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    Arogya Raksha Features

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    kumar_chemical
    The document summarizes the key features of the Arogya Raksha Group Health Insurance Policy offered by Indian Bank in partnership with United India Insurance Co. Ltd. It offers three plan options for account holders and their families with sum assured ranging from Rs. 1 lakh to Rs. 10 lakhs. The policy provides medical insurance as well as personal accident coverage. It has a 30-day waiting period and offers cashless treatment at network hospitals. The policy can be renewed annually and provides tax benefits under section 80D of the Income Tax Act.

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    Arogya Raksha Features

    Uploaded by

    kumar_chemical
    677 views1 page
    The document summarizes the key features of the Arogya Raksha Group Health Insurance Policy offered by Indian Bank in partnership with United India Insurance Co. Ltd. It offers three plan options for account holders and their families with sum assured ranging from Rs. 1 lakh to Rs. 10 lakhs. The policy provides medical insurance as well as personal accident coverage. It has a 30-day waiting period and offers cashless treatment at network hospitals. The policy can be renewed annually and provides tax benefits under section 80D of the Income Tax Act.

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    arogya

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    The document summarizes the key features of the Arogya Raksha Group Health Insurance Policy offered by Indian Bank in partnership with United India Insurance Co. Ltd. It offers three plan options for account holders and their families with sum assured ranging from Rs. 1 lakh to Rs. 10 lakhs. The policy provides medical insurance as well as personal accident coverage. It has a 30-day waiting period and offers cashless treatment at network hospitals. The policy can be renewed annually and provides tax benefits under section 80D of the Income Tax Act.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    677 views1 page

    Arogya Raksha Features

    Uploaded by

    kumar_chemical
    The document summarizes the key features of the Arogya Raksha Group Health Insurance Policy offered by Indian Bank in partnership with United India Insurance Co. Ltd. It offers three plan options for account holders and their families with sum assured ranging from Rs. 1 lakh to Rs. 10 lakhs. The policy provides medical insurance as well as personal accident coverage. It has a 30-day waiting period and offers cashless treatment at network hospitals. The policy can be renewed annually and provides tax benefits under section 80D of the Income Tax Act.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Arogya Raksha

    Group Health Insurance Policy


    (By arrangement with M/s. United India Insurance Co. Ltd)

    Salient Features
    Eligibility

    All A/c holders of Indian Bank

    Age limit- Entry level

    3 months to 65 years and renewal age is unlimited and with no medical check-up

    Plans Offered

    Plan A : A/c holder+Spouse+2 dependent Children (1+3) - Age Group up to 35* years
    Plan B : A/c holder+Spouse+2 dependent Children (1+3) - Age Group > 35* years
    Plan C : A/c holder+Spouse+2 dependent Children + dependent Parents (1+5) - for Age Group >35* years
    * Refers to age of the eldest member covered under the group

    Type of Cover

    Mediclaim cover:
    Floater policy for members of the family covered (i.e. A/c holder, Spouse, 2 *Children & *Parents
    Personal Accident Death Cover:
    A/c holder - 100% of Mediclaim Sum Insured (SI), Spouse - 50% of Mediclaim SI and *Children - 25% each of
    Mediclaim SI subject to the total claim settlement not to exceed eligible/opted sum insured. Parents however
    not covered.
    Nomination facility available

    Sum Assured /
    Enhancement

    Rs.1 lakh to Rs.10 lakhs (subject to maximum of Rs.5 lakhs for Age >65 years).
    Enhancement allowed only at the time of renewal up to the next higher slab only. (i.e.Rs.0.50 lakh per year up
    to Rs.5 lakhs SI and Rs.1 lakh per year from Rs.6 lakhs to Rs.10 lakhs SI respectively)

    Premium Rates

    Please visit our Banks Home Page/Net Banking Arogya Raksha Site or contact nearest Indian Bank branch

    Waiting Period

    30 days in the first year of coverage (except for accident)

    Cashless treatment
    whether available

    Yes, subject to certain conditions and only at the Network Hospitals administered thru TPAs

    Renewal/Portability

    Renewal allowed on Annual basis with 15 days of Grace Period from the date of expiry of policy.
    Portability allowed subject to customer submitting the copy of previous policy and No Claim Certificate from the
    existing TPA so as to avoid any delay in the settlement of claim at a later date.

    Tax Benefit

    U/s 80D of Income Tax Act

    Maternity Expenses

    Available at no additional cost after initial waiting period of 9 months & for first two children only

    Pre-existing Diseases

    All Pre-existing diseases to get coverage after 48 months of continuous coverage of such insured person

    Loyalty Incentive

    Insured shall be entitled for a Free Medical Checkup to be carried out by the companies approved by TPAs after
    THREE claim free completed policy years at a cost not exceeding 1% of average sum insured for the last
    continuous Three Years of Arogya Raksha policy / any health policy issued by United India Ins.Co.Ltd.

    Reimbursement of
    Expenses - Nepal &
    Bhutan in INR

    For treatment while the insured is away at these places either on holiday or business purposes. Cashless facility
    however is not offered under this extension

    For Detailed Terms &


    Conditions

    Please refer to Arogya Raksha Policy Scheme features made available in UIIC Arogya Raksha Portal or can also
    be obtained from any of our branches.

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