IFFCO Tokio Health Protector Insurance
“Dont forget to protect yourself from unfortunate illnesses”. This policy covers you and your family against expenses of hospitalization, organ transplant, surgical expenses and medical expenses in case of injury or illness. You can cover your whole family under this policy.
Room expenses and ICU expenses are covered according to the city in which you are living
Registration charges, service charges and surcharge are covered up to 0.5% of sum insured.
Terrorism is covered.
It covers the fees of surgeons, physicians and other medical practitioners.
Ambulance charges up to 1% of sum insured or Rs 2500 is covered whichever is less.
Details about Premium
Sum insured can be taken less than or more than 5 lacs. Premium will depend upon number of family members covered and the age of the persons covered under this policy.
Coverage: Self, spouse, mother, father, brother,sister,brother in law, sister in law,nephew, niece and the relatives who are of the same family.
Policy period: Policy is issued for 1 year and this policy requires renewal at the end of policy period for continuous coverage.
Portability: If the insured wants to port his policy from the present insurer to new insurer, it should inform to the insurance company 45 days prior to the date of renewal.
Free look period: After buying the policy if the policy holder is not satisfied with the policy, a free look period of 15 days is given to the policyholder to return the policy.
Refund of premium: In case of fraud or misrepresentation, insurer can cancel the policy .In case insured wants to cancel the policy, he/she is entitled to refund of premium as follows.
*The above rates may change. Please check the policy wordings for more details.
Additional Riders or Features
To cover critical illnesses, an additional premium of 30% of basic premium should be paid .It covers critical illnesses such as:
Bone marrow transplant
Paralysis of limbs
The proposer needs to fill an application/proposal form to buy this policy. Insurer might ask the proposer to submit his past medical history.
The proposer for this policy should be in the age slab of 18 years to 65 years.
Pre-hospitalization charges up to 45 days and post hospitalization charges up to 60 days are covered.
Daily allowance up to 0.20% of sum insured per day is covered in case of hospitalization.
Pre-existing diseases are not covered up to a period of 36 months from the day of commencement of policy.
Co-payment: copayment splits the cost between insurer and insurer. Percentage of copayment is the cost that is incurred by the insured.