Bank Mediclaim Compared Bank
Insurer & Product
*Premium for Rs5 lakh sum insured family floater
Coverage—Account holder, spouse and 2 children. Parents if specified
Entry & Exit age
PED & medical test
Additional benefits
Limits & Co-pay
Punjab National Bank
Oriental Insurance—Royal Mediclaim policy
Rs6,705
Children up to age 26. Female child till marriage or up to age 26
3 months for dependent. 80 years (for both maximum entry age and maximum exit age)
Silent on PED. No medical test
Ambulance charge is 1% of sum insured or Rs1,000 (lesser). Hospital cash maximum of Rs1,000 per policy year. Funeral expenses up to Rs1,000
Syndicate Bank
United India Insurance— SyndArogya
Rs7,182 (without parents); Rs11,944 (with parents)
Children up to age 21. Female child till marriage or up to age 21. Dependent parents are also covered
3 months for dependent. 65 years for maximum entry age. 80 years is maximum exit age
PED covered after 3 years. No medical test
Canara Bank
United India Insurance— Canara Mediclaim policy
Rs7,316 (without parents); Rs12,167 (with parents)
Silent about dependent children age. Dependent parents are also covered
3 months for dependent. 65 years for maximum entry age. 80 years is maximum exit age
PED covered after 3 continuous claim-free years, provided, there was no hospitalisation due to PED during these 3 years. Silent about medical test
Ambulance up to Rs1,000. Hospital cash maximum of Rs1,000 for child below 12 years. Maternity & baby care expenses up to 5% of sum insured. Personal accident cover inbuilt. Health check-up 1% after 3 claims-free years Ambulance up to Rs1,000. Hospital cash maximum of Rs1,000 for child below 12 years. Maternity & baby care expenses up to 5% of sum insured. Personal accident cover inbuilt. Health check-up 1% of SI after 3 claimsfree years
Room is 1% of sum insured. ICU is 2% of sum insured or Rs10,000 (lesser) —
Andhra Bank
United India Insurance— Arogyadan
Rs10,090 (without parents); Rs17,006 (with parents)
Dependent children up to age 26 subject to being unmarried and unemployed. Dependent parents also covered
3 months for dependent. 60 years for maximum entry age. 80 years is maximum exit age
Indian Bank
United India Insurance— Arogya Raksha
Up to 35, it is Rs5,741; 35-65 is Rs10,046; 65-80 is Rs24,805 (with parents)
3 months for dependent. Silent about years for maximum entry age. 80 years is maximum exit age
Union Bank of India
New India Assurance—Union Health Care policy New India Assurance—Health Care Support New India Assurance—Corp Mediclaim
Up to 45 is Rs6,801; 45-55 is Rs8,954; Above 55 is Rs11,055
Dependent male child till marriage or employment or up to age 25. Dependent female child till marriage or employment. Dependent parents are also covered Silent about dependent children age
PED covered after 3 continuous claim-free years, provided, there was no hospitalisation due to PED during these 3 years. Silent about medical test PED covered after 3 continuous claim-free years. No medical test needed
Up to 35 is Rs5,361; 36-45 is Rs5,819; 46-55 is Rs7,621; 56-65 is Rs8,837
Silent about dependent children age
Up to 35 is Rs5,273; 36-45 is Rs5,731; 46-55 is Rs7,533; 56-65 is Rs8,749; 66-70 is Rs10,622; Above 70 will be charged 5% extra for each year
Dependent children up to age 25
Bank of Baroda
National Insurance—Baroda Health
Up to 65 is Rs6,997; 65-80 is Rs8,686
Silent about children age
Silent about minimum entry age. 65 for maximum entry age. 80 maximum exit age
Bank of India
National Insurance— Swasthya Bima policy
Rs7,071
Silent about children age
3 months for dependent. 65 years for maximum entry age. Renewal up to 80 years at premium loading of 25%
PED covered after 3 continuous claim-free years in the policy. No medical test needed
Citibank
Royal Sundaram— Health Forever (Individual premium rates. No family floater option) Royal Sundaram— Family Health Floater (Premium for maximum sum insured of Rs3 lakh) Universal Sompo Sampoorna Swasthya Kavach
Age 91 days-18 years is Rs3,962; 19-45 is Rs6,754; 46-60 is Rs10,583; Age 61-75 is Rs15,523
