Star Health offers a number of insurance policies with various unique benefits and features. The Accident Care Individual Insurance Policy by Star Health provides numerous unique benefits and features. These include cover for Temporary Disablement, Accidental death and Permanent Disability. The compensation offered for complete permanent disablement will be 150 percent of the insured sum. For dependent children, an educational grant is also provided. This plan also provides coverage for winter sports and extension for payment of medical expenses.
Features & Benefits of Star Health Accident Care Insurance Plan:
Based on the policy benefits, sum insured and Group chosen, premium may vary. The below table illustrates the premium for a sum insured of Rs. 5,00,000. This premium will not include service tax.
All insured are classified into three groups for rating purposes. These are -
Group I - Individuals who work in administration related functions.
Group II - Individuals who are engaged in manual labour other than what is specified for Group III.
Group III - Individuals engaged in explosives industry, magazine or mine workers, electric supply, jockeys, athletes or other hazardous occupations.
|Coverage||Coverage is divided as follows -
Table A - This aspect of the policy covers accidental death.
Table B - This aspect of the policy covers permanent disablement in addition to accidental death.
Table C - This aspect of the policy offers coverage for permanent disablement, accidental death and temporary complete disablement (compensation every week)
|Policy Tenure||One year/Two years/Three years|
|Renewability||Under mutual consent, customers can renew their insurance. In case a claim for permanent total disability is admissible or admitted, the policy cannot be renewed for that policyholder.|
|Insured Sum||Based on income per month from gainful employment as determined by the company.|
|Benefits||The policy comes with a number of benefits and unique features such as -