 Broadly insurance can be classified in two categories: First - Life Insurance which matures in event of death of the insured/policyholder. On occurrence of such an event the insurance company pays a sum of money assured to the nominee/beneficiary (person nominated by the policyholder). Life Insurances are of two types: Traditional Plans - which contain Endowment Plan , Cash Back Plan, Term Plan , (Term Life Insurance) and Whole life policy. And Unit-linked Insurance Plans - are of 4 types - Endowment cum Ulips, Children Plan , Retirement Plan or Pension plan and investment/saving plans. Second - General insurance. All insurance policies other than life insurance policies come under general insurance segmentation. (Also known as non-life insurance policies). These policies include Home Insurance, Auto Insurance, Travel Insurance, Marine Insurance, Theft Insurance, Office insurance and Health insurance Health insurance is most acquired policy in general insurance segment. Health insurances are of 3 types - Comprehensive Plan - which include Mediclaim and Fixed benefits plan, Accidental Insurance and Critical Care plan . |
| HEALTH ADVANTAGE PLUS INSURANCE POLICY PREMIUM TABLE | ||||
| Age of Senior Most Member (as on his last birthday) | Individual | 2 Adults (with floater benefit) |
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| SI under Hospitalisation Benefit = Rs. 2 Lakhs | SI under Hospitalisation Benefit = Rs. 3 Lakhs | SI under Hospitalisation Benefit = Rs.2 Lakhs | SI under Hospitalisation Benefit = Rs. 3 Lakhs | |
| SI under OPD Benefit as below | SI under OPD Benefit as below | |||
| Fixed Premium Rs. 15,000 | ||||
| 5 yrs. - 18 yrs. | Rs. 10,000 | Rs. 9,500 | - | |
| 19 yrs. - 35 yrs. | Rs. 9,000 | Rs. 8,800 | Rs. 8,000 | Rs. 7,500 |
| 36 yrs. - 45 yrs. | Rs. 8,500 | Rs. 8,000 | Rs. 7,000 | Rs. 6,500 |
| 46 yrs. - 55 yrs. | Rs. 6,000 | Rs. 5,500 | Rs. 3,000 | Rs. 2,000 |
| 56 yrs. - 60 yrs.* | Rs. 4,500 | Rs. 3,500 | - | |
| Fixed Premium Rs. 20,000 | ||||
| 61 yrs. - 65 yrs. | Rs. 7,000 | Rs. 5,500 | - | |
| 66 yrs. - 70 yrs. (for renewal only)** | Rs. 4,000 | Rs. 2,000 | - |
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