Pre-Existing Diseases / Illness:
Pre-Existing Disease/Condition (other than those diseases/conditions for which specific periods have been mentioned under exclusions) will be covered after 48 months of continuous coverage without break with any Indian Insurance Company.
No Pre-Acceptance Medical Screening:
To avail this policy, the member does not need to undergo any medical screening or tests for pre-acceptance.
Amount paid by any mode other than by cash for this insurance is eligible for relief under Section 80D of the Income Tax Act.
Policy is renewable up to 45 years and beyond 45 years the couple can migrate to other equivalent policy offered by the company.
Free Look Period:
A free look period of 15 days from the date of receipt of the policy is available for reviewing the policy terms and conditions. In case insured is not satisfied he can seek cancellation of the policy and in such event the Company will allow refund of premium after adjusting the cost of pre-acceptance of medical screening, stamp duty charges and proportionate risk premium for the period concerned provided no claim has been made until such cancellation. Free look cancellation is not applicable at the time of renewal.
Renewal premium, terms and conditions are subject to change with prior approval from IRDA.