Magma Health Insurance FAQs

Yes, every insured needs to be admitted for at least 24 hours in the hospital to get a claim. In the case of daycare procedures only, the duration can be less than 24 hours.

The policyholders can avail the cashless facility at our network hospital or can ask for claim as reimbursement. With Magma, claims are now easy to access. You just need to download "Magma HDI" mobile app or visit the website "www.magma.co.in" to avail any of the following:

• Intimate and track claims
• Avail wellness services
• Download forms
• Search hospital for cashless facility
• Access your policy features and health card and more

You can intimate your claims at toll-free number 18002663202. Also, you can e-mail the claim details at customercare@magma.co.in.

There are four variants available under OneHealth Policy namely - Support, Support Plus, Shield and Premium, which offers cover for critical illness.

Different variants of OneHealth Policy offer different coverage for critical illnesses, which are as follows:

• Variant 1 and 2: Support and Support Plus: Equal to sum insured
• Variant 3: Shield: Equal to sum insured or Rs. 10 lakh, whichever is lower and
• Variant 4: Premier: Rs. 10 lakh

Yes, OneHealth Policy of Magma provides cover for the critical illness treatment.

Under OneHealth policy of Magma, the critical illness cover is provided as an optional benefit. Anyone who is aged between 18 years to 65 years can apply for this policy and opt for this benefit.

Magma provides the health insurance plans for individuals and families both. The same plan can be purchased on an individual or family floater basis with the change in the sum insured and premium amount.

OneHealth Insurance Policy is the ultimate Magma family health insurance plan that every individual who wishes to insure themselves as well as their family members should buy.

No! Unfortunately, sum insured cannot be changed during the policy tenure of your Magma family health insurance policy. Any changes, if desired, can be requested at the time of policy renewal.

Magma family health insurance policy OneHealth Insurance Policy offers advantages such as massive coverage, lifelong policy renewal, cashless treatment facility at 4,300+ network hospitals, easy claim settlement, Fitness Rewards & Applicable Wellness Services, restoration of the sum insured, free health check-up, cumulative bonus, affordable premium, etc.

Magma family health insurance policy covers expenses incurred on in-patient care, pre & post hospitalization, organ donor expenses, psychiatric treatment, IVF treatment, daycare treatment, domiciliary hospitalization, AYUSH treatment, e-opinion for any specified critical illness, air ambulance cover, worldwide emergency hospitalisation cover, cover for maternity, newborn baby and vaccination according to the variant purchased and more.

Yes! Magma family health insurance policy offers tax benefits as per Section 80D of the Income Tax Act, 1961.

No, Magma holds no separate individual plan for kids. But, your 5-year-old daughter can get covered either with you or your wife in either individual or floater plans.

Yes, Magma offers the AYUSH treatment cover. The limit of coverage depend on the chosen variant. As per the Support variant, the expenses of the AYUSH treatment are covered up to 10% of the sum insured. Under the Support Plus variant, the costs of the AYUSH treatment are covered up to 50% of the sum insured. While under the Shield and Premium variants of the plan, the coverage is provided up to the sum insured amount.

Yes, the insurer offers the coverage for daycare treatments up to the amount of sum insured.

Yes, the coverage for bariatric surgery is provided up to Rs. 1 lakh.

Yes, Magma offers the cover for pre-hospitalisation and post-hospitalisation medical costs for 30 and 60 days for Support and Support Plus variant, while for 60 and 90 days for Shield and Premier variant.

Yes, under OneHealth policy of Magma , the personal accident cover is provided as an optional benefit. Also, the insurer has one more dedicated plan offered to its customers, known as Individual Personal Accident, to cover the treatment for injury due to accidents.

The Magma General Insurance company have 4,100+ network hospitals.

The customer care service of Magma General Insurance Firm is available 24*7. So, customers can call anytime.

The customer care number of Magma General Insurance Firm is 1800-266-3202.

The toll-free number of Magma Health Insurance is 1800 266 3202.

To buy a health insurance plan from Magma General Insurance, proposers can either visit Magma's official website, i.e. www.magma.com or can purchase it from a reliable name in the health insurance sector, i.e. insurancedekho.com.

