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Care Supreme Cumulative Bonus: Benefits and How It Works
Choosing a health insurance plan is not only about selecting the base sum insured. Certain policy benefits can increase your available coverage over time and provide better financial protection against rising medical expenses.
One such benefit is the cumulative bonus. Under the Care Supreme health insurance plan, policyholders receive an in-built Cumulative Bonus, while the optional Cumulative Bonus Super can further enhance their coverage. Let us understand what cumulative bonus in health insurance means, how it works, and the bonus benefits offered under Care Supreme.
What Is Cumulative Bonus in Health Insurance?
A cumulative bonus is a benefit offered under many health insurance policies that increases the available sum insured when the policy is renewed continuously, subject to the policy terms and conditions.
The cumulative bonus is added over and above the base sum insured, allowing policyholders to build higher coverage over time. The percentage of increase, maximum limit and claim-related conditions vary across insurers and plans.
It is important not to confuse the cumulative bonus with the base sum insured. The base sum insured is the original coverage selected while purchasing the policy, whereas the cumulative bonus is the additional coverage earned over time.
Types of Cumulative Bonus Under Care Supreme
Care Supreme by Care Health Insurance offers two types of cumulative bonus benefits that help enhance your health insurance coverage over time.
In-built Cumulative Bonus
The Care Supreme plan provides an in-built Cumulative Bonus that increases the sum insured by 50% on every continuous policy renewal, up to a maximum of 100% of the base sum insured. As per the applicable policy terms, the accumulated bonus remains intact even if a claim is made during the policy period.
Cumulative Bonus Super
Cumulative Bonus Super is an optional cover available under Care Supreme. It increases the sum insured by 100% of the base sum insured on every continuous renewal, up to a maximum of 500% of the base sum insured. The accumulated bonus remains unaffected by claims, subject to the policy terms and conditions.
This section naturally covers:
- Type of cumulative bonus
- Cumulative bonus super
- Care Supreme benefits
Highlights of Care Supreme Plan
Care Supreme is a complete health insurance plan that offers unique and extensive benefits. The plan provides expanded coverage at an affordable premium. The following are the key highlights of the plan:
- You can get up to a 500% increase in the sum insured with the Cumulative Bonus Super optional cover offered by Care Supreme and a total of 600% increase in the Sum Insured.
- There are no sub-limits for hospitalisation, AYUSH treatments, modern treatments, domiciliary hospitalisation and organ donor expenses.
- Policyholders can avail of unlimited automatic recharge for continued coverage.
- There is an up to 30% discount available on policy renewal.
- There are special discounts on diagnostics, pharmacy, and online consultation with Discount Connect.
- Policyholders also get access to unlimited e-consultations with a General Practitioner.
How does the Cumulative Bonus Clause Work under Care Supreme?
Care Supreme includes an in-built Cumulative Bonus and also offers the optional Cumulative Bonus Super to help policyholders enhance their available coverage over time.
The standard Cumulative Bonus increases the base sum insured by 50% on every continuous policy renewal, up to a maximum of 100% of the base sum insured.
With the optional Cumulative Bonus Super, the sum insured increases by 100% of the base sum insured every policy year, up to a maximum of 500%.
One of the key advantages of both benefits is that the accumulated bonus remains intact even if a claim is made, subject to the policy terms and conditions.
Care Supreme Plan at a Glance
- Entry age for adults: 18 years to 99 years
- Entry age for children: 90 days to 24 years
- Sum insured options: ₹5 lakh, ₹7 lakh, ₹10 lakh, ₹15 lakh, ₹25 lakh, ₹50 lakh and ₹1 crore
- Policy terms: 1, 2 or 3 years
- Individual cover: Up to 6 insured members
- Floater cover: Up to 2 adults and 2 children
- Family relationships covered include self, spouse or partner, children, parents, parents-in-law and grandparents.
- Waiting periods apply for initial illnesses, specified diseases and pre-existing conditions as per the policy terms.
Key Benefits of Care Supreme
The following are the benefits you get under the Care Supreme health insurance policy.
Hospitalisation Expenses
Hospitalisation expenses include inpatient care covered up to the sum insured, for a minimum of 24 hours of hospitalisation. It also includes all the daycare procedures which require less than 24 hours of hospitalisation.
