What does it do?
This is a health insurance policy available in two variants- Silver and Gold. The policy pays for medical bills for inpatient treatment in a hospital as well as domiciliary treatment taken at home on advice of a doctor. The policy also covers other expenses like ambulance charges.
On paying extra premium, the policy can offer a hospital cash benefit of pre-decided cash amount for each 24 hours completed in a hospital.
Pros
This policy can be bought online. It allows lifetime policy renewal.
Premium paid under the policy is eligible for tax benefits under Section 80D of Income Tax Act.
Cons
There is capping on room rent cover.
There is a co-payment clause if treatment is availed in higher Zone.
