Oriental Individual Mediclaim Insurance Overview
Mediclaim Insurance takes care of medical expenses following Hospitalisation/Domiciliary Hospitalisation of the Insured in case of in case of a sudden illness/accident or any surgery.
Eligibility Criteria For Oriental Mediclaim Insurance
Minimum age- 18, maximum- 80 years for treatment taken in India.
Oriental Mediclaim Insurance Policy at a glance
The sum insured available ranges from Rs.50000/- to Rs.500000/-
Policy can be for individual or family members (discount of 10% in premium).
Early entry Discount: If a person takes the Policy before reaching the age of 45 years and has renewed itcontinuously then for each renewal 5% discount up to a maximum of 25% will be given till 55 years of age.
Free look period: 15 days is allowed for reviewing the policy from the date of receipt.
The premium under the policy is eligible for Income Tax benefit under section 80D.
Documents required for Oriental Mediclaim Insurance Policy
Complete Proposal form and enrolment form in duplicate.
Coloured stamp size photograph.
Premium Details of Oriental Mediclaim Insurance Policy
How to cancel Oriental Mediclaim Insurance Policy
Misrepresentation, fraud, moral hazard or non-cooperation on behalf of the insured might lead to cancellation of policy making way for appropriate refund.
In such cases a notice period of 30 days is provided.
*The above rates may vary. Please check the policy wordings for more details.
Exclusions in Oriental Mediclaim Insurance Policy
All treatments within the first 30 days of cover excluding accidental injury.
Pre-existing condition is covered after a waiting period of a maximum of 4 years.
Expenses arising from HIV or AIDS and related diseases/Congenital diseases/Genetic disorders, mental disorder or insanity, cosmetic surgery and weight control treatments.
Hospitalization due to war/related situations.
Pregnancy, dental treatment, external aids and appliances.
Experimental, investigative and unproven treatment devices and pharmacological regimens.