This is not a family floater policy. You can add family members, but at an additional premium
3 months for dependent. 75 years for maximum entry age. 80 years maximum exit age
PED covered after 4 years. No medical checkup up to age 60 years
Up to 35 is Rs7,988; 36-45 is Rs9,048; 46-55 is Rs14,784; 56-65 is Rs17,936; 66-70 is Rs21,525
Dependent children up to age 21
3 months for dependent. 65 years for maximum entry age. 70 years maximum exit age
PED covered after 4 years. No medical checkup up to 50
18-25 is Rs10,453; 26-35 is Rs11,461; 36-45 is Rs12,709; 46-55 is Rs14,718; 56-65 is 21,139; 66-70 is 25,826
Silent about dependent children age
Silent about minimum entry age. 65 years for maximum entry age. 70 years maximum exit age
PED covered after 4 continuous claim-free years. No medical check-up up to 45
Universal Sompo— Health Care Plus
0-25 is Rs7,658; 26-35 is Rs8,424; 36-45 is Rs9,190; 46-55 is Rs9,956; 56-65 is 11,487; 66-70 is 13,785; 71 to 80 is 14,550 (without parents); 0-25 is Rs12,939; 26-35 is Rs14,233; 36-45 is Rs15,527; 46-55 is Rs16,821; 56-65 is 19,409; 66-70 is 23,291; 71-80 is 24,585 (with parents)
Dependent male till 21 and female till 25 or marriage. Parents covered
Silent about minimum entry age. 65 for maximum entry age. 80 maximum exit age
PED covered after 3 continuous claim-free years. No medical test needed
Catholic Syrian Bank Corporation Bank
Standard Chartered Bank Allahabad Bank Indian Overseas Bank
3 months for dependent. 65 years for maximum entry age. 80 years is maximum exit age 3 months for dependent. 55 years for maximum entry age. 65 years is maximum exit age 3 months for dependent. 65 years for maximum entry age. Silent about maximum exit age
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Room is 1% of sum insured ICU is 2%. For above 60, 10% co-pay
Maternity benefit eligible after 9 months (5% of SI). Health check-up 1% of SI after 3 claims-free years. Child care up to 3 months from birth (5% of SI)
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PED covered after 3 consecutive continuous claim-free years. No medical test needed PED not covered. No medical test needed
Includes personal accident insurance up to Rs1 lakh
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**PED covered after 4 continuous claim-free years, provided, there was no hospitalisation due to PED during these 4 years. No medical check-up up to 55 years PED covered after 3 continuous claim-free years in the policy. No medical test needed
Ambulance up to Rs1,000
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Health check-up 1% of SI after 3 claims-free years. Hospital cash of Rs1,000 for age less than 12. Ambulance charge of Rs1,000 Health check-up 1% of SI after 3 claims-free years. Maternity and baby care up to 5% of SI. Funeral expenses up to Rs1,000. Hospital cash of Rs1,000 for age less than 12. Ambulance is Rs1,000 Rs150 per day hospitalisation cash. Convalescence is Rs15,000 for more than 15 days hospitalisation. NCB is 15% with maximum 60%. Certain critical illness will pay Rs15,000 once in policy year (from 2nd year) Reimbursement up to Rs1,500 per insured person toward check-up after 4 consecutive claims-free years
Health check-up after 4 claims-free years. Hospital cash of 0.1% SI or Rs250 (lesser). Maximum is Rs2,500. Ambulance is 1% or Rs1,000 Health check-up 1% of SI after 3 claims-free years. Hospital cash of Rs1,000 for age less than 12. Maternity and baby care up to 5% of SI. Ambulance is Rs1,000. Funeral is Rs1,000
*Premium for account holder, spouse and 2 children. Rates are based on age of the oldest member. Parents not covered unless specifically mentioned. **PED clause will not be deleted for ailments of cancer, renal failure, thalassemia, psychiatric disorders and organ transplant.
— Does not cover cancer, renal failure, thalassemia, psychiatric disorders and organ transplant —
Renewal up to 80 years at premium loading of 25%
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Room is 2% of sum insured, ICU is 4%
Room is 1% of sum insured. ICU is 2% Age above 55 years, 20% co-pay
Source: Moneylife Research