Max Life Health Insurance
Max Life Insurance offers several health insurance plans that best suit an individual’s requirements. Due to rising prices for medical treatment, it is important that individuals purchase a health insurance policy for financial protection.Individuals who have a health insurance policy will be provided financial assistance in the case of any medical expenses due to critical illnesses, surgeries, etc.
The company is associated with many hospitals, thus, policyholders are provided cashless treatment at these hospitals. Some of the benefits of opting for the health insurance cover offered by Max Life Insurance are tax benefits, cover is provided for more than 60 critical illnesses, and cashless claims can be made.
Max Life Insurance Highlights
Features | Specifications |
Disability | Covered |
Claims Paid Ratio | 99.34% |
Critical Illnesses Covered | 64 |
Types of Health Insurance Policies Offered by Max Life Insurance
The different types of health insurance policies that are offered by the company are mentioned below:
1. Max Life Critical Illness and Disability Rider
Entry Age | 18 years to 65 years |
Basis | Can be purchased as an add-on with a life insurance plan |
Cover | Cover is provided for 64 critical illnesses |
Disability Covered | Temporary and Permanent |
Variants | GoldGold PlusComplete Personalisation |
Tax Benefits | Under Section 80D of the Income Tax Act |
Benefits | Tax benefitsPremiums are affordableExpensive treatments may be fundedSeveral critical illnesses are coveredFinancial support if offered |
2. Max Life Cancer Insurance Plan
Entry Age | 25 years to 65 years |
Maturity Age (Maximum) | 75 years |
Cover | Major cancer stageCarcinoma-in-SituEarly-cancer stage |
Tax Benefits | Under Section 80D of the Income Tax Act |
Benefits | Tax savingsQuality treatment is offered at renowned hospitalsDepending on the plan, the premium that is paid may be waivedCancer insurance is provided at low costs |
Why Max Life Health Insurance?
Some of the benefits of the health insurance plans offered by Max Life Insurance are mentioned below:
- Tax Benefits: Tax benefits are offered by the government on the premium that is paid for a health insurance plan. Tax benefits can be claimed under Section 80D of the Income Tax Act. Depending on the individuals that are covered under the policy, the amount of tax that can be claimed will vary.
- Cashless Treatment: Max Life Insurance has several network hospitals under the plan. Therefore, cashless treatment is provided in case individuals undergo treatment at a network hospital. The health insurance card must be provided and the pre-authorisation form must be filled out to claim the benefits.
- Critical Illnesses Protection: Critical illness protection may be offered as a separate health insurance plan or can be added as a rider. Opting for the protection will provide cover against many ailments that are life-threatening. Some of the illnesses that are covered under the policy offered by Max Life Insurance are mentioned below:
- Chronic Liver disease
- Blindness
- Open Chest CABG
- Primary Pulmonary Hypertension
- Cardiomyopathy
- Surgery to Aorta
- Open Heart Replacement
- Angioplasty
- Cancer
- Comprehensive Coverage: Financial protection is provided due to medical emergencies.
Steps to File a Claim
Critical Illness Cover
The claim will depend on the diagnostic report. You can need to contact the insurance company to raise a claim. The following documents must be submitted:
- Claim form.
- Identity proof.
- Cancelled cheque or NEFT details.
- Pre-hospitalisation records.
- Post-hospitalisation records.
- Consultation records.
- Medical test records.
Cancer Insurance Plan
An individual must purchase the cancer insurance plan for the specific tenure. In case the individual has been diagnosed with cancer during the policy term, a lumpsum or the sum assured that is remaining will be paid (depending on the cancer stage). Death benefits may not be provided.
Max Life Insurance Customer Care
- Customer Care: 1860 120 5577
- Online Sales Helpline: 0124 648 8900
- Cashless Benefit Claims: claims.support@maxlifeinsurance.com
FAQs on Max Life Health Insurance
- Will an individual need to undergo any medical tests before purchasing a critical illness cover?
Yes, an individual must undergo the relevant medical tests before a critical illness cover is provided.
- Can multiple claims be made for the same disease under the Critical Illness Cover?
No, multiple claims cannot be made under the Critical Illness Cover for the same disease.
- Will I need to submit KYC documents to purchase the Critical Illness Cover?
Yes, KYC documents will need to be submitted to purchase the Critical Illness Cover.
- Can I buy the Max Life Cancer Insurance Plan online?
Yes, you can purchase the Max Life Cancer Insurance Plan online.
- Is deafness covered under the Critical Illness Cover offered by Max Life Insurance?
Yes, deafness is covered under the Critical Illness Cover offered by Max Life Insurance.
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