Religare Assure health insurance is a critical insurance plan for individuals that provides a lumpsum benefit against diagnosis of any of the 20 critical illnesses covered along with accidental death benefits.
Features & Benefits of Religare Assure
|Entry Age||18 years to 65 years|
|Basis||Individual / Family floater|
|Policy Period||One/ Two or Three Years|
|Sum Assured||Starting from Rs. 3 lakh to Rs. 1.20 crore|
|Premium||Starting from Rs. 1,522 for 5 lakh sum assured for 18-25 year old male|
|Discount||10%discount on 3 year policy term and 7.5% Discount on 2 year policy terms.|
|Co-Payments||No co-payment since lump sum benefit is paid on diagnosis|
|Coverage||Critical illness cover is a benefit plan where you get a lump sum amount when diagnosed or operated for any of the below specified critical illness: Cancer, Heart Valve Replacement, Coronary Artery Bypass Graft, Bacterial Meningitis, Aplastic Anemia, End Stage Renal Failure, Multiple Sclerosis, Benign Brain Tumor, Major Organ Transplant Stroke, Paralysis, Myocardial Infarction, Major Burns, Coma, Blindness, Parkinson’s Disease before the age of 50 years, Motor Neuron Disorder, End Stage Lung Disease, Alzheimer’s Disease before the age of 50 years, End Stage Liver Disease.|
Accidental death cover
Zero day survival period
|Benefits||A lump sum 10% of Benefit 1 or Benefit 2 Sum Insured towards the education of your child (of age 24 years or less) if you suffer from any Claim is payable under Benefit 1 or Benefit 2|
Benefit 1: Payout of sum assured in case of diagnosis of any of 20 critical illnesses anytime during policy term
Benefit 2: Death or permanent disability benefit if within 12 months of injury
No TPA; direct claim settlement
Second doctor opinion of an expert/doctor can be availed at no extra cost.
Tax exemption under laws of the Income Tax Act, 1961 (u/s 80D).
|Exclusions||Any pre-existing illness.|
Any diagnosis of undergoing of surgery / diseases / occurrence of event, whose signs or symptoms first occur within 90 days of Policy Period Start date.
Self-inflicted injury (resulting from suicide, attempted suicide)
Cosmetic & aesthetic and obesity related treatment
Tests and treatment relating to infertility and in vitro fertilization.
Expenses arising out of or attributable to alcohol or drug use/misuse/abuse
Treatment of HIV/AIDS
Miscarriage, Abortion, Pregnancy and childbirth and its consequences
War, riot, strike, nuclear weapons induced hospitalization.
Also Read: How to File a Claim with Religare Health?