Asha Kiran Policy

Asha Kiran is designed for parents with ONLY Girl Child. It covers the hospitalization expenses of the family and Personal Accident for Parents.

Highlight:

• Accidental death and Permanent Total disablement of parents is covered.
• Additional benefit is paid in case of Critical illness is diagnosed
• No Medical tests up to the age of 50 Years
• More than 70 Day Care Treatments are covered under this Policy
• Non-allopathic treatment is also covered
• Life long policy renewal
• Tax rebate available as per provision of Income Tax Rules under section 80-D

Eligibility for New India Asha Kiran Policy

The company has set forth specific eligibility criteria for people who wish to avail the New India Asha Kiran Policy. The eligibility criteria can be listed as follows.

·         This policy can be taken by parents who have at least one girl child.

·         Anyone between the ages of 18 years and 65 years can avail this cover.

·         Girl children (maximum 2 per policy) between 3 months and 25 years of age (unmarried dependents) can be enrolled in this cover along with their parents.

·         For mentally challenged daughters and unmarried dependents, the upper age limit will not apply.

·         People over the age of 65 years can renew this cover throughout their life.

·         A minimum of two members, along with one daughter, are required in order to avail this policy coverage.

·         A maximum of four persons can be covered in this policy.

Features of New India Asha Kiran Policy

Some of the key features of New India Asha KiranPolicy can be listed as follows.

·         This policy offers coverage for both hospitalization expenses and death/disability of the insured people.

·         There are four different sum insured options available for policyholders - Rs.2 lakh, Rs.3 lakh, Rs.5 lakh, and Rs.8 lakh.

·         This policy is available only as a family floater cover.

·         Pre-acceptance medical examination is required for people entering this cover after 50 years of age. If the proposal is accepted, 50% of the cost will be reimbursed.

·         Up to 74 day care treatments are covered under this policy.

·         Premium charges for this policy varies based on the zone in which the policyholder lives.

·         If premiums are paid for a lower zone and treatment is taken in a higher zone, the insured must copay about 20% of the claim amount.

·         Pre-existing diseases have a waiting period of 48 months.

·         There is a waiting period of 24 months for certain conditions such as cataract, benign prostate hypertrophy, hernia, piles, hydrocele, non-infective arthritis, hypertension, etc.

·        Certain treatments such as joint replacement due to degenerative condition and age-related osteoarthritis or osteoporosis have a waiting period of 48 months.

·         The sum insured amount available for this policy can be increased at the time of renewal.

·         There is a grace period of 30 days from the date of expiry for policyholders to renew their policy.

·         This policy comes with a free-look period of 15 days for policyholders to review the terms of the cover.

·         Premium charges for this cover will increase by 2% every year after the age of 65 years.

·         Cashless treatment facility is also available under this policy cover.