Prajna Capital

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• Star Family Delite Insurance Policy
• Chola MS Family Healthline - Advanced Plan
• Apollo Munich Easy Health Premium - Individual Plan

Star Family Delite Insurance Policy Posted: 14 Nov 2013 01:04 AM PST Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)   Star Family Delite Insurance Policy Objective This is a family floater policy that will provide cover against hospitalisation expenses.   Suited for This policy is suitable for those with low budgets. Anyone between 5 months and 65 years can be included in this policy.   What does it do? This policy is designed to cover hospitalisation expense of a family on floater cover basis. Floater cover allows any of the insured members to use the sum insured until it is depleted. It covers inpatient hospitalisation expenses and pre and post hospitalisation expenses up to the stated limits. Maximum cover allowed for room rent, boarding, lodging and ICU are capped to certain percentage of sum insured. It also pays for emergency ambulance and day care procedures. Day care procedures are those that do not require an overnight admission in hospital due to technological advancements such as chemotherapy, dialysis etc.   Pros The policy allows lifetime renewal and premiums paid toward the policy qualify for deduction under section 80D of Income Tax Act.   Cons Room rent and ICU charges are capped. It is not available for purchase online.   Our View While capping of expenses is a drawback, it also reduces the premium cost. Premium rates for this policy are lower than policies without sub-limits. However, we recommend policies without sub-limits if there are no budget constraints.   Eligibility Entry Age (years) Minimum 5 months Maximum 65 Maximum Policy Renewal Age (years) Lifetime renewal Coverage Type Family floater Policy Term (years) 1 Sum Insured (Rs) Maximum 3 lakh Minimum 2 lakh Policy Termination Either of insurance company or policyhlder can terminate the policy by giving a 30 days notice period. Customer Service Address Corporate Office: No.1, New Tank Street, Valluvar Kottam High Road, Nungambakkam, Chennai - 60003 Mail to customercare@uiic.co.in Call to 1800 425 2255, 044-28288800 SMS STAR to 56677 Network Hospitals Http://www.starhealth.in/hospital.php   Scope Of Cover Cashless Facility available at network hospitals Reimbursement facility available at non-network hospital Pre hospitalisation covered upto 30days Post hospitalisation 7% of the hospitalization expenses (excluding room rent) subject to a maximum of Rs.5000/- per hospitalisation within 60 days of discharge Inpatient hospitalisation covered Room rent, boarding and nursing 1% of the sum insured ICU charges 1.5% of the sum insured Surgeon's fees Consultant's fees Anesthetist fees covered Cost of blood, oxygen, diagnostic expenses, cost of pace maker covered Ambulance expenses covered Day care procedures covered   Exclusions and Waiting Period Pre-existing diseases covered after initial 48 months No claim period 30 days since inception of the policy Waiting period 2 years for certain diseases namely hernia, catarct, vericose veins, sinusitis, tonsillitus etc. General exclusions pregnancy related claims Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C. Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving) Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications These Application Forms can be used for buying regular mutual funds also Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds ) ICICI Prudential Tax Plan Invest Online HDFC TaxSaver Invest Online DSP BlackRock Tax Saver Fund Invest Online Reliance Tax Saver (ELSS) Fund Invest Online Birla Sun Life Tax Relief '96 Invest Online IDFC Tax Advantage (ELSS) Fund Invest Online SBI Magnum Tax Gain Scheme 1993 Invest Online Sundaram Tax Saver Invest Online Edelweiss ELSS Invest Online ------------------ Best Performing Mutual Funds Largecap Funds Invest Online DSP BlackRock Top 100 Fund ICICI Prudential Focused Blue Chip Fund Birla Sun Life Front Line Equity Fund Large and Midcap Funds Invest Online ICICI Prudential Dynamic Plan HDFC Top 200 Fund UTI Dividend Yield Fund Mid and SmallCap Funds Invest Online Reliance Equity Opportunities Fund DSP BlackRock Small & Midcap Fund Sundaram Select Midcap IDFC Premier Equity Fund Small and MicroCap Funds Invest Online DSP BlackRock MicroCap Fund Sector Funds Invest Online Reliance Banking Fund Reliance Banking Fund Tax Saver MutualFunds Invest Online ICICI Prudential Tax Plan HDFC Taxsaver DSP BlackRock Tax Saver Fund Reliance Tax Saver (ELSS) Fund Gold Mutual Funds Invest Online Relaince Gold Savings Fund ICICI Prudential Regular Gold Savings Fund HDFC Gold Fund Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now

