National Insurance-Star National Swasthya Bima Policy

Star National Swasthya Bima Policy is one particular of health insurance from National Insurance coverage. It is a specially created for the account holders of Bank of India. This policy covers the medical expenditures of the insured person for a lot more than 24 hours of hospitalization. It includes space rent, boarding costs, nursing expenditures, surgeon fees, consultant fees, specialist fees, anesthetist, medical practitioner, anesthesia, operation theatre charges, cost of medicines and drugs, blood, oxygen, surgical appliances, diagnostic materials, x-ray, dialysis, chemotherapy, radiotherapy, pacemaker, artificial limbs, cost of organs and other related expenditures.

The following further benefits are accessible underneath this policy by paying additional premium.
-Pre and post hospitalization expenditures are covered up to 30 days prior and 60 days right after hospitalization.
-Pre-existing illnesses can be covered soon after 3 continuous claim free policy years.
-In situation, the hospitalization of young children below 12 years, a lump sum quantity of Rs.1000/- is payable towards the out-pocket expenses.
-Price of wellness-examine-ups are covered right after 3 continuous claim no cost policy years. It is up to 1% of the sum insured.
-Maternity benefit and baby automobile expenses are reimbursed up to 5% of the sum insured.
-Ambulance charges can be reimbursed up to Rs.1000/- per policy period.
-In situation death in hospital, the funeral expenses are reimbursed up to five% of the sum insured.

Cashless hospitalization facility is supplied to the insured and family members by way of Third Celebration Administrators (TPA). Premium paid is eligible for tax benefit below section 80D of the Revenue tax Act,1961.

The whole family consisting of the account holder, spouse and two dependent children up to the age of 21 years can be covered. The age group is three months to 65 years. The policy can be renewed up to the age of 80 years. The policy delivers diverse sum insured choices to pick from- Rs.50,000/-, Rs.1Lakh, Rs.1.5Lakh, Rs.2Lakh, Rs.2.5Lakh, Rs.3Lakh, Rs.4Lakh and Rs.5Lakh.

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