Diabetes Safe insurance policy - Star Health Insurance Co
The insurance policy offered by Star Health insurance company for diabetics patients fall under individual and floater (self and spouse) coverage type. Under Plan A only, pre-medical screeing required. If the policy is rejected after the screening, 50% of the medical screening will be charged to the policy seeker.
Any person between 18 years and 65 years of age who is already living with Diabetes Mellitus can take this insurance.
Guaranteed Lifetime Renewals: Life-long renewals beyond 65 years are offered under this policy.
Tax Benefits: Amount paid by any mode other than by cash for this insurance is eligible for relief under Section 80D of the Income Tax Act.
Free Look Period: 15 days from the date of receipt of the policy is available for reviewing the policy terms and conditions. In case insured is not satisfied he can seek cancellation of the policy and in such event the Company will allow refund of premium after adjusting the cost of pre- acceptance of medical screening, stamp duty charges and proportionate risk premium for the period concerned provided no claim has been made until such a cancellation. Free look cancellation is not applicable at the time of renewal.