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Care Health Insurance Plans

Company Overview

Care Enterprises Limited promotes care Health Insurance Company, and other shareholders are Corporation Bank and Union Bank of India. Care Health aims to become the most preferred health service provider, ensuring access to caring, cost-effective, and innovative health insurance solutions. The company has adopted the Quality Management System as per ISO 9001:2015 standards.

The Claim Settlement Ratio is 95.2% of the company for the year 2019-20.

 

Financial Year

ICR%

CSR %

2015-16

57.25%

NA

2016-17

50.53%

NA

2017-18

51.99%

NA

2018-19

55.23%

55%

2019-20

59.13%

95.2%

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Snapshot Of Care Health Insurance Plans

Plan Name Plan Type Min/Max Age Min/Max SI Availability Plan Tenure
Religare –Care Individual/Family Floater Adult: 18 years– No age bar
Child: 91 days – No age bar
Min SI: 3 Lakh
Max SI: 75 Lakh
Online/Offline Min: 1 year
Max: 3 years
Care Enhance Individual/Family Floater Adult: 18 years– No age bar
Child: 1 day – No age bar
Min SI: 1 Lakh
Max SI: 30 Lakh
Online/Offline Min: 1 year
Max: 3 years
Care Joy Individual/Family Floater Adult: 18 years – 65 years
Child: 1 day – 24 years
Min SI: 3 Lakh
Max SI: 5 Lakh
Online/Offline Min: 1 year
Max: 3 years
Care Freedom Individual/Family Floater Adult: 18 years – No age bar
Child: 91 days - 24 years
Min SI: 3 Lakh
Max SI: 10 Lakh
Online/Offline Min: 1 year
Max: 2 years
Care Plus - Youth Health Insurance Plan Individual/Family Floater Adult: No age bar
Child: 91 days - 24 years
Min SI: 3 Lakh
Max SI: 25 Lakh
Online/Offline Min: 1 year
Max: 3 years
Care for 45+ Individual/Family Floater Adult: 46 years
Child: 60 years
Min SI: 5 Lakh
Max SI: 10 Lakh
Online/Offline Min: 1 year
Max: 3 years
Care Plus - The Complete Health Insurance Plan Individual/Family Floater Adult: 36 years - No age bar
Child: 91 days to 24 years
Min SI: 3 Lakh
Max SI: 25 Lakh
Online/Offline Min: 1 years
Max: 3 years
Care Senior Individual/Family Floater Adult: 61 years - No age bar
Child:
Min SI: 3 Lakh
Max SI: 10 Lakh
Online/Offline Min: 1 year
Max: 3 years
Care Advantage Individual/Family Floater Adult: No age bar
Child: 91 days - No age bar
Min SI: 25 Lakh
Max SI: 1 Crore
Online/Offline Min: 1 year
Max: 3 years
Care Heart Individual/Family Floater Adult: 18 Years
Child:
Min SI: 3 Lakh
Max SI: 10 Lakh
Online/Offline Min: 1 year
Max: 3 years
Care Classic Individual/Family Floater Adult: 65 years
Child: 91 days to 24 years
Min SI: 5 Lakh
Max SI: 15 Lakh
Online/Offline Min: 1 years
Max: 3 years

Reasons for buying Care Health Insurance Plans

With propelling hectic lifestyles, people are ignoring health and health related concerns which are leading to serious health problems, diseases and ailments. With the rising cost of medical treatment, treatment in the hospitals has become costlier and sky rocketing. Care Health insurance company presents a bouquet of health insurance plans to cater to your health insurance needs.

Main USP’s of Care Health Insurance Plans are:

  • Get health cover up to 60 lacs
  • Choice of deductible with flexible sum insured options
  • Avail cashless and direct claim settlement at over 4900 network hospitals
  • No pre-policy medical check-up till 45 years of age
  • Avail maternity cover after 9 months of the waiting period
  • Enjoy Lifelong renewability

Key Benefits of Care Health Insurance Plans

  • In-patient care expenses, including room rent, doctor’s fees, boarding/nursing expenses, ICU charges, OT charges, blood, oxygen, etc. are covered upon hospitalization for a minimum duration of 24 hours
  • Pre hospitalization expenses when incurred before hospitalization are covered for 30 days
  • Post hospitalization expenses when incurred after hospitalization are covered for 60 days
  • Daycare procedures/surgeries, as specified under the plan chosen is covered
  • Domiciliary hospitalization or treatment expenses are covered up to 10% of Sum Insured
  • Organ donor’s medical expenses are covered as per the sum insured opted
  • Daily allowance of Rs 500 per day is payable
  • Maternity related hospitalization expenses, including Pre & Postnatal expenses are covered, subject to the terms applicable
  • Newborn baby cover is available from birth till completion of 90 days
  • Tax benefits are applicable towards the premiums paid under section 80D of the IT Act, 1961

Value Added Benefits under Care Health Insurance Plans

  • No Claim Bonus of 10% increase in the sum insured up to a maximum of 50% of sum insured for claim free policy years. For No Claim Bonus Super, there can be an increase of up to 150% of the sum insured
  • Get automatic recharge of the entire Sum Insured unlimited times during a policy year
  • Annual health check up is available for all the covered members, irrespective of claims history
  • Second Opinion from medical expert is available free of cost
  • Ambulance charges are reimbursed up to the limits specified
  • Option to convert your deductible plan to Comprehensive Health Plan, after 4 years of continuous coverage
  • Sum insured can be enhanced at renewal of the policy
  • Option to get treatment in any part of the world for sum insured of 40 Lacs & above
  • Optional cover of No Claim Bonanza, depending on the plan chosen. It provides you the NCB benefit of up to 100% of the sum insured in case of no claims for 3 years

List of Care Health Insurance Plans

1. Care Policy

This health insurance plan offers value for money hospitalization insurance to the maiden health insurance buyers. This plan is an ideal health plan which offers various basic and value added health b ... Read more

2. Care Enhance Policy

This plan is a simple, plain high deductible health insurance plan for you and your family. Care-Enhance is a super top up plan which offers additional health cover at an cost effective premium price. ... Read more

3. Care Joy Policy

This plan is designed keeping in mind the maternity and newborn related medical expenses to assure a peace of mind at that important phase of your life. This plan is specially designed for those are p ... Read more