Oriental Happy Family Floater Policy

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      Oriental Happy Family Floater Policy 2015

      Oriental Happy Family Floater Policy 2015 is a family floater insurance plan covering individuals and their family members. As a family floater plan, it covers at least two persons per family. The policy has three plan categories namely Silver, Gold and Diamond. In exchange for a regular premium, the policy offers coverage for medical expenses, including hospital cash benefit, maternity cover, attendant allowance etc.

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      Oriental Happy Family Floater Policy 2015: Key Highlights 

      Type

      Family Floater

      Sum Insured

      Rs 2 lakh-20 lakh

      Grace Period

      30 days

      Tenure

      1 year

      Renewability

      Lifelong

      Coverage Offered

      It is a family floater policy that includes three key plan options, categorized as Silver, Gold and Diamond plans. The coverage provided by these plans ranges from Rs 2 lakh to Rs 20 lakh.

      The policyholders will get coverage for the following benefits if they buy Oriental Happy Family Floater Policy 2015.

      • In-Patient Treatment: The in-patient treatment cover includes medical expenses, ambulance and bed charges and others. It also covers maternity and new-born baby under Diamond plan.
      • Pre-hospitalization Treatment: Oriental Happy Family Floater Policy 2015 Insurance Policy offers support for any medical expenses for 30 days before hospitalization, in case the beneficiary is hospitalized for a considerable period.
      • Post-hospitalization Treatment: In case it requires, Online Oriental Happy Family Floater Policy 2015 covers post-hospitalization expenses for 60 days from the day of discharge.
      • Domiciliary Treatment: The Policy covers up to Rs 50,000 for domiciliary treatment. The policy coverage includes only medical expenses and animal bite treatment as applicable.
      • AYUSH Treatment: Oriental Happy Family Floater Health Insurance covers expenses for alternative treatment such as Ayurveda, Unani, Siddha and Homeopathy.
      • Organ Donor: It covers expenses and offers benefits when the insured person is the recipient or donor.
      • Restoration of Sum Insured: Oriental Happy Family Floater Policy 2015 Health Insurance allows restoration of the inclusive slab from Rs 3 lakh to 10 lakh. It is applicable only for Silver and Gold plans.

      Inclusions of the Policy

      Apart from the above coverage, the policy also includes the following:

      • Cash Allowance: The policy offers cash allowance for up to 1.5% of the total Sum Insured for a maximum of 10 days as applicable under the Diamond plan.
      • Critical Illnesses: Oriental Happy Family Floater Health Insurance covers 11 critical illnesses from the categories listed below.
      • Few cancerous diseases
      • Cardiac treatments
      • Coma with a certain severity
      • Motor Neuron diseases
      • Multiple sclerosis
      • Organ transplant
      • Paralysis of limbs
      • Kidney failure etc.
      • Optional cover: The Policy also offers option covers and additional benefits, such as geographically extended protection, sum restoration, accidental cover and Life Hardship Survival benefit.

      Exclusions of the Policy

      Oriental Happy Family Floater Policy 2015 Health Insurance policy does not cover the following treatments or expenses:

      • Hospital admission for diagnostic or investigation purpose
      • Hospitalization for cosmetic surgery, war injuries, infertility, genetic conditions, suicide attempt, HIV or STD-related diseases etc.
      • Pre-existing diseases up to 2 years from the policy is in force
      • Obesity treatment, injury related to adventure sports, damages due to alternative procedures taken, etc.

        For a complete list of exclusions, please refer to the Policy document.

      Features & Benefits of the Oriental Happy Family Floater Policy 2015

      Oriental Happy Family Floater Policy 2015 Health Insurance plan has the following benefits and features:

      • It offers New Born Baby cover till 90 days from the date of birth.
      • Oriental Happy Family Floater Policy 2015 Health Insurance offers benefits for survival while hospitalized for up to 270 days if sufferingfrom any listed critical illnesses.
      • The policyholders can get a daily cash allowance of Rs 1000 for a maximum of 10 days in case of hospitalization.
      • The tax benefits offered by the Policy as per Income Tax Act 1961.

