We are pleased to inform you that IITMAA’s Life-Saver Group Medical Insurance Scheme is now successfully entering its eighth year of operation and request all alumni to avail the benefits and join the scheme by 30th June 2017.
This scheme is also ideally suited for young alumni who would like to cover their parents.
- It covers all pre-existing diseases from day one of the policy with a 20% co-payment clause (Heart diseases, kidney ailments, knee replacements and other major illnesses, waiting surgeries to be done needs to be informed in advance).
- The policy does not require the insured and dependents to undergo any medical checkup irrespective of their age.
- This is a family floater policy with maximum cover of Rs.5,00,000/-, Rs.10,00,000/- & Rs.15,00,000/- during this year. It offers cashless treatment in over 9000 network hospitals of the service provider, Star Health & Allied Insurance Co. Ltd.
- The policy covers Alumni plus six dependants i.e. their spouse, up to 3 dependent children aged less than 25 years and both Parents aged less than 80 years age at entry.
- The charges depend upon the number of people insured. There is a base charge for the alumni based on his/her age and 10% of this is charged for each additional member insured.
- If the insured has another medical policy, which reimburses a part of the bill, the balance bill amount can be claimed under this policy.
- The policy will cover the period from 1st July 2017 to 30th June 2018. The premium payable for those who join during the middle of the cycle will be calculated on a pro-rata basis.
- Family and friends of alumni can also join provided this is used as a secondary policy in addition to an existing primary policy from which claims are first made after exhaustion of which claims can be made on this policy.
Kindly mail the filled in application form to firstname.lastname@example.org
For further assitance please contact us at 044 2257 8392 / 73972 84362