Care Joy Health Insurance Policy

Though motherhood gives a lot of challenges, still, it offers the most exhilarating experiences to mothers as they are going to introduce a new life to the world. Care Joy Health Insurance policy is a meticulously designed maternity insurance coverage for expecting mothers and newborn babies. This health insurance plan comes up with many intriguing features for mothers and their babies. This insurance plan bears all maternity-related expenditures irrespective of normal delivery or cesarean. Care Joy Health insurance plan offers a sum assured of Rs. 3 – 5 lakh. This plan is available on an individual or a floater basis.

Eligibility criteria for Care Joy Health Insurance Policy

Key Highlights of Care Joy Health Insurance Policy

• This plan has two variants (Joy Today and Joy Tomorrow).
• This plan offers long-term policy tenure of 3 years.
• This plan offers maternity coverage up to Rs.50, 000. But maternity coverage is available only up to 45 years.
• For maternity-related insurance claims, the waiting period is 9 months.
• Under this health insurance plan, the newborn baby is also covered for up to the first 90 days. After 90 days, your baby will be covered under the regular policy by paying of additional premium.
• This plan offers you to enjoy the cashless treatment as the company is partnered with more than 16500+ hospitals.
• If you choose a multi-year policy, then you will be eligible for a 10% discount on your premiums.
• With no claim bonus, 100% increase in the sum assured amount (if you don’t make a claim within the policy tenure period of 3 years).
• You are eligible for tax benefit on the premiums under 80 D of Income Tax Act 1961.
• This policy offers lifelong renewability.

Some special features of this plan

• This policy gives you a facility to choose a single private room with AC under its coverage plan
• The waiting period is 4 years of pre-existing illnesses and 2 years of specific illnesses
• This plan comes with a co-payment option. This means if you enroll on this plan at the age of 61 years or above, you need to pay 20% of the premium amount. The rest payment is taken care of by the insurance company.
• This plan comes with pre-policy medical tests. This means you need to undergo some medical tests before opting for this policy.

Inclusions in Care Joy Health Insurance Policy

• In-hospitalization: This policy plan offers hospitalization expenses (nursing expenses, doctors’ fees, room rent, ICU charges, OT charges, oxygen, blood, etc.) if the admission for injury/illness in a hospital exceeds 24 consecutive hours.
• Ambulance coverage: This plan allows all the expenses for ambulance coverage (Rs.1000 per hospitalization) if the policyholder needs any hospitalization in case of a health emergency
• Pre and Post hospitalization: This plan covers all medical expenses before the hospitalization ( up to 30 days) and after your discharge (up to 60days) from the hospital.
• Daycare procedures: This plan covers 170 daycare treatment methods like cataracts and many more
• Advanced technology treatment cover: This plan covers advanced treatment methods like Cataract, Sinusitis, Piles, etc.  
• Newborn baby defects coverage: If your newborn is diagnosed with down syndrome or cerebral palsy, then this policy offers a lump sum amount.

Exclusions in Care Joy Health Insurance Policy

• Pre-existing diseases (waiting period 2 years)
• Any diseases contracted within 30 days of the policy
• Non-allopathic treatment
• The routine eye check-ups, and dental treatment
• External congenital disease
• Drug addiction or alcoholism
• Self-inflicted injuries from suicide or any suicidal attempt
• Medical expenses for the treatment of STD
• In-vitro fertilization treatment and infertility treatment

Care Joy Health Insurance Policy cancellation

Policyholders are eligible to cancel their policies within a 15-days free look period. The insurance company will refund the amount minus the proportionate risk premium for the period on cover, medical examination expenses, and stamp duty charges.