Eligibility :

All individuals in the age group of 5 years to 65 years

Eligibility for Insurance Cover :

Plan A : Primary account holders, spouse + 2 dependant children
Plan B : Primary account holders, spouse + 2 dependant children + Parents 
Dependant children means: male child up to 21 years; female child up to 25 years or marriage/employment, whichever is earlier

Age Limit :

  • 5 years to 65 years without medical examination
  • Children between 3 months and 5 years can be covered provided one or both parents are covered concurrently
  • Lifetime renewal can be done provided policy is continuous without any break
  • Grace period of 30 days from the date of expiry of policy is available for renewal of policy

Sum Insured :

  • Minimum Rs 50,000/- and in multiples of Rs 50,000/-; Maximum Rs 5 Lacs
  • Sum insured can be increased by two slabs only on every renewal of policy
  • Sum Insured is on Family Floater Basis

What is Covered :

  • Hospitalisation expensed for medical/surgical treatment arising out of any disease/illness/accident including pre-hospitalisation related expenses up to 30 days and post hospitalization related expenses up to 60 days
  • Personal Accident Death Cover : Primary account holder: 100% of mediclaim sum insured, spouse: 50%; Child above 12 years : 20%; child up to 12 years: 10%. Personal Accident cover is not available for parents

Policy Period :

  • 12 months
  • Risk to commence from date of debit of premium to primary account holder’s account

Nomination Facility :

Available

Income Tax Rebate :

Available under Section 80D of Income Tax Act

 

Premium Chart of Mahabank Swasthya Yojna

Premium in actual Rupees excluding GST
Sum Insured0.50 L1.00 L1.50 L2.00 L2.50 L3.00 L3.50 L4.00 L4.50 L5.00 L
PLAN A - Premium1229238134924500538162887076786486539436
PLAN B - Premium205939755831750089831047511780130851439015700

 

List of Network Hospitals: <Click Here>

MahaBank Swasthya Yojana