Oriental Insurance Jan Arogya Bima Plan

Tax benefits are available under Section 80D of the Income Tax Act, 1961.

Eligibility

1. Applicants should be above 5 years and less than 70 years old when applying for the policy.
2. Children between 3 months and 5 years can also be covered subject to one or both parents being covered concurrently.
3. Applicant should be a resident Indian citizen.

Exclusions

1. Pre-existing diseases.
2. Diseases incurred during first 30 days of policy tenure, unless hospitalized due to accident.
3. Pregnancy and childbirth related expenses.
4. Treatments including cataracts, hysterectomy, hernia, prostatic hypertrophy, piles, fitula of anus, bronchitis, asthma, fibromyoma or menorrhagia etc.
5. Psychosomatic or psychiatric disorders.

Renewal

Renewal of policy is allowed at the discretion of the insurance provider. Renewal can be done at the end of policy tenure.

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