Who all can be covered under Magma HDI Arogya Sanjeevani policy?

You can purchase this policy for self, legally wedded spouse, dependent children, parents, and parents in-law. Dependent children can be added only if they are aged between 3 months and 25 years. If the child is aged above 18 years, and is independent, then he/she cannot be covered under the policy in subsequent renewals.

Can I buy Magma HDI Arogya Sanjeevani Policy on an individual sum insured basis?

Yes. You can purchase this policy on either individual or floater sum insured basis. On an individual basis, the sum insured will be applied to each individual family member. Whereas on floater basis, the sum insured will be applied to the entire family.

Is there any grace period provided under Magma HDI Arogya Sanjeevani Policy?

Yes. The policy provides a grace period of 30 days for yearly payment mode. Whereas, for all the other modes, a grace period of 15 days is provided to the policyholders.

Does the policy cover AYUSH treatments?

Yes. The policy covers expenses incurred on Ayurveda, Yoga and Naturopathy, Unani, Sidha, and Homeopathy systems of medicines for up to the sum insured limit.

Can I avail cashless treatment under Magma HDI Arogya Sanjeevani Policy?

Yes. You can avail the facility of cashless treatment in network hospitals under this policy. You can also avail the facility of reimbursement if required.

What are the sum insured options available under Magma HDI Arogya Sanjeevani Policy?

You can purchase this policy for sum insured options ranging between Rs. 1 lakh to Rs. 5 lakh in multiples of Rs. 50,000.

Will I get a cumulative bonus under Magma HDI Arogya Sanjeevani Policy?

Yes. The policyholders get a cumulative bonus of 5% for every year a claim is not made. This is subject to a maximum of 50% of the sum insured. Note that the bonus will reduce at the same rate in case you file for a claim.

What is the initial waiting period under Magma HDI Arogya Sanjeevani Policy?

To be able to enjoy benefits under this policy, the policyholders are required to complete a waiting period of 30 days from the date of inception of the policy.

What is the policy term for Magma HDI Arogya Sanjeevani Policy?

Magma HDI Arogya Sanjeevani Policy is available for a policy term of 1 year. The policy needs to be renewed thereafter.

What is the free look period under Magma HDI Arogya Sanjeevani Policy?

For Magma HDI Arogya Sanjeevani Policy, the free look period offered is of 15 days. The days are counted from the date of receipt of the policy.

Magma Arogya Sanjeevani Health Insurance Wordings

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Highlights

Cashless Approval TAT	Within 2 hours
Claim Settlement Ratio	90.00%
Network Hospitals	7,800+
Special Benefits	Modern treatments such as IVF, Psychiatric covered

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Magma Arogya Sanjeevani Policy Brochure

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Jun 17, 2020

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Magma Health Insurance Plan List

Critical Illness (1)
Family (2)
Individual (1)
Kids (1)
Maternity (1)
Parents (1)
Senior Citizen (1)
Woman (1)

Name of Plan	Sum Insured
OneHealth Insurance PolicyMin: 91 Days; Max: 65 YearsPopular	2 Lakh	Check Premium
Arogya Sanjeevani PolicyMin: 3 months; Max: 65 yearsPopular	1 Lakh - 5 Lakh	Check Premium
Corona Kavach PolicyMin: 1 day; Max: 65 years	50,000 - 5 lakh	Check Premium

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FAQs on Arogya Sanjeevani Policy Health Insurance Plan

Who all can be covered under Magma HDI Arogya Sanjeevani policy?
You can purchase this policy for self, legally wedded spouse, dependent children, parents, and parents in-law. Dependent children can be added only if they are aged between 3 months and 25 years. If the child is aged above 18 years, and is independent, then he/she cannot be covered under the policy in subsequent renewals.
Can I buy Magma HDI Arogya Sanjeevani Policy on an individual sum insured basis?
Yes. You can purchase this policy on either individual or floater sum insured basis. On an individual basis, the sum insured will be applied to each individual family member. Whereas on floater basis, the sum insured will be applied to the entire family.
Is there any grace period provided under Magma HDI Arogya Sanjeevani Policy?
Yes. The policy provides a grace period of 30 days for yearly payment mode. Whereas, for all the other modes, a grace period of 15 days is provided to the policyholders.
Does the policy cover AYUSH treatments?
Yes. The policy covers expenses incurred on Ayurveda, Yoga and Naturopathy, Unani, Sidha, and Homeopathy systems of medicines for up to the sum insured limit.
Can I avail cashless treatment under Magma HDI Arogya Sanjeevani Policy?
Yes. You can avail the facility of cashless treatment in network hospitals under this policy. You can also avail the facility of reimbursement if required.
What are the sum insured options available under Magma HDI Arogya Sanjeevani Policy?
You can purchase this policy for sum insured options ranging between Rs. 1 lakh to Rs. 5 lakh in multiples of Rs. 50,000.
Will I get a cumulative bonus under Magma HDI Arogya Sanjeevani Policy?
Yes. The policyholders get a cumulative bonus of 5% for every year a claim is not made. This is subject to a maximum of 50% of the sum insured. Note that the bonus will reduce at the same rate in case you file for a claim.
What is the initial waiting period under Magma HDI Arogya Sanjeevani Policy?
To be able to enjoy benefits under this policy, the policyholders are required to complete a waiting period of 30 days from the date of inception of the policy.
What is the policy term for Magma HDI Arogya Sanjeevani Policy?
Magma HDI Arogya Sanjeevani Policy is available for a policy term of 1 year. The policy needs to be renewed thereafter.
What is the free look period under Magma HDI Arogya Sanjeevani Policy?
For Magma HDI Arogya Sanjeevani Policy, the free look period offered is of 15 days. The days are counted from the date of receipt of the policy.

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Claim Process at Magma Health Insurance

Network Hospital
Non-Network Hospital

1
Claim Assistance
For any assistance or query, call InsuranceDekho at the toll-free number 755 1196 989.
2
Claim Intimation
Emergency hospitalisation needs intimation as soon as it occurs and for planned hospitalisation intimate as soon as it occurs prior to admission.
3
Claim Processing
Fill in the pre-authorisation form and hand it over to hospital's insurance/TPA desk to initiate claim request.
4
Claim Settlement
Once your request is approved, claim is settled. If not approved, claim for reimbursement after discharge.

1
Claim Assistance
For any assistance or query, call InsuranceDekho at the toll-free number 755 1196 989.
2
Claim Intimation
Emergency hospitalisation needs intimation as soon as it occurs and for planned hospitalisation intimate as soon as it occurs prior to admission.
3
Claim Processing
Submit claim form with original documents such as doctor’s reports, hospital bills, diagnostic tests, etc.
4
Claim Settlement
Once your request for reimbursement of expenses is approved, the claim will be settled.

Magma Health Insurance Contact Details

Reach us for help anytime

Insurance Dekho
755 1196 989Mon to Sun 10:00 AM to 7:00 PM
support@insurancedekho.com
Magma Health Insurance
1800266320224x7
customercare@magmainsurance.com