Max New York Life Insurance Company Limited

Another health insurance policy that Max New York Life Insurance Company Limited has come up with is the Lifeline Wellness Plan.

The SALIENT FEATURES of this plan are:

· There is a 5-year guarantee on the premium payable

· Coverage tenure of up to 20 years

· Coverage for 10 critical illnesses

· Cancer

· Coma

· Kidney Failure

· Multiple Sclerosis

· Heart Attack

· Paralysis/paraplegia

· Stroke

· Major organ transplant

· Coronary artery bypass surgery

· Heart valve surgery

· On the happening of any of the events given above and if it is confirmed by a registered medical practitioner, the life insured has survived for at least 28 days after the happening of the insured event and the claim documents have been submitted within 60 days from the date of the happening, the company will pay 100% of sum insured subject to a maximum of Rs.20 lacs

· Waiting period is 180 days from policy commencement

ELIGIBILITY CRITERIA:

· Minimum entry age is 18 years

· Maximum entry age is 60 years

· Policy term options are 10/15/20 years

· Maximum age at maturity can be 75 years

UNIT BENEFIT:

The benefits are converted into units from 1 to 10 and one unit can be chosen at the time of opting for the policy.But oncethe unit is chosen and the policy is in effect, the unit option cannot be changed. The sum insured against those units are as under:

EXCLUSIONS:

No benefits under this policy are payable in case of any of the following:

· Any pre-existing condition

· Any insured event happening within the first 180 days of the effective date and within 90 days of the date of revival of the policy, except a critical illness which occurs from or is caused as a result of an injury

· Opportunistic diseases associated with AIDS or HIV infections

· Suicide or attempted suicide or intentional self inflicted injury

· Influence of drugs or alcohol

· War invasion, civil war, riots or any warlike operations

· Participation in criminal or unlawful act

· Service in the military/para-military, naval, air forces or police organizations of any country in a state of war

· Participation in any flying activity other than as a bonafide passenger in a licensed aircraft

· Engaging in or taking part in professional sport or any hazardous pursuits

· Exposure to radioactive, explosive or hazardous nature of nuclear fuel materials

· Failure to seek or follow medical advice

· Any congenital conditions

· Any pre-malignant tumors, polyps or carcinoma-in-situ of any organ

· Pregnancy or childbirth or complications arising therefrom

The policies of Max New York Life Insurance can be purchased online through www.maxnewyorklife.com or they can be called on their toll free number 1800-180-5577

The BENEFITS of buying a health insurance plan from Max New York Life are:

· Cashless hospitalization

· Tie up with over 4000 hospitals across the country

Max New York Life Insurance Company Limited

Max New York Life Insurance Company Limited is a joint venture between Max India Limited, one of India’s leading multi-business corporations and New York Life International, a Fortune 100 company.

One of the health insurance plans that Max New York Life has come up for the entire family is the Lifeline Safety Net Plan.

The SALIENT FEATURES of this plan are:

· Covers to protect policyholder and her/his family in the unfortunate event of death, disease, accident and disability

· In case of death, the company will pay a sum equal to the sum insured subject to deduction of critical illness benefit, if paid any

· In the event of critical illness, the company will pay 50% of the sum insured

· If there is total permanent disability, the company pays an additional benefit of 50% of sum insured

· An additional benefit of 100% of sum insured is paid in the case of accidental death benefit

· Sum insured can be taken for amounts ranging from Rs.2 lacs to Rs.40 lacs

· There is a 5-year guarantee on the premium payable

· High coverage tenure of up to 30 years

· Coverage for 10 critical illnesses

· Cancer

· Coma

· Kidney Failure

· Multiple Sclerosis

· Heart Attack

· Paralysis/paraplegia

· Stroke

· Major organ transplant

· Coronary artery bypass surgery

· Heart valve surgery

ELIGIBILITY CRITERIA:

· Minimum entry age is 18 years

· Maximum entry age is 60 years

· Policy term is 10/15/20/25/30 years

· Maximum cover ceasing age is 75 years

EXCLUSIONS:

