Recharge Feature of Care Health Insurance

Recharge Benefit Under Care Plan

Care Plan is a comprehensive health insurance plan offered by Care Health Insurance Company. This plan offers different options and a high amount of Sum Insured. The plan has automatic recharge feature and customers can choose to take Unlimited Automatic Recharge (optional cover).

Automatic Recharge

In case of Automatic Recharge, if a claim is payable in a policy year under the Policy, then Care Health Insurance will automatically reinstate up to the Sum Insured for that year, provided the following conditions are met:

Unlimited Automatic Recharge

Unlimited Automatic Recharge is an optional cover and an extension to Automatic Recharge. Almost all the terms and conditions applied to Automatic Recharge also applies to Unlimited Automatic Recharge. Only difference is that here, the Recharge can be availed unlimited times during the policy year. In case of Single claim, the maximum liability of Care Health Insurance Company will not be more than the Sum Insured. Also, the Company will not consider No Claims Bonus and No Claims Bonus Super while computing Unlimited Automatic Recharge.

Recharge Benefit Under Care Freedom Plan

Care Freedom Plan is a senior citizen health insurance plan offered by Care Health Insurance Company. The plan offers 3 Lakhs, 5 lakhs, 7 lakhs or 10 lakhs as Sum Insured for a tenure of 1 year, 2 years or 3 years. For all the different Sum Insured options, the plan offers 100% of the original Sum Insured as Recharge of Sum Insured.

Recharge of Sum Insured

In this case, if a claim is payable in a policy year under the Policy, then Care Health Insurance will automatically reinstate up to the Sum Insured for that year, provided the following conditions are met:

1. The recharge facility can be used if the Sum Insured has completely exhausted in the policy year.
2. Claims will allowed under Recharge only if the same is allowed under Benefit I (Hospitalisation Expenses) of the policy.
3. The recharge is available only for making future claims that are not related to any of the previous claims (for any illness or injury) made during the Policy year.
4. The total recharge sum should not be more than the Sum Insured for that year.
5. Policyholders cannot carry forward their unused recharge sum to the next year.
6. In portability cases, the credit for SI will be accessible only to the extent of SI of the expiring policy, including Recharge.
7. Recharge will be available on Floater basis if the Policy is issued to the customer on a Floater basis.
8. For single Claim during the year, the maximum amount of claim payable will be lower of the Sum Insured or the per claim limit mentioned under the terms and conditions of the policy.

1. The aggregate Claim amount payable during a policy year will not be more than the total of the Sum Insured and Recharge of Sum Insured.
2. The Recharge balance will be available during the year until it is completely exhausted.
3. This recharge benefit is not available on Optional Covers.

GST rate of 18% applicable for all financial services effective July 1, 2017.