Star Health Gain Insurance Policy

Star Health Gain Insurance policy - BimaBandhu

Star Health Gain Insurance Policy is a top-notch insurance plan offered by Star Health and Allied Insurance Company Limited. It is designed to provide comprehensive coverage for your medical needs – be it routine check-ups, hospitalization, or specialized treatments. You get to choose the coverage, premiums, and can cover the whole family under one plan. This is what makes it perfect for keeping everyone healthy and scoring some tax savings too.

In the guide, we will cover Star Health Gain Insurance Policy in detail, unraveling its features, benefits, and the unparalleled peace of mind it can offer to policyholders. 

Features & Benefits of Star Health Gain Insurance Policy

1. Comprehensive Coverage

This health insurance has got your back for all things health – from regular check-ups to hospital stuff. 

2. Flexible Premium Options

Policyholders can enjoy the flexibility of choosing from a range of premium options, including Rs.15,000 to Rs.30,000 (excluding GST). This customization empowers individuals to align their insurance plan with their financial preferences.

3. Variable Sum Insured for Inpatient Hospitalization

With the Star Health Gain Insurance Policy, you can pick how much coverage you want for hospital stuff – from Rs.1 lakh to Rs.5 lakhs. It’s all about tailoring it to fit your needs perfectly. 

4. Coverage for Day-Care Procedures

This policy has your back for quick medical stuff, making sure you’re fully covered, no matter what. 

5. Ambulance Charges Cover

Policyholders can also benefit from coverage for ambulance charges, with reimbursement of up to Rs.750 for every hospitalization and Rs.1500 for every policy year. 

Also Read: A Complete Guide to Star Health Insurance

Inclusions in Star Health Gain Insurance Policy

  • Coverage for cataract treatment expenses, up to a specified limit
  • Comprehensive day-care procedure coverage
  • Medical practitioner fees and medication coverage
  • Pre and post hospitalization benefits, and more 

Exclusions in Star Health Gain Insurance Policy

  • Self-harm/suicide attempts
  • Congenital anomalies and defects
  • Injuries, illnesses, or disablement arising from acts of war, operations in a warlike situation, civil war, and related circumstances
  • Treatment and medication of any sexually transmitted illness or venereal ailment
  • Injuries or diseases caused due to the use of drugs, intoxicants, alcohol, or medication not prescribed by a medical practitioner 

Understanding these inclusions and exclusions is crucial for policyholders to make informed decisions and ensures that the Star Health Gain Insurance Policy remains a reliable insurance solution.

Also Read: All About 10 Lakh Health Insurance

Eligibility Criteria for Star Health Gain Insurance Policy

  • Minimum Entry Age: 91 days old 
  • Maximum Entry Age: 65 years 
  • Family Inclusion: Spouse, Self, and Dependent Children (up to the age of 25 years)

By adhering to these eligibility criteria, individuals and families can secure the benefits of the Star Health Gain Insurance Policy.

Cancellation Policy for Star Health Gain Insurance

A policyholder has the option to cancel the policy by providing written notice at least 15 days in advance. Upon cancellation, Star Health Insurance will refund the premium for the unexpired period of the policy according to the following schedule:

Period on Risk Premium to Be Returned
Up to one month 25% of the yearly premium
More than one month and up to 3 months 40% of the yearly premium
More than three months and up to 6 months 60% of the yearly premium
More than six months and up to 9 months 80% of the yearly premium
More than 9 months Full yearly premium


Does this policy have a co-payment feature?

Yes, the policy includes a 20% co-payment on every claim amount for policyholders aged 60 years and above at the time of policy purchase.

What is the range of sum insured offered by this insurance policy?

Star Health Gain Insurance policy offers a sum insured ranging from Rs.1 lakh to Rs.5 lakhs.

Does Star Health Gain Insurance policy cover alternate treatments?

No, the insurance policy does not provide coverage for non-allopathic treatments, including Naturopathy, Ayurveda, Unani, Homeopathic, Siddha, etc.

What is the term of the Star Health Gain Insurance policy, and how is it available?

The policy has a one-year term and is available both on a family floater and individual basis.

Is there a waiting period for the Star Health Gain Insurance plan?

The plan has a waiting period of 30 days for normal diseases, excluding accidents. For specific illnesses, the waiting period is 24 months, and for pre-existing ailments, it is 48 months.

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The information shared here about insurers, their products, services, or offerings is intended solely for informational purposes. It may be subject to updates without prior notice and should not be construed as professional advice or a recommendation to acquire any specific insurance product or service. Although we strive to maintain the accuracy and currency of the information provided, we do not assure or warrant its completeness, reliability, suitability, or availability. Any reliance you place on such information is entirely at your own discretion and risk.