Royal Sundaram Smart Cash Plan

What is the Plan all About?

Smart Cash Plan is a health plan providing daily cash benefit for your stay in the hospital, due to any accident or illness. It is a supplement to health insurance plan as covering out of pocket expenses related to hospitalization. This plan covers out of pocket expenses which are non medical in nature.

Smart Cash Plan has 3 Plan Variants which are:

Silver
Gold
Platinum

Key Features

Choose a daily benefit amount up to Rs 10,000
Avail Critical Illness Benefit, Joint Hospitalization, & Child Birth Benefit
Covers expenses against Emergency Family Member Visit, Guest Expenses, Food & Travel
Incidental & Miscellaneous Expenses are also covered
Avail family discount for covering 3 or more members

Policy Benefits

Hospital daily cash benefit is paid on a daily basis for 180 days for all the 3 plan variants.
Joint Hospitalization benefit due to Accident is double the daily benefit, for a maximum of 5 days.
Convalescence Benefit of lump sum – Rs. 10,000/- is paid beyond 5 days.Available for all the 3 plan variants.
Accident Hospitalization Benefit is Double the daily benefit, when Exceeding 5 days to max of 15 days. Available for all the 3 plan variants.
ICU Benefit is double the daily benefit for a maximum of 5 days. Available only with Platinum plan variant.

Value Added Benefits

Health Check up cost reimbursement after 4 continuous claim free policy years.
Parental Accommodation Benefit is paid as per chosen plan, for a maximum of 5 days. Available only with Platinum plan variant.
Emergency Family Member visit expenses are paid when incurred during a period of 30 days from date of diagnosis. Available only with Platinum plan variant.
Child Birth Benefit with lump sum of Rs. 10,000 or 20,000 after 2 years. Available only with Elite and Platinum plan variant.
Pre-Existing Disease Benefit of Rs. 5,000 or chosen daily benefits, whichever lower is paid for a maximum of 5 days. Available only with Elite and Platinum plan variant.
Tax Benefit under section 80D of Income Tax Act, 1961.

Sub Limits

Health check up expense is paid up to a maximum of 50% of the average daily benefit.
No Co payment clause under this plan.

Waiting Period Clause

Initial Waiting Period: Claims arising during first 30 days of the policy start date, except accidental claims.
Specific Waiting Period: Some treatments such as Congenital Internal Anomaly, Benign Prostatic Hypertrophy, Fibromyoma, Hernia, Hydrocele, etc. is covered after 1 year from inception date of the policy.
Pre existing Disease Waiting Period: Any pre-existing disease until 4 years of continuous policy coverage, from date of inception of the first policy.
Child Birth Waiting Period: You can avail child birth benefit after 2 years of continuous policy coverage.

Who can Buy the Plan?

Factor	Minimum	Maximum
Age (as on last birthday)	91 Days	No Limit
Daily Benefit	Rs 500	Rs 10,000
Cover Type	Individual/Family Floater	-
Policy Tenure	1 Year	3 Years
Grace Period	30	-
Free Look Period	15 Days	-
Riders	PA Cover (Death, PTD & PPD)	-