Oriental Individual Mediclaim Health Insurance

This add-on offers personal accident cover to the insured for sum insured options in multiples of Rs. 2 lakh up to Rs. 10 Lakh. People aged more than 18 years can seek cover under his add-on, and people aged less than that can avail of maximum coverage of Rs. 4 Lakh.

Individual Mediclaim Policy is a complete package. The policy provides superior coverage for medical expenses related to hospitalisation as well as domiciliary hospitalisation in case of an accident, illness, or any surgery linked to disease which has occurred during the policy period. When you buy Individual Mediclaim Policy, you gain coverage for room; boarding and nursing expenses; ICU cost; fees of surgeon, anaesthetist, and others as well as cost of anaesthesia, blood, oxygen, etc. Moreover, the inclusions list includes -

• 30 days pre-hospitalisation & 60 days post hospitalisation expenses
• Specified/listed procedures requiring less than 24 hours hospitalisation (daycare)
• No medical examination for persons up to the age of 55 years
• In case of fresh covers, 50% of the pre-insurance medical check-up cost is reimbursed
• Dental treatment arising out of accident
• Emergency ambulance 
• Organ donor expenses
• Ayurvedic, Unani and Homeopathic treatment in govt. hospitals/colleges
• Daily Hospital Cash allowance in case of more than 2 days of continuous hospitalisation
• Add-on of Voluntary Co-payment & Personal Accident Cover

Individual Mediclaim Policy is a great combination of multiple coverage features and benefits. A big helping hand for any individual, the policy doesn’t disappoint you at times of financial security. The prime features other than those related to medical expenses covered under the policy include -

• Guaranteed policy renewal for life
• Free look period - 15 days
• Grace period - 30 days
• Coverage for pre-existing diseases after 4 years of waiting period
• Premium adjustment at renewal, for the period of OMP cover taken from the insurer
• Family discount of 10% (including on PA cover) if more than one person is covered
• 5.5% discount on premium if TPA services not opted for
• Tax benefits under Section 80D of the Income Tax Act

To conclude, Individual Mediclaim Policy is a beneficial policy you can think of buying to secure your health and financial state in the adverse times. The policy would definitely suit the best to your needs.

If interested in opting for Individual Mediclaim Policy, make sure you choose the online mode to buy it as it will help you get the policy issued without any delay. Moreover, to reap benefits such as policy transparency, claim settlement support, policy portability, and others, you can place your trust in InsuranceDekho.

No. The policy does not provide cover for maternity and newborn treatment expenses. 

There is health check-up benefit of up to 0.75% of average SI, subject to maximum Rs. 3000 for every block of three claim-free policy years.

There is a voluntary co-payment option of 10% and 20% with the corresponding discount on the premium of 10% and 20% respectively on SI of Rs. 2 Lakh and above.

The room, boarding and nursing expenses are covered not exceeding 1% of the Sum Insured per day.

The ICU expenses are covered not exceeding 2% of the Sum Insured per day.

If more than one person is covered, then there is a family discount of 10% (including on PA cover).

There is no pre-acceptance medical examination required for persons up to the age of 55 years.

In the case of fresh covers, 50% of the medical checkup cost is borne by the company, subject to acceptance of the proposal.

There is a discount of 5.5% in the premium amount provided if TPA services are not opted for purchase or renewal of the policy.