Tata AIG Wellsurance Review
Plan Name: Wellsurance
Insurer: Tata AIG General Insurance Company Limited
Category: Health Insurance
Objective: Ensure good healthcare services of your preference
Major USP of Wellsurance:
- Three variants to suit everyone’s need
- Critical illness benefit
What are the features of Tata AIG Wellsurance?
Critical Illness: The critical illnesses covered under Wellsurance are Cancer, First Heart Attack, Stroke, Kidney Failure, Coma, Coronary Artery Bypass Grafting, Major Organ transplant, total blindness, Paralysis, Multiple Sclerosis and Major Burns.
Hospital Cash: Additional cash is paid to the insured for miscellaneous expenses.
Convalescence Benefit: Additional amount is made available to the insured after five continuous days of hospitalization.
Tax benefits: You can avail tax benefits under Section 80D to maximum amount of Rs 15,000. For senior citizens, the maximum amount is Rs 20,000.
Tata AIG Wellsurance Variants:
Wellsurance has three types and the benefits vary accordingly. These are:
Wellsurance Family: The additional benefit in Wellsurance Family is Education Benefit which varies from Rs 50,000 to Rs 200,000 as per the Sum Assured opted for. The Sum Assured available with Wellsurance Family is Rs 2, 3 and 4 lacs.
Wellsurance Woman: The additional benefit is cosmetic reconstructive surgery if the insured is involved in accident. The coverage amount varies from Rs 50,000 to Rs 200,000. The Sum Assured for cancer is Rs 3, 5 and 7.5 lacs. For other critical diseases, the Sum Assured is Rs 1.5, 2.5 and 3.75 lacs respectively.
Wellsurance Executive: The additional benefit is the coverage for minor and major surgeries. The Sum Assured for critical diseases is Rs 3, 5 and 7.5 lacs.
What is not covered in Tata AIG Wellsurance?
Wellsurance, a comprehensive health plan does have some exclusions which are:
- Any pre existing disease is not cover nor any complication arising from it
- Treatment for internal and external congenital diseases
- Non allopathic treatments
- Cosmetic treatments or plastic surgery
- Abuse of intoxicant things like alcohol or drugs
- Self inflicted injuries
- Mental Disorders
- Act of war, nuclear war or radiation
There are few more exclusion’s which can be verified from the policy document.
Who can buy Tata AIG Wellsurance?
Wellsurance can be bought by anyone aged from 18 years to 65 years. Children from 6 months to 18 years can be covered under same policy. Wellsurance Executive and Woman can be renewed lifelong.
How much premium for Tata AIG Wellsurance?
Mr. Narula aged 30 buys Wellsurance with Sum Assured of Rs 3 lacs. The annual premium is Rs 3,583.
Policybazaar view on Tata AIG Wellsurance:
Wellsurance has been specifically designed for critical illnesses. The treatment of critical illness can be very expensive which Wellsurance covers. Special consideration has been made to the needs of customers in the form of its variants. The coverage of major and minor surgeries is also excellent benefit in Wellsurance Executive.
Compare with Other Health Insurance Plans