Is Optima restore good policy?

The plan also offers other valuable features like an attractive no-claim bonus, no limits on room category and an extensive network of hospitals for cashless treatment. Available in both, Individual and Family Floater choice, Optima Restore should be considered if you are looking to best mediclaim policies .

Does Optima Restore cover cancer?

Get a Cancer Cover of Rs. In this case, the SI in the successive policy year would be 7.5lakh i.e. 10 lakh – 2.5lakh (50% of 5lakh (basic SI)). The real point of consideration is that after claim, only cumulative bonus is reduced at the time of renewal; with no effect on basic sum insured.

What is the maximum cover available under Optima Restore?

Upto Maximum of Rs. 10,000 per policy, at the end of each year at renewal. i) We will apply a bonus by enhancing the renewed policy’s Sum Insured by 50% of the Basic Sum Insured of the previous year’s Policy. ii) The maximum bonus will not exceed 100% of the Basic Sum Insured in any Policy Year.

What is covered in Optima Restore policy?

You deserve the best and the latest medical treatments. So our Optima Restore covers advanced procedures like robotic surgeries, stem cell therapy, and oral chemotherapy. Also, enjoy life-long protection as you can continuously renew your health plan, even after you turn 65 years of age.

Does Optima Restore cover OPD?

For example, a 35-year-old choosing to buy Apollo Munich’s Health Wallet policy with a sum insured of Rs 5 lakh will have to pay Rs 14,224 against Rs 8,431 under its Optima Restore plan. The value of OPD reserve benefit in the former is Rs 5,000, which means you would be paying Rs 6,000 to get a benefit of Rs 5,000.

Which is best Star Health vs Apollo Munich?

Star Health vs Apollo Munich Health Insurance

	Star Health	Apollo Munich
Claims Settlement Ratio**	81.62%	89.50%
Number of Lives Covered*	1,16,17,000	51,16,000
Network Hospitals	9,900 +	10,000 +
* As per IRDAI report for 2018-19 ** As per NL25 data published on the Insurance Company website

What is OPD limit?

OPD insurance is provided as an optional cover, in which the insured can claim an amount equal to their medical bills at the time of reimbursement. The OPD coverage amount ranges from Rs 5,000 to Rs 50,000 that you can opt for as per your requirements. There is no co-payment for members up to the age of 60 years.

How does Optima Restore family floater health insurance plan work?

Our first of a kind Optima Restore Family Health Insurance plan offers a unique Restore benefit that automatically reinstates the basic sum insured in case you exhaust it in a policy year. 1.

How many members can you have in Optima Restore?

Maximum 6 members can be added in a Optima Restore Family Floater Health Insurance policy with a maximum of 2 adults and 5 children in a single policy. Your premium at renewal may change due to a change in your age or changes in the applicable tax rate.

Which is the best HDFC ergo Optima Restore plan?

I selected HDFC Ergo General Insurance’s Optima Restore plan. On InsuranceDekho, they try to resolve issues related to health insurance policies digitally. So that the customers do not have to be present physically for long hours. This feature convinced me to buy HDFC Ergo General Insurance’s Optima Restore plan.

When does the Apollo Optima Restore benefit start?

Some Limitations to Consider in Optima Restore Health Plan The restore benefits starts only when the Basic SA along with bonus is utilized completely. The restore benefit cannot be claimed on the disease/illness for which the claim has already been made in the policy year. The restore benefit is applicable only once during a policy year.

Is Optima restore good policy? The plan also offers other valuable features like an attractive no-claim bonus, no limits on room category and an extensive network of hospitals for cashless treatment. Available in both, Individual and Family Floater choice, Optima Restore should be considered if you are looking to best mediclaim policies . Does Optima…