      Eligibility Criteria

      The minimum eligibility conditions of the policy are as mentioned below:

      Minimum Entry Age

      18 years (91 days for dependent children)

      Maximum Entry Age

      65 years

      Number of people covered

      Minimum 2 persons

      (Spouse, Dependent Children, Parents or Parents-in-law, unmarried siblings if dependent, )

      Residential Status

      Residents of India, including Permanent Residents and foreigners holding employment pass.

      Cancellation of the Policy

      • In case of new issuance, the policyholders can cancel the Oriental Happy Family Floater Health Insurance policy within 30 days free look period if they did not make any claims. Policyholders can cancel the Policy anytime on request.
      • The company can cancel the Policy after giving 30 days' notice. The policyholders will be refunded with premiums as applicable. However, they will not get any refund in case of fraudulent activities.

      FAQs

      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*
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      *We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30- minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881.

      *Product information is authentic and solely based on the information received from the Insurer. Policybazaar is acting only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. Policybazaar does not provide any medical or surgical advice or diagnosis and is not responsible for your interactions / treatment by a medical practitioner/hospital. Please consult a registered medical practitioner for any medical or surgical advice. The Information that you obtain or receive from Policybazaar, and its employees, or otherwise on the Website is for informational purposes only. As per the Insurance guidelines, you are allowed to cancel the policy with-in 30 days from the date of Issuance of policy.This option is available incase of policies with a term of one year or more.

      *All the health insurance plans cover hospitalization expenses including COVID-19 treatment cover up to the specified limits. You can also buy specific COVID-19 health insurance policies such as Corona Kavach Policy and Corona Rakshak policy.

      **All savings and online discounts are provided by insurers as per IRDAI approved insurance plans. #Tax Benefits are subject to changes in tax laws. GST Exemptions depend on fulfilment of qualification criteria and submission of relevant documents.

      *₹1748/month is the starting price for a 1 crore health insurance for an 18-year-old male, with no pre-existing diseases. Discount on renewal premium is subject to the number of wellness points earned in the health insurance policy. For more details about the plans, please read the sale brochure carefully to get upto 100% discount on renewal premium.

      *₹400/month is the starting price for ₹ 5 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹541/month is the starting price for ₹ 10 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹762/month is the starting price for ₹ 1 Crore Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹243/month(₹ 8/day) is the starting price for a 5 lakh health insurance for a 20-year-old male, non-smoker, living in Bengaluru with no pre-existing diseases

      *₹2020/month is the starting price for ₹ 1 Cr Health insurance for a 50 year old male & 50 years old female, living in Bangalore with no pre-existing diseases rounded off to nearest 10.

      *₹390/month (₹13 per day) is starting price for 1 cr. Health insurance for 25 years old male, with pre-existing diseases, residing from tier 1 city rounded off to the nearest 10.

      *No medical tests are required unless requested by the insurer’s underwriter. In-case of pre-existing diseases relevant medical proof would be required as per the terms and condition of the policy opted.

      *The values taken for effective cost calculation are indicative values and may change as per the selected plan.

      *Coverage upto double the amount of Sum Insured is available on certain covers for a minimum plan of Rs. 5 Lakh on the first claim only to an individual of upto 45 years of age with no pre-existing diseases. The benefit is available with or without extra cost depending on the plan chosen.

      *Coverage of pre-existing diseases is provided by insurer as per their underwriting policy.

      *The scope of coverage may vary from plan to plan.

      ~Source: Google Review Rating available on:- http://bit.ly/3J20bXZ

      ##On ground claim assistance is available in 114 cities

      Tax Benefits are subject to changes in tax laws. GST Exemption depends on fulfilment of qualification criteria and submission of relevant documents as required by the insurers. For more details on risk factors, terms and conditions, please read the sales brochure and applicable rules and regulation carefully before concluding a sale.

      STANDARD TERMS AND CONDITIONS APPLY. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

      Policybazaar is a registered Composite Broker |Registration No. 742, Valid till 09/06/2024, License category- Composite Broker| Visitors are hereby informed that their information submitted on the website may be shared with insurers.

      Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana - 122001 Contact Us | Legal and Admin Policies

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