Star Health Insurance

Star Health Insurance

INSURANCE TYPE

Health Insurance

INSURANCE OFFER

Quarterly Bonus

INSURANCE MONTHLY INCOME

NA *

FEATURES

* Age must be between 5 to 65 years.
* Monthly installment Facility.
* Up to 100% re installation facility.
* Attractive bonus to policy holder.

ELIGIBILITY

*. Minimum age - 18 years
*. Maximum age - 65 years
*. Sum assured range - 1 lakhs to 25 lakhs

DETAIL

* First Stand alone Health Insurance Company.
* Affordable Medical Insurance, facility to policy holder.
* Reliable processing and management.

Star Health Insurance

Star health insurance is joint venture between M/s. Tata Capital Growth Fund, M/s. Oman Insurance Company, UAE, M/s. Sequoia Capital, and M/s. Alpha TC Holdings Pvt Ltd, Singapore and M/s. ICICI Ventures Funds Management. In 2006, IRDA laid the foundation of this organization. Star Health is First stand alone organization in insurance sector. Policy holder will get easy claim settlement facility. It is recognized as one of the top insurance facility providing organization. Company has won several prestigious awards in past few years, some of them are
a. Health insurance Company of the year award 2015.
b. Most promising health insurance company award 2014.
c. Clams service Company of the year award 2014.


Founded and approved by IRDA in 2006 and being the first standalone health insurance firm in India, Star Health and Allied Insurance Co. Ltd. is a joint venture between M/s. Tata Capital Growth Fund, M/s. ICICI Ventures Funds Management, M/s. Oman Insurance Company, UAE, M/s. Alpha TC Holdings Pvt. Ltd., Singapore, and M/s. Sequoia Capital. Star Health and allied insurance company offers direct and hassle-free insurance and claim settlement services. The company has more than 340 branches in India and a strong network with more than 8200 hospitals across the country. The former Honorable President of India greeted the firm with WHO Award of Excellence 2017. Moreover, the company is awarded as Best Health Insurance Provider of the India by Business Today and Money Today Financial Awards 2016-17. The firm offers a wide array of insurance policies ranging from floater schemes to senior citizen health coverage.


Why opt for a health insurance?

Health insurance awareness was never been higher, but, rising medical expenses and experiencing never before heard diseases has called for the need of health insurance. Over the decades of its operation, Star Health and Allied Insurance Company captured the call of need and launched different health policies and schemes to be chosen from. These policies and schemes provide comprehensive financial support at the time of various medical emergencies. Thus, Star Health has undoubtedly set a benchmark in the Indian insurance industry.


Why Star Health Insurance

Start health insurance policies are offered by respective company. Its services make it much better, effective, reliable organization. Users will get policies for kids, family or individual and customers can choose offers as per their need and budget. Organization insures customers for the best customer based facilities, services, interactive interest rate and several other services. Some special features and reason to buy star health insurance plan are
a. Policyholders get immediate access to cashless hospitalization And reimbursement facility in more than 7000 network hospitals across India.
b. The company is known for fast, easy and hassle-free health insurance claim settlements.
c. It has its wide presence across the country with over 6000 branch offices.
d. The star health insurance company offers personalized doctor visit for all customers getting hospitalized.


Star Health Insurance Main Feature

a. Policy offers insurance for entire family.
b. Policy holder will get auto recharge facility.
c. Policy will also cover to new born family member.
d. In case of organ transplantation customers will get financial cover.
e. Policy holder will get benefits in case of long term treatment and company will cover up to 400 days.
f. Insurance company offers easy settlement to complete the procedure. No third party involvement in process.
g. Company is offering services through its more than 6000 branches.
h. Star health insurance offers cashless treatment facility in its more than 7000 associated hospitals.


Star Health Insurance Plans List

• Star Family Health optima Insurance
• Star Senior Citizens Red Carpet Insurance
• Star Comprehensive Insurance
• Star MediClassic Insurance
• Star Health Gain Insurance
• Star Super Surplus Insurance
• Star Unique Health Insurance
• Star Diabetes Safe Insurance
• Star Cardiac Care Insurance
• Star Wedding Gift Insurance
• Star Micro Health Rural Insurance
• Star Net Plus Insurance
• Star Student Care Insurance
• Star Care Insurance
• Star Criticare Plus Insurance
• Star Family Delite Insurance

Let’s take a glance at every plan and scheme separately.

