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Care Health Insurance
- High Sum Insured options upto Rs. 75 Lacs.*
- Automatic recharge of Sum Insured
- Annual health check-up for all insured members
- Up to 150% increase in Sum Insured with NCB & NCB Super**
- Covers AYUSH Up to specified limits#
- In-built Maternity coverage (available with select Sum Insured options)
- Care Anywhere - covers treatment for specified critical illnesses globally (available with select Sum Insured options)
- 540 + Day Care treatment covered
- No Upper limit cap on entry age
- Tax Benefits under Section 80D of IT Act 1961##
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Minimum entry age is :
- 5 Years in case of Individual Policy
- 91 days in a family floater with one member Age >18 Years.
- No upper age limit for enrollment (maximum entry age for child is 24 years).
- Lifelong Renewability. >
- Customer can choose to purchase a policy with co-Payment or without co-payment if the entry age >=61 Year.
- 30 days waiting period for claim for any illnesses, except injury.
- 24 months waiting period for named ailments
- 48 months waiting period for pre-existing diseases
- Grace period of 30 days to renew your policy.
Non-Exhaustive list of Policy Exclusions (Please refer to Policy T&C for complete list of Policy Exclusions)
- Any item or condition or treatment specified in list of non-medical items
- Expenses related to any admission primarily for diagnostics and evaluation purposes are excluded
- Expenses for cosmetic or plastic surgery or any treatment to change appearance unless for reconstruction following an Accident, Burn(s) or Cancer or as part of medically necessary treatment to remove a direct and immediate health risk to the insured
- Expenses related to any treatment necessitated due to participation as a professional in hazardous or adventure sports, including but not limited to, para-jumping, rock climbing, mountaineering, rafting, motor racing, horse racing or scuba diving, hand gliding, sky diving, deep-sea diving.
- Expenses for treatment directly arising from or consequent upon any insured person committing or attempting to commit a breach of law with criminal intent
- Expenses attributable to self-inflicted injury (resulting from suicide, attempted suicide).
- Treatment for alcoholism, drug or substance abuse or any addictive condition and consequences thereof
- Treatment of any external congenital anomaly, illness or defects or anomalies or treatment relating to external birth defects
- Tests and treatment relating to infertility.
- War, riot, strike, nuclear weapons induced hospitalization.
Foot notes:
- *Other Sum Insured options are also available.** For 5 consecutive claim free years by using No Claims Bonus (NCB) & No Claims Bonus Super (Optional Cover). Incremental increase every year is applicable on base Sum Insured. If a claim is made in any particular year, accrued NCB and NCB-Super will be reduced at the same rate at which it is accrued. ^ Available with Sum Insured options Rs 50, 60, 75 Lakhs. #Coverage for Alternative Treatment is up to a specified limit and varies with the plan chosen. This benefit covers ‘Ayurveda, Sidha, Unani and Homeopathy’ only. ##As per section 80D of Income Tax Act, an Adult (aged between 18 & 60 years) can save tax on a premium paid by him/her up to Rs.25,000 for his & his family’s policy & up to Rs.50,000 for his/her senior citizen parents (aged 60 years & above). Tax Benefits under the policy will be as per the prevailing Income Tax laws and are subject to amendments from time to time. For tax related queries, contact your independent tax advisor.
- For more information Click Here
- High Sum Insured option of Rs. 6cr*
- Wider coverage on pre & post hospitalization
- Unlimited e-consultation with general physician at our network
- No room rent capping (no sub-limit)
- Upto 150% increase in Sum Insured with NCB & NCB Super**
- Automatic recharge of Sum Insured
- Road Ambulance and Organ Donor cover up to Sum Insured
- Tax Benefits under Section 80D of IT Act 1961#
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Minimum Entry age –
- 5 Years in case of Individual Policy
- 91 days in a family floater with one member Age >=18 Years
- Maximum Entry Age: No upper age limit for enrolment (maximum entry age for child is 24 years).
