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Star Student Care Insurance

Objective

This is policy aims to cover school and college students against accidental mishaps.


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.


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.

Eligibility
Entry Age (years) 
Minimum3 under School Student Care and 15 under College Student Care Insurance
Maximum18 under School Student Care and 25 under College Student Care Insurance
Maximum Policy Renewal Age (years)25
Coverage TypeSchool and College Students on an individual basis
Sum Insured (Rs) 
Maximum1 lakh for School Students and 2 lakhs for College Students
Minimum50000 for School Sutdents and 75000 for College Students and in multiples of Rs 10000 thereafter
Policy Term (years)1
Tax BenefitNot Available
Customer Service 
AddressStar 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 to1800 425 2255/ / 044 2826 3300
SMSSTAR to 56677
Additions to the Plan
Scope of Cover
Accidental Death Covered; pays Sum Insured
Permanent Total DisablementCovered
Permanent Partial DisablementCovered
Hospitalisation CoverRs 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 parentRs 5000 for a school student and Rs 10000 for a college student
Exclusions and Waiting Period
Pre-existing conditionNot covered
Physically or mentally challenged peopleNot covered
General ExclusionsAccident as a result of drunkenness or addictionSuicideAccident arising out of Nuclear, Biological and chemical terrorism
Annual Premium Option for School Student Care Plan
Sum Insured (R)
500001 lakh
School Student Care70100
Indicative premiums exclusive of service tax
Annual Premium Option for Collge Student Care Plan
Sum Insured (R)
750001 lakh2 lakh
College Student Care120135195
Indicative premiums exclusive of service tax