Skip to main content

Disability Insurance

 
 

Insurance for Disabled Patients in India

Disabled person has to face many problems such as dependency on others, lesser or no income source etc. Moreover treatment cost and insurance for disability is very high because of which seeking medical care is unaffordable for poor people. Considering this situation, Nirmaya – health insurance scheme was launched by Government of India who also funds this scheme. Here are the details for this scheme:

Coverage

Rs.100,000 (1 Lac) for each disabled person

Premium

There is fixed premium of Rs. 250 irrespective of age and income group. Normally in case of other insurance policies, premium increases with age.

Benefits

Few of the most important benefits are:

  • Pre and post hospitalization expenses are covered however there it carries a cap
  • Pre existing diseases are not excluded
  • People can enter anytime in this scheme
  • No pre-medical test required
  • Cashless claims in all the network hospitals
  • If hospital is not in the network list then payment should be made manually and then application for reimbursement is to be done.
  • Regular medical check-up, therapy, corrective surgery, transportation is also provided
 
NIRAMAYA – BENEFIT CHART (ON REIMBURSEMENT BASIS)
DetailLimit (in Rs.)
Hospitalization Limit1 Lac
Hospitalization1 Lac
Corrective SurgeriesFifty Thousand
Non-SurgicalFifteen Thousand
Preventive SurgeryFifteen Thousand
OPD LimitTen Thousand
OPD treatment including testsFive Thousand
Regular Medical check-up for non-ailing disabled.Five Thousand
Ongoing TherapiesTen Thousand
Dental Preventive DentistryTwo Thousand Five Hundred
Alternative Medicine (to be considered within limit of IPD or OPD).Four Thousand Five Hundred
Transportation costs (to be considered within limit of IPD or OPD).One Thousand
Overall Coverage Limit:  Rs. 1,00,000

How to Apply

Person can enrol in this scheme through the nearest organization registered with National Trust. These organizations will then send the application form to Nirmaya. After successful enrolment the person would get covered under this health insurance policy after 2 months of approval. If application is submitted between 01Sep-28Feb, then person is covered from April and when submission is done between 1st March-31st August, the person will get covered from October. E-card (biometric/smart card) is issued in the next month after submission of application.

Claim Procedure

Completed claim form should be submitted to ICICI Lombard General Insurance Company within 30 days of treatment or after discharge from the hospital at the following address:

ICICI Lombard General Insurance Company

Narain Manzil, 3rd floor,

23, Barakhamba Road, New Delhi – 110 001.

Tel:+91 11 55310657

This scheme after it's launch in 2008 has turned out be extremely beneficial to the people of India as access to healthcare has become very easy and affordable.

Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016 or Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

Popular posts from this blog

Guide to pension plans in the form of Insurance

  Pension plans ensure that you are financially secure during your golden years. Take a look at the important aspects that you must keep in mind while opting for one...      Gone are the days when a leading criterion for choosing an employer was the type of pension plan that came with your salary package. Today, more important issues like matching of skill sets to job requirements, scope for personal and financial growth, etc. have come to the forefront. However, this has left individuals with the responsibility of financially planning for their golden years. And it's all for the best as there are a variety of pension plans available in the market to suit different individuals and their specific needs. WHAT ARE PENSION PLANS?     In a pension plan, you are required to pay premiums for a certain number of years and once you reach the retirement age, the insurer returns a lump sum amount that can be then used to purchase an annuity or stream of income for the rest of your life....
Read more

All about "Derivatives"

What are derivatives? Derivatives are financial instruments, which as the name suggests, derive their value from another asset — called the underlying. What are the typical underlying assets? Any asset, whose price is dynamic, probably has a derivative contract today. The most popular ones being stocks, indices, precious metals, commodities, agro products, currencies, etc. Why were they invented? In an increasingly dynamic world, prices of virtually all assets keep changing, thereby exposing participants to price risks. Hence, derivatives were invented to negate these price fluctuations. For example, a wheat farmer expects to sell his crop at the current price of Rs 10/kg and make profits of Rs 2/kg. But, by the time his crop is ready, the price of wheat may have gone down to Rs 5/kg, making him sell his crop at a loss of Rs 3/kg. In order to avoid this, he may enter into a forward contract, agreeing to sell wheat at Rs 10/ kg, right at the outset. So, even if the price of wheat falls ...
Read more

ICICI Prudential Dynamic Plan

Best SIP Funds Online   ICICI Pru Dynamic Plan completes 15 great years of wealth creation - a period in which investor wealth grew by 23x, at a huge 24% CAGR. The biggest lesson Naren says his team imbibed in this eventful 15 years journey, is that markets are truly dynamic - gyrating from extreme pessimism to extreme optimism and vice-versa. That's where the dynamism of this fund comes handy - it can move from aggressive to conservative in its equity stance, even as it searches for value across other asset classes including bonds, offshore equity and going forward, REITs and InvITs.               Performance Scoreboard Past performance may or may not be sustained in future. Performance data refers to growth plan. #Inception date of growth plan: October31, 2002. ^Inception of dividend plan: January 09, 2004. Source: MFI Explorer. Data as of Sep 30, 2017. Consistent Performance ICICI Prudential Dynamic Plan has outperformed in each ye...
Read more

More on Mutual Funds

What Is a Mutual Fund ? A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. Anybody with an investable surplus of as little as a few thousand rupees can invest in Mutual Funds. These investors buy units of a particular Mutual Fund scheme that has a defined investment objective and strategy The money thus collected is then invested by the fund manager in different types of securities. These could range from shares to debentures to money market instruments, depending upon the scheme's stated objectives. The income earned through these investments and the capital appreciation realized by the scheme are shared by its unit holders in proportion to the number of units owned by them. Thus a Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost.   What Are The Types of Mutual Fund Scheme...
Read more

PF e-Passbook

  Provident Fund e-Passbook   The Employees Provident Fund Organisation now runs an e-passbook service that enables members to log in and access their provident fund accounts . This facility enables tracking of the money and ensuring that the employer's contribution has been deposited into the account. This facility is available to those whose accounts are with the central provident fund commissioner for maintenance and can be availed at members.epfoservices.in . Registration A member can register at the portal easily by using PAN , Aadhar or passport number as the log in and the mobile numbers as the PIN . This combination enables easy retrieval of information. Accounts After logging in, the member has to choose the state where the employer is located, and enter the code number of the employer, account number and name. These details can be obtained from any existing PF document . PIN To download the passbook, the member will request...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now