IFFCO Tokio Health Insurance Plans

Company Overview

IFFCO Tokio General Insurance Company came into existence on 4^th December 2000 with an aim of becoming industry leader be offering customized insurance products coupled with transparent and quick response to the customers. It is a joint venture of Indian Farmers Fertilizer Co-operative (IFFCO) & its associates and Tokio Marine and Nichido Fire Group (leading insurance group in Japan). The company has gained its nationwide presence with 78 Strategic Business Units, 152 Lateral Spread Centres, and 351 Bima Kendras. It offers a unique set of custom-made policies and has achieved Rs 3537.2 Crores (Gross Written Premium) in 2015-16.

The Claim Settlement Ratio of the company for the year 2018-19 is 88%.

Snapshot Of IFFCO Tokio Health Insurance Plans

Plan Name	Plan Type	Min/Max Age	Min/Max SI	Availability	Plan Tenure
Swasthya Kavach Policy	Family Floater	Adult: 18 years– 60 years Child: 91 days – 23 years	Min SI: 2 Lakh Max SI: 5 Lakh	Offline	Min: 1 year Max:
Family Health Protector Policy	Family Floater	Adult: 18 years– 65 years Child: From 1st day onwards	Min SI: 1.5 Lakh Max SI: 30 Lakh	Online/Offline	Min: 1 year Max:
Individual Medishield & Mediclaim Policy	Individual/Family Floater	Adult: 18 years– 80 years Child: 3 months – 5 years	Min SI: 50,000 Max SI: 5 Lakh	Offline	Min: 1 year Max:
Health Protector	Individual/Family Floater	Adult: 18 years – 65 years Child: 91 days onwards	Min SI: 50,000 Max SI: 20 Lakh	Online/Offline	Min: 1 year Max:
Health Protector Plus	Individual/Family Floater	Adult: 18 years– 65 years Child: 91 days onwards	Min SI: 2 Lakh Max SI: 25 Lakh	Offline	Min: 1 year Max:

Reasons for buying IFFCO Tokio Health Insurance Plans

Medical and health care costs are continually rising, which makes it important to shield yourself and your family against aggravating medical cost. A robust and good health insurance plan can save you from all the trauma of financial instability during pre and post hospitalization.. IFFCO Tokio General Insurance Company offers a wide range of customized health insurance plans with an aim to fulfill you and your family’s healthcare needs.

Main USP’s of IFFCO Tokio Health Insurance Plans are:

Cashless facility at over 4000 network hospitals across India
Hassle free Claim Procedure
Direct claim settlement without TPA intervention
No Medical check up to 45 years
Emergency Medical Assistance Services
Health cover with large sum insured available
Add on cover for Critical Illness and waiver of deductible
Lifetime Renewability
Avail various discounts on premiums
Flexibility to buy plan online & offline

Key Benefits of IFFCO Tokio Health Insurance Plans

Provides cover for in-patient hospitalization treatment expenses such as room rent, ICU rent, Doctor’s Fees, cost of medicines, operation theater charges, etc are covered.
Medical expenses incurred before & after hospitalization is covered for 45/60 days respectively.
Day care procedures as listed are covered.
Domiciliary hospitalization expenses are covered.
Organ Donor expenses are covered.
Ayush treatment is covered.
Accidental dental surgery and treatment are covered.
Premiums paid is eligible for tax benefits under section 80D of the Income Tax Act.

Value Added Benefits under IFFCO Tokio Health Insurance Plans

Cumulative Bonus of 5 % on every claim free policy year, subject to a maximum of 50% of sum insured.
Health check-up for the family after every 4 claim free policy years.
Ambulance service charges are covered.
Vaccination expenses are covered as per the specified limit.
Vitamins and tonics cost related to the illness are covered.
Emergency Medical Assistance, emergency medical evacuation and medical repatriation facilities are available.
Daily allowance benefit per day is payable, depending on the policy chosen.
Lifelong Renewability available.
Reinstatement of the Basic Sum Insured.
Enhancement of sum insured up to the limit specified.
Option to port the policy as per IRDAI regulations.