• Star Family Health optima Insurance
o This is a health insurance single policy issued for covering medical emergency for the entire family o The entry age for the policy is between 18 to 65 years and the sum insured range is from Rs.3 lakh to Rs.50 lakh o The policy holders can auto-recharge the policy for up to 30% of the sum assured. This facility is offered at no additional cost o The insurer does reimburse a maximum sum of Rs.5000 for every three years against the health check-up expenses incurred during the policy tenure o Insured candidate can also request for automatic restoration of the sum assured if the available sum ends during the medical checkups and treatment o The firm also provides insurance cover for every new born baby in the family o Expenses incurred in case of an organ transplantation is also covered under the star family health optima insurance plan

• Star Senior Citizens Red Carpet Insurance
o This policy is basically designed for the senior citizen group and thus, a person who is liable to buy this scheme should be between the age of 60 to 75 years
o The range of sum insured is between Rs. 1 lakh to Rs.5 lakhs
o An applicant is not asked to appear for a pre-policy medical screening
o Patient’s hospitalization expenses including hospital room rent, nursing fee, medication, and anesthetics are all covered under the policy scheme
o Pre-existing disease is also covered under the policy after a waiting period of 12 months o Reimbursement is paid in lump-sum post hospitalization
o The scheme also covers day-care procedures and transportation expenses up to a pre-specified limit


• Star Comprehensive Insurance
o This is an individual and family health plan with the entry age of between 18 to 65 years
o Minimum range of sum insured is Rs.5 lakh with a maximum range of Rs.25 lakhs
o No specified upper limit cost against treatment and room rents
o The scheme also covers an accident resulting in lifetime disability or death of a victim without any additional payment
o The plan also provides maternity benefits
o A request can be made for 100% auto-restoration of the sum assured when exhausted for meeting the existing medical expenses
o Additional insurance coverage of the scheme benefits include air ambulance assistance, bariatric surgeries¸ medications, and health checkups at no extra cost

• Star MediClassic Insurance
o This is the perfect health insurance plan for the entire family with the entry age of 5 months to 65 years
o The sum insured range is between Rs. 50000 up to Rs. 10 lakhs
o A policy holder can apply for auto-restoration up to 200% if the sum assured gets exhausted
o Sum insured can be increased by 25% for the claim free years
o The scheme offers free health checkups


o This is another health plan for individual as well as for the entire family with an entry age ranging from 5 months to 65 years
o Sum insured range is from Rs.1 lakh to Rs.5 lakhs
o Both inpatient and outpatient treatment expenses are also covered
o Remaining sum from outpatient treatment is carried forward to the next policy year
o Fixed premium for all

• Star Super Surplus Insurance

o Sum insured range of Rs. 3 lakhs to Rs. 10 lakhs
o No pre-policy medical checkup required
o This health insurance scheme also offers coverage of pre-existing disease after the completion of 36 months of regular insurance cover

• Star Unique Health Insurance
o This is an individual insurance plan for a person between the age of 18 years to 65 years
o Sum insured range of Rs. 1 lakh to Rs.3 lakhs
o No need of pre-policy medical check-up
o Pre and post hospitalization expenses are also covered under the policy
o Coverage of pre-existing disease after completing a waiting period of 11 months of policy inception
o Lifetime scheme renewal

• Star Diabetes Safe Insurance
o Age criteria: from 18 years to 65 years
o Sum insured range of Rs.3 lakhs to Rs.10 lakhs
o The policy covers expenses for regular hospitalization and medication related to diabetes and its complication
o If exhausted, policy holder can request for auto-restoration up to 100% of the sum assured
o 400+ day care procedures are also covered under the scheme during the diabetes treatment period