Yes! Magma individual health insurance policy provides tax benefits as per Section 80D of the Income Tax Act, 1961.

Magma individual health insurance policy provides cover for in-patient care, pre & post hospitalization, daycare treatment, domiciliary hospitalization, organ donor expenses, psychiatric treatment, IVF treatment, AYUSH treatment, e-opinion for any specified critical illness, worldwide emergency hospitalisation cover, air ambulance cover, cover for maternity, newborn baby and vaccination under specific variant, etc.

Vast coverage, easy claim settlement, lifelong policy renewal, cashless facility at 4,300+ network hospitals, Fitness Rewards & Applicable Wellness Services, restoration of the sum insured, cumulative bonus and free health check-up are some of the key advantages of the Magma individual health insurance policy.

No! You cannot change the sum insured amount during the policy tenure. However, changes to the sum insured amount can be made at the time of policy renewal.

Magma individual health insurance is a perfect health insurance option for any individual who has a higher health risk or already has his parents covered for health insurance.

Yes, Magma insurance company provides a discount of 10% on purchasing the plan for a tenure of 2 years and 12.5% on buying the plan for 3 years.

A wide range of sum insured is offered under the Magma individual policy that ranges between Rs. 2 lakh and Rs. 50 lakh under different variants.

Any individual person between the age group of 18-65 years is eligible to get the coverage under Magma. Besides, if either parent is covered, the dependent kids above the age of 5 years are also eligible to get the coverage under the individual policy.

The key advantages of Magma kids health insurance cashless facility at 4,300+ network hospitals, lifelong renewability, comprehensive coverage, sum insured up to Rs. 50 Lakh, free health check-up, cumulative bonus, hospital cash benefits, restoration of the sum insured, discount on long-term policy purchase, etc.

No, not during the policy tenure! However, you can change your sum insured amount at the time of policy renewal.

Magma kids health insurance is a must buy for all parents who want to secure their dependent children under their health insurance coverage.

The benefits offered under the Magma health insurance plan for children comprises of pre & post hospitalisation, in-patient care, daycare procedures, vaccination charges, AYUSH treatment, domiciliary hospitalisation, free health check-up and so on.

Yes, any kid who is 5 or above is eligible to get the coverage under the individual plan by Magma.

The kids are not allowed to get covered alone under any health insurance plan. For their coverage, either of their parents needs to be covered under a policy. However, the children from the age of 5 years are allowed to be covered under individual plans, and kids from the age of 91 days are eligible to be covered under family floater plans.

A waiting period of 4 years is applicable to avail the maternity benefits under the Magma.

Yes, women are offered with the maternity cover option for up to Rs. 1 lakh.

Magma maternity health insurance policy provides maternity, newborn baby and vaccination for the newborn baby. Other features covered include in-patient care, pre & post hospitalization, domiciliary hospitalization, daycare treatment, IVF treatment, AYUSH treatment, and many more.

Yes! Magma maternity health insurance policy grants tax benefits as per Section 80D of the Income Tax Act, 1961.

Easy claim settlement, lifelong policy renewal, vast coverage, cashless facility at 4,300+ network hospitals, free health check-up, Fitness Rewards & Applicable Wellness Services, cumulative bonus, restoration of the sum insured are a few prime benefits of Magma maternity plan.

No! Unfortunately, the sum insured amount of Magma maternity health insurance cannot be changed during policy tenure. The desired change can be made at policy renewal time.

Magma maternity health insurance is a must buy for women and married couples planning to start a family in the coming years. OneHealth Insurance Policy is a reliable maternity health insurance one can have when the need arises.

Various advantages of Magma parents health insurance include easy claim settlement, vast coverage, lifelong policy renewal, cover for self and spouse, cashless facility at 4,300+ network hospitals, free health check-up, cumulative bonus, restoration of the sum insured and multiple others.

Yes! Magma parents health insurance comes with the feature of tax benefits per Section 80D of the Income Tax Act, 1961.

No! Sum insured amount changes cannot be made during the policy tenure of Magma parents health insurance. If you want to increase or decrease the amount, the ideal time would be policy renewal.

