Diabetes Safe Individual

The insurance policy offered by Star Health insurance company for diabetic’s patients fall under individual and floater coverage type. Under Plan A only, pre-medical screening required. If the policy is rejected after the screening, 50% of the medical screening will be charged to the policy seeker.

ELIGIBILITY

Any person between 18 years and 65 years of age who is already living with Diabetes Mellitus can take this insurance.

Guaranteed Lifetime Renewals: Life-long renewals beyond 65 years are offered under this policy.

Tax Benefits: Amount paid by any mode other than by cash for this insurance is eligible for relief under Section 80D of the Income Tax Act.

Free Look Period: 15 days from the date of receipt of the policy is available for reviewing the policy terms and conditions. In case insured is not satisfied he can seek cancellation of the policy and in such event the Company will allow refund of premium after adjusting the cost of pre- acceptance of medical screening, stamp duty charges and proportionate risk premium for the period concerned provided no claim has been made until such a cancellation. Free look cancellation is not applicable at the time of renewal.

STAR Advantages of the policy:

·         No Third-Party Administrator - direct in-house claims settlement

·         Faster and hassle-free claim settlement

·         Cashless hospitalization

·         Network of more than 7800 hospitals across India

·         Facility for maintaining personal health record in electronic format.

What does the policy covers?

·         Covers hospitalization expenses for complications of Diabetes, both type 1 and type 2 and other than complications of diabetes

·         Policy can be taken on Individual and Floater basis.

·         Two Plans are available - Plan A and Plan B.

·         Plan A - Pre-acceptance medical screening is compulsory.

·         Plan B - There is no pre-acceptance medical screening.

·         No Waiting Period for Plan A. 15 months waiting period for Plan B

·         Out Patient expenses - for Medical consultations, Diagnostic tests, medicine and drugs

·         Compensation for Accidental Death of the chosen insured person

·         Donor expenses for kidney transplant surgery

·         Dialysis expenses @ Rs.1000/- per sitting up to 24 months

·         Cost of artificial limbs due to amputation up to specified limits.

·         Automatic restoration of entire Sum insured

·         More than 400-day care procedures covered.

What it doesn't cover:

·         Costs of immunosuppressive drugs

·         Diabetic Retinopathy and Diabetic Nephropathy leading to Chronic Renal failure and Diabetic foot ulcer