Family Health Insurance

Health is Happiness.

Features

Eligibility Star Comprehensive Insurance Policy can be purchased by individuals between the age of 18 years and 65 years. The comprehensive family floater plan allows its holder to cover their family, including two adults and up to three dependent children between the ages of 3 months and 25 years. Sum insured The plan provides sum insured options ranging from a minimum of Rs. 5 lakhs to Rs. 1 crore. Product type Star Comprehensive Insurance Policy is an indemnity-based medical insurance policy available on both individual and family floater coverage basis. Policy term Available for - 1 year / 2 years / 3 years Co-payment A co-payment of 10% for every claim is applicable for those who purchase this policy at the age of 61 and above. This means that every time a claim is filed with the company, the insured will be required to pay a fixed 10% of the claim, and then Star Health Insurance will process the rest of the claim. Waiting periods ? Any illness contracted within 30 days of the policy`s inception (activation of the policy) is not covered. The exception is in case of an accident. ? Coverage for specified illnesses/ surgeries becomes effective after 24 months. ? Pre-existing diseases are covered after a waiting period of 36 months from the policy`s date of activation. Note: There is an option to reduce the pre-existing disease waiting period from 3 years to 1 year, which comes under the Buy-Back Pre-Existing Diseases (PED) option. Portability According to IRDAI guidelines on portability, the insured person can port the policy to another insurer by applying to that insurer to port the entire policy. If any, they can port all family members at least 45 days before, but no earlier than 60 days before the policy renewal date. Free look period A free look period of 15 days from the date of receipt of the policy is available for reviewing the policy`s terms and conditions. If the insured is not satisfied with the plan, they will have an option of cancelling the policy within the stipulated period. In such a case, the company will process the premium refund after adjusting the cost incurred during that period. Pre-acceptance and medical screening No pre-policy medical screening is required. Lifelong renewal option The Star Comprehensive Insurance plan offers a lifelong renewal option. If the insured renews the policy within the due date, he can enjoy continuous benefits like reduced waiting period on coverage of PED’, cumulative bonus etc. A grace period of 30 days is provided to renew the policy. This way continuity of benefits is ensured..

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