No benefits will be payable if the insured event occurs due to one of the following reasons:

· Opportunistic diseases associated with AIDS or HIV infections

· A pre-existing condition

· Suicide or attempted suicide or intentional self inflicted injury within 12 months after the issuance or reinstatement of the policy. No total and permanent disability benefit will be payable if it occurs as a result of attempted suicide or intentional self inflicted injury

· Influence of drugs or alcohol

· War invasion, civil war, riots or any warlike operations

· Participation in criminal or unlawful act

· Service in the military/para-military, naval, air forces or police organizations of any country in a state of war

· Participation in any flying activity other than as a bonafide passenger in a licensed aircraft

· Engaging in or taking part in professional sport or any hazardous pursuits

· Exposure to radioactive, explosive or hazardous nature of nuclear fuel materials

The policies of Max New York Life Insurance can be purchased online through www.maxnewyorklife.com or they can be called on their toll free number 1800-180-5577

Some otherBENEFITS of buying a health insurance plan from Max New York Life apart from the ones given above are:

· Cashless hospitalization

· Tie up with over 4000 hospitals across the country

Max New York Life Insurance Company Limited

Max New York Life Insurance Company Limited is a joint venture between Max India Limited, one of India’s leading multi-business corporations and New York Life International, a Fortune 100 company. One of the health insurance plans that Max New York Life has come up with is the Lifeline Medi-cash Plus plan, which has some additional features to the Lifeline Medi-cash Plan.

The SALIENT FEATURES of this plan are:

· There is a 5-year guarantee on the premium payable

· Guaranteed long term coverage for 10 years subject to premium paid by the policyholder

· Medi cash covers a policyholder for 50 days in any policy year and 250 days through the term of the policy. So a policyholder can claim for cover any number of times within these limits

· A 20% discount is offered from the 6^th year onwards if the first 5 years have been claim free

ELIGIBILITY CRITERIA:

· Minimum entry age is 18 years

· Maximum entry age is 55 years

· Policy term is 10 years

· Maximum age at maturity can be 65 years

UNIT BENEFIT:

Max New York Life gives units against the premium paid towards the health insurance policy. These units are a representation of a collective set of benefits that the policyholder proposes for the policy. The benefits against those units are as under:

Annual Limit: 50 days of hospitalization

Policy Term Limit: 250 days of hospitalization

EXCLUSIONS:

No benefits under this policy are payable if there is an admission into a hospital in respect of the following:

· For treatment of a pre-existing condition within 90 days from the effective date of the policy

· For treatment of surgery purely for the purpose of routine examination, preventive medical check up, vaccinations, diagnosis, screening and investigations

· For treatment for any psychiatric, mental or nervous condition

· For dental treatment, supply or fitting of eyeglasses or hearing aids, LASIK, Phakik Intra Ocular Lens implants or any other procedures carried out for purpose of correcting refractive errors

· For pregnancy and childbirth, pregnancy complications such as toxaemia, abortion, contraceptive measures and fertility tests

· For treatment of infertility or of a sexually transmitted disease

· Cosmetic or plastic surgery except where such surgery is medically necessary for treatment of an injury

· For sex change operation

· For an organ transplant procedure, where the life insured himself/herself acts as a donor

· Purely for convalescent care, rest care, rehabilitation

· Where treatment or surgical procedure is not undertaken or carried out by a registered medical practitioner

· Outside India

No benefits will be payable if the insured event occurs due to one of the following reasons:

· Opportunistic diseases associated with AIDS or HIV infections

· Suicide or attempted suicide or intentional self inflicted injury

· Influence of drugs or alcohol

· War invasion, civil war, riots or any warlike operations

· Participation in criminal or unlawful act

· Service in the military/para-military, naval, air forces or police organizations of any country in a state of war

· Participation in any flying activity other than as a bonafide passenger in a licensed aircraft

· Engaging in or taking part in professional sport or any hazardous pursuits

· Exposure to radioactive, explosive or hazardous nature of nuclear fuel materials