Chola MS Family Healthline - Advanced Plan Posted: 14 Nov 2013 12:00 AM PST Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)   Chola MS Family Healthline- Advanced Objective An online health insurance policy that aims to cover a family of up to two adults and three children under a single policy for a maximum sum insured of 15 lakh.   Suited for It is suitable for a young and growing family.   What does it do? This is the third variant of Family Healthline policy. It offers a family floater cover where Sum Insured can be utilized by any of the insured members. It covers hospitalisation expenses for treatment taken as an inpatient, day care procedures, emergency ambulance, pre and post hospitalisation expenses and also provides a daily cash amount for choosing shared accommodation. In addition to these benefits, the policy pays for domiciliary treatment i.e, treatment taken at home, maternity expenses and a daily cash amount in event of an insured minor being hospitalized. Insurer further widens the coverage by including OPD dental treatment, ayurvedic treatment and external aids such as contact lenses, spectacles etc. This policy comes with a co-payment clause whereby, policyholder will need to pay 10 per cent of admissible claim each time except in case of treatments which already contain a co-pay clause specific to them. Co-pay clause can be waived by paying additional premium. Policyholder may also avail reminder or alert facility known as Chola Wellness Health Alert Services (CWHAS) from insurer by paying an additional premium.   Pros It pays a bonus for every claim-free year on an annual basis. It allows lifelong renewal. Chola Wellness Health Alert Services will prevent missing on important events. It provides an option to waive off the co-payment clause. It is available online for purchase. Policy premium qualifies for taxation benefit under section 80D of Income Tax Act.   Cons The co-payment clause requires policyholder to pay 10 per cent of the admissible claim. There is a cap on room rent, boarding and nursing expenses. No-claim bonus will be reversed by 10 per cent in the event of any claim.   Our View A comprehensive policy meant for young and a growing family that allows lifetime renewal. Co-payment clause acts as a limitation. Check the additional premiums required to waive Co-pay clause. Try to avoid such clauses if you are young an healthy. It also caps room rent and boarding expenses which is another deterrent.   Eligibility Entry Age (years) Minimum 18; 3 Months for Children Maximum 65; 35 for Children Maximum Policy Renewal Age (years) Lifetime renewal Coverage Type Family floater Policy Term (years) 1 Sum Insured (Rs) Maximum 15 lakh Minimum 6 lakh No Claim Bonus 5% of Sum Insured for each claim free year Pre Policy Medical Check Up Not required upto 55 years of age Grace Period for Policy Renewal 15 days Co Payment Clause Policyholder has to bear 10% of the admissible claim amount Policy Termination Either of insurerd or policyholder may terminate this policy by giving a notice period of 15 days. If no claim has been made, insurer will return premium on a pro-rata basis Customer Service Address Registered Office:Cholamandalam MS, General Insurance Company Ltd, 2nd Floor, "Dare House", No.2, NSC Bose Road, Chennai - 600001, India Mail to customercare@cholams.murugappa.com Call to 044-3044 5400, 1800-200-5544 (Toll Free) SMS SMS "CHOLA" to 56677 Network Hospitals Http://www.cholainsurance.com/nwhosp/   Scope of Cover Cashless facility available if treated at network hospital Reimbursement facility available if treatment taken in an non-network hospital Pre and post