Diabetic patients in the older regime used to find it difficult to get a policy from any insurance company, but not anymore. Health insurance companies have come out with special Diabetic plans where Type 1 and Type 2 patients, especially those taking Insulin can get Mediclaim Cover. Though the plan is slightly more expensive than the normal plans, it is better to be covered rather than remain uncovered. India is the second-largest country in the world with a Diabetic population. However, the awareness of the disease and its management is very poor in our country. Diabetes can assume frightening proportions if it remains uncontrolled. Diabetic patients in the older regime used to find it difficult to get a policy from any insurance company, but not anymore. Health insurance companies have come out with special Diabetic plans where Type 1 and Type 2 patients, especially those taking Insulin can get Mediclaim Cover. Though the plan is slightly more expensive than the normal plans, it is better to be covered rather than remain uncovered.

However, a medical check-up for such patients is compulsory, and based on the reports the underwriter of the insurance company gives his approval. The features are also very innovative wherein if the patient keeps the sugar levels under control by maintaining self-discipline, he is entitled to a discount on the premium at the time of renewal. One is required to undergo a test at the cost of the insurance company on a quarterly basis and the same is sent to the underwriter to make the assessment for eligibility of a discount at the time of renewal. You also get a discount on the purchase of medicine and many benefits are attached to this policy. It is highly recommended to buy a policy while you do not have any major ailment as when Diabetes goes out of control, you may find yourself in a difficult position to get a policy then. These plans also give a bonus that will enhance your coverage in case of a claim-free year. Moreover, Restore benefit is also available if the insured person exhausts his sum insured during a policy year and needs some more coverage during that particular period. In this case, the sum insured amount is restored in the policy and can be used for further claims in that period.

FEATURES OF POLICY

 

ELIGIBILITY

1. This policy covers persons in the age group 18 years to 65 years.

2. The maximum entry age is restricted to up to 65 years.

3. There is no maximum cover ceasing age in this policy.

4. This Policy offers cover to individuals with Type1 Diabetes, Type 2 Diabetes Mellitus, Impaired Fasting Glucose (IFG), Impaired Glucose Tolerance (IGT), and /or Hypertension. The policy will be issued for a period of 1 year.

5. This policy can be issued to an individual only on an individual Sum Insured basis.

6. There will be no general waiting period of 30 days applied to this product.