1 Crore Health Insurance- Higher Coverage Starts @ ₹31/day^

Importance of Buying a Health Insurance Policy of ₹1 Crore

Here are the reasons why one should consider buying ₹1 crore medical insurance in India:

• Rising Medical Inflation: Hospitalisation costs in India, especially in metro cities, can exceed lakhs. Treatments like cancer care, organ transplants, or ICU stays may cost ₹20–30 lakh. A family health insurance plan with ₹1 crore coverage can provide crucial financial support.
• Risk of Lifestyle Diseases: Lifestyle-related illnesses are increasing. Even with a healthy lifestyle, being financially prepared with ₹1 crore health insurance ensures security during medical emergencies.
• Higher Sum Insured: Choosing higher coverage, up to crores, ensures you never have to compromise between quality treatment and affordability.
• Extended Benefits: Health insurance policies with ₹1 crore coverage often include benefits like premium payback, global coverage*, cumulative bonus, and wellness benefits. Add-ons such as infinity bonus, instant cover, and tenure multiplier further enhance coverage.

Note: Certain benefits are subject to policy terms & conditions. Please refer to the policy fine print.

Benefits of a ₹1 Crore Health Insurance Plan

When you choose a high-sum insured like ₹1 crore health insurance, you unlock a comprehensive range of benefits that surpass basic coverage. Here are the benefits of ₹1 crore medical insurance:

• Cashless hospitalisation: Access to a large network of cashless hospitals ensures treatment without the stress of arranging financial assistance during emergencies.
• Tax benefits: Policyholders can claim tax deductions under Section 80D of the Income Tax Act for premiums paid.
• Wellness & preventive care: Plans offer benefits like annual health check-ups, fitness features, and wellness discounts up to 30% for maintaining active days as per policy terms and conditions.
• Premium payback benefit: Health plans such as Ultimate Care reward healthy living with a premium payback, where the first year’s base policy premium is returned within a 5-year block.
• Infinity/Cumulative bonus: Increase your sum insured by 50% every year (up to 100%) regardless of claims made.
• Loyalty boost: Receive double the sum insured after 7 claim-free years, with the base year's amount added to the total coverage.
• Welcome discount: Enjoy a 30% discount in the first year, 20% in the second, and 10% in the third year under selected health cover plans.

Is 1 Crore Health Insurance Worth It?

Absolutely. Given the increasing healthcare expenses and the growing incidence of chronic diseases, a ₹1 crore medical insurance acts as a long-term investment in your health and economic peace of mind.

For example, A 24-year-old in a Zone 1 city can get coverage of ₹1 crore for as low as ₹1444/month. That's less than the expense of a weekend outing, and it could save you lakhs during a clinical crisis.

Features of a ₹1 Crore Health Insurance Plan

When choosing a 1 cr health insurance plan, ensure it includes these essential features. Here is a thorough comparison of our one crore health insurance policies to help you buy the right medical insurance with higher coverage:

Who Should Buy a 1 Crore Health Insurance Plan?

Here is who should consider buying a 1 cr health insurance:

• Families with senior citizens or dependent children
• Regular travellers or NRIs
• Individuals with a family history of critical diseases
• People living in metro cities with expensive healthcare services

Why Should You Buy a ₹1 Crore Health Plan Early?

• Lower premiums
• Minimal or no health checkups
• Shorter waiting periods
• Lock in lifelong renewability early

What is Covered Under 1 Cr Health Insurance?

When offering a ₹1 cr health insurance policy, Care Health Insurance aims to ensure that the customer understands the coverage and the workings of the policy clearly.

Here are the coverage benefits and their definitions to help you better understand the plan.

• In-Patient Hospitalisation: The ₹1 Crore health insurance for the family offers coverage up to the sum insured for the costs incurred for hospitalisation, room rent, nursing charges, doctor visits, medication, etc., if the insured member is hospitalised for more than 24 hours.
• Daycare Treatment: The plan offers coverage up to the sum insured for daycare treatments requiring less than 24 hours of hospitalisation. Treatments such as dialysis, chemotherapy, and cataract surgeries are examples of daycare treatments covered in our 1 crore medical insurance.
• Pre-hospitalisation: The expenses incurred in doctor’s consultations, medication, diagnosis, and treatment before hospitalisation are known as pre-hospitalisation expenses. The ₹1 cr health insurance covers these expenses for up to 60 days before hospitalisation.
• Post-hospitalisation: The expenses incurred for doctor’s consultations, diagnostic tests, medications, etc., for the same illness for which the insured was hospitalised, are covered for up to 180 days after the date of discharge.
• Ambulance Cover: The incurred cost is covered if an insured member requires a domestic road ambulance in a medical emergency. The coverage may vary based on the policy terms.
• Organ Donor Cover: If an insured member must undergo an organ transplant, the donor's surgery cost shall be covered under the 1 Cr health insurance plan. The coverage shall be offered as per the policy terms.
• Automatic Recharge: Our ₹1 Cr medical insurance policy automatically recharges exhausted coverage up to the base policy sum insured.
  Note: Under Care Supreme & Ultimate Care, this benefit is available for unlimited times.
• Unlimited E-Consultations: With a ₹1 Cr health insurance plan, you can access unlimited e-consultations with general physicians from the Care Health Insurance mobile app.
• AYUSH Treatment: ₹1 Cr health insurance offers Alternative treatment coverage of up to the sum insured if the insured person is hospitalised for more than 24 hours in an AYUSH-certified clinic.
• Global Coverage: Our ₹1 Cr family health insurance offers coverage if you wish to receive treatment for planned and unplanned medical emergencies in a foreign country.