• Star Cardiac Care Insurance

o Age criteria to buy the plan: 10 years to 65 years
o Sum insured from Rs.3 lakhs to Rs.10 lakhs
o The plan comes in two different variants, i.e. silver plan and gold plan
o It provides insurance coverage against heart-related diseases after the completion of 90 days from the policy issuance date

• Star Wedding Gift Insurance
o Any person falling between the age of 18 years to 40 years can apply for the policy
o Range of sum insured is between Rs.3 lakhs to Rs.5 lakhs
o Hospital room rent expense cover up to Rs.4000 per day
o The plan covers pre-existing medical condition after the completion of a waiting period of 1, 2, or 4 years
o The scheme provides coverage for specific daycare procedures

• Star Micro Health Rural Insurance
o The scheme is designed for people residing in rural areas
o It is the individual and/or group plan for the members between the age of 5 months to 65 years
o Annual premium range: Rs.275 from 5 to 25 years, Rs.350 from 26 to 35 years, Rs.425 from 36 to 45 years, and Rs.500 from 45 to 50 years
o Star Health Insurance coverage of pre-existing medical condition after the waiting period of 48 months

• Star Net Plus Insurance
o The best part of this scheme is that there is no age restriction to get this health insurance policy
o This is an individual star health plan
o Range of sum insured is between Rs.30000 to Rs.50000
o The scheme is specifically planned for HIV+ patients or for their HIV+ family members
o Annual premium ranging from Rs.2500 to Rs.4000
o Pre-policy medical screening is required for AIDS confirmation
o Any HIV+ patient seeking for medical help from NGOs or government agencies can be referred for this star health policy

• Star Student Care Insurance

o This star health insurance plan is designed specifically for students between the age of 3 years to 18 years for school-going students and from 15 years to 25 years for college-going students
o Sum insured from Rs.50000 to Rs.1 lakh for school students and from Rs.75000 to Rs.2 lakhs for college students
o A policy holder gets insurance coverage lifetime disability and hospitalization expenses (Rs.5000 for school students and Rs.2000 for college students)
o The amount of sum insured can be increased at an additional cost
o The policy can also be availed by other research institutions

• Star Care Insurance
o This is star health insurance for an individual and family
o Members who can participate in this insurance plan should meet the age criteria of the scheme: 2 to 25 years for children and 18 to 65 years for adults
o Assured sum amount of Rs.1 lakh against the one-time premium
o There is no need for pre-policy medical screening
o The scheme is available on floater as well as individual basis
o Available only in selected cities where the locations are divided into Tier 1 and Tier 2. Tier 1 locations where the population range is between 5 lakhs to 10 lakhs; and Tier 2 locations where the population is less than 5 lakhs

• Star Criticare Plus Insurance
o This is an individual star health plan with an age eligibility criteria of 18 years to 65 years
o Sum insured between the range of Rs.2 lakhs to Rs.10 lakhs
o It is a protection insurance scheme issued with additional critical medical expense cover and added benefits including inpatient hospitalization expenses, nursing fee, anesthetics, room rent, and medication
o Pre-hospitalization (30 days prior of getting admitted) and post-hospitalization expenses including ambulance charges (if any) are also covered under this insurance scheme o The scheme also provides coverage against certain daycare procedures

• Star Family Delite Insurance
o This Star health insurance plan is one of the best family health plans
o This plan can be approved for members between the age of 5 months to 65 years
o Sum insured range is from Rs.2 lakhs to Rs.3 lakhs
o Pre-policy medical screening is required for the joining members above 50 years
o Certain daycare procedures are covered under the policy
o Pre-hospitalization (30 days prior of getting admitted) and post-hospitalization expenses including ambulance charges (if any) are also covered under this insurance scheme
o The policy covers medical expenses like hospitalization charges, nursing fee, anesthetics, room rent, and ambulance charges (if any)


How to apply for Star Health Insurance?

Well, till now, you must have understood the features, coverage, and benefits of different health insurance policies and why it is important to buy a health policy to sustain unplanned medical expenses. Any person willing to buy Star health insurance can get in touch with company’s customer service representative. Or they can also request a callback on the company’s website by entering their name and mobile number. Or else, they can visit directly to the company’s branch.