Magma parents health insurance policy is the ultimate purchase for any individual who is less than 65 years of age and wishes to insure themselves against unexpected medical expenses that may appear in a medical emergency takes place.

Yes, Magma offers the feature of lifelong renewability under the health insurance plans which allows the parents to get covered.

The maximum entry age for parents differs from policy to policy. But, Magma does offer plans with the maximum entry age of 65 years.

The Magma allows the parents to get their children covered under two plans provided by Magma such as Individual Personal Accident Policy and OneHealth Insurance Policy.

Yes, the outpatient cover is offered by the OneHealth Plan of Magma under its Premium variant.

Yes, the charges for in-patient care under the health insurance plan by Magma are covered.

Yes, Magma complies with the IRDA guidelines for implementing the portability feature.

Yes, Magma provides the portability option to its policyholders, which allow the policyholders to switch from a similar plan of other health insurers to a plan of Magma .

The premium for Magma health plans starts at Rs. 3,998* per annum. *The premium is subject to change.

Yes, the policyholders can earn fitness reward points maximum up to 10% of premium by participating in Fitness Rewards and Wellness Services.

Yes, Magma health insurance firm provides the discounts for opting multi-year policies. A 10% discount is given for choosing a 2-year tenure policy, while 12.5% discount is allowed for selecting a 3-year tenure plan.

Following are the basic factors that are used to compute and influence the premium amount of Magma:

• Policy term
• Sum insured
• Age of insured
• Gender
• Number of members
• Medical history

Some of the key advantages of Magma senior citizen health insurance include superior cover, lifelong policy renewal, cumulative bonus, restoration of the sum insured, cashless facility at 4,300+ network hospitals, free health check-up, and various others.

No, you cannot as it is not allowed by the insurer. However, you can make the desired changes in your sum insured amount at the time of renewing your Magma senior citizen health insurance.

Magma senior citizen is an excellent policy for the elderly aged up to 65 years to get themselves secured for unexpected medical expenses that may incur during a medical emergency situation.

Magma senior citizen health insurance policy covers inpatient care, pre & post hospitalization, domiciliary hospitalization, daycare treatment, AYUSH treatment, organ donor expenses, second medical opinion in case of specified critical illness, etc.

Yes, the Magma offers the lifelong renewability for senior citizens under OneHealth Insurance Policy.

Magma covers the people above the age of 60, i.e., senior citizens under its plan called OneHealth Insurance Policy.

Yes, senior citizens can be covered under the health insurance plan of Magma as it gives the coverage up to 65 years of age.

Payment of premium can be made by any mode other than cash to get the eligibility for tax benefit as per the section 80D of the Income Tax Act 1961.

Yes, the policyholders can save their taxes on the amount of premium paid for the policy as per Section 80D of IT Act.

The Magma doesn’t offer any separate top-up policy, but you can convert the OneHealth Insurance Policy into a top-up policy by opting aggregate deductible optional cover and by paying the applicable discounted premium. The claim in a policy year becomes payable by the Magma only after the deductible limit is crossed.

Yes! Magma woman health insurance provides tax benefits according to Section 80D of the Income Tax Act.

Magma woman health insurance policy, OneHealth Insurance Policy provides cover for inpatient care, pre & post hospitalization, maternity expenses, newborn baby cover, vaccination expenses for newborn baby, AYUSH treatment, organ donor expenses, domiciliary hospitalization, daycare treatment, second medical opinion in case of specified critical illness, and more.

Prime advantages of Magma woman health insurance lifelong policy renewal feature, cashless facility at 4,300+ network hospitals, superior coverage, free health check-up, cumulative bonus, restoration of the sum insured, discount on long-term policy purchase, etc.

No! Unfortunately making sum insured changes during the policy tenure are not allowed. However, you can request the same at the time of policy renewal.

Magma woman health insurance is the perfect health solution for any woman planning to secure herself and her family against any medical emergency situation and the financial instability that may come with it. Women looking forward to getting maternity and newborn baby charges covered should also buy the cover.

Yes, Magma provides the newborn baby coverage in addition to maternity benefits up to Rs. 50,000.

Yes, the women policyholders can buy the plans of Magma.