Star Diabetes Safe Insurance Policy

Diabetes Safe is an insurance policy launched by Star Health & Allied Insurance Co. Limited, which provides financial coverage for individuals suffering from Diabetes (Type I & II), including expenses related to hospitalization, personal accident, and outpatient expenses. The plan is divided into variants- A & B.

Eligibility

**Last Updated on 14-01-2021

Coverage Details

**Last Updated on 14-01-2021

What's The Importance Of Diabetes Safe Policy?

Its importance can be explained with the help of an example. David was a 30-year old healthy working professional in the MNC industry, who had a happy, loving family. However, his sedentary lifestyle was always a cause of concern, and considering that his parents had diabetes, he decided to purchase the Diabetes Safe Policy to keep himself covered in case this disease catches up with him.

He decided to purchase it online, for a sum insured of Rs. 5 Lakhs. Considering his age, the premium for this sum insured would come to Rs. 12,479 (including taxes). He opted for Plan A, which doesn't have any waiting period and would make him eligible for claim as soon as he is diagnosed with Diabetes. He purchased the policy by making the online payment and the cover began the day the policy was issued.

Three months later, David visited his physician for hypoglycemia (low blood sugar), during which he was also diagnosed with Diabetes. Next month, he had to get admitted to the hospital due to a resurgence of hypoglycemia and underlying diabetes. Since he had the policy, all the expenses got covered under the same.

What Are The Features & Benefits Of Diabetes Safe Policy?

The Diabetes Safe policy covers the following:

• Hospitalization expenses due to complications resulting from Diabetes, accidents, and non-diabetes related illnesses (room charges, nursing, boarding, surgeon fees, Anaesthetist, drugs, and medical expenses).
• Outpatient medical expenses (medical consultations, diagnostic tests, and drugs).
• Modern treatments such as Balloon Sinuplasty, Intra Vitreal injections, among others.
• Daycare procedures.
• Personal accident cover for the accidental death of the insured.

The company offers two plans, A and B. While Plan A covers hospitalization expenses related to diabetes without any waiting period, while Plan B has a waiting period of 12 months.

If the insured needs to be transported to the hospital via ambulance, the plan will look after its expenses (up to Rs.2000/policy period).

If the insured requires artificial limbs due to amputation, the plan covers its expenses (up to 10% of SI).

Under both the plans, if the sum insured (for covering expenses due to accident and non-diabetes) is exhausted, then the 100% sum insured is restored.

The insured individual is eligible for a tax rebate on the premiums paid under Section 80D of the Income Tax Act, 1961, for amounts paid other than cash mode.

How Is A Diabetes Safe Policy Better Than Star Health's Comprehensive Health Insurance Policy?

Many people prefer taking comprehensive health insurance. However, for a diabetic person, taking comprehensive health insurance will not help him with his diabetes issue, as Star Comprehensive Insurance doesn't cover Diabetes. Any hospitalization that happens due to Diabetes Mellitus and Insipidus is excluded from the cover. In fact, the expenses related to obesity/weight control complications due to Uncontrolled Type2 Diabetes are also not covered. However, if a person purchases a Diabetes Safe Insurance Policy, he will get all the benefits for his diabetes-related expenses.

How Can I Purchase A Diabetes Safe Insurance Policy?

Star Health has designed a user-friendly website that allows you to purchase an insurance policy without much fuss or hassles. The following steps will help you in navigating the website and purchasing an insurance policy.

• On the web page of Star Health, scroll down to the bottom of the page and select 'Health Insurance' under the 'Insurance' tab.
• On the new page, click on 'Show more products' half-way down the page. Now select 'Diabetes Safe Insurance Policy' from the list of health insurance products.
• You will be asked to fill in your name, mobile number, and email, and then click 'Next'.
• You will be given a choice to select the sum insured, and once you select it, the premium will be generated. Once you have decided the sum insured and the premium, click on 'Buy Now'. On the new page, add the requested personal details, and make the payment using the available payment modes, and the policy will be generated and mailed to you.

You can also buy this plan from PolicyX.com. Call 1800-4200-269 or email at helpdesk[at]policyx[dot]com to get in touch with our experts.

What's The Claim Procedure Of Diabetes Safe Insurance Policy?

If an event occurs that gives rise to a valid claim under the terms of the policy, then the following steps need to be taken:

• Immediately call the 24-hour help-line (1800 425 2255 /1800 102 4477) for assistance. If the hospitalization is planned, the notification should be given 24 hours before hospitalization. If the hospitalization is done in an emergency, then the information should be given within 24 hours of hospitalization.
• If the hospitalization is done in a network hospitalization, then the claim will be settled through the cashless facility.
• If the hospitalization is done in non-network hospitals, then the payment needs to be done up-front, and then the reimbursement will be done after submitting the documents.

Documents Required To File A Claim:

• Copy of Health card.
• Duly filled claim form.
• Pre-admission investigations and Doctor's consultation papers.
• Discharge summary from hospital in Original.
• Investigation reports (e.g. X-ray, scans, blood report, etc.).
• Pharmacy invoices supported by respective prescriptions.
• Case receipts from hospital or chemist.
• In cases of accidents, Medico Legal Certificate (MLC) and/or FIR.
• Copy of the KYC documents.
• NEFT details, Contact number, and E-mail ID.
• Others requested by the company.