Religare Joy - Maternity and New Born Cover with Health Insurance
Objective
The policy is designed to cover unforeseen hospitalisation expenses along with maternity cover.
Suited for
The policy is suited for anyone looking for a normal health cover specifically with a maternity cover.
What does it do?
Like any other health insurance policy it covers unforeseen hospitalisation expenses on an individual or floater basis. It also covers maternity expenses.
Pros
One of the plans (Joy Today) provides maternity cover with an extremely short waiting period of 9 months.
Covers New Born baby from day 1.
Premium paid under this policy is eligible for tax benefit under Section 80D.
Cons
One of the plans (Joy Today) cannot be purchased for a term of less than 3 years.
Does not cover Domiciliary Hospitalisation.
Our View
In the current time, when medical cost is spirallining up, it is very important to have a health cover. This health insurance plan is specifically designed to additionally provide a maternity and a new born baby cover which is often omitted by other regular health insurance policies.
Eligibility
| Entry Age (years) | |
| Minimum | 18; 1 day for children |
| Maximum | 65 |
| Maximum Policy Renewal Age (years) | Life long renewal |
| Coverage Type | Individual / Family Floater |
| Sum Insured (Rs) | |
| Maximum | 5 lakh |
| Minimum | 3 lakh |
| Policy Term (years) | 1/2/3; only 3 years for Joy Today |
| Discount | 7.5% on selecting a 2 year policy term and 10% on selecting a 3 year policy term. |
| Pre Policy Medical Check Up | Compulsory for entry age 46 years and above. |
| Free look Period | 15 days |
| Grace Period for Policy Renewal | 30 days |
| Customer Service | |
| Address | Religare Health Insurance Company Limited, GYS Global, Plot No. A3, A4, A5,Sector - 125, Noida, U.P.- 201301 |
| Mail to | [email protected] |
| Call to | 1800 200 4488 (toll free) |
| SMS | Religare' to 56677 |
| Network Hospitals | Http://www.religarehealthinsurance.com/health-plan-network-hospitals.html |
Additions to the Plan
| Scope Of Cover | ||
| Plan | Joy Today | Joy Tomorrow |
| Cashless facility | available if treatment availed in empanelled hospitals | |
| Reimbursement facility | available if treatment taken in non-network hospitals | |
| Pre and Post Hospitalisation expenses | covered from 30 days before hospitalisation and 60 days post hospitalisation | |
| Room rent | Single private room with AC | |
| In-Patient Hospitalisation | Covered | Covered |
| Day Care Treatment | Covered | |
| Ambulance expenses | up to Rs 1,000 per claim | |
| Maternity Cover (including pre and post-natal expenses) | Up to Rs 35,000 for Sum Insured of Rs 3 lakh and up to Rs 50,000 for Sum Insured of Rs 5 lakh | |
| New Born Baby cover | Up to Rs 30,000 for SI of Rs 3 lakh and up to Rs 50,000 for Sum Insured of Rs 5 lakh | |
| New Born birth defects | Not Covered | Lump sum of Rs 50,000 |
| No Claims Bonanza (optional) | 100% increase of Sum Insured in case of 3 continuous claim free years; maximum upto 100% of Sum Insured. In case a claim is made during a policy year, the accumulated / accrued No Claim Bonanza would be reduced to nil. | |
| Exclusions and Waiting period | |
| Pre-existing diseases | covered after 48 months of continuous policy renewal |
| No claim period | 30 days from the policy start date |
| Waiting period | 24 months for specific illnesses namely, Arthritis, Benign ENT, surgery, cataract, Hernia,Varicose veins, ulcers, etc. |
| Maternity Wait Period | 9 months for Joy Today and 2 years for Joy Tomorrow |
| Co-payment clause | 20% (Applicable where age of eldest member at entry is 61 years or above) |
| Other exclusions | Non-Allopathic treatment, Dental treatment, Weight control program, Pshyciatric & Psychosomatic disorders, etc |
| Premium Chart (including taxes) | |||||
| Annual Premium for Joy Tomorrow; Eldest member in the age group of 18-45 years | |||||
| Sum Insured/No. of members | 1 Adult | 2 Adults | 2 Adult 1 Children | 2 Adults 2 Children | |
| 3 Lakh | 18167 | 20925 | 22101 | 23278 | |
| 5 lakh | 24515 | 27744 | 29239 | 30733 | |
| 3 year premium for Joy Today; Eldest member in the age group of 18-45 | |||||
| Sum Insured/No. of members | 1 Adult | 2 Adults | 2 Adult 1 Children | 2 Adults 2 Children | |
| 3 Lakh | 51713 | 58228 | 61007 | 63786 | |
| 5 lakh | 70895 | 78526 | 82056 | 85586 | |
