Tata AIG Wellsurance Woman

Objective

This policy has been specially designed to insure women. It provides an insurance cover against specific illnesses and other benefits.

Suited for

It can be bought by females on an individual basis.

What does it do?

This policy comes in three variants:- Classic, Supreme and Elite. While Classic is a basic variant, Elite is the highest version of this policy offering larger sum insured compared to the other two. This policy will pay a lump sum in case the insured female contracts any of the covered 11 illnesses. It also pays a daily cash benefit to take care of other routine expenses outside the insurance coverage. The policy can also pay for ambulance, recovery, discounts at specific gyms and spas, and discounts on selected health check-up packages at network hospitals.

Pros

This policy can be bought online.
It allows lifelong renewal and premium paid can avail tax deduction under Section 80D of Income Tax Act.

Our View

This is a recommended policy that can be bought as an add on to a basic health insurance policy. Apart from covering critical illnesses, it provides for other subsidiary expenses which are otherwise not covered under a basic policy. A major advantage is that the policy allows renewal up to lifetime of the insured person.