IndiaFirst Life Group Hospicare (MicroInsurance) Plan is a non-linked, non-participating, group micro health insurance plan, which provides fixed benefit on hospitalization or on diagnosis of COVID-19 (Coronavirus).
REASONS TO BUY INDIAFIRST LIFE GROUP HOSPICARE (MICROINSURANCE) PLAN
Financial support for your members/ customers/ employees upon undergoing hospitalization or on diagnosis of COVID-19 (Coronavirus)
Cover available at a reasonable premium
Financial security in case of diagnosis of COVID-19 (Coronavirus) and being quarantined in government authorised hospitals or centers
Financial protection against rising hospitalization costs
Fixed benefit as per the selected Sum Insured option, irrespective of the actual expenses
Tax benefits as per applicable tax laws
WHAT ARE THE ELIGIBILITY CRITERIA?
Minimum Entry Age is 18 years (last birthday)
Maximum Entry Age is 70 years (last birthday)
Maximum Age at Maturity is 71 years (last birthday)
Minimum group size that can be covered is 7 members and there is no limit on the maximum group size
Hospitalization cash benefit or fixed benefit on diagnosis of COVID-19 (Coronavirus) is minimum of Rs. 500 and maximum of Rs. 10,000, per payout
Minimum Sum Insured is Rs. 1,000 and maximum Sum Insured is Rs. 1,20,000
Policy can be purchased for a fixed period of 12 months
Flexibility to pay premiums on a monthly, quarterly, half yearly or yearly basis
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