Apollo Munich Optima Restore

What does it do?

Optima Restore offers two unique benefits. First, it restores basic sum insured if insured person exhausts his limit during the policy year. The restored sum insured can be utilized against some other illness not claimed earlier during the policy period. In case of family floater policy, the restored sum can be used by some other person insured under the floater policy. For instance, if a person extinguishes sum insured of Rs 5 lakh during first policy year, the policy reinstates entire sum insured. The individual may claim the reinstated sum insured for some other illness not related to the earlier illness. In case of family floater policy, the reinstated sum insured can be used by some other family member covered under the policy.
Second, this policy provides a no claim bonus at 50 per cent of basic sum insured for each claim-free year. Thus, the sum insured doubles itself in case no claims arise during two consecutive years. Sample this, for a Rs 5 lakh policy, the sum insured becomes Rs 7.5 lakhs in case of a claim-free year and Rs 10 lakhs after second claim-free year. However, in case of a claim, the bonus would be reduced by 50 per cent of sum insured in subsequent year.
This policy covers inpatient hospitalisation expenses. It covers pre and post hospitalisation expenses. Day care procedures which do not require a 24-hour stay in hospital due to technological upgradation and domiciliary treatment wherein, treatment is taken at home on advice of doctor which would otherwise require hospitalisation also falls under its coverage. It also provides emergency ambulance.