Individual Medishield is a health insurance policy offered by IFFCO Tokio General Insurance Company. With this policy, you can get cashless hospitalization in more than 3000 network hospitals of the company spread across the country. The policy reimburses your expenses incurred in pre-hospitalization and post-hospitalization.
Features & Benefits of IFFCO Tokio Individual Medishield:
|Entry Age||The policy offers coverage for persons between the ages of 3 months to 80 years. Children between the ages of 3 months to 5 years can also be covered under this policy, provided both parents are covered under the same policy.|
|Medical Screening||Medical checkup is not required up to 45 years. Beyond 45 years, pre-acceptance medical tests like Blood Sugar, ECG and Urine needs to be done for fresh and break coverage. For individuals beyond 55 years, additional medical tests are required for fresh and break coverage.|
|Renewability||Renewability is available. You can renew it online as well. However, the policy needs to be renewed within the expiry date or within a grace period of 30 days from the date of expiry.|
|Sum Assured||Total ten sum insured options are available under this policy for your benefit. Sum insured ranges from Rs.50, 000 to Rs.5,00,000.|
|Premium||Premiums vary based on the basic sum insured and age of the insured individual. Premium rates are same at all cities in India, except for Gujarat, where it is different.|
|Bonus||Cumulative bonus of 5% is offered for each claim free year at renewals. It is subject to a maximum 50% of the basic sum insured. In case, a claim is made, the bonus gets reduced by 10% at next renewal.|
|Exclusions||Any pre-existing disease for a period of 3 years is not covered. Cost spent in spectacles, contact lens or other hearing aids, dental treatment expenses, cost of external medical equipment are not covered under this policy.|
Find cashless network hospitals nearby: IFFCO Tokio Cashless Network Hospitals
Also Read: Best Health Insurance Plans of 2017
Also Read: How to File a Claim with IFFCO Tokio?
Other Health Insurance Plans from IFFCO Tokio
- Swasthya Kavach Family Health Insurance
- Critical Illness Insurance
- Family Health Protector
- Health Protector Plus
- Health Protector
- Individual Personal Accident Policy
GST rate of 18% applicable for all financial services effective July 1, 2017.
Disclaimer: Premiums may vary depending upon factors like age, location and prevailing taxes/GST.