- Lifelong Renewability >
- Co-Payment 20% per claim, where entry age of insured / eldest member is 61 years or above
- Initial waiting period of 30 days for any illness ( except accidental injury)
- 24 months waiting period for named ailment
- 48 months waiting period for pre-existing disease
Non-Exhaustive list of Policy Exclusions (Please refer to Policy T&C for complete list of Policy Exclusions)
- Any item or condition or treatment specified in list of non-medical items
- Expenses related to any admission primarily for diagnostics and evaluation purposes are excluded
- Expenses for cosmetic or plastic surgery or any treatment to change appearance unless for reconstruction following an Accident, Burn(s) or Cancer or as part of medically necessary treatment to remove a direct and immediate health risk to the insured.
- Expenses related to any treatment necessitated due to participation as a professional in hazardous or adventure sports, including but not limited to para-jumping, rock climbing, mountaineering, rafting, motor racing, horse racing or scuba diving, hand gliding, sky diving, deep-sea diving.
- Expenses for treatment directly arising from or consequent upon any Insured Person committing or attempting to commit a breach of law with criminal intent
- Expenses attributable to self-inflicted injury (resulting from suicide, attempted suicide).
- Treatment for alcoholism, drug or substance abuse or any addictive condition and consequences thereof
- Treatment arising from or traceable to pregnancy and childbirth, miscarriage (unless due to an accident), abortion.
- Treatment of any external congenital anomaly, illness or defects or anomalies or treatment relating to external birth defects
- Tests and treatment relating to infertility.
- War, riot, strike, nuclear weapons induced hospitalization
Foot Note:
- *Other SI options are also available. ^ With Protect Plus add-on cover against payment of additional premium. Sum Insured offered under Protect Plus shall be part of Base Policy Sum Insured ** For 5 consecutive claim free years by using No Claims Bonus (NCB) & No Claims Bonus Super (Optional Cover). Incremental increase every year is applicable on base Sum Insured. If a claim is made in any particular year, accrued NCB and NCB-Super will be reduced at the same rate at which it is accrued.
- #As per section 80D of Income Tax Act, an Adult (aged between 18 & 60 years) can save tax on a premium paid by him/her up to Rs.25,000 for his & his family’s policy & up to Rs.50,000 for his/her senior citizen parents (aged 60 years & above). Tax Benefits under the policy will be as per the prevailing Income Tax laws and are subject to amendments from time to time. For tax related queries, contact your independent tax advisor.
- For more information Click Here
- Flexible choice of deductible with wide range of Sum insured options max upto `55 lakhs*
- Annual health check-up for adult insured members – regardless of claim history
- No pre-policy medical check-up for coverage – (Deductible + Sum Insured) less than 40 lacs, till 50 years of age
- Avail select medical treatment anywhere in the world with Enhance Anywhere feature
- Hassle-free cashless treatment at leading hospitals, across the country
- Claim settlement directly by us
Non-Exhaustive list of Policy Exclusions (Please refer to Policy T&C for complete list of Policy Exclusions)
- Any pre-existing ailment/injury that was diagnosed/accquired within 48 months prior to issuance of the first policy.
- Any diseases contracted during first 30 days of the first policy start date except those arising out of accidents.
- Non-allopathic treatment. >
- Expenses attribute to self-destruction or self-inflicted Injury, attempted suicide or suicide while sane or insane.
- Expenses arising out of or attributable to consumption, use, misuse or abuse of tobacco, intoxicating drugs and alcohol or hallucinogens.
- Charges incurred in connection with cost of routine eye and ear examinations, dentures, artificial teeth and all other similar external appliance.
- Medical treatment expenses traceable to childbirth (including complicated deliveries and caesarean sections incurred during hospitalization) except ectopic pregnancy.
- External congenital disease. >
- Tests and treatment relating to sterility and infertility.
Foot Note:
- Above benefits have deductible/ sub-limits/ Max. Benefit limits * Optional cover is available on payment of additional premium.
