The Aditya Birla Activ Health Essential Policy is a medical health insurance policy which provides cover as well as rewards if the policyholder maintains a healthy lifestyle. The Activ Health Essential Policy comes with the benefit of HealthReturns. This policy is specially designed to boost healthy living.
|Tax Benefit on Premiums Paid u/s 80D of Income Tax Act, 1961|
|Flexibility in choice of the hospital room|
|Cumulative bonus of 10% of the sum insured for every claim-free year. Maximum accumulation of 100% of the sum insured|
|527-day care procedures are covered|
|Day 1 cover for chronic diseases like diabetes, high cholesterol, hypertension, etc. with Chronic Management Program|
|HealthReturns – Earn up to 30% of your policy premium back by staying healthy|
The minimum entry age is 91 days and there is no maximum entry age. Children up to 25 years can be covered under the floater as dependents. The family floater plan covers up to 9 members (6 Adults+3 children) comprising of self, spouse, dependent parents, dependent parents-in-law, children up to 25 years (up to 3).
The Following is The List of Permanent Exclusions under this policy –
There Are Two Types Claims – Cashless and Reimbursement. The Steps for Making the claims are as follows –
A) Cashless Claim –
b) Reimbursing A Claim –
In case of an emergency, the policyholder will be required to intimate the insurer within 15 days of getting discharged from the network hospital and submit the following documents –
After submitting the required documents, the insurer will either approve/reject the claim accordingly. And the amount will be reimbursed via NEFT to the policyholder’s registered bank account.
Can I cancel the policy if I didn’t like its terms and conditions?
Yes, the policyholder can cancel the policy within 15 days from the date of receipt of the policy if the policy is not acceptable to the policyholder. This period is called the Free Look Period. But if the policy is purchased through distance marketing then the free look period will be 30 days. The free look period will not be available on the Renewal of the policy.
If the policyholder has not made any claim during the free look period, then the policyholder shall be entitled to
What if my policy is active for 4 years but I am unhappy with the service of the company. Can I get any refund at this stage?
In case the policyholder is not satisfied with the policy or companies services, then the policyholder can request a cancellation of the policy by giving 15 days’ notice in writing. The premium shall be refunded as per the table below if no claim has been registered/ made under the Policy and no benefits under the Policy have been availed in full or in part and full premium has been received.
So, by now you know each and every important detail of this Activ Health Essential Policy by Aditya Birla. Do let me know if I have missed any important points in the comment section. Please feel free to ask any doubts regarding this policy.
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