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	Objective			A health policy which will take care of medical needs of a young couple. It will cover maternity expenses too.
Suited for			This policy is suitable for youngsters.
What does it do?			One can opt for either the 3-lakh or 5-lakh policy. It covers hospitalisation bills, pre and post hospitalisation expenses, maternity expenses and newborn baby. It pays a lump sum amount if the baby is born with Down's syndrome or Cerebral Palsy. It also provides for emergency ambulance and non-allopathic treatment except Naturopathy. The expenses are capped up to stated in the plan.
Pros			Waiting period for maternity cover reduces to two years if one opts for a 4-year policy term. Non-allopathic treatments are covered. Premium paid under this policy qualifies for deduction under section 80D of Income Tax Act.
Cons			Policy offers a maximum cover of Rs 5 lakh, which may not be sufficient for a family of three. This policy cannot be renewed beyond 45 years of age.
Our View			Though it offers decent benefits and features, the policy is little expensive as compared to other products in the market. Cover for non-allopathic treatment may be a cause for higher price. Coverage upto maximum of 45 years of age is another drawback. If you are looking for such a policy, consider substitutes from other insurers that are available at cheaper rates.
Eligibility

Entry Age (years)

Minimum		18; 5 months for children

Maximum		40

Maximum Policy Renewal Age (years)		45

Coverage Type		2 adults/ 2 adults and one child

Policy Term (years)		1 or 2 or 4

Sum Insured (Rs)

Maximum		5 lakh

Minimum		3 lakh

Tax Benefit		Premium paid is eligible for tax benefit under section 80D of the Income Tax Act

Pre Policy Medical Check Up		Not required

Free look Period		15 days; available under 4 year policy only; In case of policy cancellation, premium paid would be refunded after deduction of 5% of premium provided no claim has been made

Grace Period for Policy Renewal		15 days

Customer Service

Address		Star Health and Allied Insurance Company Limited Corporate Office: No.1, New Tank Street, Valluvar Kottam High Road, Nungambakkam, Chennai - 600034.

Mail to		support@starhealth.in

Call to		1800 425 2255/ / 044 2826 3300

SMS		STAR to 56677


	Scope Of Cover

		Option I (Sum insured Rs 3 lakh)	Option II (Sum insured Rs 5 lakh)

Cashless facility		Available at empanelled hospitals in India.

Re-imbursement		Available

In-patient Hospitalisation		Covered

Room rent, boarding and nursing expenses		upto Rs 4000 per day

Surgeon, Anesthetist, Medical practitioner, Consultants, Specialist Fees		Covered

Emergency Ambulance		Upto Rs 1000 per hospitalisation ; maximum Rs 1500 per policy period

Pre Hospitalisation expenses		Medical expenses upto 30 days prior to hospitalisation are covered

Post Hospitalisation expenses		lumpsum payment equal to 7% of hospitalisation expenses(excluding room rent); Maximum Rs 5000

Delivery (normal or caesarean)		Rs 15000 for normal delivery and Rs 20000 for caesarean delivery ;one delivery only	Rs 20000 for normal delivery and Rs 25000 for caesarean delivery ;one delivery only

Pre and post natal expenses (part of delivery expenses)		Pre Natal: Rs 1500; Post Natal: Rs 2000	Pre Natal: Rs 2000; Post Natal: Rs 4000

Post delivery complications for mother		Covered	Covered

Test for detecting any foetus disorders		Covered upto Rs 1000 after waiting period of 27 months or 15 months in case of 4 year policy term	Covered upto Rs 1000 after waiting period of 27 months or 15 months in case of 4 year policy term

New born baby (including congenital disorders)		Covered ; Rs 30000	Covered ; Rs 50000

New born baby with Down's Syndrome and Cerebral Palsy		Lumpsum payment of Rs 60000	Lumpsum payment of Rs 1 lakh

Non allopathic treatments		25% of sum insured per occurrence; maximum Rs 25000 per policy period


	Exclusions and Waiting Period

Pre-existing disease		covered after a waitng period of 4 years

No claim period		Any disease contracted during the first 30 days of commencement of the policy

Waiting Period		test for detecting any disorders in foetus will be covered after 27 months (14 months in case of a 4 year policy term).Delivery expenses would be covered after 36 months period or 24 months in case of a four year policy.certain diseases such as cataract, varicose veins etc. will be covered after 2 years.Certain diseases such as hernia, sinusitis etc. will be covered after 1 year.

Pre & Post hospitalisation expenses		Not available for child delivery claims

General Exclusions		Naturopathy treatmentCosmetic, slimming and any beauty treatmentUse of alcohol etc.Involvement in any criminal or unlawful acts

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

You can write back to us at PrajnaCapital [at] Gmail [dot] Com

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