Tata AIG Health Insurance Plan 2023
Among India's most well-known general insurers, Tata AIG General Insurance Company Limited is a joint venture between the renowned Tata Group and AIG – the American International Group. The company commenced its operations in January 2001 and has successfully completed over 20 years in the Indian insurance space. Over the years, Tata AIG has launched several innovative products and services. Amongst its many offerings are health insurance plans that offer comprehensive coverage at affordable prices. You will find all the critical information regarding Tata AIG health insurance plans on this page. You will also learn about the myriad health insurance plans offered by the company.
Features of Tata AIG Health Insurance
No Capping on Hospital Room Rent: While several insurance companies offer limited room rent coverage in their plans, Tata AIG gives you a chance to remove this capping. Thus, the insured person can stay in any room without worrying about the charges.
Zero Co-Payment: Co-payment plans require the insured person to pay a part of the total medical expenses, which typically range from 5 to 20 percent. With a Tata AIG health insurance plan, you do not have to worry about paying a part of your medical expenses. The insurer covers all medical expenses.
Pre & Post Hospitalisation Cover: Tata AIG health plans not only cover your hospitalization expenses, but also other medical bills you pay before and after hospitalization. You can request reimbursement of all medical expenses incurred 30 to 60 days prior to and 60 to 90 days post hospitalization.
Cashless Hospitalization: With a vast network of more than 7200 hospitals, Tata AIG health insurance plans allow you to get treatment at the facility of your choice, without worrying about the bills. You can avail cashless claim facility at any of these 7200+ hospitals.
Cover For Pre-Existing Illnesses: Tata AIG health insurance plans also offer coverage for pre-existing illnesses. However, such conditions are only covered after the expiry of a pre-defined waiting period.
Ambulance Cover: These plans also take care of the ambulance charges in case the insured person needs to be transported to the nearest hospital in case of an emergency.
AYUSH Cover: with a Tata AIG health insurance cover, you can not only avail modern treatments but also opt for alternate medicine, such as Ayurveda, Yoga, Homeopathy, and Naturopathy without fretting about medical bills.
Daycare Procedures Cover: There are numerous medical procedures that take less than 24 hours and do not require hospitalization of the patient. These insurance policies also cover such treatments.
COVID-19 Cover: Tata AIG health insurance policies also cover you against medical expenses in case you contract COVID-19 infection.
Why Choose Tata AIG Health Insurance
Several remarkable features make Tata AIG health insurance a suitable option for you and your loved ones. Let us understand all these facets in detail:
Cashless Hospitalization across India: A Tata AIG health insurance policy offers you access to a network of more than 7200 hospitals across the country. You can avail treatment at any of these facilities with the benefit of cashless hospitalization. Thus, you do not have to worry about your medical bills as the insurer will pay them directly to the hospital.
No-Claim Bonus that Cumulates: In case you do not file a claim during a year, the insurer offers you a cumulative bonus between 10 and 100 percent of the sum insured. The exact no-claim bonus depends on your Tata AIG health insurance plan. These bonuses increase the overall sum insured of your health insurance plan, without affecting the premiums.
Impressive Claim Settlement Ratio: CSR or the claim settlement ratio is the percentage of claims an insurer has settled during a year. Tata AIG boasts an excellent claim settlement ratio of 94.2 percent. Moreover, the company has a quick and straightforward claim settlement process that adds to its customers’ convenience.
24X7 Customer Support: With a Tata AIG health plan, you enjoy round-the-clock assistance regarding any query or claim. You can call the Tata AIG health insurance contact number any time and talk to one of their representatives directly.
Tax Savings: The premiums you pay for your health insurance plans are exempt from taxes under Section 80D of the Income Tax Act. You can claim a tax exemption of up to INR 25,000 on premiums paid towards a Tata AIG health insurance plan for yourself, your spouse, and your kids. You can claim an additional tax exemption of up to INR 50,000 on health insurance plans for parents aged above 60 years.
Consumables Cover: Besides hospitalization costs, Tata AIG health insurance policies also cover charges for any surgical and medical consumables or equipment. These are products directly used for a patient’s treatment and tend to be quite expensive. While several health insurers do not cover these expenses in their policies, Tata AIG health insurance plans offer this cover.
Worldwide Coverage: Tata AIG offers you the option to add worldwide coverage to your policy. With this, you can avail treatment for any condition or illness anywhere in the world. Your policy will provide coverage even if your condition is diagnosed in India and you choose to get treated overseas.
Automatic Restoration: In case you exhaust your sum insured in a single policy year, the insurer offers restoration of your sum insured in case of another medical emergency.
Watch this video to know more about Tata AIG Health Insurance Plans:
Different Tata AIG Health Insurance Plans
Tata AIG has myriad health insurance plans to cater to the diverse needs of individuals, families, and corporates. Here is a glimpse into the varied types of Tata AIG health insurance policies:
Individual Health Insurance: This plan offers coverage for an individual. Thus, if you are looking for a health insurance plan for yourself or a family member, then you can buy this insurance plan.
Family Health Insurance: You can include multiple family members in this policy. Here, a single premium offers you coverage for your entire family.
Super Top-Up Health Insurance: These plans allow you to add coverage to your existing individual or family health insurance plan.
Critical Illness Health Insurance: Typical health insurance plans do not cover the medical expenses of critical illnesses, such as cancer. Critical illness health insurance plans offer coverage for these conditions.
Personal Accident Insurance Policy: These insurance policies offer financial support to the insured person or their family in case of demise or disability due to an accident.
Documents Essential for Filing a Health Insurance Claim
- In-patient hospitalization bills attested by the insured person
- Discharge card signed by the authority at the hospital
- Claim form signed by the insured person
- Valid medical investigation report
- Medical store receipts and the doctor’s prescription
- List of hospital consumables prescribed by the attending doctor
- Copy of the third-party administrator or TPA’s ID card custom list (present year’s)
- Previous year’s copies of the health insurance policy
- Any other document requested by the TPA
- All the bills and receipts of the doctor’s consultation
Frequently Asked Questions about Tata AIG Health Insurance Plans
What are the benefits of buying a Tata AIG health insurance policy online?
There are numerous benefits of buying Tata AIG health insurance plans online. It is quick, easy, smooth, and transparent. It also allows you to conveniently compare different health plans, select the right policy, pay premiums, and insure yourself or your loved ones without any hassles.
What things should I consider while buying a health insurance plan ?
The sum insured, network hospitals, waiting periods, limits or capping, co-payment option, and list of daycare procedures covered are among the most critical factors to consider while buying a health insurance plan. Additionally, you should also pay heed to the affordability of annual premiums.
Where can I find Tata AIG health insurance contact number ?
You can find all the contact details on the official website of the insurer.
Can I renew Tata AIG health insurance online ?
Yes, you can easily renew your policy online. Simply pay the premium and your policy will be renewed.
Where can I check Tata AIG health insurance policy status ?
You can check the status, initiate a claim, and edit a policy on the insurer’s official website. You can also download the Tata AIG health insurance policy from the official website of the insurer.