hospitalisation covered from 60 days prior to hospitalisation and upto 90 days after discharge from hospital Inpatient hospitalisation covered Room, boarding and nursing expenses upto 1% of Sum Insured Day Care Procedures 141 in number are covered Daily cash for choosing shared accommodation Rs 500 per day for upto 14 days with 1 day deductible General health check-up & eye examination 1.0% of Sum Insured per family Emergency ambulance 3000 Home hospitalization upto 25% of Sum Insured, maximum Rs 1 lakh Maternity expenses Rs 25000 for normal delivery and Rs 40000 for caesarean Minor accompaniment daily cash Rs 250 per day for max 14 days with 1 day deductible Outpatient dental treatment 1% of Sum Insured s.t, max of Rs 5000 with 30% co-payment Ayurvedic treatment( only for specific treatments mentiond in policy document) 7.5% of Sum Insured with 20% co-payment applicable External aids (specs, contact lenses, hearing aids once in a block of 2 years) 1% of Sum Insured, max Rs 5000 with 30% co-payment   Exclusions and Waiting Period Pre-existing diseases not covered upto 48 months of continuous coverage from first policy year No claim Period 30 days from commencement of the policy Waiting period 5 years for maternity benefits3 years for OPD dental expenses3 years for external aid benefitscataract, hernia, sinusitis and certain other illnesses will be covered after 1 yearCertain other illnesses such as cysts, internal tumours, surgery of varicose veins and varicose ulcers etc. will be covered after 2 years General Exclusions Cosmetic, beauty or slimming treatment.AIDS or any related illnessTreatment of any mental or related disease Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C. Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving) Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications These Application Forms can be used for buying regular mutual funds also Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds ) ICICI Prudential Tax Plan Invest Online HDFC TaxSaver Invest Online DSP BlackRock Tax Saver Fund Invest Online Reliance Tax Saver (ELSS) Fund Invest Online Birla Sun Life Tax Relief '96 Invest Online IDFC Tax Advantage (ELSS) Fund Invest Online SBI Magnum Tax Gain Scheme 1993 Invest Online Sundaram Tax Saver Invest Online Edelweiss ELSS Invest Online ------------------ Best Performing Mutual Funds Largecap Funds Invest Online DSP BlackRock Top 100 Fund ICICI Prudential Focused Blue Chip Fund Birla Sun Life Front Line Equity Fund Large and Midcap Funds Invest Online ICICI Prudential Dynamic Plan HDFC Top 200 Fund UTI Dividend Yield Fund Mid and SmallCap Funds Invest Online Reliance Equity Opportunities Fund DSP BlackRock Small & Midcap Fund Sundaram Select Midcap IDFC Premier Equity Fund Small and MicroCap Funds Invest Online DSP BlackRock MicroCap Fund Sector Funds Invest Online Reliance Banking Fund Reliance Banking Fund Tax Saver MutualFunds Invest Online ICICI Prudential Tax Plan HDFC Taxsaver DSP BlackRock Tax Saver Fund Reliance Tax Saver (ELSS) Fund Gold Mutual Funds Invest Online Relaince Gold Savings Fund ICICI Prudential Regular Gold Savings Fund HDFC Gold Fund Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now

Apollo Munich Easy Health Premium - Individual Plan Posted: 13 Nov 2013 10:51 PM PST Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)   Apollo Munich Easy Health Premium- Individual Objective Easy Health Premium is the third variant of Apollo Munich Easy Health Policy. The objective of this policy is to provide protection against financial loss arising due to illness or accident. It also covers maternity expenses, out-patient dental cover, cost of spectacles and hearing aids. There is an add-on cover for critical illness and provision of taking second opinion from doctors on Insurer's panel, in case of critical illness.   Suited for This policy is suitable for any person seeking a wide coverage for medical uncertainties. It can be taken by any person up to 60 years of age and it is renewable lifelong.   