Tata AIG Wellsurance Executive Health Insurance

A health portal wherein the insured can get a personalised health tracking tool, read health and wellness related articles, check the list of networked hospitals, compare the medical costs at different hospitals, etc.

Offers and discount are also provided on health related services.

Discount on health check-ups at the company’s list of partnered hospitals.

The major coverage attractions of the plan are as follows –

• The plan covers nine specified critical illnesses. The critical illness sum insured is paid in lump sum in case the insured suffers from any of the covered critical illness
• If the insured undergoes a specified major or minor surgery, a fixed amount is paid. The amount depends on the type of surgery undertaken and the coverage variant selected
• Specific hospitalisation expenses are covered like nurse’s fee, doctor’s visit, medical investigations, inpatient physiotherapy, etc.
• A daily hospital cash benefit would be paid if the insured is hospitalised for an accident or sickness.
• If the insured undergoes major surgery, post hospitalisation expenses are also covered and a lump sum benefit is paid
• If hospitalisation exceeds 5 continuous days, a lump sum convalescence benefit is paid
• Cost of an ambulance is also covered up to a specified extent
• Five value-added coverage benefits are allowed under the plan. These include Healthline wherein the insured can avail consultations over the phone, health portal on which health-related information can be accessed, health query under which the insured can make any health-related query, discounted services for health and wellness and e-newsletter wherein health-related news is shared with the policyholder

Besides offering a good scope of coverage, the plan also offers the following benefits –

• The policy can be renewed lifelong if you continue with the coverage every year
• The premium paid for the plan would be allowed as a tax-free deduction up to a maximum of Rs.25,000 under Section 80D of the Income Tax Act
• Free-look period of 15 days is provided at the time of receipt of the policy

This policy is more of a fixed benefit policy which gives you a lump sum claim to meet your medical expenses and also non-medical expenses. The premiums are also affordable and the plan covers both hospitalisation as well as critical illness. Given the wide scope of coverage, the plan is a good buy.

You can buy the plan online from InsuranceDekho website which is an online platform for insurance policies. You can enter in your details and get the premium calculated instantly. By paying the premium online you can buy the policy instantly and get coverage at the earliest. 

The plan covers cancer, coma, major burns, first heart attack, multiple sclerosis, kidney failure, paralysis, stroke and total blindness.

Yes, a survival period of 30 days is applicable in case of critical illness claims.

The sum insured depends on the coverage variant chosen. For Classic plan the sum insured is Rs. 3 Lakh, for Supreme it is Rs. 5 Lakh and for Elite it is Rs. 5 Lakh.

All the plan variants cover ambulance costs up to Rs. 2000.