Advanced Technology Treatments
Expenses for modern treatments using advanced technology are also covered up to the sum insured. The list of treatments covered is specified in the policy document.
Pre and Post-hospitalisation
Pre and post-hospitalisation expenses are also covered up to the sum insured. Coverage is provided for 60 days before hospitalisation and 180 days after discharge from the hospital.
AYUSH treatments
Inpatient care at a government-recognised AYUSH healthcare facility is covered up to the sum insured for alternative treatments taken under Ayurveda, Yoga, Unani, Siddha and Homoeopathy disciplines.
Domiciliary Hospitalisation
When hospitalisation is not possible, treatment at home is covered up to the sum insured, if it is required for a minimum of 3 consecutive days. Under this benefit, pre- and post-hospitalisation benefits are also applicable. However, there are certain diseases for which domiciliary hospitalisation is not covered. Please refer to the policy document for the list of excluded diseases.
Organ Donor Expenses
When the insured is undergoing an organ transplant, expenses incurred towards the organ donor are also covered up to the sum insured.
Road Ambulance Cover
Ambulance expenses are covered up to ₹ 10,000 for sum insured less than ₹ 15L and up to sum insured for sum insured of ₹ 15L and above.
Cumulative Bonus
The Care Supreme plan includes an in-built Cumulative Bonus that increases the available sum insured by 50% on every continuous renewal, up to a maximum of 100%. Policyholders can also opt for Cumulative Bonus Super, which provides an additional increase of 100% per year, up to a maximum of 500%, subject to the policy terms and conditions.
>> Also Read: What is Cumulative Bonus and Cumulative Bonus Super under Care Health Insurance?
Unlimited Automatic Recharge
When the sum insured is exhausted in a policy year, the sum insured is reinstated and can be utilised for the same illness or any unrelated illness also.
Optional Covers available under Care Supreme
The following optional covers are available under the Care Supreme plan, which can be opted for at the time of purchase or renewal of the policy.
- Cumulative Bonus Super is available up to 100% of the sum insured, with a maximum of 500% of the sum insured. In case of a claim, the sum insured is not reduced.
- Annual Health Check-ups are available once per policy year for every insured member.
- Air ambulance expenses are covered up to ₹ 5 L.
- Wellness benefits such as access to digital and AI fitness coaching and access to wellness coaches.
- Instant cover provides instant coverage forhypertension/diabetes/hyperlipidemia/asthma after the initial waiting period of 30 days.
- Claim shield offers coverage for 68 non-payable items during hospitalisation.
- Modification of PED waiting period to 1, 2 or 3 years as opted by the policyholder.
- Care OPD covers 4 general physician consultations and 4 specialist consultations out of the list of 14 specialists specified by the insurer. The coverage is up to ₹ 500 for each consultation.
Why Choose Care Supreme?
Care Supreme is designed for individuals and families looking for comprehensive health insurance with flexible coverage options. The plan combines extensive in-patient benefits, unlimited automatic recharge, optional covers, wellness features and one of the highest cumulative bonus benefits available under the policy. With entry ages extending up to 99 years and multiple sum insured options, it offers flexibility for different healthcare needs.
Care Supreme Health Plan Exclusions
The Care Supreme Plan does not provide any coverage for the following;
- Self-inflicted injury or any suicide attempt.
- Treatment for drug or substance abuse.
- Dental treatments that do not require hospitalisation, charges for contact lenses or spectacles.
- Pregnancy, childbirth, abortion, miscarriage.
- Congenital diseases.
- Infertility treatments.
- Cosmetic surgeries.
- Activities involving breach of law.
Conclusion
Care Supreme is a comprehensive health insurance plan that offers a wide range of coverage options, flexible sum insured choices and valuable optional benefits. Along with its in-built Cumulative Bonus, the optional Cumulative Bonus Super helps policyholders enhance their coverage over successive renewals, making it easier to stay prepared for rising healthcare costs. Before purchasing the plan, review the policy brochure carefully to understand the coverage, waiting periods, exclusions and optional benefits.
Disclaimer: All plan features, benefits, coverage, and claims underwriting are subject to policy terms and conditions. Kindly refer to the brochure, sales prospectus, and policy documents carefully.
