Star Mediclassic Individual Health Plan: Benefits, Buy & Renew Online

Star Mediclassic Health Insurance Plan

Star Mediclassic Insurance from Star Health and Allied Insurance Company covers for hospitalisation expenses incurred as on illnesses, diseases, and accidental injuries. The insured can also avail cashless treatment in more than 9900 network hospitals. One major benefit is that all the Star health mediclaim policy claims are settled directly by the insurance company without the involvement of the TPA.

The minimum age criterion is 5 months and the maximum age criterion is 65 years to buy this star health insurance policy. After that only renewals are required without capping on the exit age
Under the Star Mediclassic Gold plan, the minimum entry age is 16 days to 65 years.

Features and Benefits of Star Mediclassic Insurance Plan

Wider Sum Insured Options: Rs 1.5 Lakh to Rs 15 Lakh. Under the gold plan the sum insured options ranging from Rs 3 Lakh to Rs 25 Lakh
Pre-policy Medical Screening: Applicants above the age of 50 years of age need to undergo a pre-medical examination at the Star health insurance company’s nominated Centres
Day Care Procedures: Star MediClassic health insurance covers all the daycare procedures
Policy Term: 1/2/3 years
Instalment Facility: The policyholder can pay the premium in monthly, quarterly, and half-yearly installments. The policy can also be paid in 1,2,3 years for the entire policy term

Inclusions of Star MediClassic Insurance Plan

Under this star health mediclaim policy hospital room, boarding and nursing expenses up to 2% of the sum insured and up to a maximum of Rs.5000 are compensated
Emergency ambulance charges up to a maximum of Rs.750 for each hospitalization and maximum up to Rs.1500 during the policy term are paid by the Star health insurance company
Pre-Hospitalization expenses up to 30 days before hospital admission and 60 days of post-hospitalisation expenses are also reimbursed
Health check-up costs are also covered once every four years of the policy term. It is valid for coverage amount above Rs. 2 Lakh only
Cataract surgery up to a specified limit is covered under this Star health insurance plan
One of the major and unique benefits that are offered is coverage for psychiatric and psychosomatic disorders incurred on the first diagnosis. A minimum of 5 days of hospitalization is required for the same
Star health insurance plans offer a cumulative bonus of 5% to 25% of the sum insured for claim-free years
Automatic restoration of the basic Sum Insured by 200% during the policy term
Ayush treatment cover up to 25% of the coverage amount up to a maximum of Rs 25000 during the policy term
Gold plan- For additional benefits, there is an option to purchase the gold plan variant that offers a range of additional benefits and optional covers in addition to the above-mentioned inclusions. For details please refer to the policy wordings.

Exclusions

Star health insurance plans do not cover expenses related to any unproven treatment
Childbirth and caesarean complications other than ectopic pregnancy
Rest Cure, rehabilitation and respite care
Congenital External Condition / Defects / Anomalies

Cancellation

Policy cancellation can be done by policyholder by giving 15 days written notice and the insurer shall refund the premium for the unexpired policy period as given in the table below:

Period on risk	Rate of Premium to be retained by the insurer
1 month	22.5% of the annual premium
1 month to 3 months	37.5% of the annual premium
3 months to 6 months	57.5% of the annual premium
6 months to 9 months	80 % of the annual premium
Exceeding 9 months	Full annual premium

Star Mediclassic Insurance Plan FAQs

Q1. What is the benefit of Star MediClassic Health Insurance?

Ans: You can get compensation for pre and post hospitalisation, daycare treatments, ambulance costs, and inpatient hospitalisation, etc. Also, coverage is provided for modern treatments and procedures along with the restoration of the sum insured, domiciliary treatments, organ donor expenses, etc.
Q2. Do I get tax benefits on the premium paid for Star MediClassic health insurance plan?

Ans: Yes, Amount paid by any mode other than by cash for this insurance is eligible for relief under Section 80D of the Income Tax Act.
Q3. Does Star MediClassic health insurance policy offers any grace period for renewal?

Ans: Yes, Star health insurance plans including MediClassic plan offer a grace period of 30 days from the policy expiry date.
Q4. Is there any free look period where I can cancel my Star MediClassic health insurance policy?

Ans: Yes, Star health insurance company provides a free look period under all the Star health plans including Star MediClassic health insurance. During this period the insured or the policyholder can review the policy terms and conditions and decide if he/she wants to continue with the policy or terminate it.
Q5. What is Star MediClassic Health Insurance cumulative bonus?

Ans: Star Health Insurance provides maximum benefits of 100% cumulative bonus of the sum insured. 25% bonus is provided for the claim-free year, which can go up to 100% depending on the type of insurance policy and policy term.

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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

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