Tata AIG MediPrime

The Tata AIG MediPrime plan is a health insurance policy that aims to reimburse the cost of medical treatment done by a person for any injury, illness or accident. The hospitalization costs and expenses that are incurred to undergo day-care treatments which do not require the person to be admitted in the hospital are borne by the company. The best part of the plan is that it can be renewed for life and it has no sub limits. The policy also provides for accidental dental treatment and non-allopathic in-patient treatments like homeopathy etc.

The benefits given by the policy are

  • Expenses related to the organ donor in case of a transplant are covered by the policy.
  • Coverage is there for any kind of non-allopathic in-patient treatments like Ayurvedic, Unani or Homeopathy under the policy.
  • Emergency ambulance cost is also covered by the policy.
  • The sum that is insured can also be enhanced at the time of renewal.
  • Any kind of pre existing diseases will be covered after a waiting period of 48 months from the date of commencement of the policy.

Some additional benefits given by the policy are

Provides cash benefit for accompanying on hospitalization of an insured child.
Cumulative bonus of 10% increase of the annual Sum Insured for every claim free year is given. Also covers health check-up expenses on every 4 years of continuous renewals.

You can buy the policy from

If you want, you can also buy the policy online with the help of credit cards and debit cards. Net banking is also available on the site with the help of which you can buy the policy. They also have a 24*7 helpline available on their available which is equipped with trained customer service executives to help you throughout the process. Click on the link below to know more about the policy and its features.

Some of the key features of the policy include

The coverage of the policy ranges from Rs. 2 Lac to Rs.10 lac. There is no sub limits for treatments and hospitalization benefits that the policy covers. The policy also gives an assured renewal of policy for life. There is no loading on renewal in case of a claim. There is no use of Third Party Administrators or TPA to process claims. The company has a direct claim service team. There is inpatient and outpatient coverage for accidental dental treatment.

The additional features of the policy are

Along with all these above mentioned features, the Tata AIG MediPrime Plan also covers non-allopathic in-patient treatments like Ayurvedic, Unani or homeopathy. The policy also covers most day care procedures. There is also a facility of no medical check-up upto 45 years and up to sum Insured of Rs. 5 lac.

Some exclusion to the policy is

Any kind of pre existing diseases will not be covered for the first 4 policy years if there have been continuous renewals from the policy start date. Any kind of treatment that is to be done in the first 30 days from the commencement of the policy unless there is an accident or emergency for the treatment is also excluded from the coverage of the policy. There are specific durations for different diseases. Some offer a waiting period of 24 months. HIV/AIDS and related diseases along with mental disorders, attempted suicide, treatment of obesity, maternity and related diseases are a few diseases that are excluded from the coverage of the policy.

The eligibility criteria to the policy are

No restrictions on the choice of the hospital.

There is a 24 hour worldwide coverage.

The premium does not increase with age.

The policy also provides protection upto 75 years of age.

Some of the additional features are

Along with the above mentioned features, the TATA AIG Maharaksha Insurance policy also features a daily cash benefit for hospitalization for upto 365 days. There is also a special feature given by the company which states that there is a double claim benefit which means that the policyholder can make claim from this policy even if they have another policy.

The policy also covers

Fractures and 2nd and 3rd degree burns are something that the policy covers. The policy also covers dislocations that require surgery under the effect of anesthesia. Internal injuries, loss of activities of daily living, daily cash benefit for hospitalization are also included under the policy. Along with all these, there is also a feature of accidental death benefit.

  • Individual
  • 3 dependents members of the family.

The exclusions to the policy are listed

Any kind of pre existing conditions and complications arising from it are excluded from the coverage of the policy. Any injury caused to the benefactor due to criminal and terrorist acts, war, invasion etc are not covered under the policy. HIV and AIDS or related diseases are also not covered under the policy. Any kind of participation in adventure sports and injury caused by it are excluded from the coverage of the policy. No claim can be made within the first 31 days from the commencement of the policy according to the policy paper. Any kind of injury caused due to the use of drugs or alcohol or any kind of suicide or self inflicted injury are also excluded from the policy.

Eligibility criteria of the policy are

Coverage Amount in Rupees 2,00,000 10,00,000
Policy Term in years 1 1
Entry Age in Years 18 18
Renewable till age in years Lifelong

Other companies providing similar policies are listed as under

  • HDFC Ergo Health Suraksha
  • Apollo Munich Optima Restore Health Insurance
  • ICICI Lombard Family Floater Health Insurance