Overview

The increasing cost of healthcare coupled with a rising incidence of chronic diseases such as Stroke, Heart disease, Cancer and Diabetes can put your finances in jeopardy if you are diagnosed with a life-threatening illness. Purchasing a Mediclaim policy allows you to either reimburse the expenditure incurred during hospitalization from the insurer or get cashless hospitalization at any of the network hospitals listed as per the terms of the plan.

 

Finserv MARKETS in association with Manipal Cigna Health Insurance offers you Mediclaim Hospital Cash cover that takes off the financial burden of hospitalisation during a medical emergency. Avail daily cash allowance to manage your stay in the hospital and get the best healthcare treatment.

Features & Benefits

  • Cash allowance

    Opt for a daily sum insured and pay the premium accordingly

  • Covers a large age group

    Anyone between 18 to 65 years of age can purchase this Mediclaim policy for a year

  • Save Tax

    The premium paid towards Mediclaim Hospital Cash cover qualifies for an 80D deduction

What's Covered?

  • Cash Benefit

    The Mediclaim policy allows you to manage your day-to-day hospital expenditure by providing a per day allowance in cash to the tune of Rs. 2000

  • Hospital stay due to accident

    If you meet with an accident, illness or injury, when the policy is in force, you qualify for coverage as per the guidelines

  • Purpose of hospitalization

    Mediclaim Hospital Cash cover allows you to only file a claim for a hospital stay intended for medical purposes

What is not covered?

  • Underlying illness

    If you suffer from a previous health condition, it is excluded from coverage in this plan

  • Sports injuries

    If you meet with an accident while taking part in any kind of adventure sports, you have to bear the treatment costs

  • Waiting period

    The Mediclaim policy allows you to file a claim only after 30 days of purchase. For specific illnesses, the waiting period is 2 years.

How to Apply for the Mediclaim Hospital Cash cover

  • Visit Finserv MARKETS

    Visit our website and go to the Pocket Insurance and VAS products page

  • Select Product

    Choose the Mediclaim Hospital Cash cover from the wide array of products

  • Fill Details

    Fill in your details like name and phone number in the online form.

  • Make your payment

    Pay for your insurance using your preferred mode whether UPI, mobile wallets or debit and credit card.

Claim Process

If you are admitted to a hospital and want to raise a claim, all you need to do is

●        Call up the toll-free number 1800-102-4462. Follow the instructions given by the customer care executive to make sure your claim is expedited smoothly.

●        Send a mail to service support @manipalcigna.com for the swift claim processing

FAQs

  • ✔️What is the duration of the Mediclaim Hospital Cash cover?

    It is valid for one year from the date of purchase

  • ✔️What is the premium that I need to pay to avail daily cash allowance of Rs.2000?

    You need to pay Rs. 504 as an annual premium to activate your Mediclaim policy

  • ✔️ What if I am hospitalized within a week of buying this plan?

    The plan comes into force only after 30 days from its purchase, so you might have to bear your medical costs in this case

     

  • ✔️Is this cover eligible for tax exemption under Section 80D?


    Yes, you can save tax on the premium paid towards buying the plan

  • ✔️I am 67 years of age. Can I buy this Mediclaim policy?

    No, only those between 18 to 65 years are eligible for it