Given below are the advantages of buying health insurance Policies from HDFC ERGO Health : *All savings are provided by the insurer as per the IRDAI approved insurance plan. If your policy expiry date is missed, then also you can make the payment, as many insurance companies provide a grace period of up to 7 days, whereas some companies show some leniency by providing a grace period of up to 15 days. Choice of treatment at any of the network hospitals across the country under cashless facility, Expenses incurred before and after medication covered for 60 and 90 days, respectively, Daycare procedures are covered that do not require 24 hours hospitalization, Domiciliary treatment is covered where the treatment is undertaken at home, Emergency ambulance charges up to Rs. 7,404 for the said coverage. 131 ● Corporate Identity Number - U66030MH2006PLC331263. For instance, if your policy renewal date was April 15, 2020, and you renew your policy during the grace period i.e. Besides Axis Bank, HDFC ERGO Health Insurance has similar collaboration with Citi, Indian Overseas Bank, and Canara Bank as well to market its health insurance products to an increasingly large number of customers. HDFC ERGO General Insurance Company offers 30 days grace period to renew your policy. Grace Period of 30 days for renewal. Renewal Loyalty Discount of 5% on the renewal premium of the Insure Health Policy can be availed when it is Section 2 a) Benefits renewed, as a cross selling credit to buy any other Apollo Munich Health Insurance Policy within 365 days from the renewal date. This plan also offers coverage to an individual already insured under a group medical plan, which is further convertible into a normal health policy upon retirement. 7,03,00,00,000. Health insurance: In case the customer does not wish to continue the policy, then he has the option to terminate the policy by giving a written notice at any of the apollo munich health insurance branch or call on the Toll free number - 1800 102 0333. All Rights Reserved.. Best health plan for you and your family. Do’s & Don’ts Of Buying Health Insurance Policy In India, 10 Things To Consider Before Buying Health Insurance, Major Healthcare Challenges India Is Facing Right Now. Apollo Munich Health Insurance, founded on 8th August 2007 as a joint venture between Apollo Hospitals Group and Munich Health, has become HDFC ERGO Health Insurance. The cost of such treatments along with the travel expenses become a big concern for us. The company endeavors to make high-quality healthcare services easily accessible to every member and customer. Coverage is provided from the age of 5 to 65 years. After this unification, HDFC Ergo has become the second largest private insurance providers in the health and accident insurance sector with expansion of its product range to more than 50 in this segment. on May 15, 2020, then the new policy renewal date will be May 15, 2021. Insurance is the subject matter of solicitation.Visitors are hereby informed that their information submitted on the website may be shared with insurers. Munich Re, a German reinsurance company is buying further 23.27% shares in HDFC ERGO Health Insurance from Apollo group of Hospitals which is its partner in the joint venture. However, the transaction is projected to close by the end of the second quarter of 2016 as regulatory approvals are yet pending on the deal. This campaign is conceptualized by Cheil and it will be aired across traditional mediums such as television, radio, and outdoor, as well as, the new media instruments such as Youtube, Twitter, Facebook, etc. The Critical Advantage Rider has two variants – $2.5 lakh (nearly Rs 1.5 crore) and $5 lakh (about Rs 3 crore). The existing lifestyle of an individual makes them more prone to diseases and illnesses, which further results in growing chances of one’s sickness. The plan covers maternity expenses, recovery benefits & free health checkup benefits on every fourth year of renewal. Apollo Munich Easy Health Insurance plan is a basic health insurance plan which can be taken as an Individual or as a Family floater ie., for the entire family. B wants to buy a plan for himself and his newly married wife. You may lose all the advantages, which accrued during the preceding policy. Insurance coverage to children is offered right from the fourth month if any of the parents is already covered, This HDFC ERGO Health Insurance health Insurance plan has coverage of up to for the self, spouse, dependent children and dependent parents or parents-in-law, Sum insured option provided up to Rs. **Discount is offered by the Insurance company as approved by IRDAI for the product under File & Use guidelines #On the basis of your profile, CIN: U74999HR2014PTC053454 Policybazaar Insurance Brokers Private Limited (formerly known as Policybazaar Insurance Web Aggregator Private Limited) Policybazaar is currently registered as a Web aggregator by IRDAI. ... Apollo Munich Health Insurance Company Limited Corporate Office: 10th floor, Tower B, Building No. First 30 Days from Policy Inception Only accidental hospitalisations shall be admissible in … However, the policy requires timely renewal. This is on the condition that the insured person had enrolled under the policy before the age of 50 years and has renewed the plan continuously without a break, This plan has coverage of up to for the self, spouse, and two dependent children, Pre and post hospitalization expenses are covered. Approval for registration as an Insurance Broker is pending with the IRDAI. 