The policies of Max New York Life Insurance can be purchased online through www.maxnewyorklife.com or they can be called on their toll free number 1800-180-5577

The BENEFITS of buying a health insurance plan from Max New York Life are:

· Cashless hospitalization

· Tie up with over 4000 hospitals across the country

· Fixed daily hospitalization benefit available irrespective of amount of actual billing

· Benefits are payable along with any other health insurance policy that the policyholder may have with Max New York Life or any other insurance company

Max New York Life Insurance Company Limited

Max New York Life Insurance Company Limited is a joint venture between Max India Limited, one of India’s leading multi-business corporations and New York Life International, a Fortune 100 company. One of the health insurance plans that Max New York Life has come up with is the Lifeline Medi-cash plan.

The SALIENT FEATURES of this plan are:

· There is a 5-year guarantee on the premium payable

· Guaranteed long term coverage for 10 years subject to premium paid by the policyholder

· Medi cash covers a policyholder for 50 days in any policy year and 250 days through the term of the policy. So a policyholder can claim for cover any number of times within these limits

· A 20% discount is offered from the 6^th year onwards if the first 5 years have been claim free

ELIGIBILITY CRITERIA:

· Minimum entry age is 18 years

· Maximum entry age is 55 years

· Policy term is 10 years

· Maximum age at maturity can be 65 years

UNIT BENEFIT:

Max New York Life gives units against the premium paid towards the health insurance policy. These units are a representation of a collective set of benefits that the policyholder proposes for the policy. The benefits against those units are as under:

EXCLUSIONS:

No benefits under this policy are payable if there is an admission into a hospital in respect of the following:

· For treatment of a pre-existing condition within 90 days from the effective date of the policy

· For treatment of surgery purely for the purpose of routine examination, preventive medical check up, vaccinations, diagnosis, screening and investigations

· For treatment for any psychiatric, mental or nervous condition

· For dental treatment, supply or fitting of eyeglasses or hearing aids, LASIK, Phakik Intra Ocular Lens implants or any other procedures carried out for purpose of correcting refractive errors

· For pregnancy and childbirth, pregnancy complications such as toxaemia, abortion, contraceptive measures and fertility tests

· For treatment of infertility or of a sexually transmitted disease

· Cosmetic or plastic surgery except where such surgery is medically necessary for treatment of an injury

· For sex change operation

· For an organ transplant procedure, where the life insured himself/herself acts as a donor

· Purely for convalescent care, rest care, rehabilitation

· Where treatment or surgical procedure is not undertaken or carried out by a registered medical practitioner

· Outside India

No benefits will be payable if the insured event occurs due to one of the following reasons:

· Opportunistic diseases associated with AIDS or HIV infections

· Suicide or attempted suicide or intentional self inflicted injury

· Influence of drugs or alcohol

· War invasion, civil war, riots or any warlike operations

· Participation in criminal or unlawful act

· Service in the military/para-military, naval, air forces or police organizations of any country in a state of war

· Participation in any flying activity other than as a bonafide passenger in a licensed aircraft

· Engaging in or taking part in professional sport or any hazardous pursuits

· Exposure to radioactive, explosive or hazardous nature of nuclear fuel materials

The policies of Max New York Life Insurance can be purchased online through www.maxnewyorklife.com or they can be called on their toll free number 1800-180-5577

The BENEFITS of buying a health insurance plan from Max New York Life are:

· Cashless hospitalization

· Tie up with over 4000 hospitals across the country

· Fixed daily hospitalization benefit available irrespective of amount of actual billing

· Benefits are payable along with any other health insurance policy that the policyholder may have with Max New York Life or any other insurance company

Max New York Life Insurance Company Limited

A health insurance policy with certain additional features to the Lifeline Wellness Plan is the Lifeline Wellness Plus Plan that has been introduced by Max New York Life Insurance Company Limited. The SALIENT FEATURES of this plan are:

