AEGON Religare Life Insurance’s Health Plan

Everyone wants to be healthy and this is why we say health is the greatest wealth in the world. Apart from a balanced meal, exercise, and so on, we also need to have a health insurance.

To get a better medical care, it is very important to have a good health insurance plan. For this purpose, AEGON Religare has introduced a Health Plan. The plan is simple and cost effective and includes minimum paperwork.

Main benefits

• AEGON Religare Health Plan provides comprehensive coverage guaranteed; covering all kinds of surgeries including 240 day care treatments and 10 critical illnesses.

• You get a guaranteed fixed amount of money, irrespective of the actual hospital bill.

• You get a guaranteed amount in addition to the payment you would have received from other medical plans.

• You are guaranteed a health cover up to 85 years of age, one of the highest in the country.

• You can avail of the Cashless facility (no need to pay any money for the treatment) in more than 3,000 key hospitals across the country.

• You benefit from a guaranteed fixed premium rate for 3 years. This means even if you have a claim in year 1 or 2, the premium will not increase.

• Your benefit amount increases by 10% for every no claim year (the maximum increase will be capped at 50%).

• You can upgrade to higher level of coverage and include additional family members (wife & children) at any point of time during the policy duration.

• 24 hours hospitalization is not required for most of the surgeries.

• If you are under the age of 50 and in good health, no medicals are required for sum assured upto Rs.3,00,000.

The major cost components during an admission to a hospital are the cost of the room, medicines and nursing and the cost of the surgery. AEGON Religare Health Plan ensures you get a fixed amount to cover each of the above expenses irrespective of the actual hospital bill.

Eligibility

Parameter: Eligibility Criteria

Entry Age: Min. Max.

Primary & Secondary Life Insured: 18 years 70 years

Child: 90 days 17 years

Critical illness: 18 years 65 years

Maximum age at maturity: 85 years, Critical illness: 75 years

Premium Payment Frequency Single, Yearly & Half Yearly*

Sum Assured Rs.2,00,000; Rs.3,00,000;
Rs.4,00,000; Rs.5,00,000

Policy Term Regular Premium: 15 years

Single Premium: 3 years

* Modal factor for Semi annual mode will be Annual Premium * 0.512

Benefit Structure:

The plan is split into four benefit structures: Silver, Gold, Diamond and Platinum. Each designed to suit your various needs. Here’s how you benefit:

Daily Hospitalisation Cash Benefit (DHCB)

- You will get a fixed amount of money for each day spent in the hospital

Intensive Care Unit Benefit (ICUB)

-In case you are admitted to the ICU for more than 8 hours and that day is eligible for DHCB, you will get a fixed amount over and above the Daily Hospitalisation Cash Benefit

Surgical Cash Benefit (SCB)

- ARLI covers all kinds of surgeries. These surgeries have been classified under 6 categories, depending on the type and severity
-A guaranteed amount is paid for each type of surgery

Critical Illness Benefit:
 The plan covers 10 critical illnesses. These are as below:
Alzheimer’s Disease, Blindness, Muscular Dystrophy, Cardiomypathy, Cancer, Stroke, Paralysis, Coma, Aplastic Anaemia, Kidney Failure

In event of diagnosis of any of critical illness a one time fixed amount will be paid and the benefit will cease to continue for lifetime
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