With rising medical costs and varied needs of customers, general insurance companies are introducing products with added features and more flexibility. Bharti AXA General insurance has launched a new plan called the ‘Smart Super Health Policy’ that comes with some key features.
The policy is designed to cater to a larger audience covering up to five family members, including the policy holder. For an individual policy, the entry age ranges between 5 years and 65 years and children between 91 days and 5 years can be covered provided either parent is getting insured under this plan. The policy can be chosen for a period of 1 year, 2 years and 3 years as per customer requirements
It gives the customer options to choose not only when buying but also when renewing the policy. This means that a customer can modify the policy as per their evolving requirements depending on their life stages. For example if the policy is taken without maternity benefit, it can be added on later when the need arises.
There is no capping on room rent in any of the plans which means that a patient can choose any room when being treated at a hospital. The plan also covers medical expenses for in-patient treatment for alternative treatments like Ayurveda, Yoga, Naturopathy, Unani, siddha and homeopathy, as recognised by the Government.
In case of an emergency, air transportation from the site of emergency to the nearest hospital is also covered. It also pays for organ donor expenses.
Several general insurance companies are increasing their scope of coverage to offer customers better protection. The Premier Mediclaim Policy of The New India Assurance covers Ayurvedic/Homeopathic and Unani system of medicine to a certain portion of the sum assured. Air ambulance costs are also covered and there are also no caps on room rent. The Health Care Supreme policy from Bajaj Allianz also covers Ayurvedic and Homoeopathic expenses without any sub limits, air ambulance and organ donor expenses and also has no restrictions on room rent.