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HDFC Ergo Health Optima Cash Plan
HDFC Ergo Health Optima Cash Insurance Policy
Apollo Munich Optima Cash policy pays a daily cash amount to cover sickness, accident, day care, convalescence, parent accommodation costs etc incurred by a person an individual or family members.
Key Features of HDFC Ergo Health Optima Cash Insurance Policy
No medical bills required for claims
No pre-policy check-up in case of a clean proposal form
Variants in HDFC Ergo Health Optima Cash Insurance Plan
There are three variants available in Apollo Munich Optima Cash Policy. They are -
Platinum – Annual Premium
Platinum – 2 Year Premium
What is covered in HDFC Ergo Health Optima Cash Insurance Plan?
Sickness hospital and ICU cash
Accident hospital and ICU cash
Double amount on Joint hospitalisation due to an accident where 2 or more persons are hospitalized at the same time
Day care procedure which does not require 24 hr hospitalisation
Daily cash amount paid for parents’ accommodation if child is hospitalized
Convalescence benefit paid for gradual recovery after illness if hospitalized beyond 7 days
Pays for childbirth after a waiting period of 2 yrs
Lump-sum amount equal to twice the Daily Cash amount for maternity to female Insured in event of child birth.
Additional Benefits of HDFC Ergo Health Optima Cash Insurance Policy
Children aged over 91 days can be covered if parent is insured under the same policy
10% family discount if two or more persons insured
5% discount if purchase made through online channel
Eligibility and Restrictions of HDFC Ergo Health Optima Cash Insurance Policy
Daily Cash amount (in Rs.)
Policy Term (in years)
Entry Age (in years)
Renewable till Age (in years)
66 (Annual policy)
67 (2 year policy)
Family floater policy will cover
Tax Benefits HDFC Ergo Health Optima Cash Insurance 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 HDFC Ergo Health Optima Cash Insurance Policy?
Waiting period of 30 days except in case of an accident
Specific waiting period of 2 yrs for conditions like arthritis, ulcer, internal tumors, osteoporosis, cataract, benign ear surgery, dilation, varicose veins etc.
HIV, AIDS and related diseases
Non-allopathic treatment, congenital diseases, cosmetic surgery, weight control treatments, plastic surgery
Abuse of drugs, alcohol, hallucinogens, intoxicant – not covered
War. Radiation or nuclear contamination
Participation in dangerous sports like scuba diving