· There is a 5-year guarantee on the premium payable

· Coverage tenure of up to 20 years

· On the happening of any of the events given above and if it is confirmed by a registered medical practitioner, the life insured has survived for at least 28 days after the happening of the insured event and the claim documents have been submitted within 60 days from the date of the happening

· A claim if paid for any critical illness will not be paid again

· This policy is not offered to sub standard lives

· Waiting period is 180 days from policy commencement

ELIGIBILITY CRITERIA:

· Minimum entry age is 18 years

· Maximum entry age is 60 years

· Policy term options are 10/15/20 years

· Maximum age at maturity can be 75 years

UNIT BENEFIT:

The benefits are converted into units from 1 to 10 and one unit can be chosen at the time of opting for the policy.But oncethe unit is chosen and the policy is in effect, the unit option cannot be changed. The sum insured against those units are as under:

LIST OF COVERED CRITICAL ILLNESS CONDITIONS:

The list of covered critical illness conditions is divided into 3 groups based on the severity of the disease and the benefits payable under each group. Once a claim is put across for a particular critical illness, the cover will continue for the balance sum insured. The list is given below:

EXCLUSIONS:

No benefits under this policy are payable in case of any of the following:

· Any pre-existing condition

· Any insured event happening within the first 180 days of the effective date and within 90 days of the date of revival of the policy, except a critical illness which occurs from or is caused as a result of an injury

· Opportunistic diseases associated with AIDS or HIV infections

· Suicide or attempted suicide or intentional self inflicted injury

· Influence of drugs or alcohol

· War invasion, civil war, riots or any warlike operations

· Participation in criminal or unlawful act

· Service in the military/para-military, naval, air forces or police organizations of any country in a state of war

· Participation in any flying activity other than as a bonafide passenger in a licensed aircraft

· Engaging in or taking part in professional sport or any hazardous pursuits

· Exposure to radioactive, explosive or hazardous nature of nuclear fuel materials

· Failure to seek or follow medical advice

· Any congenital conditions

· Any pre-malignant tumors, polyps or carcinoma-in-situ of any organ

· Pregnancy or childbirth or complications arising therefrom

The policies of Max New York Life Insurance can be purchased online through www.maxnewyorklife.com or they can be called on their toll free number 1800-180-5577

The BENEFITS of buying a health insurance plan from Max New York Life are:

· Cashless hospitalization

· Tie up with over 4000 hospitals across the country

Max New York Life Insurance Company Limited

Max New York Life Insurance Company Limited has come up with a Lifeline Healthy Family Plan that is a plan for the policyholder, his spouse, children and even parents.

The SALIENT FEATURES of this plan are:

· This plan covers self, spouse, children (born and unborn) and parents

· Covers 38 critical illnesses

· Annual 5% automatic increase in surgical cash benefit

· 430+ surgeries covered

· Daily cash benefit

· ICU cash benefit

· Post hospitalization care benefit

· Surgical cash benefit

· Cover for critical illness

ELIGIBILITY CRITERIA:

· Entry age for children is from 0 to 18 years

· Entry age for all others between 18 years and65 years

· Policy term is 10years

· Guaranteed renewability is 75 years

· There is no capping on the number of children covered

· Parental cover maximum age for entry is 65 years

BENEFIT STRUCTURE FOR FAMILY COVERING POLICYHOLDER, SPOUSE AND CHILDREN:

BENEFIT STRUCTURE FOR PARENTS:

The policies of Max New York Life Insurance can be purchased online through www.maxnewyorklife.com or they can be called on their toll free number 1800-180-5577

Some otherBENEFITS of buying a health insurance plan from Max New York Life apart from the ones given above are:

· Cashless hospitalization

· Tie up with over 4000 hospitals across the country

· Up to Rs.35000 as tax benefit under Section 80D of the Income Tax Act with Rs.15000 exemption from insurance for self, spouse and children and Rs.20000 from insurance for parents

· Fixed hospitalization benefits irrespective of actual billing

· Photocopies of bill will suffice for taking a claim