  • Policy is available on Individual and as well as Floater basis. (Family of 2: Self and Spouse) both have to be diabetic.

Policy Benefits:

  • Covering any complications of Diabetes from day one and hospitalisation cover for all ailments including accidents.
  • Also provide regular hospitalization cover for all other ailments/injuries.
  • Pre Hospitalization expenses up to 30 days prior to the date of hospitalization.
  • Post Hospitalization expenses up to 60 days after discharge from the hospital not exceeding 7% of the hospitalization expenses or Rs 5000/- per hospitalization whichever is less.
  • Surgeons/Consultants, medical equipment and procedural fees are also covered.
  • Room rent-

                   Section 1: Standard Single AC room

                   Section 2: 1.5% of sum insured up to a maximum of 8500 INR.

  • Donor expenses are covered under kidney transplant.
  • Dialysis expenses of 1000 INR per sitting are covered up to 24 months.

Additional Features:

  • Automatic restoration of sum.
  • Cost of artificial imputation of limbs up to 10% of sum insured.
  • 400 day care procedures.

Policy Details:

  • Plan A:
    • Pre-acceptance medical screening is required
    • No waiting period for hospitalisation against diabetes.
    • Plan B: No Pre-acceptance medical screening is required
      • Waiting period of 30 days for all other hospitalisation except diabetes.
      • Waiting period of 15 months for Cardio Vascular/Renal eye/related to eye and foot ulcer diseases.
      • 24 months for transplant and related surgeries.
      • No change of plans after receipt of policy.
      • 100% cost of Pre-acceptance medical screening is borne by company.

Sum Insured: 300000, 400000, 500000, 1000000

Sub limits:

  • For Cataract:
    • (Sum Insured: 300000-500000 INR), a payment of 20000 INR per eye per person up to a limit of 30000 INR.
    • (Sum Insured: 1000000 INR), a payment of 30000 INR per eye per person up to a limit of 40000 INR.
    • No Sub limits for Cardio Vascular Diseases.     

Plan B:

Sum Insured (INR)

Maximum Liability of the company (INR)

300000

200000

400000

250000

500000

300000

1000000

400000

 

Premium Details:

Individual:

Individual

Age in Yrs./Sum Insured

PLAN A

PLAN B

300000

400000

500000

1000000

300000

400000

500000

1000000

18-30

8270

10340

11895

15465

10195

12745

14660

19060

31-35

8910

11140

12815

16660

11315

14145

16270

21155

36-40

9765

12210

14045

18260

13190

16490

18965

24655

41-45

11590

14490

16665

21665

15790

19740

22705

29520

46-50

15385

19235

22125

28765

18905

23635

27185

35345

51-55

19415

24270

27915

36290

24050

30065

34575

44950

56-60

24155

30195

34725

45145

30250

37815

43490

56540

61-65

31365

39210

45095

58625

42345

52935

60880

79145

66-70

41960

52450

60320

78420

55955

69945

80440

104575

71-75

53935

67420

77535

100800

68055

85070

97835

127190

76-80

67375

84220

96855

125915

87715

109645

126095

163925

Above 80

82335

102920

118360

153870

105860

132325

152175

197830

 

Floater:

Floater

Age in Yrs./Sum Insured

PLAN A

PLAN B

300000

400000

500000

1000000

300000

400000

500000

1000000

18-30

12070

15090

17355

22565

14565

18210

20945

27230

31-35

12985

16235

18675

24280

16160

20200

23230

30200

36-40

14200

17750

20415

26540

18840

23550

27085

35215

41-45

16810

21015

24170

31425

22555

28195

32425

42155

46-50

22230

27790

31960

41550

27005

33760

38825

50475

51-55

27985

34985

40235

52310

34355

42945

49390

64210

56-60

34760

43450

49970

64965

43210

54015

62120

80760

61-65

45055

56320

64770

84205

60495

75620

86965

113055

66-70

60195

75245

86535

112500

79935

99920

114910

149385

71-75

77300

96625

111120

144460

97220

121525

139755

181685

76-80

96505

120635

138735

180360

125305

156635

180135

234180

Above 80

117875

147345

169450

220285

151230

189040

217400

282620

 

Tax Benefit: Payment of premium by any mode other than cash is subject to rebate under section 80D.

Exclusions:

  • Pre Existing diseases as mentioned.
  • Disease that creeps into the insured during the first 30 days of the policy period. Also expenses of defined and related diseases as mentioned would not be borne during the first two years of continuous operation of insurance.
  • Dental treatment or surgery (excluding accidental damages).
  • Injury due to nuclear weapons and war or breach of law on an intentional basis.
  • Expenses on Vitamins and tonics not part of the treatment schedule.
  • Hospital registration and admission charges, record and telephone charges.

Cancellation Policy:

Misrepresentation, fraud, moral hazard or non-cooperation on behalf of the insured might lead to cancellation of policy making way for appropriate refund.

Period on risk

Rate of Premium to be retained by the insurer

Up to 1 month

1/3rd of annual premium

Up to 3 month

1/2 of annual premium

Up to 6 month

3/4th of annual premium

Exceeding 6 months

Full annual premium

 

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

Free Look Period: A period of 15 days after date of receipt of policy to review terms and conditions during which insured can cancel it with due refunds.

Portability:

If the insured wishes to migrate to another Insurer towards renewal, he can draft an application at least 45 days before the date of renewal.

Renewal Policy:

  • A grace period of 30 days to renew the policy from the date of expiry.
  •  Permitting an enhancement after renewal during this process.