This Optima Restore Health Plan restores your insurance amount without any charge if customer exhaust it in the middle of the year. In case policyholder do not make any claim in a year, then insurance cover hikes by 50 percent in the first year and it becomes double in the next year, without any additional charges.
Your basic sum insured becomes double if you do not make a claim in the 2nd year. It offers lifelong renewal feature and there is no sub-limits on hospital room rent or co-pay. In case a claim is made, company do not charge loading on renewal premium.
Beneficiaries are eligible to get cashless treatments across 4000 network hospitals in more than 800 cities. You will get a wide coverage for medical treatments against accident & illnesses. Like, all other healthinsurance policies in India, you can get a tax benefits if your health insurance premiums paid up to Rs 15,000 for individuals and Rs 20,000 for senior citizens are allowed as a deduction from the taxable income per year under section 80D of the Income Tax Act.
This plan is available in two types, Family floater & individual. This policy covers in-patient treatments, boarding, nursing & hospital room rent, cost of anesthesia, oxygen, blood & surgical appliances, expenses for treatment of organ donor excluding the cost of organ and medical practitioner’s charges. Cost of medicines, consumables & drugs along with the diagnostic procedure’s expenses are also covered in this insurance.
You no need to worry about the cost of prosthetics and other devices implanted internally while surgery because this health insurance will take care of that. Pre-hospitalization covers medical costs incurred within 60 days before the hospitalization and post-hospitalization covers medical expenses incurred 180 days after the hospitalization. Day care procedures which covered in this plan do not need 24 hour hospitalization and it covers 140 listed treatments. It will pay your emergency ambulance charges up to Rs 2,000 and domiciliary treatment expenses.
Customers will get additional advantages like family discounts or individual discount with this insurance depend on the type of plan. Below is the chart where you will find eligibility & limitations of this health plan.
Coverage Amt (in Rs.) | Policy Term | Entry Age | Renewable till Age (in Yrs) | |
Minimum | 3,00,000 | 1 yrs | 91 days | Lifetime |
Maximum | 15,00,000 | 2 yrs | 65 yrs | Lifetime |
The family floater type of this policy, covers self, spouse or/and an individual, dependent parents and dependent children.
