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The Company offers a whole host of health insurance options. Some of these are as follows:True Value
Its benefits include:
- Hospitalisation Cover: This would cover the insured person for in-patient hospitalisation expenses provided the insured person is hospitalized for a minimum of 24 hours. These expenses include room rent and boarding expenses up to a maximum of 2% of the sum insured per day
- Nursing expenses
- Surgeon's fees, Consultant's fees, Anesthetist fees.
- Cost of blood, oxygen, operation theatre charges, diagnostic expenses, cost of pace makers.
- Cost of medicines and drugs.
- However, for Cataract surgery the cover is limited to Rs.20,000/-
- Hospitalization Cover: In-patient hospitalisation expenses for a minimum of 24 hours.Includes room rent and boarding @2% of sum insured,subject to a maximum of Rs.4,000/- per day.
- Nursing expenses
- Surgeon's fees,Consultant's fees,Anaesthetist's and Specialist's fees.
- Cost of medicines and drugs
- Emergency ambulance charges for transporting the insured patient to the hospital up to a sum of Rs 750/- per hospitalisation and overall limit of Rs 1,500/- per policy period.
This policy has two sections. While Section I offers protection against unexpected health care requirements, the second section ensures a lump sum payment of 50% of the sum insured when certain health disorders are diagnosed.
Section I:
- Hospitalization cover – in-patient hospitalisation expenses are covered which includes room rent at 2% of sum insured, subject to a maximum of Rs.4,000/-
- Boarding and nursing expenses
- Surgeon’s fees, Consultant’s fees, Anesthetist’s fees.
- Cost of blood, oxygen, diagnostic expenses, cost of pace-makers, artificial limbs, etc.
- Cost of medicines and drugs
- Emergency ambulance charges for transporting the insured patient at Rs.750/- per hospitalisation and Rs.1,500/-per policy period.
- Pre-hospitalisation expenses up to 30 days prior to the date of admission into the hospital.
- A lump sum calculated at 7% of the specified hospitalization expenses payable towards post-hospitalisation, subject to a maximum of Rs.5,000/-
- 50% lump-sum compensation of the sum assured is provided under Section II in addition to payment of hospitalization under Section I.
- Such hospitalization expenses would be paid only till the date of diagnosis of the major illness.
- On entitlement for payment of lump-sum under this section, all further benefits under the policy of insurance shall cease and the policy automatically terminates.
- Only one lump sum payment will be made during the insured person’s lifetime regardless of the number of the major illness incapacities or treatments suffered by the insured person.
- Survival Period - To become eligible for a lump-sum compensation, the diagnosis should be 90 days from the commencement date of the policy. In case of detection of major illness, the insured person must survive beyond 30 successive days from such date of detection to be eligible for a claim under this policy.
