Max New York Life – health insurance schemes can act as a catalyst in protection your peace of mind and eliminating all doubts about your future treatment expenses. Presenting Lifeline – MediCash Plus health Insurance plans from MNYL that provide you support by giving you hospital cash benefit, whenever you are hospitalized. Through this plan you will get a fixed benefit towards hospitalization, ICU and recuperation (post hospitalization). And the surgical expenses of a fixed Lump-sum amount will be paid under LifeLine – MediCash Plus for more than 400 listed surgeries that you may undergo.
Eligibility –
| Criteria | Eligibility | ||
| Minimum / Maximum Age At Entry | 18 years to 55 years (Age At Last Birthday) | ||
| Policy Term | 10 years | ||
| Maximum Age at Maturity | 65 years | ||
| Premium Guarantee | 5 years | ||
| Premium Table (Sample*) |
Units |
3 |
|
|
Age (yrs) |
Male |
Female |
|
|
20 |
5886 |
5328 |
|
| Premium Payment Frequency | Half Yearly and Yearly | ||
| Reinstatement after Lapse | Allowed only till 180 days from Lapse Date | ||
| Premium Limits | Minimum: Rs. 2,500 (Yearly Mode) and Rs. 1,300 (Half Yearly Mode) |
||
| Waiting Period | 90 days from policy commencement apart from hospitalization due to accidents |
||
| Benefits | Number Of Units Bought | ||||
|
1 |
2 |
3 |
4 |
5 |
|
| Daily Hospital Cash | 1000 | 2000 | 3000 | 4000 | 5000 |
| Daily ICU Cash | 2000 | 4000 | 6000 | 8000 | 10000 |
| Recuperating Cash (Lump-Sum) | 3000 | 6000 | 9000 | 12000 | 15000 |
| Annual Limit (Days) |
50 days of Hospitalization |
||||
| Policy Term Limit (Days) |
250 days of Hospitalization |
||||
| Surgical Cash ( Lump-Sum Upto Rs) | 50,000 | 100000 | 150000 | 200000 | 250,000 |
| Minor (10%) | 5,000 | 10,000 | 15,000 | 20,000 | 25,000 |
| Intermediate (15%) | 7,500 | 15,000 | 22,500 | 30,000 | 37,500 |
| Major (35 %) | 17,500 | 35,000 | 52,500 | 70,000 | 87,500 |
| Supra major (100%) | 50,000 | 100,000 | 150,000 | 200,000 | 250,000 |
| Others | Upto 10,000 |
Upto 10,000 |
Upto 10,000 |
Upto 10,000 |
Upto 10,000 |
Key Benefits –
- Cashless hospitalization available in over 4000+ network hospitals across the country. Fixed daily hospitalization benefit available irrespective of amount of actual billing.
- Benefits are Payable in addition to any other health insurance cover that you may have with us or any other insurer.
- The premiums are guaranteed for 5 years from the valuable date. After 5 years, the Company may revise the premium rates based upon the actual review of the claims experience subject to prior approval of IRDA.
- Guaranteed Long-Term coverage for 10 years subject to payment of premium made by you.
- Premium discount incase policy is claim-free for first 5 years.
- Tax benefit on the premium paid upto Rs.15, 000 under section 80 D of the Income Tax Act.
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