Tata AIG Wellsurance Executive
This policy aims to provide insurance coverage to all family members and the sum insured for each member can be chosen by the policyholder.
Any individual between 18 to 65 years of age can buy this policy as an add-on to a basic health insurance.
What does it do?
It is a fixed benefit policy and comes in three variants- Classic, Supreme and Elite. Classic is the lowest variant offering low sum insured and Elite is the top most variant. This policy covers hospitalisation expenses, surgeries, 9 critical illnesses and post hospitalisation expenses. Each benefit is fixed at the amount stated in policy document. The policy will pay the specified lump sum if a claim is made.
Cover for postoperative physiotherapy and kidney dialysis is useful.
This policy can be bought online and allows lifelong renewal.
Premium paid towards this policy is deductible under Section 80D of the Income Tax Act.
The policy will pay a fixed benefit as stated in the policy statement.Though it offers wide coverage, it is not a substitute for basic health policy. This is a critical illness plan offering hospitalisation and other benefits as add-ons. This policy can be bought as an add-on to a basic health insurance to enhance the scope of coverage. A critical illness policy is a must for those who with a family history of any such illness.
|Entry Age (years)|
|Maximum Policy Renewal Age (years)||Life long renewal|
|Sum Insured (Rs)|
|Maximum||As stated in the policy document|
|Minimum||As stated in the policy document|
|Policy Term (years)||1|
|Grace Period for Policy Renewal||15 days|
|Policy Termination||Insurer may cancel the policy by providing a 15 days prior notice. Insured person may also cancel the policy at any time. Insurer will refund a proportionate premium as stated in the policy document|
|Address||Registered Office:TATA AIG Insurance, 9th Floor, Piramal Towers, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400 01|
|Mail to||[email protected]|
|SMS||TAG to 5616181|
Additions to the Plan
|Scope of Cover|
|Hospital Cash (up to 90 daysfor room rent, boarding, etc)||2000 per day||3000 per day||4000 per day|
|ICU Benefit (upto 15 days)||3000 per day||4500 per day||6000 per day|
|Nursing andPhysicians Visit||750 per day||1000 per day||1250 per day|
|Investigation u0096 CT Scan orDoppler study||1250||1750||1750|
|Investigation u0096 Lab Test,X-ray or ECG||350||500||750|
|Physiotherapy - while hospital confined upto 30 days||750 per day||1000 per day||1250 per day|
|Convalescence benefit(payable after 5 continuous days of hospitalisation||1500||2500||4000|
|Major and minor surgeries||covered upto a certain sum as stated in the policy document|
|Post Hospitalisation- outpatient expenses|
|Post operative physiotherapy minimum 2 visits||3500||5000||7000|
|Chemotherapy/Radiation u0096 min. 3 visits||150000||250000||300000|
|Cancer / First Heart Attack/ Stroke / Kidney Failure / Coma / Total Blindness / Permanent Paralysis of limbs / Multiple Sclerosis / Major burns||3 lakh||5 lakh||7.5 lakh|
|Health and Wellness Offers||policyholder will receive discounts at select gyms, spas, skin care and weight management centres|
|Wellsurance Health Perks||Privileged customers get discounts on selected health check up packages at network hospital|
|Exclusions and Waiting Period|
|Pre-existing diseases||covered after 48 months of continuous policy renewal|
|No claim period||90 days from inception of the policy or 120 days for major surgeries|
|Waiting period||90 days from inception of the policy|
|Survival period||insured person needs to survive for a minimum of 30 days starting from the day of contracting any of the covered critical illness|
|Annual premium rates are exclusive of service tax and cess. For renewal premiums for age 66 years or above, contact insurance company office.|