Q1. Is the HDFC ERGO Health Wallet Insurance plan a good insurance plan?

Ans: Yes. The HDFC ERGO Health Wallet Insurance plan is a good insurance plan as it provides the insured with a wide range of benefits like preventive health check-ups, AYUSH benefits, and recovery benefits.

Q2. What maximum number of members can be added to the HDFC ERGO Health Wallet Insurance plan?

Ans: The maximum number of members that can be added to the HDFC ERGO Health Wallet Insurance depends on the type of coverage selected. The individual coverage type allows six family members to be added to the insurance plan.

Q3. What is the duration for the porting to the HDFC ERGO Health Insurance Plan?

Ans: The duration for porting from a different insurance plan to the HDFC ERGO Health Wallet Insurance Plan is between 45 and 60 days before the renewal date.

HDFC ERGO Health Wallet Insurance Plan

Due to soaring health costs per year, purchasing an insurance plan like the HDFC ERGO Health Wallet Insurance plan provides the insured with a wide range of benefits like OPD cover, worldwide emergency health cover and insurance cover up to Rs. 50 Lakh.

HDFC ERGO Health Wallet Insurance Plan
Categories	Specifications
Sum Insured	Rs. 3 Lakh to Rs. 50 Lakh
Policy Tenure	1 Year
Network Hospitals	12000+
Incurred Claim	97.47%
Pre-Policy Medical Check-up	May Be Required
Pre-Existing Disease Waiting Period	3 Years
Specific Disease Waiting Period	2 Years
Initial Waiting Period	30 Days

HDFC ERGO Health Wallet Insurance Plan: Benefits

The following are the benefits of the HDFC ERGO Health Wallet Insurance Plan:

In-Patient Benefits - The HDFC ERGO Health Wallet Insurance Plan provides the insured with in-patient benefits in case of an accident or illness. The expenses include hospital room boarding or rent, nursing, and ICU fees. The in-patient benefits include the medical practitioner’s fees, diagnostic procedures, and other necessary items required during surgery.
Recovery Benefits – If the insured is hospitalised continuously for 10 days, he/she is eligible for a lump sum. The amount is provided to the insured or any of the dependents within the policy year.
Multiplier Benefit – The Multiplier benefit within the HDFC ERGO Health Wallet Insurance Plan provides a 50% increase to the existing sum insured amount. The 50% increase is provided in case the policy year remains claim-free. However, if a claim is filed within the year, the benefit would be reduced by 50% in the next year.
Restore Benefits – Through the Restore benefit, the insured who has purchased the HDFC ERGO Health Wallet Insurance Plan can use the sum insured for any upcoming claims the insured creates. The Restore benefit is applicable after the basic sum insured and the multiplier benefit is exhausted.
Reserve Benefit – The Restore Benefit within the HDFC ERGO Health Wallet Insurance Plan covers out-patient treatment, diagnostic treatments, consultations and other payments like co-payments and additional costs.
Pre-hospitalisation benefits – The medical expenses incurred by the insured 60 days before the insured is admitted to the hospital.
Post-Hospitalisation benefits – The post-hospitalisation benefits within the HDFC ERGO Health Wallet Insurance Plan provide the insured individual with cover for the expenses incurred within 90 days after hospitalisation or domiciliary treatment.
Day Care Procedures – Under the HDFC ERGO Health Wallet Insurance Plan, the insured is covered for any expenses incurred under the Daycare procedures clause.
Worldwide Emergency Care Benefit – Any individual covered under the HDFC ERGO Health Wallet Insurance Plan can file a claim for any emergency expenses incurred outside India. It is important to note that the specified limit of hospitalisation in emergency cases is 48 hours.

HDFC ERGO Health Wallet Insurance Plan: Eligibility Criteria

HDFC ERGO Health Wallet Insurance Plan
Parameters	Eligibility Criteria
Minimum Entry Age	Adult- 18 Years Child - 91 Days
Maximum Entry Age	Adult- 65 Years Child - 5 Years
Coverage Type	Individual, Family Floater
Renewability	Lifelong

HDFC ERGO Health Wallet Insurance Plan: Inclusions

The following are the inclusions of the HDFC ERGO Health Wallet Insurance plan:

Emergency Road Ambulance- This inclusion within the HDFC ERGO Health Wallet Insurance Plan provides the insured with expenses up to Rs. 2000. It is offered to the insured when they utilise the amount for transportation of the individual to the hospital.
Preventive Health Check-up- The preventive health check-up cover in the HDFC ERGO Health Wallet Insurance plan offers the insured regular health check-up benefits.

HDFC ERGO Health Wallet Insurance Plan: Exclusions

The following are the exclusions of the HDFC ERGO Health Wallet Insurance Plan:

Injuries or treatments caused due to war or foreign aggression.
Weight-loss treatments or obesity-related surgeries.
Any surgeries undertaken for cosmetic purposes other than medically necessary procedures.
Any treatments or expenses arising due to the correction of vision.

FAQs

Q1. Is the HDFC ERGO Health Wallet Insurance plan a good insurance plan?

Ans: Yes. The HDFC ERGO Health Wallet Insurance plan is a good insurance plan as it provides the insured with a wide range of benefits like preventive health check-ups, AYUSH benefits, and recovery benefits.
Q2. What maximum number of members can be added to the HDFC ERGO Health Wallet Insurance plan?

Ans: The maximum number of members that can be added to the HDFC ERGO Health Wallet Insurance depends on the type of coverage selected. The individual coverage type allows six family members to be added to the insurance plan.
Q3. What is the duration for the porting to the HDFC ERGO Health Insurance Plan?

Ans: The duration for porting from a different insurance plan to the HDFC ERGO Health Wallet Insurance Plan is between 45 and 60 days before the renewal date.

Policybazaar exclusive benefits

30 minutes claim support*(In 120+ cities)
Relationship manager For every customer
24*7 claims assistance In 30 mins. guaranteed*
Instant policy issuance No medical tests*

Health insurance companies

View more insurers

Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in

HDFC ERGO Health Insurance Plans

HDFC ERGO Health Optima Restore

HDFC ERGO Energy Health Insurance Plan

HDFC ERGO My:health Suraksha Plan

HDFC Ergo Critical Illness Insurance Plan

HDFC ERGO My:health Medisure Super Top Up Plan