Health - Medi Classic
The Medi Classic insurance policy aims to provide reimbursement of hospitalisation expenses incurred as a result of illness/disease/sickness and / or accidental injuries.

Benefits:

  • Hospitalisation Cover - In-patient hospitalisation expenses for a minimum of 24hours. This includes room rent & boarding @ 2% of sum insured subject to a maximum of Rs.4000/- per day.
  • Nursing expenses.
  • Surgeon's fees,Consultant's fees,Anaethetist's fees.
  • Cost of blood,oxygen,diagnostic expenses, cost of pacemakers.
  • Cost of medicines and drugs
  • Emergency ambulance charges for transporting the insured patient to the hospital @ Rs.750/- per hospitalisation and Rs.1500/- per policy period.
  • Pre-hospitalisation medical expenses up to 30 days prior to date of admission into the hospital.
  • A lumpsum calculated at 7% of the hospitalisation expenses payable towards post-hospitalisation,subject to a maximum of Rs.5000/- per occurrence as per the policy.
  • Non-allopathic treatments up to Rs. 25,000/- per occurence, subject to a maximum of 25% of Sum insured per policy period.
  • No claim discount ranging from 5% to 25% for every Claim - free year(except for the Family Package).

Optional benefits on payment of additional premium

  • Hospital Cash- Provides for payment of Rs.500/- for each completed day of hospitalisation. Premium ranging from Rs.200 to Rs. 350 per person, depending upon the age.
  • Patient Care- Available for persons above 65 years. The Policy provides payments for attendants post discharge from the hospital @ Rs.400 per day for 5 days per hospitalization. The applicable premium would be Rs. 300 per person.
  • New Born Baby cover - Available with Family package plan and provides for your New - Born from birth until the end of the policy period. The cover is restricted to 10% of the sum insured of the mother. The applicable premium would be 10% of policy premium.

 

How much to pay (for individuals)

 
Sum
Insured
(in Rs)
5 months - 35 yrs 36 - 45 yrs 46 - 55 yrs 56 - 65 yrs 66 - 70 yrs 71 - 75 yrs 76 - 80 yrs
50000 575 700 1320 NA NA NA NA
100000 1200 1350 2447 3000 4547 4872 6029
150000 1800 2000 3400 4200 6717 7284 9184
200000 2350 2600 4583 5300 8768 9574 12420
250000 2800 3150 5548 7200 10696 11744 15433
300000 3300 3650 6170 8200 12625 13914 18449
350000 3750 4150 7408 10196 14434 15964 21341
400000 4200 4500 8700 11451 16242 18015 24236
500000 4900 5400 10700 13958 19859 22113 30023
Service Tax at 12.36% will be extra
 
Premium for Family Package
(Available for persons below 45yrs. The sum insured is apportioned equally among insured family members)
  Sum Insured Rs.200000 Sum Insured Rs.300000
2Adults 2348 3400
2Adults+1Child 2238 3825
2Adults+2Chlidren 2320 4080
1Adult+1Child 2168 3230
1Adult+2Child 2206 3280
 
For Groups
Group Size % of discount on Premium
(excluding add-on covers & service tax)
Upto 500 persons NIL
501-1000 2.5%
1001-3000 5.0%
3001-7000 7.5%
7001-10000 10.0%
> 10000 12%
 
What Cannot be claimed
  • Expenses incurred for treatment of any illness/disease/condition, which is pre-existing at the time of commencement of insurance.
  • Any expenses incurred for treatment of illness/disease/sickness contracted by the insured person during the first 30 days from the commencement of the policy.
  • First Year Exclusions- Hernia,Piles,Hydrocele,Congenital internal disease/defect,Sinusitis,Gall Stone/Renal Stone removal/treatment,and Benign Prostrate Hypertrophy.
  • Two Years Exclusions - Hysterectomy,Cataract,Joint/Knee replacement surgery (other than caused by an accident). Prolapsed intervertibral Disc.Varicose veins/ulcers.
  • Naturopathy treatment. Expenses, which are purely diagnostic in nature with no positive existence of any disease.
  • Expenses that are mainly cosmetic in nature.

How to buy this insurance?

Back