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Overview
Lock in your premium until age 55.
Galaxy Health Insurance Company is a new standalone company in the insurance market. Galaxy Promise is its inaugural product, offering comprehensive coverage and cashless hospitalization for families and individuals. It comes in three variants:
- Galaxy Promise Signature
- Galaxy Promise Elite
- Galaxy Promise Premier
Galaxy Promise offers a lifeline against escalating healthcare costs (10-15% annual increase) by providing financial security and preventive health measures. This plan is designed for the younger generation in India, addressing the gaps and requirements of Gen-Z. While many standard insurance plans have a list of exclusions, Galaxy Promise aims to include benefits such as rehabilitation, pain management, premium promise, and maternity benefits.
Galaxy Promise Health Insurance Benefits
Key benefits of the Galaxy Promise health insurance plan include:
- Guaranteed premium rates until age 55.
- Facility to pay premiums in installments.
- Women-centric coverage, including newborn babies and deliveries.
- "GALA FIT" wellness program encourages a healthy lifestyle.
- Premium waiver for organ donors.
- Cataract coverage up to the sum insured.
- Covers rehabilitation and pain management costs up to the sub-limit or a maximum of 20% of the sum insured, whichever is less.
Inclusions
- 100% Coverage: This plan covers 68 consumables along with admission, record, and insurance processing charges.
- Premium Promise: A key highlight of the plan, your premiums will not increase until you make a claim or turn 55 years old.
- Insta Care Cover: Provides coverage for asthma, high blood pressure, and high cholesterol from the 31st day, addressing common health concerns.
- Unlimited Restoration of Sum Insured: Your sum insured will be reset an unlimited number of times for any illness, disease, or injury.
- Cumulative Bonus: Receive a cumulative bonus of up to 500% if no claim is made in the policy year.
- Delivery Expenses Covered: This plan covers the baby's delivery cost, whether normal or caesarean, a highly beneficial feature for new mothers.
Exclusions
- Pre and post-treatment expenses
- Unproven, experimental, or investigational sub-fertility services
- Reversal of voluntary sterilization
- Subsequent pregnancy treatment
- Diagnostic laparoscopy with ovarian drilling
- Payment for services rendered to a surrogate
- Costs associated with cryopreservation and storage of sperm, eggs, and embryos
- Selective termination of an embryo
- Services done at unrecognized centers
- Procedures that enhance fertility like Tubal Occlusion
- Bariatric Surgery
- Other exclusions as detailed in the policy documents provided by the company
Other Features
The Galaxy Promise plan, a new offering from Galaxy Health Insurance Company Limited, covers a wide range of medical expenses. It is available in three tiers: Signature, Elite, and Premier, each with varying coverage options and deductibles. Key features include coverage for hospitalization expenses, chronic diseases, maternity, wellness programs, and discounts on premiums. You can get a free quote online by entering your details.