- For more information Click Here
Key Coverage for Medical needs
- Hospitalisation Cover – In-patient & Out-patient (in case of emergency)
- Pre-Existing Disease Coverage (in case of Life Threatening Conditions)*
- Daily Allowance for In-Patient Hospitalization
- Accidental Death/Permanent Total Disability
key Coverage for Non-medical needs
- Loss of Passport and loss/Delay of Checked-In baggage
- Trip Delay, Cancellation or Interruption
- Up-gradation To Business Class
- Personal Liability >
Non-Exhaustive list of Policy Exclusions (Please refer to Policy T&C for complete list of Policy Exclusions)
- Expenses arising out of or attributable to alcohol or drug use/misuse/abuse
- War and Nuclear perils or consequences thereof
- Any intentional self-injury, suicide or attempted suicide
- Any claim relating to hazardous activities
- The insured being involved in Breach of Law
Foot Note:
- Above benefits have deductible/ sub-limits/ Max. Benefit limits * Optional cover is available on payment of additional premium.
- For more information Click Here
- 4 plans to suit your International student insurance needs
- Comprehensive list of medical, travel & non-medical features
- Advantage of Optional Covers to match your university’s mandatory requirements
- Need based coverage tenure - 1 month to 3 years
- Flexibility to choose your geographical scope of coverage
- Host of new-age features like Loss of Laptop/Tablet, Sponsor Protection, Bail Bond, Accidental Benefits to name a few
- No pre-policy medical check-up
- Extended coverage in country of residence and coverage at home country
Non-Exhaustive list of Policy Exclusions (Please refer to Policy T&C for complete list of Policy Exclusions)
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The Insured Person: >
- traveling against the advice of a Medical Practitioner; or
- receiving, or is supposed to receive, medical treatment; or
- having received terminal prognosis for a medical condition; or
- travelling for the purpose of obtaining medical treatment; or
- taking part or is supposed to participate in a naval, military or air force operation or war like or peace keeping operation.
- An act of self-destruction or self-inflicted Injury, attempted suicide or suicide while sane or insane or Illness.
- Any Illness or Injury directly or indirectly resulting or arising from or occurring during commission of any breach of any law by the Insured Person with any criminal intent.
- Any treatment arising from or traceable to pregnancy (including voluntary termination), miscarriage (unless due to an Accident), childbirth, maternity (including caesarian section), abortion or complications of any of these. This exclusion will not apply to ectopic pregnancy, which is proved by diagnostic means and certification by a gynecologist that it is life threatening.
- Any treatment arising from or traceable to any fertility, infertility, sub fertility or assisted conception procedure or sterilization or procedure, birth control procedures, hormone replacement therapy, contraceptive supplies or services including complications arising due to supplying services or Assisted Reproductive Technology.
- Any dental treatment or surgery unless necessitated due to an Injury.
- For more information Click Here
Manipal Cigna Health insurance Company Ltd
Your health and well-being are invaluable, and at Union Bank of India, we prioritize your holistic care. Introducing ManipalCigna Health Insurance, a comprehensive health insurance plan designed to provide you and your loved ones with the protection and peace of mind you deserve. With ManipalCigna Health Insurance, you can enjoy a wide range of benefits and features that ensure you receive quality healthcare and financial security. Discover the advantages of our health insurance offering below and take a proactive step towards safeguarding your health today.
Learn more about Health Insurance
What is Health Insurance-
In our busy lives, there is always a probability of unexpectedly becoming sick and requiring expensive treatments. There is always a slight chance that someone dear to us might be at the mercy of a chronic condition which requires long-term care. Fortunately, there is health insurance. Health insurance ensures that undergoing long term treatment does not throw a family into dire financial straits. By paying a small amount of premium to the insurer, you can take a cover under a comprehensive health insurance plan. This will shield your savings from sudden shocks of medical treatments. In this way, health insurance acts as a protective cover for both savings and healthcare so that you and your beloved family can continue to enjoy their life.
