The HDFC ERGO Optima Plus Health Insurance Plan is a top up health insurance policy that covers higher hospitalization expenses at a nominal premium. Illnesses covered by the rider include neurosurgery, coronary artery bypass surgery, cancer, heart valve replacement and repair, pulmonary artery graft surgery, live donor organ transplant, bone marrow transplant and aorta graft surgery. If you miss renewing your policy within the grace period, then you have to buy new HDFC ERGO Health Insurance policy . Health insurance plans offered by the HDFC ERGO Health Insurance can be applied to through multiple channels like: Farhan Akhtar, its brand ambassador, is starring in a TVC series. Any change in benefits or premium (other than due to change in age) will be done with the approval of the IRDA and will be intimated at least 3 months in advance. March 3, 2016: Apollo Munich Health Insurance has launched a critical illness rider called Critical Advantage, which covers the insured on cashless basis along with treatment for eight illnesses abroad and the travel and accommodation cost of one family member. Alternatively, a customer may directly visit a branch of the company or get meet and agent personally to buy the plans required. Standard T&C apply. There is an option of taking additional cover for critical illness. A wants to apply for an Optima Restore Individual policy for himself for a value of Rs. 15 Lakh. *The information provided on this website/page is only for information sake. He approaches HDFC ERGO Health (formally known as Apollo Munich) willing to cover himself and spouse for a total of Rs. Following is the list of HDFC ERGO Health Insurance Plans with features and benefits. Apollo Munich Health Insurance, founded on 8th August 2007 as a joint venture between Apollo Hospitals Group and Munich Health, has become HDFC ERGO Health Insurance. Q10: Should the claim and supporting documents submitted to TPA directly or HDFC ERGO Health Insurance ? Accidental Hospital cash is provided in which a daily cash amount is paid for each continuous and completed period of 24 hours if the insured person is hospitalized for more than 24 hours, due to an accident. 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The increasing cost of medical treatment at the hospital has led to the increasing demand for health insurance plans. HDFC ERGO Health Insurance Limited strives to become a trusted leader in the health insurance industry; it provides simple yet innovative solutions for health insurance. 10, 00,000. Feted as one of the most trusted health insurers in Indian Insurance Sector, HDFC ERGO Health offers a wide gamut of health insurance plans with many advantages and benefits to fit every budget and requirement. The two companies successfully merged on November 13, 2020 after the merger approval was given by the National Company Law Tribunal and the IRDAI. March 3, 2016: HDFC ERGO Health Insurance has launched a critical illness rider called ‘Critical Advantage’, which covers the insured on cashless basis along with treatment for eight illnesses abroad and the travel and accommodation cost of one family member. HDFC ERGO Health Insurance Ltd. (Formerly Apollo Munich Health Insurance) 1st Floor, SCF-19, Sector-14, Gurugram-122001, Haryana. Initially it would look like “6000013840” and a number is added to it every year at the time of renewal, ... HDFC ERGO Health Insurance Ltd., IRDA Registration No. The company has started its services with the thought of “Let’s Uncomplicate” to offer comprehensive health insurance plans for individuals, senior citizens, families and … The HDFC ERGO Health wallet plan is an individual health insurance policy that offers coverage to both individuals and family members. Also, with this deal, HDFC ERGO Health Insurance has acquired nearly 8% share in the health insurance retail market and is providing cover to over 40 lakh people. This policy is recommended, however, if you are looking for a wider coverage, consider higher variants of Apollo Easy Health Plan. The company's motto is 'Let’s uncomplicate', which shows its focus on providing effective yet simple solutions for every healthcare need. What is the difference between term insurance, life insurance and health insurance? Points to Consider. C a 45-year individual and needs health insurance for his family, including himself, his 43-years-old wife and 2 children - aged 12 and 7 years, respectively. Critical Advantage rider offers you cashless cover with no co-pay clause to go abroad for the treatment. Moreover, it covers joint accidental hospitalization expenses for two or more insured members. HDFC ERGO Health provides a vast array of health insurance plans that caters to individuals, families, senior citizens, and corporate houses as well. The insurer provides 30 days grace period, in case you miss the renewal due date. Sickness Hospital cash is provided in which a daily cash amount is paid for each continuous and completed period of 24 hours if the insured person is hospitalized for more than 24 hours, due to sickness. • Grace period of 30 days for renewing the policy is provided. If the customer has a second, subsequent no-claim year then their basic sum insured is raised by 100%. After this unification, HDFC Ergo has become the