Royal Sundaram Smart Cash Health Insurance Plan

Entry Age

1. Minimum entry age: 91 days for an insured person ad 18 years for a proposer.
2. Maximum entry age: 70 years for Gold and Platinum variant. No maximum age is applicable for the Silver variant.

Exit age

Not applicable.

Basis

Individual. It is a daily cash benefit plan.

Renewability

The policy offers lifelong renewability.

Special Features

1. Minimal documentation.
2. Flexible policy tenures such as 1, 2 and 3 years.
3. Instant policy issuance.
4. The plan is accepted worldwide.
5. 24/7 customers service
6. Hassle free claim settlement process.
7. Hospitalization is a must to make claims under this plan.

Medical test

Required provided you are 60 years old or above.

Premium

Silver- Rs. 500 (Minimum) Rs. 3000 (Maximum) Gold - Rs. 3000(Minimum) Rs.5,000 (Maximum) Sliver - Rs.5,000 (Minimum) Rs. 10,000 (Maximum) These rates are subject to change from time to time.

Sum Assured

Rs. 10 lakhs for Smart Cash Sliver. Rs. 15 lakhs for Smart Cash Gold Rs. 25 lakhs for Smart Cash Platinum.

Policy Coverage

1. Hospitalization cost
2. ICU charges
3. Critical illnesses ( 7 critical illnesses)
4. Joint hospitalization.
5. Cost incurred in Childbirth and maternity.
6. Personal accident.
7. Travel expense.
8. Food expense.

Benefits

Smart Cash Benefits

1. Planned or emergency admission into a hospital.
2. Hospitalization exceeding 5 days due to accident.
3. Medical treatments covered under the policy.
4. Joint hospitalization caused due to accident.

Other key benefits:

1. Hospital Cash Benefit: It provides coverage for 180 days, including the treatments taken abroad. This benefit is applicable for all the three variants - Silver, Gold and Platinum.

1. Hospitalization Benefit (Accident): Get double of your daily benefit in case of hospitalization caused due to accident when hospitalized for more than 5 days.

1. Convalescence Benefit: Get paid Rs. 10,000 for being hospitalized for more than 15 days.

1. Joint Hospitalization benefits: It provides double of your daily benefit provided two or more persons issued persons are hospitalized covered under the same plan for a period of 5 days.

1. Child birth benefit: This benefit is not applicable for the Sliver category. A lump sum amount of Rs. 20,000 would be provided to both Gold and Platinum category.

1. Critical Illness benefits: Get cover for 7 critical illness listed under the plan. However the amount of coverage varies among Silver, Gold and Platinum.

1. Pre-existing disease: This is available for Gold and Platinum Smart Cash Plan holders. Not applicable for Silver policyholders.

1. Health checkup reimbursement: You can get your health checkups cost reimbursed, provided you have chosen Gold or Platinum plan.

1. Intensive care benefits: Intensive care benefit is applicable for Platinum plan holders.

1. Tax benefits: Enjoy tax benefits on the premiums paid for your Smart Cash Plan as per section 80D of the Indian Income Tax Act, 1961.

1. The Smart Cash plan also provides cover for parental accommodation benefits based on the plan you choose.

1. You can also get your family's members flight tickets reimbursed when it is an emergency visit. You can claim up to Rs. 1 lakh per person. This facility is applicable for Platinum Smart Cash holder.

1. You can also enjoy personal accident benefit by paying additional benefit. This is an optional benefit offered by the plan.

Free-look period

15 days.

Discount/Bonus

The health insurance policy provides a discount of 10% on your total premium paid, provided you have insured 3 or more family members under the same plan. On purchasing the policy for 2 years you can avail a discount of 10% and 12.5% when you purchase it for 3 years.

Grace Period

30 days.

Exclusions

1. The major exclusions under the plan include - diseases contracted in the first 30 days of the policy.
2. Disease occurring in the first year of the policy which include- Prostatic Hypertrophy, Hysterectomy for Menorrhagia, Congenital Internal Anomaly, Cataract, Hernia, Hydrocele, Fistula in anus, Piles, Sinusitis, Knee or Hip replacement.
3. It also does not include - Convalescence, general debility, general disease, intentional self-injury or attempted suicide.

1. Hospitalization for evaluation and / or diagnostic purposes.

1. Obesity treatment and weight reducing activities.

1. Treatment of psychosomatic and psychiatric disorders, mental illness, insanity etc.