Need for health insurance
There are 3 key reasons why you need health insurance.
- You don't have enough savings to pay for healthcare -
Getting treated at a top healthcare facility is costly. People find it challenging to manage their finances when a family member gets diagnosed with a dreaded illness. Nearly 44% of India's population is not covered by health insurance`. In such situations, people dip into their savings or take loans or sell assets to fund treatments. However, the smart thing to do, is to take a health insurance plan- this will help you to secure your finances and health at the same time.
- Healthcare costs are rising fast -
The rate at which medical costs are rising makes it necessary to have health insurance. Medical trend rate, i.e. the increase in per-person cost due to medical inflation. In India itself, this rate is expected to rise at double the inflation rate. The forecasted medical trend rate will be 10% in India, while inflation will be at 5%~. Cancer and diseases of the circulatory system remain the top two highest claims reported by most insurers, followed by gastrointestinal diseases and respiratory conditions. With a fixed benefit health insurance cover, you can effectively fight critical illnesses like cancer and conditions related to the heart.
- Hospital costs includes various items -
Treatment at hospital is not merely related to surgery. Medical check-ups, doctor fees, and medicines can account for a higher chunk than the actual hospitalisation expenses. Separately, there are diagnostic tests, post-operative care such as having a medical attendant at home, which also cost a lot. Add up all, to understand why medical treatment seems so expensive. Health insurance plans offer coverage for several types of ailments and surgeries. They also cover other aspects of medical treatment. Fixed benefit health insurance plans give the money without asking for a detailed description of all the aspects of treatment costs. It is paid upfront to the policyholder on the submission of first diagnosis report.
Benefits of health insurance
- Money given upfront without medical bills -
Fixed benefit health insurance plans pay the entire amount on diagnosis of the disease. Yes, there is no need to show actual proof of hospitalisation and treatment, like hospital bills or treatment bills. In this way, such health insurance policies offer full coverage for both, before and after hospitalisation expenses. There are no pre-specified durations/limits. If the policyholder is diagnosed with an ailment that is covered under the policy, the insurer will pay the money to the policyholder without asking any further questions.
- Treatment at a facility of your choice -
With proper health insurance, you can get treated anywhere in India and the world. If you have the right amount of health cover, you do not need to compromise with treatment. In a fixed benefit health insurance plan, you get a lump sum payout upon diagnosis, which removes the hassle of getting admitted to a network hospital for cashless treatment. With the health insurance claim money, you can opt for treatment anywhere in the world as per your own wish and convenience.
- High cover at low cost -
Fixed benefit health insurance plans give high coverage amount for a comparatively lower premium. This saves you money and also allows you to remain worry-free even if diagnosed with a severe ailment.. What's more, in case of minor claim or on the diagnosis of permanent disability due to accident, the premium is waived completely.
- Automatic increase in the sum assured amount -
Health insurance is not just a cost-effective way to manage medical treatment. It also gives you bigger coverage with every year you do not claim. Its provides increase in sum assured if it is a no-claim policy year. This means if there is a year where there is no claim, your premium money is not wasted. The premium paid in a no-claim year gets you wider coverage.
- Fixed premium cost -
Health insurance plans offer fixed benefits at a fixed premium. The premium amount in such special plans remains fixed for the entire duration of the policy. This means that your household budget is not put under any strain due to rising health insurance costs. Some plans even offer a discount on the first-year premium if you and your spouse are covered.
- Tax benefits* -
Fixed benefit health insurance plans offer tax benefits. If you pay the premium, you can avail deduction up to ₹ 25,000 from your taxable income on the health insurance premiums paid. This amount of benefit is available under Section 80D of the Income Tax Act if your age is less than 60 years. If you and your family members are all more than 60 years old, the maximum deduction available is of ₹ 50,000. The same benefit is applicable for premiums that you pay for your parents.