RELIANCE HEALTH INFINITY POLICY

NEW POLICY LAUNCHED BY RELIANCE GENERAL INSURANCE CO LTD

18.08. 2020 : Reliance general insurance Company Limited recently launched a new indemnity based health policy with unique features like no sub-limits for daily bed charges , ambulance etc , world wide cover which can be taken up to 3 years . One can take cover from Rs 3 lakhs to Rs 1.00 crore .

Eligibility criteria for Health Infinity Insurance :

1. Entry Age :​ Child: 91 days to 25 years | Adult: 18 years to 65 years Renewable Life long .
2. Policy Period : 1 year, 2 years & 3 Years​ ( Extended Policy Year of 13 months if Policy period is 1 year and Extended Policy Year of 26 months if Policy Period is 2 years ​ )
3. ​Maximum 8 members - 2 Adults and up to 6 children​ for family floater Policy Further a single policy can cover up to 20 members of a family on individual cover basis . ( Grandparents , children , spouses , grandchildren etc can be under the same policy )
4. Sum Assured : 3 lakhs, 5 lakhs, 10 lakhs, 15 lakhs, 50 lakhs, 1 Crore​​

BASIC FEATURES OF THE RELIANCE HEALTH INFINITY POLICY

​1. Indemnity based Health cover from Rs 3.00 lakhs to Rs 1.00 crore
2. Pre -hospitalisation expenses up to 90 days
3. Post hospitalisation expenses up to 180 days
4. WAITING PERIOD :
a. Waiting Period : 30 days applicable to all claims unless insured suffers an accident
b. Waiting period of 24 months is applicable on specific diseases as mentioned in policy as long as insured is in his/her third year of policy without break.
c. Pre-existing Diseases waiting period​ : Pre-existing Diseases shall not be covered until the completion of 36 months of continuous coverage have elapsed, since inception of the first Health Infinity Policy provided that the Pre-existing Disease is declared and/or accepted in the proposal.​

5. No medical examination before issuing the policy is required for a person up to 45 years for cover up to Rs 15.00 lakhs . Any charges for any medical examination in other cases will be borne by the insurance company
6. Policy can be cancelled within 90 days of issue with full refund of premium paid .
​

UNIQUE FEATURES OF THE POLICY :

1. - No sub-limit for the following

a. Inpatient Care : Room rent , Nursing , ICU , Consultation fee , Operational Theatre charges , Medicines , Diagnostic charges etc
b. Day Care Procedures : Chemotherapy , Radiotherapy etc
c. Domiciliary Hospitalisation : Carries conditions
d. Organ Donor : Cost of medical treatment for an organ donor
e. Ayush Benefit : Expenses incurred in accredited ayush hospitals in Ayurvedic , Siddha , Unani and Homeopathy
f. Emergency Ambulance

2. Day care treatment covered
3. 90 days free cancellation
4. Benefits can be restored up to 100 % of initial cover

5. You can opt for any one of the below additional benefit without additional premium payment :

A. You can ask for additional cover ( optional ) as follows :
a. Rs 1.00 lakh extra for a policy of Rs 3.00 lakhs
b. Rs 2.00 lakh extra for a policy of Rs 5.00 lakhs
c. Rs 3.00 lakh extra for a policy of Rs 10.00 lakhs
d. Rs 5.00 lakh extra for a policy of Rs15.00 lakhs
e. Rs 15.00 lakh extra for a policy of Rs 50.00 lakhs
f. Rs 30.00 lakh extra for a policy of Rs 1.00 crore

B. OR Additional Cover period :

a. 12 months cover for 1 year policy
b . 26 months cover for 2 year policy

C; OR Global Cover : Covers Emergency medical bills while on Overseas Travel

6. Voluntary Co-payment can be opted for 10 % and you will get discount in premium for such option exercised .

EXCLUSIONS :

• Investiga​tio​n & Evaluation

• Obesity/Weight control

• Change-of-Gender treatments

• Cosmetic or Plastic surgery

• Hazardous or Adventure sports

• Breach of law

• Excluded providers

• Drugs or treatments

• Wellness and Rejuvenation

• Dietary Supplements & Substances

• Rest Cure, rehabilitation and respite care

• Refractive Error

• Unproven Teatments

• Birth control, Sterility and Infertility

• Maternity

• Alternative Treatments

• Circumcision

• Convalescence or Rehabilitation

• Dental Treatment

• Drugs or treatments

• Enteral feedings

• External Congenital Anomaly

• Hearing Aids

• Hormonal therapies

• Medically Necessary Teatment

• Medical supplies

• Non-medical expenses

• Outpatient treatment (OPD)

• Overseas treatment

• Peritoneal dialysis

• Prosthetic and other devices

• Reasonable & Customary Charges

• Self-inury or suicide

• Sexually transmitted diseases

• Sleep-apnoea

• Spinal subluxation, manipulation and muscle stimulation

• Treatment by a family member

• Treatment outside discipline

• Vaccination and immunisation

• War or ​​similar situations

For the prospectus of the Policy , CLICK HERE

PREMIUM FOR RELIANCE HEALTH INFINITY POLICY :

Premium for the Reliance Health Infinity policy changes with the annual age of the insured

A. DISCOUNTS : Premium for Reliance Health infinity policy carries various discounts like

1. ON-LINE DISCOUNT : 10 % discount on buying / renewing on-line on the website of the insurance company
2. FAMILY DISCOUNT : 10 % discount for the policy covering two or more members of a family under individual policy option
​ 3. POLICY TENURE DISCOUNT : If policy is for more than one year , premium payment in advance for the whole period entitles 10 % discount
3. VOLUNTARY CO-PAYMENT DISCOUNT : If policy owner wants to pay 10 % Co-payment on the claims on the policy ,He / she are entitled for 10 % discount
4. HEALTH CHECKUP DISCOUNT : If policy owner carries out an annual medical health check up and produces the result to the insurance
company , he / she are eligible for 10 % discount on the premium for renewal .
Maximum Discount available is 30 % total excluding co-payment and medical health check up discounts .

​B: PREMIUM CHART : CLICK HERE FOR PROSPECTUS WHICH CARRIES PREMIUM CHART

In case you are interested , you may visit the reliance General Insurance co website for further details

FAMILY FLOATER POLICIES WILL BE AVAILABLE WITH INCLUSION UP TO 8 FAMILY MEMBERS