Star Student Care Insurance
Objective
This is policy aims to cover school and college students against accidental mishaps.
Our View
Some personal accident policies have a provision to cover children if both parents are covered under the same policy. If your child is already covered under such a plan, there is no need to go for this policy. Personal accident policies offer coverage wider than this policy. Thus it is wiser to select personal accident policy over this. Before buying such a policy make sure the benefits fit your needs.
Suited for
This policy is suitable for school and college students.
What does it do?
It pays in the event of death and partial or total permanent disability caused due to an accident. The policy will pay the sum insured as chosen by the policyholder at the time of buying the policy. The policy also provides hospitalisation cover that includes outpatient treatment benefit. In case of death or permanent disablement of earning parent, the insurer extends an Education Grant to the child upto the limit stated in policy document.
Pros
It offers free hospitalisation cover worth Rs 5,000.
Cons
Hospitalisation benefit and education grant are very small amounts which may not be sufficient.
Eligibility
Entry Age (years)
Minimum
3 under School Student Care and 15 under College Student Care Insurance
Maximum
18 under School Student Care and 25 under College Student Care Insurance
Maximum Policy Renewal Age (years)
25
Coverage Type
School and College Students on an individual basis
Sum Insured (Rs)
Maximum
1 lakh for School Students and 2 lakhs for College Students
Minimum
50000 for School Sutdents and 75000 for College Students and in multiples of Rs 10000 thereafter
Policy Term (years)
1
Tax Benefit
Not Available
Customer Service
Address
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 | |
| Accidental Death | Covered; pays Sum Insured |
| Permanent Total Disablement | Covered |
| Permanent Partial Disablement | Covered |
| Hospitalisation Cover | Rs 5000 (inclusive of OPD cover of Rs 1000 for School students and Rs 2000 for college students) |
| Education Grant in case of death/ disability of earning parent | Rs 5000 for a school student and Rs 10000 for a college student |
| Exclusions and Waiting Period | |
| Pre-existing condition | Not covered |
| Physically or mentally challenged people | Not covered |
| General Exclusions | Accident as a result of drunkenness or addictionSuicideAccident arising out of Nuclear, Biological and chemical terrorism |
Cost Details
| Annual Premium Option for School Student Care Plan | ||
| Sum Insured (R) | ||
| 50000 | 1 lakh | |
| School Student Care | 70 | 100 |
| Indicative premiums exclusive of service tax | ||
| Annual Premium Option for Collge Student Care Plan | |||
| Sum Insured (R) | |||
| 75000 | 1 lakh | 2 lakh | |
| College Student Care | 120 | 135 | 195 |
| Indicative premiums exclusive of service tax | |||
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