3000 on a daily basis, In case of hospitalization for more than 24 hours, Coverage for expenses incurred before 15 days of hospitalization, Coverage for expenses incurred after 15 days of hospitalization. To avail the seamless service of the phone calls, electricity, gas, water, Wi-Fi; you need to recharge or pay the bills on or before the due date. The increasing cost of medical treatment at the hospital has led to the increasing demand for health insurance plans. Apollo Munich gives you the facility to renew your plan at anytime and anywhere. Under the platinum plan, a female who is insured will receive twice the daily sickness cash amount for maternity. Blog post currently doesn't have any comments. HDFC ERGO Health Insurance Company’s CEO, Antony Jacob, said "While people have this fear of how to choose the best healthcare facility, they also wonder how to fund their travel cost.". Coverage is provided from the age of 5 to 65 year. 10, 00,000. HDFC ERGO is a 51:49 joint venture between HDFC Ltd and ERGO, which is the primary insurance entity of the Munich Re Group of Germany. After the successful completion of the deal, Munich Re will hold a stake of 48.75% in the joint venture, while Apollo Hospitals will be left with 51.1% and the remaining 0.15% with the employees. What should diabetes patients do to manage their blood sugar? The product information for comparison displayed on this website is of the insurers with whom our company has an agreement. Illnesses covered by the rider include neurosurgery, coronary artery bypass surgery, cancer, heart valve replacement and repair, pulmonary artery graft surgery, live donor organ transplant, bone marrow transplant and aorta graft surgery. The sum assured for the critical illness ranges between 50 % and 100% of sum assured, which is subject to minimum 100,000 and a maximum of Rs. Health Insurance Plans at a glance: 1) Easy Health Individual Plan: Pre: up to 30 days; Post: up to 60 days (can be increased to 60 and 90 days respectively, HDFC ERGO Health Optima Super - Aggregate Top-up plan, 5 years (newborn: 91 days subject to a parent getting insured, HDFC ERGO Health Optima Vital - The critical illness plan, Rs. Renewal Conditions ... for renewal and the renewal premium in full has been received by the due dates and realisation of premium. There is an option of taking additional cover for critical illness. The new renewal date will be one year from the date you have renewed your policy. What is Waiting Period in Apollo Munich Health Wallet Health Insurance Plan? Initially it would look like “6000013840” and a number is added to it every year at the time of renewal, ... HDFC ERGO Health Insurance Ltd., IRDA Registration No. Following is the list of HDFC ERGO Health Insurance Plans with features and benefits. The option is available at the renewal between 58-60 years provided the insured had enrolled before the age of 50 years and has been renewing the policy without a break. A policy holder gets a 45 days prior reminder from … 50 Lakh with Reserve Benefits, Adults- 18 years and 65 yearsChildren- 3 months and 25 year, All the members are covered under single premium, Children- 3 months to 25 yearsAdults- up to 65 years, Additional 7.5% discount for 2 Years Premium, Discount of 7.5% is given whenever you go for a 2 year policy, 15% for twin sharing room.30% for single occupancy.30% for specified Illness or surgeries 15% for day care procedures, Rs. The entity that has merged is HDFC ERGO General Insurance Company. If the customer has a second, subsequent no-claim year then their basic sum insured is raised by 100%. He approaches HDFC ERGO Health (formally known as Apollo Munich) willing to cover himself and spouse for a total of Rs. Written By: PolicyBazaar - Updated: 22 December 2020, Follow, like, tweet or post. The policyholder will enjoy a Restore Benefit if the customer or his family member exhausts the sum insured during the year. Waiting periods as mentioned in the policy wording gets reduced by 1 year if there is a continuous renewal of the Maxima Insurance policy. If any second opinion is required, the rider covers that too. • Grace period of 30 days for renewing the policy is provided. *All savings provided by insurers as per IRDAI approved insurance plan. If your Health Insurance policy renewal date is missed and you failed to pay the premium on time, then don’t worry. What are the services that you keep recharging regularly for immediate benefits? Health Insurance coverage is provided from the age of 5 to 65 years. Any unused balance is carried forward to the upcoming year with a bonus of 6 percent under this benefit. It is always recommended that one must be prepared at the earliest with all the safety measures before getting attacked. 50 Lakhs, This HDFC ERGO Health Insurance Plan has coverage of up to for the self, spouse, dependent children and dependent parents, Network Hospitals expenses are covered where the hospitalisation is for more than 24 hours. Coverage to children is offered right from the fourth month if any of the parents is already covered, This plan has coverage of up to for the self, spouse, dependent children and dependent parents or parents-in-law, Lump sum payment for 37 critical illnesses, Sum insured amount ranges from Rs. On renewal, the policy holder can shift from other company’s health insurance to Apollo Munich. Address: Apollo Munich Health Insurance Company Limited Corporate Office: 10th floor, Tower B, Building No. Apollo Munich Health Insurance Company Ltd. has been named among leading insurance companies when it comes to Global Health Insurance Market growth.According to a research report released by HTF Market Intelligence, many leading insurance companies, including Apollo Munich, are playing a pivotal role in the growth of global health insurance market. Outpatient consultations by a general medical practitioner for the treatment of dengue will be covered, Diagnostic tests taken for the detection of dengue will be covered, Medicines that are prescribed for the treatment of dengue will be covered, If necessary medical treatment is undertaken at home by the empanelled medical practitioner, those medical expenses will be covered. Q4: How do I claim or indemnify the medical benefits under HDFC ERGO Health Insurance ? The plan pays for the expenses that the policyholder has to pay for treatment on being diagnosed with a critical illness including the surgical procedures. HDFC ERGO Health Insurance has bagged a couple of awards in the past years. This plan covers maternity expenses for before and after childbirth procedures, There is an option to cover the newborn baby from day one to 90 days, If an insured child is hospitalized then a lump sum amount is paid if an adult accompanies the child during the hospitalization, A Recovery Benefit of Rs. The plan also pays for expenses incurred on day care procedures, parent's hospitalization, convalescence benefit, etc. Individuals willing to availing a health insurance plan can directly call the company’s sales helpline at 1800 103 0555 and speak to the customer service representative. Years onwards discount of 5 to 65 years Insurance ) 1st Floor, SCF-19,,. 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