The New India Assurance company always puts great effort to bring the best insurance plans to you and your family. So, it has designed a special plan for parents who only have daughters. The plan is being served in the health insurance market by the name New Asha Kiran Policy. It is a family floater plan and provides comprehensive coverage. It includes hospitalization cover, critical illness care benefits, daycare treatment facilities, accidental cover, permanent & total disability cover, etc. For more details, check out the plan below.
|Adult Entry Age||18 Years||65 Years|
|Daughter's Entry Age||3 Months||25 Years|
|Sum Insured Options||Rs. 1 lakh |
Rs. 2 lakhs
Rs. 3 lakhs
Rs. 5 lakhs
Rs. 8 lakhs
|Number of Adults Covered||Maximum 2 (Proposer & proposer's spouse)|
|Number of Children Covered||Maximum 2 daughters|
In the case of hospitalization, the policyholder has a relief of daily cash under Asha Kiran Policy. 0.1% of the sum insured is provided to the policyholder as the daily cash.
The insured gets cover for 11 critical illnesses under the New India Asha Kiran Plan. The plan provides flat 10% of the sum insured for the critical illness treatment expenses cover.
All the proposers with age 50 years and above are subject to undergo pre-insurance medical screening. The New India Assurance Company reimburses 50% of the medical screening expenses in case of acceptance of the policy.
The insured can get his/her pre-existing diseases (like diabetes, hypertension etc) covered under the plan after completion of the waiting period. The pre-existing disease waiting period is for 4 years.
There is an initial waiting period of 30 days under the plan.
The Asha Kiran Policy can be renewed by paying the renewal premium before the expiry of the policy.
A grace period of 30 days is provided under the plan. The insured can get the policy renewed within the grace period by paying the renewal premium.
A free look period of 15 days is provided under the plan.
Tax benefits are provided to the policyholder under Asha Kiran Policy as per section 80D of the Income Tax Act, 1961. All the premiums paid under the policy are tax exempted.
Congenital diseases treatment expense gets coverage if the insured member has completed a waiting period of two years without any break.
Asha Kiran Plan has been designed to protect the proposer and his/her family against unforeseen hospitalization expenses and accidental expenses. Moreover, here are mentioned the list of coverages provided under the health insurance plan:
Pre & Post-Hospitalization Cover: The plan provides coverage for 30 days and 60 days respectively for pre & post-hospitalization expenses cover.
Organ Donor Cover: The plan provides cover for the donor's treatment and proposer's treatment expenses. The cost of the organ is not included in the cover.
Accidental Death Cover: In the case of accidental death of the proposer, the nominee of the policy gets accidental death cover. The compensation provided is as follows:
Cover For Loss Of An Organ: Here is a table mentioning all the coverage provided in case of loss of limb during an accident:
|Loss of one limb and one eye or loss of both eyes and/ or loss of both the limbs||Proposer or spouse||100% of the sum insured|
|Proposer and spouse||200% of the sum insured|
|Loss of one limb/ sight in one eye||Proposer or spouse||50% of the sum insured|
|Proposer and spouse||100% of the sum insured|
Daycare Procedures: There are 74 daycare procedures available under the plan. A few of the daycare procedures are:
The sub-limits applied under the plan are as follows:
|Ambulance Cover||Up to 1% of the SI|
|AYUSH Cover||Up to 25% of SI|
|Room Rent||Up to 1% of SI|
|ICU Expense Cover||Up to 2% of the SI|
|Cataract Treatment||10% of the SI, or |
Rs. 50,000 (whichever is less for each eye.)
Yes, retinal surgery is covered under daycare procedures as the treatment takes less than 24 hours.
The New India Assurance Asha Kiran Policy comes with a policy term of 1 year.
Yes, this will affect the policy premiums. All that you need to do is contact the New India Assurance Company and inform them about all your medical conditions. Any failure to this can create a problem at the time of claiming for any treatment.
No, there is no age limitation to get the Asha Kiran policy renewed. The policy can be renewed as long as the renewal premiums are paid on time.
No claims can be made within the first 30 days of buying the policy. After 30 days it depends upon the type of illness the insured has, as few of the coverage is provided after completion of the waiting period. You can contact the health insurance company and get proper guidance.
Last updated on 03-06-2020