Royal Sundaram Health Insurance can be a better option to cover your family against all medical expenses. The product called Family Health Insurance Online is a comprehensive health insurance which is specially designed to protect you and your family. There is no documentation and medical check-up is required to buy this policy.

The entry age is anywhere between18 years and 45 years. You can cover your spouse, children (above 90 days and up to 21 years) and dependent parents (up to 50 years). You can renew the policy online up to the age of 70 years. The plan offers different sum insured ranges to choose from Rs.1Lakh, Rs.2Lakh, Rs.3Lakh, Rs.4lakh and Rs.5Lakh. The sum insured will float to all family members. The cover is applicable for 1 year and 2 year.

You can also choose the health insurance coverage option from-
Coverage for 2 Adult
Coverage for 2 Adult + 1 Dependent Children
Coverage for 2 Adult + 2 Dependent Children
Coverage for 2 Adult + 3 Dependent Children

The policy covers the medical expenses under it’s sub-limits. Room rent, boarding expenses are covered up to 2% of the sum insured and 4% of the sum insured in case of treatment in ICU, surgeon/doctor’s fees up to 40% of the sum insured. The policy also covers diseases like Cataract up to 8% of the sum insured, Piles, Fistula/Tonsities/Sinustis up to 10% of the sum insured, Benign prostatic/Hypertrophy/Hernia up to 20% of the sum insured, Joint replacement up to 50% of the sum insured, Appendicitis and gall bladder stones and gynaec disorders including hysterectomy up to 20% of the sum insured per policy year.  Dialysis/Chemotherapy/Radiotherapy up to 10% of the sum insured per month.

The policy also offers value added services like cashless hospitalization facility at over more than 2000 network hospitals across India, ambulance referral facility and 24 hour helpline for settling the claim faster.

The cumulative bonus of 5% on sum insured is offered for every claim free year of the policy, subject to maximum of of 50%. In case of any claim made during the policy term, the cumulative bonus will be less 2%. You can also avail tax benefit under section 80D of the Income Tax Act,1961.

 

–
About the Author:
Habibulla Antule is a financial advisor and consultant and have provided his expertise to many financial institutions for loans and insurance
Article Source