Apollo Munich Health Insurance Company

The Policies Provided Under the Umbrella of Apollo Munich Health Insurance

Although there is a wide range of services provided, keeping in mind the benefits of the customers, the following few provide a glimpse into it:

• Health Insurance Plans: All policies under it come with the benefits of:
1. Restore- As soon as the sum insured is consumed, it automatically reinstates the entire insured sum.
2. Multiplier- Under this, if there has been no claim in the first year of the policy then the basic sum insured for the following year grows by 50 percent.
3. Stay Active- this is for the customers with an active lifestyle and allows them to enjoy premium discounts. It also provides people with an app in their phones which helps them to track their progress.

Entry Age:
Minimum age- 5 to 18 years (depending on the plan)
Maximum age: 65 years
Policy Term:
1 or 2 years
Minimum Sum Assured:
4 lakhs to 50 lakhs
The various schemes under this plan are:

1. Optima Restore Health Insurance Plan: This policy covers for all members for the entire duration of the policy, even after the claim has been made.
2. Optima Senior- Exclusively devised for the senior citizens, it provides an option for the coverage of one’s spouse along with, the coverage for medical treatments and accidents, the benefit of day-care procedures, domiciliary treatment, expenses of an organ donor in case of a transplant, cumulative bonus, cashless service and tax benefits.

   Entry Age: 61 years and above

   Sum Assured: 2-5 lakhs

   Coverage type: Individual

   Waiting Period: 3 years

   Grace period: 30 days from date of expiry to renew policy

• Travel Insurance Plans: A number of unexpected things are liable to happen when a person it traveling places. Five policy variants are available in the schemes (for some the number may be reduced to three or four): Platinum, Gold, Silver, Bronze and Asian Region.

  Entry Age: 91 days to 65 years

  Policy Term: 1-2 years

  Total Sum Assured:
  1 lakh to 50 lakhs

  Premium Payment Mode: Debit card, Credit card, Cheque

This plan provides coverage of several types:

1. Easy Travel- Individual: offer benefits like reimbursement of travel expenses in case of cancellation of trips due to medical emergencies and 24/7 access to medical advice on the phone.
2. Easy Travel- Family: A plan to cover the trip for the whole family, no matter where you travel in the world. The members get access to services such as passport assistance, referrals to medical service providers and interpreter referral services, among other things.
3. Easy Travel- Senior Citizen: Devised for the people aged from 71-80 years, the insured person can avail the coverage for lost passport assistance, the dental coverage, 24/7 medical advice while traveling and personal accident coverage, among other things.
4. Easy Travel- Annual Multi-Trip Plan: This plan was formulated keeping in mind the people who travel throughout the year. It provides important updates on travel and health information. It also comes as an aid in case of emergency evacuation situations or even for a simple need of interpreter referral services.
5. Educare- Student Travel Insurance: This one is for the students traveling abroad for academic purposes. It offers mandatory medical covers along with the customized optional benefits such as non-medical covers, accidental covers, travel inconvenience covers, maternity and childcare benefits and many other things.
• Personal Accident Plans: For the many uncertainties hovering over one’s life, this plan is a cover for providing financial stability to one’s family in difficult times.

Benefits:

• It covers a Premium plan and a Standard Plan
• There is no maximum cover ceasing age under this policy and can be issued for an individual or as a part of family floater plan
• The plan benefits include a lump sum payment in case of accidental death, the case of permanent total disablement, and permanent partial disablement
• It covers expenses incurred by use of ambulance in case of an emergency and for the transportation of the mortal remains of a person their residence or hospital or to cremation or burial grounds
• A sum of 50 percent is paid for a child who is pursuing an educational course in an educational institution if the claim under AD or PTD is accepted for an insured person.

  Entry Age: 5- 69 years
  Policy Term (in years): 1 year
  Total Sum Assured: 10 times of total annual income
  Premium Payment Mode: Debit, Credit, Cheque