Star Health Super Surplus Insurance Plan
This is a top-up policy that aims to protect policyholders from higher claims in a cost efficient manner.
This policy is suitable for those who are covered under employer's insurance policy. It can be bought as an extension to your existing policy to provide higher protection. It is also worthy for older people when the chances of higher claims are more.
What does it do?
This policy works as a top-up on your existing insurance cover to pay for expenses which could go beyond your existing cover. It can be bought as a supplementary policy to pay for higher claims. This policy will not get triggered until your expenses cross the deductible. Deductible is the limit which has to paid by your existing policy or out of your pocket if uninsured. Deductible applies on a per-claim basis. For an instance, if the policyholder has a top-up cover with a threshold of Rs 3 lakh and gets hospitalized twice in a year with bills of Rs 2.5 lakh and Rs 2 lakh respectively, the top-up plan will not be triggered. This policy will activate only if the single hospitalisation bill exceeds the threshold mark.
This policy can be bought online.
Premium paid towards this policy qualifies for deduction under section 80D of Income Tax Act.
The policy does not allow lifelong renewal.
Deductible applies on per-claim basis.
This policy is good for those who foresee bigger responsibilities and thus wish to increase their health cover. Sharing costs through a top-up policy is useful as it provides higher cover at comparatively low rates. Deductible on per-claim basis is a drawback. Nonetheless, this policy is suitable for the elderly as they are more likely to risk of high medical bills.
|Entry Age (years)|
|Maximum Policy Renewal Age (years)||75|
|Coverage Type||Individual/ Family Floater|
|Sum Insured (Rs)|
|Maximum||7 lakh for individual and family floater over and abover deductible|
|Minimum||4 lakh for individual and 5 lakh for family floater over and above deductible|
|Policy Term (years)||1|
|Tax Benefit||Premium paid is eligible for tax benefit under section 80D of the Income Tax Act|
|Pre Policy Medical Check Up||Not required upto 50 years of age|
|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|
|Cashless facility||Available at empanelled network hospitals in India|
|Re-imbursement||Available if treatment taken at any non empanelled non network hospital|
|Room rent, boarding||covered upto a maximum of Rs. 4,000 per day|
|ICU, Nursing expenses, Drugs and Diagnostic tests, Fees for Doctor / Surgeon / Consultant / Anesthetist||covered|
|Exclusions and Waiting Period|
|Pre existing diseases||Covered after 36 months|
|No claim period||Any disease contracted during the first 30 days of commencement of the policy|
|Deductible||Individual Cover : 3 lakhFamily floater : 3 lakh/ 5 lakh|
|Other exclusions||Cosmetic or beauty related treatmentsNaturopathy/ Non Allopathic treatment|
|Annual Premium Option for Family Floater Policy|
|Sum Insured(in Rs; over and above the deductible limit)||Deductible Amount (R)||Premium (R)|
|7 lakh||3 lakh||6405|
|5 lakh||5 lakh||4831|
|Indicative premiums; irrespective of age; inclusive of service tax|