Group Mediclaim Policy is available to any Body Corporate / Association / Institution / Group constituted of more than 50 persons.
The policy covers individuals aged between 5 and 75 years. However, children aged between 3 months and 5 years can be covered if one or both parents are covered concurrently.
The policy covers
- The policy covers hospitalization and domiciliary hospitalization expenses incurred by the employees/members (including family members) of the Insured for illness/disease or accidental injury and shall include hospital charges(room & boarding and operation theater), fees of surgeon, anesthetist, nurses, cost of medicine, oxygen, blood, cost of appliances like pacemaker, artificial limbs and cost of organs.
The policy provides for following extensions
- The policy can be extended to cover Maternity Benefits subject to the condition that all employees/members of the Insured are covered under this extension. Maternity Benefits have to be availed of at inception of the policy. The maximum allowable of Maternity Benefits shall be Rs. 50,000/- or the sum insured opted by the employee/member, whichever is less.
The policy does not cover
The policy will not cover expenses relating to –
- Any disease / injury during first 30 days of commencement of policy (accidental injury is not an exclusion).