Disclaimer: Global coverage is available with the Care Advantage plan. Please carefully refer to the policy documents to get details on the scope of coverage.

What is Not Covered Under 1 Cr Health Insurance

With the ₹1 Cr health insurance plan by your side, you can be assured of getting the most comprehensive coverage; however, there may still be specific exclusions that you must know to avoid claim rejections. The exclusions of the policy are:

• Pre-existing illnesses are not covered up to a waiting period of 3 years.
• Expenses incurred due to suicide/ attempted suicide, self-inflicted injuries, etc., are not covered under the ₹1 Cr medical insurance plan.
• Slow-growing diseases, planned surgeries, or medical events occurring within 30 days of the policy start date.
• Expenses arising out of or attributable to alcohol or drug use/misuse/abuse.
• Treatment arising from or traceable to pregnancy and childbirth, miscarriage, abortion, and their consequences.
• Tests and treatments relating to infertility and in vitro fertilisation.
• War, riot, strike, nuclear weapons-induced hospitalisation.
• External Congenital Diseases

Please review the policy terms and conditions to learn about the exclusions of 1 Cr medical insurance.

Add-on Benefits in a ₹1 Crore Health Insurance Plan

A ₹1 crore mediclaim policy offered by Care Health Insurance comes with several optional benefits to help you customise your plan as per your unique needs. Read further to get a basic understanding of add-ons in our ₹1 crore health insurance policy:

• No Claim Bonus Super: In the ‘Care Advantage Plan’, this add-on rewards you with a 50% increase in coverage for every claim-free year, with your total coverage increasing up to 100%.
• Care Shield Plus: Covers over 140 non-payable hospitalisation items, protects NCB/NCB Super for claims below 25% of the base sum insured, and increases policy sum insured on renewal based on CPI inflation.
• Air Ambulance Cover: Available with global cover of ₹2/3/6 crore, this add-on covers air transfer between hospitals as per a doctor’s written advice.
• Room Rent Modification: Helps you upgrade from a “Single Private AC Room” to “All Category” room options under the ₹1 crore health insurance policy.
• Smart Select: Reduces your premium by restricting access to a selected hospital network. Treatments outside this network attract a 20% co-pay.
• Protect Plus: Offers global coverage for planned treatments as per the policy terms and conditions.
• Annual Health Check-up: Provides one cashless full-body check-up per insured member every year at network laboratories.
• Care OPD: Offers up to 8 OPD consultations (4 General Physicians + 4 Specialists) per insured member annually.
• Reduction in PED Wait Period: Reduces your pre-existing disease waiting period from 36 months to 24 or 12 months.
• Unlimited Care: Allows one major claim during the policy lifetime without any cap on the claim amount.
• Be-fit Plus: Provides unlimited access to network fitness centres for insured members aged 12 years and above.
• Instant Cover: Waives the waiting period for lifestyle diseases like hypertension, diabetes, asthma, hyperlipidemia, hypothyroidism, coronary artery diseases, and obesity up to 30 days.

For a complete list of add-ons, kindly refer to the policy fine print. Please note that not all optional benefits of ₹1 crore health insurance apply to global coverage. Always check policy documents for detailed terms.

Tax Benefits Under 1 Crore Medical Insurance

A  ₹1 cr Health insurance policy covers your medical expenses and offers you tax benefits under Section 80D of the Income Tax Act. As per this provision, you can claim a tax deduction of up to ₹75,000 in a financial year for the premium you pay towards the policy.

To make the tax deduction simpler for you to understand, below is an illustrative table:

Tax benefits are subject to changes in tax laws. Standard T&C Apply

How to Claim 1 Crore Health Insurance?

The claim settlement process for a  ₹1 cr medical insurance plan is seamless. Two types of claim options are given: cashless and reimbursement. In case of emergency hospitalisation, contact our customer support team and inform us within 24 hours of your admission to the hospital. In case of planned hospitalisation, notify us 48 hours before admission. Here is the process:

Cashless Hospitalisation Claim Process

• Submit the duly filled and signed pre-authorisation form to the hospital insurance desk.
• Our claim management team will send an approval letter.
• If required, our claim management team might raise a query.
• After the approval, your bills will be directly paid to the hospital.