What does it do? It covers maternity expenses. On acceptance of maternity claim, this policy offers to include the new born under same policy. Other benefits include daily cash amount to compensate the expenses for one adult accompanying insured child to the hospital, day care procedure which do not require a 24-hour stay in hospital due to technological upgradation, treatment taken at home on doctor's advice and daily cash for choosing shared accommodation in a network hospital. Expenses incurred towards inpatient hospitalisation including diagnostic procedures, boarding and lodging, ICU, operation theatre, anesthesia, blood, oxygen, medicines, drugs, nursing and medical practitioner charges are covered. Relevant medical expenses incurred prior to and post hospitalisation and emergency ambulance also fall under the ambit. Free health check up at end of two consecutive claim free years is allowed. To widen the scope of cover, you can take an additional cover for eight critical illnesses upon payment of extra premium. This add on cover is available till 70 years of age and not beyond that. Other benefits such as out-patient dental treatment, cost of external instruments to support vision and hearing are capped to sum insured. Moreover, these benefits become active only after their respective waiting periods have elapsed. This policy also arranges for a second opinion from any doctor of policyholder's choice from the insurance company's panel, in case of critical illness.   Pros There is no cover ceasing age. It offers a life long insurance. It provides a flat discount of 7.5 per cent on advance payment of 2-year premium. Family discount of 10 per cent is applicable on including 3 or more family members under the same policy. It gives a cumulative bonus of 10 per cent for every claim free year up to a maximum of 50 per cent. It provides for a free health check up at the end of two continuous claim free years. This policy can be purchased online. Premium paid under this policy qualifies for deduction under section 80D of Income Tax Act.   Cons In case, cumulative bonus has been passed and a claim arises during that year, cumulative bonus would be reduced by 20 per cent in the following year. Maternity benefit can be availed only after a waiting period of six years. Waiting period of three years applies to out-patient dental treatment. Sub-limits in one way or the other are imposed on each expense.   Our View Buy this policy only if you need a big health insurance covering all such benefits as under this policy. Else, choose among the 'Standard' or 'Exclusive' variants that offer lower benefits at less price. Your insurance purchase should be purely based on your requirements and budget.   Eligibility Entry Age (years) Minimum 18; 3 months for children Maximum 60 Maximum Policy Renewal Age (years) No Limit Policy Term (years) 1 or 2 Sum Insured (Rs) Maximum 10 lakh Minimum 4 lakh Tax Benefit Premium paid is eligible for tax benefit under section 80D of the Income Tax Act Discount Premium discount of 7.5% on advance premium payment for 2 year policy term. Family discount of 10% is applicable if 3 or more family members included. No Claim Bonus 10% increase in your annual inpatient benefit sum insured for every claim free year, till it reaches 50% of the Sum insured. In case a claim is made during a policy year, the cumulative bonus would reduce by 20% in the following year Grace Period for Policy Renewal 15 days Policy Termination Insurance company may terminate the policy by giving a written notice of 30 days. Policyholder is allowed to terminate the policy at anytime by giving a written notice. In case no claim has been made under the policy, percentage of premium will be refunded Customer Service Address Apollo Munich Health Insurance Company Limited Corporate Office: 10th floor, Tower B, Building No. 10, DLF Cyber City, Phase -II, Gurgaon, Haryana-122002 Registered Office: Apollo Hospital Complex, Jubilee Hills, Hyderabad - 500033 Mail to customerservice@apollomunichinsurance.com Call to 1800-102-0333 SMS 'easyhealth' to 56767333 Network Hospitals Http://www.apollomunichinsurance.com/our-hospital-network.aspx   Scope of Cover Sum Insured (Rs) 4 lakh and Rs 5 lakh 7.50 lakh and 10 lakh Cashless facility Available Re-imbursement Facility In-patient Treatment Covered Pre-hospitalisation Covered for 30 days. 30 days extend to 60 days if informed 