Aditya Birla Activ Secure Hospital Cash Policy

Aditya Birla Hospital Cash Policy - BimaBandhu

When it comes to adequate health coverage, Aditya Birla Health insurance is a trusted name. The company addresses a crucial aspect often overlooked by conventional health plans – daily ancillary expenses during hospitalization, in the form of Aditya Birla Activ Secure Hospital Cash plan.

While conventional health plans primarily focus on medical treatments, this exclusive plan takes a holistic approach by acknowledging the additional expenses that arise during hospital stays. These daily ancillary expenses, often overlooked by standard health policies, can create an unexpected financial strain on individuals and families. The policy steps in to bridge this gap, ensuring that policyholders can concentrate on recovery without the added worry of incidental costs.

In this guide, we will cover the key features, benefits, and nuances of the Aditya Birla Hospital Cash Insurance Policy. By the end, you will have a comprehensive understanding of how this insurance plan goes beyond the conventional plans, providing a robust financial safety net during times of medical need. 

Aditya Birla Hospital Cash Policy Overview

  • The policy grants a fixed hospital cash amount for each day of hospitalization, whether due to injury or illness. This financial support ensures that the insured can manage ancillary expenses during their hospital stay.
  • The policy extends a doubled hospital cash benefit amount in the unfortunate event of hospitalisation resulting from a road accident or admission to the Intensive Care Unit (ICU).
  • The policy includes a one-time recovery benefit, acknowledging the post-hospitalization recovery phase. This benefit aids the insured in the transition back to their routine life after medical treatment.
  • For insured individuals aged 12 years or less, the policy offers a parents accommodation benefit. This thoughtful provision ensures that parents accompanying a young patient receive the necessary support during a challenging time.
  • Aditya Birla Active Secure Hospital Cash policy provides a daily hospital cash amount ranging from Rs 500 to Rs 10,000.
  • The policy offers options for hospital cash days, including 30, 45, and 60 days. This customization enables policyholders to select a duration that best suits their anticipated hospitalization needs.
  • The policy features a one-day deductible, with daily cash benefits starting from the second day of hospitalization. 

Also Read: A Complete Guide to Health Insurance in India

Key Features of Aditya Birla Hospital Cash Policy

  • Daily Hospital Cash Benefit

The policy provides a daily hospital cash benefit, offering financial coverage of up to Rs 10,000 per day. This ensures that the insured can manage various daily expenses during the hospitalization period.

  • Enhanced Daily Cash Benefit for ICU Admission

Recognizing the critical nature of ICU admissions, the policy enhances the daily cash benefit during such circumstances. This additional support is tailored to meet the heightened financial requirements associated with intensive care.

  • Convalescence Benefit

The policy includes a convalescence benefit payable once per policy year. This one-time payout acknowledges the post-hospitalization recovery phase, assisting the insured in their journey back to regular life after medical treatment.

  • Tax Savings Under Section 80D

Aditya Birla Hospital Cash plan qualifies for tax savings under Section 80D of the Income Tax Act. Policyholders can leverage this benefit to optimize their tax liabilities while securing comprehensive health coverage.

  • Optional Wellness Coach Assistance

The policy offers the optional assistance of a wellness coach, providing an added layer of support for the insured. This unique feature aligns with a holistic approach to healthcare, promoting overall well-being beyond financial coverage.

Recommended Read: All About Family Floater Health Insurance in India 

Inclusions of Aditya Birla Hospital Cash Policy

  • The policy provides a hospital cash benefit for each day of hospitalization resulting from either an accident or illness..
  • It also offers an enhanced benefit by providing double the hospital cash amount for a maximum of 10 days. 
  • The policy extends a Road Accident Hospitalization Benefit if the insured is hospitalized due to a road traffic accident. This feature aims to provide additional financial support during challenging circumstances arising from accidents.

Exclusions of Aditya Birla Hospital Cash Policy

  1. The policy does not cover medical expenses resulting from self-injury or any attempt at suicide.
  2. Expenses related to outpatient treatment are excluded from the Aditya Birla Hospital Cash Policy. The focus is on inpatient care, and coverage does not extend to medical services provided without the need for hospitalization.
  3. The policy excludes coverage for day care procedures, emphasizing hospitalization as a criterion for eligibility. 
  4. Treatment arising from war or nuclear activities is not covered under the policy. 
  5. Medical expenses related to the treatment of HIV AIDS are excluded from the policy coverage.
  6. Expenses incurred for non-allopathic treatments are not covered under Aditya Birla Hospital Cash policy. The focus remains on conventional allopathic medical treatments, excluding alternative or traditional forms of healthcare.
  7. The policy does not cover expenses related to regular health check-ups. Coverage is more focused to address unforeseen hospitalization needs rather than routine preventive healthcare measures.
  8. Medical expenses associated with obesity or weight management programs are not covered.
  9. Expenses related to dental treatment are not covered by the Aditya Birla Hospital Cash Policy. 

Recommended Read: All About Aditya Birla Activ Health Platinum Enhanced Policy

Aditya Birla Hospital Cash Policy Eligibility Criteria

  • Minimum Entry Age: At least 18 years old (minimum 5 years for children)
  • Maximum Entry Age: 65 for adults and up to 25 years for children
  • Coverage: Individual
  • Hospital Cash Amount: Ranging from Rs 500 to Rs 10,000, depending on your preferences and requirements during hospitalization
  • Number of Hospital Cash Days: Flexibility is offered in choosing the duration of hospital cash coverage from 30, 45, or 60 days
  • Policy Term: Flexibility in policy terms for 1 year, 2 years, or 3 years
  • Pre-existing Diseases Waiting Period: 4 years for pre-existing diseases
  • Deductible: 1 day, and the daily cash amount becomes applicable from the second day of hospitalization.
  • Renewability: Lifetime 
  • Possible Discounts: Family coverage and long-term selection

FAQs

How does the Aditya Birla Hospital Cash Policy differ from regular health plans?

Aditya Birla Hospital Cash Policy focuses on daily ancillary expenses during hospitalization, often overlooked by standard health plans. It provides a fixed daily cash benefit for financial relief beyond medical treatment.

What is the maximum daily cash amount offered by the policy?

Policyholders can choose a daily cash amount ranging from Rs 500 to Rs 10,000, allowing flexibility based on their needs during hospitalization.

Are there specific benefits for ICU admissions or road accidents?

Yes, the policy offers double the hospital cash amount for a maximum of 10 days during ICU admissions or hospitalization due to road accidents, providing enhanced financial support.

Is there coverage for pre-existing diseases?

Yes, after a waiting period of 4 years, pre-existing diseases become eligible for coverage under the Aditya Birla Hospital Cash Policy.

Can children be covered under this policy?

Yes, the policy provides coverage for children with a minimum entry age of 5 years and a maximum entry age of 25 years.

What is the deductible for the policy?

The policy comes with a deductible of 1 day, and the daily cash amount becomes applicable from the second day of hospitalization.

Is there a limit on the number of hospital cash days?

Policyholders can choose from 30, 45, or 60 days of hospital cash coverage, allowing customization based on anticipated hospitalization needs.

For how long can one renew the Aditya Birla Hospital Cash Policy?

The policy offers lifetime renewability, ensuring continuous coverage throughout an individual’s life.

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