United India Health - Family Medicare Policy

Invest In Tax Saving Mutual Funds Online

Download Tax Saving Mutual Fund Application Forms

Buy Gold Mutual Funds

Call 0 94 8300 8300 (India)

United India Health- Family Medicare Policy

	Objective			This policy aims to cover all family members under a single policy and reduce multiple policy handling costs and efforts.
Suited for			This policy is suitable if you are looking for a single policy to cover your family.
What does it do?			It works like any other floater health insurance policy that provides medical expenses incurred in treating a covered ailment. A floater cover is beneficial as any insured family member can use the cover if need arises, up to maximum of the sum insured. The policy also pays a daily cash benefit of Rs 250 or 500 on paying extra premium. Daily cash allowance can be used to pay for any other daily expenses which are not covered under the policy.
Pros			This policy can be bought online through company's website and premium paid is eligible for tax benefit under section 80D of the Income Tax Act.
Cons			There are sub-limits on room rent, boarding and ICU charges. A 10 per cent deductible is applicable on all admissible claims for persons above 60 years of age. Deductible is the amount that the insured will have to shell out of his pocket before the insurance company pays the claim.
Our View			This family floater gives a basic coverage for hospitalisation expenses along with sub-limits on certain benefits. However, it is fairly priced for the benefits offered. A policy without any sub-limits is preferred over policies containing limits. So, if your budget allows, consider other policies without sub-limits.
Eligibility
Entry Age (years)
Minimum		18
Maximum		80
Coverage Type		Family floater
Policy Term (years)		1
Sum Insured (Rs)
Maximum		1000000
Minimum		100000
Discount		No claim discount of 3% on premium after three continuous claim free years and subsequent years subject to a maximum of 15%
Pre Policy Medical Check Up		Not required upto 45 years of entry age
Policy Termination		Insurance company may cancel the policy by giving a 7 days notice period. Insurance company in such a case will repay the pro-rata premium to the insurer if claim has not been made. Insurer may also cancel the policy at any time.
Customer Service
Address		United India Insurance Co. Ltd. 24, Whites Road, Chennai - 600014
Mail to		customercare@uiic.co.in
Call to		1800 425 333 33(toll free), 91-044-28520161

 

	Scope of Cover
Cashless facility		available if treatment availed in a network hospital
Reimbursement facility		available if treatment availed in a non-network hospital
Pre and post hospitalisation		covers medical expenses incurred during 30 days prior to admission to hospital and 60 days after discharge upto maximum of 10% of Sum Insured
Inpatient hospitalisation		covered
Room rent, boarding and nursing expenses		covered upto 1% of sum insured per day
I.C.U charges		covered upto 2% of sum insured per day
Surgeon, anaesthetist, medical practitioner, consultants, specialist fees, blood, oxygen, chemotherapy, Radiotherapy, Artificial limbs, Cost of prosthetic devices implanted during surgical procedure like pacemaker etc., X-Ray		covered
Other benefits
organ donor's hospitalisation expenses		medical expenses for treatment of organ donor in case of major organ transplant is covered
Cost of health check-up		reimburses an amount upto maximum of 1% of average basic sum insured once after every 3 continuous claim free years
Cataract		10% of SI subject to maximum of Rs25000
Hernia		15% of Sum Insured subject to maximum of Rs.30000
Hysterectomy		20% of Sum Insured subject to maximum of Rs.50000
Following Specified major surgeries -i. Cardiac Surgeriesii. Cancer Surgeriesiii. Brain TumourSurgeriesiv. Pacemaker implantationFor sick, sinussyndromev. Hip replacementvi. Knee joint replacement		70% of Sum Insured subject to maximum of Rs.4 Lac
Optional benefits (require extra premium)
Ambulance charges		covered upto Rs 2500 per policy period upon payment an additional premium of Rs 100
Daily Cash benefit		allowed

 

	Exclusions and Waiting Period
Pre-existing illnesses		will be covered after 4 continuous renewals with the company
No claim period		initial 30 days since inception of the policy
Waiting period		certain illnesses such as Hernia, Piles, Cataract, Hypertension, Diabetes etc, will be covered after a waiting period of 2 years
Deductible		10% applicable on all admissible claims for persons above 60 years of age

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

You can write back to us at PrajnaCapital [at] Gmail [dot] Com

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

1. ICICI Prudential Tax Plan Invest Online
2. HDFC TaxSaver Invest Online
3. DSP BlackRock Tax Saver Fund Invest Online
4. Reliance Tax Saver (ELSS) Fund Invest Online
5. Birla Sun Life Tax Relief '96 Invest Online
6. IDFC Tax Advantage (ELSS) Fund Invest Online
7. SBI Magnum Tax Gain Scheme 1993 Invest Online
8. Sundaram Tax Saver Invest Online
9. Edelweiss ELSS Invest Online

------------------

Best Performing Mutual Funds

1. Largecap Funds Invest Online
1. DSP BlackRock Top 100 Fund
2. ICICI Prudential Focused Blue Chip Fund
3. Birla Sun Life Front Line Equity Fund
2. Large and Midcap Funds Invest Online

1. ICICI Prudential Dynamic Plan
2. HDFC Top 200 Fund
3. UTI Dividend Yield Fund
2. Mid and SmallCap Funds Invest Online

1. Reliance Equity Opportunities Fund
2. DSP BlackRock Small & Midcap Fund
3. Sundaram Select Midcap
4. IDFC Premier Equity Fund
3. Small and MicroCap Funds Invest Online

1. DSP BlackRock MicroCap Fund
4. Sector Funds Invest Online

1. Reliance Banking Fund
2. Reliance Banking Fund
5. Tax Saver MutualFunds Invest Online
1. ICICI Prudential Tax Plan
2. HDFC Taxsaver
3. DSP BlackRock Tax Saver Fund
4. Reliance Tax Saver (ELSS) Fund
6. Gold Mutual Funds Invest Online

1. Relaince Gold Savings Fund
2. ICICI Prudential Regular Gold Savings Fund
3. HDFC Gold Fund