5 days in advance of hospitalisation Post-hospitalisation Covered from 60 days. 60 days extend upto 90 days if informed 5 days in advance of hospitalisation Day-Care Procedures 140 in number are covered Domiciliary Treatment Covered Daily cash for chossing shared accomodation Rs 500 per day, Maximum Rs 3,000 Rs 800 per day, maximum Rs 4800 Expenses for organ donor of transplant Covered Emergency Ambulance Up to Rs 2,000 per hospitalisation Daily Cash for 1 adult accompanying an insured child Rs 300 per day, maximum Rs 9000 Rs 500 per day, maximum Rs 15000 Newborn baby Optional Maternity Expenses Normal Delivery Rs 15000Caesarean Delivery Rs 25000 (Sums are including pre/post natal limit of Rs 1500 and new born limit of Rs 2000) Normal Delivery Rs 25000Caesarean Delivery Rs 40000 (Sums are including pre/post natal limit of Rs 2500 and new born limit of Rs 3500) Out-patient Treatment Out-patient dental treatment is covered at 50% of the admissible expenses Upto 1% of Sum insured subject to a maximum of Rs 5000, after a waiting period of 3 years. Spectacles, Contact Lenses, Hearing Aid every third year 50% of the admissible expenses, maximum upto Rs 5000, only once after every three years. E-Opinion in respect of a Critical Illness Covered, one opinion per policy year (if no previous claim was made in current policy year) form any member of policyholder's choice from the insurance company's panel Additional Cover for Critical Illness Optional, 50% or 100% of in patient Sum insured. It covers 8 critical illnesse namely: namely cancer, coronary artery (bypass) surgery, first heart attack (myocardial infarction), kidney failure (end stage renal disease), major organ transplantation, multiple sclerosis, paralysis and stroke after a waiting period of 30 days. Maximum cover ceasing age is 70 years. Health Check-up Upto 1% of Sum insured subject to a maximum of Rs 5000 per insured person, only at the end of a block of every continuous 2 claim free years   Exclusions and Waiting period Pre-existing disease covered after 36 months of continuous policy renewal No claim period 30 days from policy start date Waiting Period Certain diseases such as hernia, piles, cataract , sinusitis shall be covered after a waiting period of 2 years.Maternity cover will be available after a waiting period of 6 policy years.Expenses for Domiciliary treatment will be covered only if the illness continues for atleast 3 consecutive days.Out Patient dental treatment will be covered after a waiting period of three years. General Exclusions AIDS/ HIV or related treatmentTreatment of any mental or related disease. Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C. Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving) Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications These Application Forms can be used for buying regular mutual funds also Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds ) ICICI Prudential Tax Plan Invest Online HDFC TaxSaver Invest Online DSP BlackRock Tax Saver Fund Invest Online Reliance Tax Saver (ELSS) Fund Invest Online Birla Sun Life Tax Relief '96 Invest Online IDFC Tax Advantage (ELSS) Fund Invest Online SBI Magnum Tax Gain Scheme 1993 Invest Online Sundaram Tax Saver Invest Online Edelweiss ELSS Invest Online ------------------ Best Performing Mutual Funds Largecap Funds Invest Online DSP BlackRock Top 100 Fund ICICI Prudential Focused Blue Chip Fund Birla Sun Life Front Line Equity Fund Large and Midcap Funds Invest Online ICICI Prudential Dynamic Plan HDFC Top 200 Fund UTI Dividend Yield Fund Mid and SmallCap Funds Invest Online Reliance Equity Opportunities Fund DSP BlackRock Small & Midcap Fund Sundaram Select Midcap IDFC Premier Equity Fund Small and MicroCap Funds Invest Online DSP BlackRock MicroCap Fund Sector Funds Invest Online Reliance Banking Fund Reliance Banking Fund Tax Saver MutualFunds Invest Online ICICI Prudential Tax Plan HDFC Taxsaver DSP BlackRock Tax Saver Fund Reliance Tax Saver (ELSS) Fund Gold Mutual Funds Invest Online Relaince Gold Savings Fund ICICI Prudential Regular Gold Savings Fund HDFC Gold Fund Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now

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