Apollo Munich Insure Health

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Apollo Munich Insure Health Insurance Policy


Apollo Munich Insure Health Insurance policy is a basic health insurance policy that covers expenses when the insured is hospitalised. The policy can be issued on the spot for standard cases without undergoing any medical check up. It also covers Ayurvedic, Unani and Homeopathic treatments. However, make note that co-payment of 15% is applicable for each and every claim which means the customer has to bear a minimum of 15% of the amount under every claim.

 

 Key Features of Apollo Munich Insure Health Insurance Plan

 
  • Instant issuance and No medical tests required 
  • Wide cover for treatment against illnesses and accident
  • Covers Ayurveda, Sidha, Unani and Homeopathic treatments
  • Compulsory co-payment of 15% for each and every claim
  • Coverage from Rs.25,000 to Rs.2,00,000

 

Type of plans available in Apollo Munich Insure Health Insurance Plan

 
The plan is available in both types -

  • Individual
  • Family Floater

  

What is covered in Apollo Munich Insure Health Policy?

 
  • Hospital room rent and boarding expenses
  • Hospital room accommodation – on a shared basis
  • Diagnostic procedures, lodging, ICU, operation theatre, surgical appliances, prosthetics medicines, drugs & consumables, anesthesia, blood, oxygen
  • Cost of prosthetics and other devices implanted internally during surgery
  • Expenses for organ donors treatment
  • Pre-hospitalisation and Post-hospitalisation expenses
  • Day care procedures
  • Ayush benefits takes care of cost of Ayurveda, Unani, Sidha and Homeopathic treatments

 

Additional Benefits of Apollo Munich Insure Health Policy

 
  • Family discount of 10% if two or more members covered
  • Loyalty discount of 5% on renewal premium to buy another health policy from Apollo Munich

 

Eligibility and Restrictions of Apollo Munich Insure Health Policy

 

 

Minimum

Maximum

Coverage Amount (in Rs.)

25,000

2,00,000

Policy Term (in years)

1

1

Entry Age (in years)

5

50

Renewable till Age (in years)

-

75

 

Family floater policy will cover

 
  • An individual and/or his spouse
  • Dependent children
  • Dependent parents

 

Tax Benefits in Apollo Munich Insure Health Policy


Health Insurance premiums paid up to Rs. 15,000 in case of individuals and Rs 20,000 for senior citizens 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 Apollo Munich Insure Health Policy?

 
  • Any treatment within first 30 days of cover except in case of accidents
  • Pre-existing diseases or conditions for first 4 yrs
  • Psychiatric conditions, mental disorders, Parkinson’s disease, Alzheimer’s disease and obesity-related treatments
  • External congenital diseases, pregnancy, childbirth or miscarriage related treatments
  • Dental treatments, plastic surgery or cosmetic surgery
  • General weakness, convalescence, rest cure, long-term nursing care, rehabilitation etc
  • Cost of contact lenses, spectacles, hearing aids, wigs, diabetic test strips and similar products
  • Involvement in military, air force, naval operations
  • Dangerous sports like racing, diving, hand-gliding, parachuting, scuba-diving, rock-climbing etc
  • Abuse of drugs, alcohol, hallucinogens, intoxicant
  • HIV, AIDS and related diseases
  • 2 yr exclusion on internal congenital diseases, non-infectious arthritis, cataract, internal tumors, osteoarthritis, gastric and duodenal ulcers, varicose veins surgery, hysterectomy, myomectomy for fibroids etc

 

Alternate health insurance plans from other insurance companies


Star Family Health Optima Insurance Plan

ICICI Lombard Family Floater Health Insurance Policy

Max Bupa HeartBeat Family First

 

Other Health plans from Apollo Munich Health Insurance


Apollo Munich Maxima

Apollo Munich Optima Cash

Apollo Munich Easy Health Individual

Apollo Munich Easy Health Family



 

Compare Health Plans

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