Star Health Insurance Announces Re-launch of “Family Health Optima” with Unique in Built Additional Features

• Instant Recharge Benefit – avail free of cost extra sum insured for single or multiple claims if and when the policy sum insured gets exhausted

• Pre & Post Hospitalization benefits extended : This is for a period of 60 & 90 days respectively and there are no caps

• Cover for new born baby : The policy gives automatic coverage of the new born baby for 10% of sum insured up to 15 lakhs

• Automatic Restoration of Sum Insured : There shall be automatic restoration of the Basic Sum Insured once immediately upon exhaustion of the limit of coverage which has otherwise been defined during the policy period subject to the following terms and extent thereof

• Donor expenses for transplant of organ (organ harvesting): Medical expenses incurred by the organ donor for undergoing any organ transplant surgery for 10% of sum insured up to 1 lakh

• Unlimited Domiciliary Hospitalization Expense: The policy offers unlimited Domiciliary Hospitalization expenses exceeding 3 days.

• Health Check-up costs: The policy provides free health check-up costs up to Rs. 5, 000 after every 3 years of policy run irrespective of whether a claim has been made or not

With the steep rise in healthcare expenses combined with the rapid rise in the number of illnesses, health insurance coverage becomes essential and relevant for all. Star Health, with the aim of enhancing health insurance solutions in the country, has hence announced the re-launch of “Family Health Optima cover”, one of its flagship products for its health insurance policy customers.

What makes the “Family Health Optima cover” unique is the fact that it offers protection for the entire family under one single sum insured.More than 9 Lakh family health optima policies have been sold across India from September, 2013 to September, 2014. This product is designed keeping in mind the needs and demands of our customers, such as:

• A single cover which can be availed by persons aged 18 to 65 years and dependent children from 16 days to 25 years

• The cover is available for 400+ day-care procedures

• Life time renewal and the sum insured options range from Rs. 2-15 lakhs

• Bonus can be earned up to 35% of sum insured – free of cost

Speaking on the launch, Dr. S. Prakash, Executive Director at Star Health and Allied Insurance Company, Chennai, India said, ” At Star Health, we constantly try and innovate to enhance our customer offerings and provide superior product and enhanced services to our customers. With the new Family Health Optima, we are offering timely and much required support to our customers during their hour of need. This will ensure that our customers derive the maximum benefit out of their insurance policy and we will strive hard to establish ourselves as a solution provider rather than just a product provider to the customers ”

Some of the unique features available of the new add-on cover include:

Instant Recharge Benefit : The customer can avail free of cost extra sum insured for single or multiple claims if and when the original sum insured becomes insufficient

Cover for new born baby : The policy gives automatic coverage of the new born baby for 10% of sum insured up to 15 lakhs

Donor expenses for transplant of organ (organ harvesting ): Reimbursement of medical expenses incurred by the organ donor where the insured is the recipient upto 10% of sum insured up to 1 lakh

Unlimited Domiciliary Hospitalization Expense: The policy offers unlimited Domiciliary Hospitalization expenses exceeding 3 days.

Check-up costs : The policy provides check-up costs up to Rs. 5, 000 after every 3 years of policy run

Pre & Post Hospitalization benefits extended : This is for a period of 60 & 90 days respectively and there are no caps.