Incepted in the year 2006, the Star Health and Allied Insurance Company have an umbrella incorporating the Overseas Mediclaim Policy, Personal Accident and Health Insurance. The focused line of approach enables the company to have a better vision of the tasks and targeted customers who are aimed to be treated with best of the insurance aids.
Without expanding too much of the product range category the company aims to put quality to the existing products only. Star Health and Allied Insurance Company is based out of India and is functioning towards offering better products at a much affordable price.
Situated in Chennai, the nerve centre of the Company oversees the functionality of the entire network. The company has a total working capital of Rs. 985 crores. The company boasts of being the first and the only health insurance company in India that offers services pertaining to personal accidents, medi-claim, and overseas travel insurance.
The many policies of Star Health Care Company offer the best cover to the individual as well as the family members. The terms of policies are moulded as per the requirements. With a commitment of never compromising on your healthcare need the company presents a host of policies to choose from.
The Mediclassic Insurance plan provided by the Star Health Insurance Company is different from other insurance plans as it provides coverage for non- allopathic treatments as well up to certain limits. Apart from this it provides coverage for pre-existing diseases, and much more. It is available in family package as well. The sum insured under this plan is disbursed equally among the family members covered. This plan covers a child from an age group of 5 months to an adult of 65 years. The person who buys this plan will get add on covers as well as an automatic restoration service. A free look period is provided to the customer for checking the plan’s terms & conditions. If the customer is not satisfied, then he/she can cancel the plan and the company will refund the amount after deducting the pre-acceptance fees of medical screening.
Are covered after 48 months of continuous Insurance without break with any Indian Insurance Company.
Add-on covers (subject to payment of additional premium):
Patient Care:Available for persons above 60 years. Pays for attendant charges after discharge from hospital for maximum 5 days per hospitalisation and 14 days per policy period.
Hospital Cash: Hospital cash benefit for each completed day of hospitalization.
Family Package: Available for persons from 5 months to 45 years. The sum insured is apportioned equally among insured family members. Health Checkup benefit will be calculated on the policy sum insured and equally divided among all the insured persons.
Health Check-up benefits: Cost of Health Check-up once after a block of every four claim-free years.This benefit is available for sum insured of Rs.2,00,000/- and above only.
Automatic Restoration of Sum Insured (not appilcable for Family Package): In the event of a claim, during the currency of the policy, if the entire sum insured is exhausted and the policy has not yet expired then the automatic restoration of Sum Insured will operate and the sum insured will be restored to the original amount i.e. 200% only once. This restored sum insured can be utilized, during the remaining policy period, for any other illness / diseases unrelated to the ones for which claim/s has /have been made.
HIV Persons Coverage: This policy can be taken by HIV positive persons provided the CD 4 count at the time of entry is above 350 (proof to be produced). However, hospitalization for any opportunistic infections is not covered.
Bonus: Bonus calculated at 5% of the basic sum insured for every claim-free year subject to a maximum of 25% is allowable.In the event of the claim the bonus will reduced by 5%.
Planned: When the concerned persons are aware of the hospitalization.