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TATA AIG Health Insurance Plans Overview

TATA AIG health insurance offers 3 health insurance plans. The premium of these plans starts from Rs. 2640/yr. The sum insured ranges from Rs. 2 Lakh - 50 Lakh. Details of the comprehensive coverage provided by the following 3 TATA AIG health insurance plans are listed below:

TATA AIG MediCare Policy

Starting Premium- 4,812/Yr

When thinking of health, DON'T Compromise,Tata AIG Medicare is a simplified and comprehensive Health Insurance plan. The product is designed keeping in mind the important role that your health insurance plays considering the cost of medical emergencies.

  • Global cover: Medical expenses upto SI covered if diagnosis is made in India and insured travels abroad for treatment.
  • Bariatric Surgery Cover: Covers expenses incurred for Bariatric Surgery for treatment of Obesity and weight control.
  • Vaccination Benefits: Covers expenses related to Human Papilloma Virus (HPV) vaccine & Hepatitis B Vaccine after 2 years of continuous coverage and Anti-rabies vaccine & Typhoid vaccination without any waiting period. The maximum payable is actuals or Rs. 5,000/- per policy, whichever is lower.
  • Consumables benefit: Items consumed during hospitalization/medical treatment would be covered by insurer as per policy wordings.
  • Second medical opinion is free.
  • Hearing aid cover: Cover for hearing aid every 3rd year. Maximum payable amount is 50% of actual cost or Rs. 10,000/- per policy, whichever is lower.

Eligible Age

91 days - 65 years

Coverage

3 Lakh - 20 Lakh

TATA AIG MediCare Premium Policy

Starting Premium- 6,535/Yr

When thinking of health, DON'T Compromise,Tata AIG Medicare is a simplified and comprehensive Health Insurance plan. The product is designed keeping in mind the important role that your health insurance plays considering the cost of medical emergencies.

  • Global cover: Medical expenses upto SI covered if diagnosis is made in India and insured travels abroad for treatment.
  • High End Diagnostics: Covers the insured person for the listed diagnostic tests on OPD basis if required as part of a treatment subject to Rs 25,000 per policy year annually.
  • Prolonged Hospitalization Benefit: Fixed amount of 1% of SI payable if insured hospitalized for a disease/illness/injury for a continuous period exceeding 10 days.
  • Accidental Death Benefit: Covers 100% of sum insured in the event of death of insured person due to accident. This benefit is not applicable for dependent children covered in the policy.
  • In-patient Dental: Expenses of dental treatment where hospitalization required due to accident/injury/illness covered.
  • Bariatric Surgery Cover: Covers expenses incurred for Bariatric Surgery for treatment of Obesity and weight control.
  • Vaccination Benefits: Covers expenses related to Human Papilloma Virus (HPV) vaccine & Hepatitis B Vaccine after 2 years of continuous coverage and Anti-rabies vaccine & Typhoid vaccination without any waiting period.
  • Consumables benefit: Items consumed during hospitalization/medical treatment would be covered by insurer as per policy wordings.
  • Second medical opinion is free.
  • Hearing aid cover: Cover for hearing aid every 3rd year. Maximum payable amount is 50% of actual cost or Rs. 10,000/- per policy, whichever is lower.

Eligible Age

91 days - 65 years

Coverage

5 Lakh - 50 Lakh

TATA AIG MediCare Protect Policy

Starting Premium- 2,640/Yr

As the name suggest, Star Comprehensive is a comprehensive health insurance plan which provides all the tenets of health insurance cover options. the whole family can also be included in the plan’s coverage and enjoy coverage features like room rents without sub-limits, second opinion, accidental death and disability coverage, etc

Eligible Age

91 days - 65 years

Coverage

2 Lakh - 5 Lakh

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FAQs

Yes, the co-payment clause is applicable in certain health insurance plans offered by TATA AIG. Under this clause, a percentage of the health insurance claim would be paid by you and the remaining claim would be settled by the insurance company

Daycare treatments are those which do not require hospitalisation of 24 hours or more. These treatments take a few hours after which you can be discharged because of the advanced medical techniques which are now practised. Daycare treatments are covered under all health insurance plans

Top-up plans have a concept of deductible up to which no claims are admissible. As soon as any claim exceeds the deductible limit, the excess is then covered under top-up health insurance plans. For instance, suppose, a top-up plan is bought with a sum insured of INR 5 lakhs and a deductible of INR 2 lakhs. A claim of INR 1.9 lakhs would not be covered by the plan because it is below the deductible limit. However, if the claim is for INR 201,000, the excess of INR 1000 would be covered under the top-up plan. Thus, top-up plans cover only those claims which exceed the deductible limit

Yes, the premiums paid for health insurance plans have tax-saving benefits. The premiums are allowed as a deduction under Section 80D. You can claim a maximum deduction of up to INR 25,000 on the premium you pay for your health insurance. However, for a senior citizen, the 80D limit is INR 50,000 per annum

So, if you buy a separate plan for your senior citizen dependent parents and pay their premiums, you are eligible for an additional income tax deduction of INR 50,000. Thus, you can claim a deduction of up to INR 50,000 on the premiums you pay for yourself and your family and another INR 50,000 for premiums paid for your dependent parents. This brings the total deduction to up to INR 1 lakh

Usually, family floater health insurance plans allow coverage only for a spouse, dependent children and dependent parents. However, there are some family floater health plans which allow extended relations to also be covered under the policy. Under such health plans, you can get coverage for your dependent siblings.
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