Star Medi Classic
An online health insurance policy which aims to protect insured member(s) from expenses incurred on treatment taken as an inpatient along with several other benefits available for extra price.
Anyone between 5 and 80 years (65 years for a Rs 10 lakh cover) is eligible to buy this policy on individual or floater basis.
What does it do?
This policy can be bought for an individual, a family floater or a group. Group policy can avail a discount on premium if bought for more than 500 persons. It provides for hospitalisation expenses with sub-limits on room rent and boarding, pre and post hospitalisation expenses and ambulance charges.
Policyholder can widen the cover by opting for other benefits by paying extra premium. Optional benefits include daily cash benefit, patient care for persons above 65 years and newborn baby cover. This policy also covers non-allopathic treatment.
It covers non-allopathic treatment as well.
The policy can provide cover up to Rs 10 lakh.
This policy allows a 5 per cent discount if it’s purchased online.
It provides a no-claim discount for every claim-free year.
Group policies avail a discount on premium.
Premium paid towards this policy can be availed as deduction under section 80D of IT Act.
Room rent and boarding charges are capped.
Family floater policy is available for a sum insured up to Rs 3 lakh only.
This is a good policy that also covers non-allopathic treatment. Policyholders can customise the policy by adding supplementary benefits. For instance, patient care benefit pays a daily cash amount for nursing charges, which is useful.The only drawback is the capping on room rent and boarding. Even though it does not offer a lifelong policy renewal, 80 years is a long enough tenure.
|Entry Age (years)|
|Maximum||80 (65 for Rs 10 lakh Sum Insured)|
|Maximum Policy Renewal Age (years)||80 (65 for Rs 10 lakh Sum Insured)|
|Sum Insured (Rs)|
|Policy Term (years)||1|
|Tax Benefit||Premium paid is eligible for tax benefit under section 80D of the Income Tax Act|
|Discount||5-25% for each claim free year except for Family Package Plan|
5% for online purchase
|Pre Policy Medical Check Up||Mandatory for persons above 50 years of age at cost of the company|
|Policy Termination||Either of insurance cpmpany or policyholder may terminate the policy by giving a 30 day notice.|
|Customer Service||Star Health and Allied Insurance Company Limited|
Corporate Office: No.1, New Tank Street,
Valluvar Kottam High Road, Nungambakkam,
Chennai - 600034.
|Mail to||[email protected], [email protected]|
|Call to||1800 425 2255/ / 044 2826 3300|
|SMS||STAR to 56677|
Additions to the Plan
|Scope Of Cover|
|Cashless facility||Available at empanelled hospitals in India|
|Re-imbursement||Available at non empanelled network of hospitals|
|Pre hospitalisation||Covered; upto maximum of 30 days prior to hospitalisation|
|Post Hospitalisation||lumpsum calculated at 7% of the hospitalization expenses (excluding room charges) subject to a maximum of Rs.5,000|
|Room rent, boarding||2% of sum insured, subject to a maximum of Rs.4000/- per day|
|nursing expenses, Surgeon's fees, Consultant's fees, Anesthetist's and Specialist's fees, Cost of medicines and drugs||Covered|
|Emergency Ambulance||Rs 750 per hospitalisation upto maximum of Rs 1500 per policy period|
|Non Allopathic Treatment||Covered upto maximum of 25% of Sum Insured subject to a maximum of Rs 25000 per policy year|
|Optional Cover (payment of additional premium required)|
|Hospital Cash||Rs 500 per day; maximum Rs 1500 per hospitalisation; maximum Rs 3000 per policy year|
|Patient Care (for persons above 65 years of age)||Pays attendant charges after discharge @ Rs 400 per day upto maximum of 5 days per hospitalisation|
|New born baby (upto 5 months)||Covered for 10% of Sum Insured in respect of mother|
|Exclusions and Waiting Period|
|Pre existing diseases||Any pre-existing disease will be covered after 4 years|
|No claim period||Any disease contracted during the first 30 days of commencement of the policy|
|New Born Baby Cover||Post natal and immunization expenses|
|Waiting Period||2 days for Patient CareCertain diseases such as hernia, piles, sinusitis etc shall be covered after a waiting period of 1 year.Certain diseases such as Cataract, treatment of joints unless caused by an accident, varicose veins etc will be covered after 2 years|
|General Exclusions||Naturopathy treatmentCosmetic, beauty or slimming treatment|
|Annual Premium Option for Individual|
|Age (in years)||Sum Insured (in Rs)|
|1.50 lakh||2 lakh||3 lakh||4 lakh||5 lakh||10 lakh|
|Zone 1: Delhi, Noida, Gurgaon, Ghaziabad, Faridabad,Mumbai, Thane, Pune and entire State of Gujarat|
|Zone 2: Rest of India ( Other than Delhi, Noida, Gurgaon, Ghaziabad, Faridabad,Mumbai, Thane, Pune and entire State of Gujarat )|
|Figures are indicative; premium for appropriate sum assured for each age band excluding service tax|
|Premium discount on group policies|
|Group Size||% of discount on Premium (excluding add-on covers & service tax)|
|Upto 500 persons||NIL|
|Premium for Optional Cover|
|Hospital Cash||200 - 350 per person|
|Patient Care||300 per person|
|New born baby||10% of policy premium|