Star Mediclassic Health Insurance Policy

Star Mediclassic Health Insurance Policy

Star Mediclassic Health Insurance plan covers hospitalization expenses incurred due to illnesses, diseases, and accidental injuries. With more than 9000 network hospitals, the insured can avail of cashless treatments at any network hospital. Individuals aged between 5 months to 65 years are eligible to buy this policy, but after 65 years, only renewal is possible.

In addition, the policy also covers emergency ambulance charges, allopathic treatments, surgeon fees, nursing expenses, pre-existing disease, and coverage for pre and post-hospitalization.

Eligibility criteria for Star Mediclassic Health Insurance Policy

Key highlights of Star Mediclassic Health Insurance Policy

• Star Mediclassic Health Insurance Policy offers a wide range of sum assured – Rs 1.5 lakh to Rs 15 lakh. And under the gold option, the sum assured ranges from Rs 3 lakh to Rs 25 lakh.
• Policy applicants above 50 years are required to undergo medical screening at any Star health insurance’s nominated centers.
• The policy comes with different tenure options of 1/ 2/ 3 years.
• Star Mediclassic policy compensates up to 2% of the sum assured and Rs 5000 for the hospital room, boarding, and nursing expenses.
• One of the unique benefits of this plan includes coverage for medical expenses for psychiatric and psychosomatic disorders incurred on the first diagnosis. However, a minimum of 5 days of hospitalization is required for it.
• A cumulative bonus of 5% to 20% of the sum assured is offered within the policy for claim-free years.
• The plan also offers automatic restoration of the basic sum assured by 200%.
• Star Mediclassic health insurance policy comes with a Gold plan option, offering additional benefits and optional covers.
• Tax Benefit: Tax benefits are applicable as per the prevailing norms of the Income Tax Act.

Inclusions in Star Mediclassic Health Insurance Policy

• Daycare Procedures: Star Mediclassic Health Insurance Policy covers expenses incurred for daycare procedures like cataract.
• Emergency Ambulance Charges: the plan covers emergency ambulance charges up to Rs 750 minimum and a maximum of Rs 1500 within the policy term.
• In-Hospitalization: This plan covers nursing expenses, specialist fees, room rent, ICU charges, etc.
• Pre and Post Hospitalization Expenses: the policy covers medical expenses up to 30 days before hospitalization and 60 days after hospitalization.
• Health Checkups: costs of health checkups are covered once every four years of the policy tenure, which is valid for coverage amounts above Rs 2 lakh only.
• Ayush Treatment Cover: The plan covers Ayush treatment up to 25% of the sum assured amount up to a maximum of Rs 25000.

Exclusions in Star Mediclassic Health Insurance Policy

• Expenses related to any unproven treatment.
• Respite care and rehabilitation expenses, rest cure.
• Childbirth and cesarean complications except ectopic pregnancy.
• Congenital external condition or defects or anomalies.
• Pre-existing diseases.
• During the 30-day waiting period, no expenses are covered.
• Obesity-related treatment.
• Cosmetic or Plastic surgery.
• Gender change treatment.
• Drug addiction or alcoholism.
• Sterility or infertility.
• Self-inflicted injuries.
• STDs.
• Treatments expenses for injuries or illness due to adventure sports.

Star Mediclassic Health Insurance Policy cancellation

The policyholder is allowed to can Star Mediclassic policy by giving 15 days written notice. The insurer shall refund the premium for the unexpired policy period.