Apollo Munich Easy Health Standard - Family Floater Plan

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Apollo Munich Easy Health Standard- Family Floater

	Objective			This is an online health insurance policy which aims at covering hospitalisation expenses and certain other related expenses.
What does it do?			Out of the three variants of Easy Health Policy, 'Easy Health Standard' is the first and most basic variant. It covers inpatient hospitalisation, day care procedures i.e, the treatment that does not require an overnight stay in hospital, home hospitalisation, hospitalisation expenses of organ donor and ambulance expenses. In addition, it allows a health check up after four continuous claim-free years. There are no sub-limits in case of inpatient treatment. Cover for Ayurveda, Unani, Sidha and Homeopathy is an added advantage.
Pros			There is no cover ceasing age. It offers a life long insurance. It provides a discount of 7.5 per cent on advance payment of 2-year premium. It can cover up to four children while most of the policies cover only up to three children. This policy can be purchased online. Premium paid under this policy qualifies for deduction under section 80D of Income Tax Act.
Cons			In case, cumulative bonus has been passed and a claim arises during that year, cumulative bonus would be reduced by 20 per cent in the following year.
Our View			Lifelong renewal makes this policy a preferred one. It will cover you at the age when health insurance is utterly required. This policy is recommended, however, if you are looking for a wider coverage, consider higher variants of Apollo Easy Health Plan.
Suited for			This policy is suitable for a family that needs a basic coverage and allows to cover up to two adults and four children.
Eligibility
Entry Age (years)
Minimum		18; 3 months for children
Maximum		65
Maximum Policy Renewal Age (years)		No Limit
Coverage Type		Family floater
Policy Term (years)		1 or 2
Sum Insured (Rs)
Maximum		5 lakh
Minimum		2 lakh
Tax Benefit		Premium paid is eligible for tax benefit under section 80D of the Income Tax Act
Discount		Premium discount of 7.5% on selecting a policy term of 2 years
No Claim Bonus		10% increase in your annual inpatient benefit sum insured for every claim free year, subject to a maximum of 50%. In case a claim is made during a policy year, the cumulative bonus would reduce by 20% in the following year
Grace Period for Policy Renewal		15 days
Policy Termination		Policyholder is allowed to terminate the policy at anytime by giving a written notice. In case no claim has been made under the policy, pro-rata percentage of premium will be refunded. Insurer may also terminate the policy by goving a 30 days notice period
Customer Service
Address		10th Floor, Building No. 10, Tower-B, DLF Cyber City, DLF Phase-II, Gurgaon-122002
Mail to		customerservice@apollomunichinsurance.com
Call to		1800-102-0333
SMS		Easyhealth' to 56767333
Network Hospitals		Http://www.apollomunichinsurance.com/our-hospital-network.aspx

 

	Scope of Cover
Cashless facility		Available at empanelled hospitals in India
Re-imbursement		In case policyholder opts for non empanelled hospital , expenses are re-imbursed within 14 working days from date of submission of all records
Pre-post hospitalisation		Relevant medical expenses covered for upto 60 days prior and upto 90 days post hospitalisation
In-patient Treatment		Covered
Day-Care Procedures		140 day care procedures are covered
Domiciliary Treatment		Covered
Daily cash for choosing shared accommodation		Rs 500 per day, Maximum Rs 3,000
Ayush benefit		covered upto Rs 20000
Expenses for organ donor of transplant		Covered
Emergency Ambulance		Up to Rs 2,000 per hospitalisation
Health Check-up		Upto 1% of Sum Insured only once at the end of a block of every continuous 4 claim free years

 

	Exclusions and Waiting Period
Pre-existing disease		Pre-existing Diseases will be covered after a waiting period of 36 months
No claim period		30 days from policy start date
Waiting Period		24 months for specific illnesses and treatments mentioned in policy document.Domiciliary treatment will be covered if illness continues for 3 consecutive days
General Exclusions		AIDS or related condition.Treatment of mental or related illness

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