Star Health Gain Insurance

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Star Health Gain Insurance Plan

 

Star Health Gain Insurance is a complete health insurance policy for the family which covers medical expenses incurred by a person due to any illness or injury. There is a flat amount of premium irrespective of the sum insured or age of the persons or number persons covered. Hence the maximum number of people covered would be more beneficial under this plan.

 

 

Key Features of Star Health Gain Insurance Plan

 

  • Flat amount of Rs.14,725 only irrespective of the sum insured or age of the persons or number of persons covered.
  • Coverage for both inpatient and outpatient treatments under one health insurance policy
  • Any unutilized amount under outpatient benefit can be carried forward to the next one year
  • Pre-existing diseases are covered after 48 months of continuous insurance.

 

 

What is covered in Star Health Gain Insurance Policy?

 

  • Hospital room accommodation – Room rent or boarding upto 2% of the sum insured, subject to a maximum of Rs 4000 per day in Class A cities; 1% of the sum insured, subject to a maximum of Rs 3000 per day in Class B cities; 1% of the sum insured, subject to a maximum of Rs 1000 per day in subject to a maximum of Rs 1000 per day in other locations
  • Nursing expenses
  • Surgeon's fees, Consultant's fees, Anesthetist's and Specialist's fees
  • Cost of medicines and drugs
  • Emergency ambulance charges for transporting the insured patient to the hospital upto a sum of Rs.750/- per hospitalization and overall limit of Rs.1500/- per policy period
  • Pre-hospitalization expenses upto 30 days prior to the date of admission in hospital/nursing home.
  • Post-hospitalization expenses calculated @7% of the hospitalization expenses (excluding room rent), subject to a maximum of Rs 5000 (benefit-based).

 

 

Additional Benefits of Star Health Gain Insurance Policy

 

  • Pre existing diseases are covered after 48 months of continuous insurance.
  • No Third Party Administrator; direct in-house claims settlement
  • Free General Physician Consultation over phone. Doctors on duty 24x7.
  • Cumulative bonus of 10% for every claim-free year

 

 

Eligibility and Restrictions of Star Health Gain Insurance Plan

 

 

Minimum

Maximum

Coverage Amount (in Rs.)

1,00,000

5,00,000

Policy Term (in years)

1

1

Entry Age (in years)

5 months

60 years

Renewable till Age (in years)

-

60 years

 

 

Family floater policy will cover

 

  • An individual and/or his spouse
  • 3 Dependent children till age 25 years

 

 

Tax Benefits in Star Health Gain Insurance Plan

 

Health Insurance premiums paid up to Rs. 15,000 and Rs 20,000 for senior citizen are allowed as a deduction from the taxable income each year under section 80D of the Income Tax Act.

 

 

Exclusions - What is not covered in Star Health Gain Insurance Plan?

 

  • Treatment of illness/disease/sickness contracted by the insured person during the first 30 days from the commencement date of the policy
  • First Two Years Exclusions: Cataract, Hysterectomy for Menorrhagia or Fibromyoma, Replacement surgery for knee and/or joint (other than caused by an accident), Prolapse of intervertebral disc (other than caused by accident),varicose veins and varicose ulcers
  • First Year Exclusions: Benign Prostate Hypertrophy, Hernia, Hydrocele, Fistula in anus, Piles, Sinusitis and related disorders, congenital internal disease/defects, removal of gallstones and renal stone
  • Naturopathy treatment
  • Expenses which are purely diagnostic in nature with no positive existence of any disease
  • Expenses incurred for non-allopathic treatment
  • Treatment of external Congenital disease/defects/anomalies
  • Expenses which are mainly cosmetic in nature

 

 

Alternate health insurance plans from other insurance companies

 

Bajaj Allianz Individual Health Guard

Max Bupa Heart Beat Health Insurance

Apollo Munich Maxima Health

 

 

Other Health plans from Star Health Insurance

 

Star Family Health Optima Insurance

Star Health Medi Classic

Star Health Super Surplus

~ By Deepak Yohannan
Note: This is a statement of facts based on the information collected from the Star Health Gain Insurance brochure and insurance company's website. It should not be construed as a Critical or Favourable Star Health Gain Insurance Review, Analysis or Recommendation.
Insurance is a subject matter of the solicitation.


Leave a Comment

Hello

My parents are 56 and 50 years respectively

I would like to take insurance for them , can you please email me the details and your contact

Regards,

Arun

By Arun Jose on Jul 25, 2012 Reply

i think this is one of the most economical and policy holder friendly..instrument. IN ABSENCE OF INSURANCE REGULATER'S UNIFORM STNDARDS APPLICABLE TO ALL INSURANCE COMPANYS, SBI LIFE'S HEALTH POLICY..HOSPITAL CASH IS MOST FRIENDLY AND ECONOMICAL IN INDIAN CONTEXT.

By Veeraswamy Buddala on Dec 09, 2011 Reply

iam 26 yrs old single ,to get health insurance which health policy is better for my parents only my father 55yrs old and my mother 43 yrs old

By Sandeep Reddy on Nov 10, 2011 Reply

i am liver cirrosis patient with a inferior venacava angioplasty patient and ulcerant for recent findings. i was done stent implantation in the inferior venecava. i am living with my son and wife. i am at 42 years age. which health policy is best.

By Jsmrao on Sep 16, 2011 Reply

My son is 5 year old and he is Autistic .He can not speak.Can he be covered in floter polcy.
Ram Prasad
cell no.9811714322

By Ram Prasad on Aug 30, 2011 Reply

Pl. communicate that what shall be the coverage in terms of the health insurance coverage ,immediately after getting inducted into the policy. Pl. specify which are illness/surgery t hat shall be covered during the first year of getting inducted into your health insurance policy

By Samir Kumar Bhattacharya on Aug 06, 2011 Reply

buy online

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