Reimbursement Claim Process

• Submit the duly completed and signed Health Insurance claim reimbursement form along with all the required documents:
• You are required to submit the following documents:
• Valid photo ID proof
• Medical certificate issued by the hospital/doctor
• Original bills, receipts, and discharge form issued by the hospital/doctor
• Other documents, as requested by the insurer
• Our claim management team may raise a query if required
• The claim management team will send an approval letter
• At last, the claims team will communicate in case of any rejection

How to Buy a ₹1 Crore Medical Insurance Plan Online?

Buying a one crore medical insurance with us is easy and hassle-free with these steps:

Assess your healthcare needs and budget

Start by evaluating your medical requirements, family health history, and monthly/annual budget to choose a plan that fits your needs.

Compare different plans on our website with 1 cr coverage

Review plan benefits, inclusions, add-ons, and premium options to select the most suitable ₹1 crore health insurance plan.

Get a free quote by providing the necessary information

Enter details such as age, city, and coverage preference to instantly receive a personalized quote.

Submit required documents (Aadhaar, PAN, medical history, etc.)

Upload or share the required KYC and medical information to complete the proposal and ensure accurate underwriting.

Pay the premium online

Make a secure payment using UPI, net banking, debit card, or credit card to activate your policy purchase.

Receive your policy via email and SMS

Once your payment is confirmed, you will receive the policy document and confirmation details instantly on your registered email and mobile number.

Stay covered

Keep your policy handy, renew on time, and enjoy continued coverage for high medical expenses up to ₹1 crore.

Buying Health Insurance with 1 Cr Coverage: Things to Remember

It is crucial to consider certain factors when choosing a ₹1 cr health insurance as listed below:

• Expenses covered: Make sure to select a sum insured that will not fall short in case of an emergency, and a premium that is not too absurd.
• Waiting Period: The waiting period is one clause that you must carefully check and assess before purchasing a policy with a higher sum insured. Generally, there is a waiting period of 36 months for pre-existing diseases and 24 months for specified slow-growing diseases.
• Network Hospitals: You should always check the insurance company's network of healthcare providers. In case of a medical emergency or hospitalisation, the hospitals in the network offer cashless treatment options under this facility.
• Lifetime Renewability: Look for health policies that offer lifetime renewability. There is a higher chance of suffering from diseases and illnesses when you are older.

• Your Healthcare Needs: Before opting for a ₹1 cr health insurance policy, you must assess your healthcare needs by considering factors such as age, the number of family members, medical history, etc. Consider opting for a 1 to 6 Crore cover, depending on the medical expenses.
• Premium: Opt for a policy with a high sum insured, like a customised ₹1 cr health insurance policy, and you can expect an affordable ₹1 Cr health insurance premium rate.
• Buy Health Insurance Online: Technology has made buying a mediclaim policy of 1 Crore easy and convenient. You now have the option to review the best policies comfortably from your mobile or computer screen. Also, you can make premium payments and raise a claim request online.

Common Myths About 1 Crore Health Insurance Plans Debunked

Several myths surround  ₹1 cr health insurance plans. Let’s read and debunk a few below.

• Younger Individuals Don’t Need a 1 Crore Health Insurance Policy: Every age group needs a health insurance policy because of poor lifestyle patterns. The rise in health issues among the young generation highlights the need for health insurance for all ages.
• You Get Covered As Soon As You Get the Plan: The coverage effectiveness varies from insurer to insurer, even for the most comprehensive ₹1 cr health insurance plans.
• Online Plans Can be Misleading: Purchasing ₹1 crore health insurance online can only be misleading if you don’t make a careful purchase. Check the insurer's official website, refer to the policy documents to understand the coverage and exclusions, and make payments through secure gateways. You can easily avoid fraudulent activities when purchasing your 1 crore health insurance plan online.
• Hiding Pre-existing Diseases Doesn’t Make a Difference: People are always convinced to hide their current medical conditions to get a few thousand off on their existing health conditions. You must never hide your current medical issues, as this may affect the claims made during the policy year.

Why Should You Choose Care Health Insurance for ₹1 Cr Health Insurance Coverage?

Care Health Insurance is among the top insurance providers offering exceptional insurance-related services to its customers. It has marked its presence in the insurance industry remarkably. Here are some key reasons to choose Care Health Insurance for a ₹1 crore health insurance plan:

• High Sum Insured at Competitive Premiums
• Comprehensive Coverage, including hospitalisation, day-care procedures, pre- and post-hospitalisation, domiciliary care, and organ donor expenses.
• Wide Network of Hospitals
• Global Coverage Option
• Annual Health Checkups
• Quick Claim Settlement
• Customisable Add-on