Tata AIG Group Medicare Insurance Company Limited is a joint venture company between the Tata Group and American International Group (AIG). Tata AIG General Insurance Company Limited will turn 20 by 2020 and with 200 offices spread across India, the company has a strong multi-channel distribution network of 40,000+ licensed agents and 437+ licensed brokers. The company has a network of more than 6,000 employees so that the company can provide goods insurance services to maximum customers and the company provides many types of insurance services such as car insurance, bike insurance, health insurance, travel insurance, etc. Tata AIG policyholders. To deal with different needs offers a variety of health insurance plans, one of they are the Tata AIG Medicare Policy. In this article, we will tell you about the Tata Aig Medicare Policy in detail.
Read Specific Paragraph
What Is Tata AIG Group Medicare Policy?
Tata AIG Medicare Health Insurance is a simple and comprehensive health insurance plan, Tata AIG Medicare has been designed keeping in mind the rising cost of medical expenses these days. This policy covers individuals in the age group above 5 years (dependent children between 91 days to 5 years can be ensured only if both the parents are insured). The maximum age of entry is 65 years.
Tata AIG Medicare offers some of the benefits to its policyholders – global cover, lifetime renewal, bariatric surgery cover, and a strong network of over 3,000 hospitals across India. In addition, the insurance company offers various discounts on premiums depending on the term of the policy or on any other basis.
Why Is Health Insurance Needed?
In December 2018, a study showed that just 44% of Indians had health insurance. This means that more than half of the population lives without any kind of medical insurance. If you haven’t bought a health insurance policy yet, here’s a look at all the reasons why you need medical insurance:
Changing Lifestyle:- The world around us is constantly changing. Today we are facing rising levels of pollution and busy work schedules, which make us prone to many health problems. A good health insurance policy will help you take care of yourself without breaking the bank.
Rising Medical Costs:- If you have been visiting the doctor regularly over the years, you must have noticed that the cost of medical treatment and check-ups has gone up. The easiest way to keep up with the increased health care costs is to get yourself a good medical insurance policy while you are still young and in the best of health.
COVID-19 Cover:- The recent pandemic showed us how important it is to have good health insurance. When you have a good medical insurance policy, you can rest easy knowing that even if you are diagnosed with COVID-19, you will still be taken care of.
Tax Benefits:- One of the major reasons for getting a health insurance policy is to save on taxes. The premium you pay for maintaining a Tata AIG health insurance policy is exempt from taxes under section 80D of the Income Tax Act. If you have purchased a health insurance plan for yourself, your spouse, or your children,
So you can claim up to Rs 25,000 per year. If you have purchased a medical insurance plan for your parents who are above 60 years of age, you can claim an additional deduction of Rs 50,000 per year.
Benefits Of Tata AIG Group Medicare Health Insurance.
Huge Network
Making a cashless claim is easy with Tata AIG’s health insurance policy. We have tied up with over 7,200 hospitals across India, so wherever you are, you will have a network hospital.
Tax Saving
One of the major reasons to get a health insurance policy is to save on taxes. The premium you pay for maintaining a Tata AIG health insurance policy is exempt from taxes under section 80D of the Income Tax Act. If you have purchased a health insurance plan for yourself, your spouse, or your children,
So you can claim up to Rs 25,000 per year. If you have purchased a medical insurance plan for your parents who are above 60 years of age, you can claim an additional deduction of Rs 50,000 per year.
Paperless Policies
There is very little paperwork inside this policy We will send you a soft copy as soon as your health insurance policy is issued. You can show the digital copy to the TPA at the hospital and we will start processing your health insurance claims. You do not need to carry any paper or card to prove that you have purchased our health insurance policy
Safe And Secure
We value your privacy and data. The company’s website is a secure place for you to enter your details and complete the health insurance premium payment. We promise to keep your personal and payment data 100% secure at all times.
High Claim Settlement Ratio
In FY19-20, we settled 96.43% of all health insurance claims that came our way.
Eligibility Criteria For Tata AIG Medicare Policy.
- For adults, the age limit is between 21 years to 65 years and for children, the age should be between 91 days to 18 years.
- Sum Assured Rs. 2 lakh to Rs. Should be between 10 lakhs.
- The term of the policy can be one or two years.
- The premium is calculated on the basis of age.
Documents Required For Tata AIG Medicare Policy.
Documents Required For The Company While Buying Tata AIG Medicare Policy:-
Natural Death/Calamity /Natural Calamities
- Death claim form
- Death certificate issued by Govt. /relevant authority
- Identity and residence certificate of claimant
- Original policy document (In case of DEMAT, the original policy document is not required)
- NEFT Account Details
- Medical records at the time of past illnesses
- Maturity, Money Back & Pension – Annuity Claim Document List
- Un-Natural Death (Accidental Death / Murder / Suicide)
How To Buy Tata AIG Group Medicare Policy?
First of all, while buying a term plan online, first calculate the premium according to your desired sum insured and term on the online term insurance calculator, then you can take the plan by contacting an agent of the company.
Buy It:-Â Click HereÂ
How To Contact Tata AIG Medicare Policy?
Tata AIG Health Insurance Customer Care Number – 1800 266 7780
Address – Peninsula Business Park, Tower A, 15th Floor, GK Marg, Lower Parel, Mumbai – 400 013, Maharashtra, India.
READ MORE: Star Health Insurance
If You Like The Information Please Do Share.
Pingback: Brother Printer Troubleshooting Guide For You. – Article Block