Magma Health Insurance for Parents

Medical emergencies put a lot of strain on parents during their retirement age. That’s why Magma HDI offers medical coverage for parents under its OneHealth Insurance policy and let parents experience happy second innings. OneHealth policy proves to be a boon, especially when your parents plan to retire and live on pensions or savings. This policy covers all kinds of medical expenses incurred by them during this golden period.

Key Features

• The policy can be availed on an individual and floater basis
• 4 variants under the plan, namely Support, Support Plus, Shield, and Premium
• A range of sum insured from Rs. 2 Lakh to a maximum of Rs. 50 Lakh
• Payment of Rs. 500 to Rs. 1,500 per day as hospital cash benefits
• On choosing 2-year policy tenure, 10% discount and on 3-year tenure, 12.5% discount
• Options to renew the policy lifetime in a hassle-free way
• Benefits of cumulative bonus and free health check-up

Scope of Coverage

• AYUSH cover: For treatments like Ayurveda, Homeopathy, Unani, Siddha, etc.
• Cover for self, spouse, dependent children, parents, parents-in-law, and more
• Pre & post-hospitalisation under all the four variants of the policy
• Worldwide emergency hospitalisation and air ambulance cover under the Premium plan
• Second medical opinion if there is a case of a specified critical illness
• Expenses for daycare, domiciliary hospitalization and organ donor
• Room rent, fee of treating doctor/surgeon, OT charges, drugs, etc.

Eligibility

Your parents can opt for OneHealth Insurance up to the maximum age of 65 years. Beyond that, he or she can renew the policy lifetime. However, the minimum age for adults is 18 years and 91 days to 5 years for children.

Exclusions

• No claim for injuries/ailments arising from use/abuse of alcohol or drugs
• Any injury developed owing to riot, war, military operation, etc.
• Exclusion of critical illness until the waiting period of 90 days
• Treatment related to external congenital anomaly and disorders
• AIDS, HIV or any other related ailments

Get to know more about OneHealth Insurance policy and its benefits for parents by talking to our experts. InsuranceDekho is a trusted brand to buy health insurance. For any assistance, dial our toll-free number 1800-120-5698.