second largest private insurance providers in the health and accident insurance sector with expansion of its product range to more than 50 in this segment. It has even been awarded the title of ‘Health Insurance Company of the year’. One can buy this rider along with Easy Health and Optima Restore plan with an annual premium ranging up to 10 lakhs or greater, aiming at getting covered the cost of treatment of specific illnesses that might incur during the treatment of an ailment in the abroad. Blog post currently doesn't have any comments. However, the policy requires timely renewal. If your policy expiry date is missed, then also you can make the payment, as many insurance companies provide a grace period of up to 7 days, whereas some companies show some leniency by providing a grace period of up to 15 days. HDFC ERGO General Insurance Company offers 30 days grace period to renew your policy. They can provide their name, mobile number and email id on the website of the company and request for a callback. The payment for renewal can be made 60 days before the policy expiry date. The Health Wallet Individual Insurance policy by HDFC ERGO Health has some add-on benefits such as restore benefit, which reinstate the basic sum assured if the policyholder exhaust it in the term of the policy and multiplier benefit that rewards him/her for each claim free year automatically. Coverage is not available during the grace period. 2) All pre-existing diseases will be covered after a waiting period of 3 years from the policy date. The self and spouse may be covered under the plan on an individual sum insured basis. One can pay premiums for 2 years and get discount of 7.5% on the total premium. The company is all set to introduce Critical Advantage, which covers up to eight critical illnesses that can be treated abroad, and will also take care of the travelling expenses and accommodation expenses for the insured and a person accompanying the insured. 06 Registration Code No. 101,First,Inizio,Cardinal Gracious Road, Chakala, Oppposite P & G Plaza, Andheri (East), Mumbai Mumbai City MH 400069 IN, HDFC ERGO Health Insurance Ltd. (formerly Apollo Munich Health Insurance) iLABS Centere, 2nd & 3rd Floor, Plot No 404-405, Udyog Vihar, Phase-III, Gurugram, Haryana 122016, For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. And if you fail to make the payment then your insurer can deny your renewal request even if you want to make the payment. Accidental ICU Cash is provided in which twice the daily amount is paid for each continuous and completed period of 24 hours if the insured person is hospitalized for more than 24 hours, due to an accident. 100,000 and a maximum of Rs. Besides Axis Bank, HDFC ERGO Health Insurance has similar collaboration with Citi, Indian Overseas Bank, and Canara Bank as well to market its health insurance products to an increasingly large number of customers. 1000, Rs. Convalescence cash is provided in the form of a lump sum amount if the insured person is hospitalized for more than 7 continuous days. Renewal premium is calculated based on insured age at the time of renewal. The hospitalization expenses are covered without any co-pays or sub-limits. 10, DLF Cyber City, Phase -II, Gurgaon, Haryana-122002 Registered Office: Apollo Hospital Complex, Jubilee Hills, Hyderabad - 500033: Mail to Below-mentioned are a few instances where you can calculate the premium by using the health insurance premium calculator provided by the company: HDFC ERGO Health Insurance launched its latest ad spot for ‘#BeWinsured’ campaign to highlight its Health Wallet plan, launched under a fresh category ‘Winsure’. Standard T&C apply. 48 months for pre-existing diseases (can be reduced to 1 year on continues renewals). Apollo Munich Easy Health Insurance plan is a basic health insurance plan which can be taken as an Individual or as a Family floater ie., for the entire family. There is an option of taking additional cover for critical illness. The HDFC ERGO Optima Cash Health Insurance Plan is a top up health insurance policy that offers daily cash benefit cover in case of hospitalization due to an accident or illness. Additionally, there are varied sum insured and deductible options. The HDFC ERGO Easy Health Exclusive Insurance Plan offers coverage on family floater basis with optional cover for critical Illnesses. Get Energy – Diabetes Health Insurance Plan from HDFC ERGO - A plan for diabetes and hypertension that won’t keep you waiting even for 1 day. Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana - 122001, IRDAI Web aggregator Registration No. January 2020 saw the completion of the acquisition process of 51.25 percent shares of Apollo Munich Health Insurance. 3000 on a daily basis, In case of hospitalization for more than 24 hours, Coverage for expenses incurred before 15 days of hospitalization, Coverage for expenses incurred after 15 days of hospitalization. The policyholder gets a 100% restoration of the basic sum insured on the first claim during the policy term. The merger has been completed with the consent from the IRDAI (The Insurance Regulatory and Development Authority of India). Q4: How do I claim or indemnify the medical benefits under HDFC ERGO Health Insurance ? Grace Period of 30 days for renewal.