Star Health introduces Smart Health Pro as a digital and customizable health insurance product

Star Health and Allied Insurance have introduced Smart Health Pro, a digitally exclusive health insurance policy. This innovative policy offers customers the freedom to customize their coverage by choosing from five optional add-ons. Specially designed to meet the changing demands of India’s digital-savvy population, the policy allows individuals to choose the sum assured that suits their unique needs, ranging from 5 lakh to 1 crore.

This product is poised to revolutionize the approach individuals use to obtain comprehensive health insurance. This policy gives customers the flexibility to customize their insurance through the inclusion of five optional add-ons that are tailored to their specific needs, ultimately giving them more control over their policies.

  • Unlimited automatic restoration sum assured: The selected sum insured will be topped up an unlimited number of times, up to a maximum of 100 percent each time. This renewed Sum Assured is available for use in subsequent hospitalizations. The rollback function is activated after partial or full use of the coverage limit. The returned sum insured can be used for all claims, including subsequent hospitalizations.
  • Cumulative bonus enhancement: Earn 50 percent of Sum Assured for every no-claims year, with a maximum accumulation of up to 600 percent of Sum Assured.
  • Setting the room category: The insured has the option to upgrade or downgrade the room category from a private air-conditioned single room to any room or shared accommodation.
  • Shortening the grace period for pre-existing diseases: The insured has the possibility to reduce the waiting period for existing diseases from 48 months to 36/24/12 months.
  • Inclusion of non-medical items in coverage: Normally excluded from insurance, items categorized as non-medical items, which fall under consumables, will be eligible for payment with this new optional cover. This applies when there is an eligible claim under the policy for inpatient or day care treatment.

Anand Roy, MD & CEO, Star Health and Allied Insurance Company said, Smart Health Pro embodies Star Health’s commitment to innovation, personalization and affordability. In today’s dynamic world, health insurance must be tailored to individual needs. This digital initiative not only provides comprehensive coverage but also allows families to customize their policies with ease. We bridge the gaps, making health insurance inclusive and user-friendly, especially for youth and rural communities. With Smart Health Pro, they didn’t just offer insurance; they provided peace of mind, ensuring that everyone can access quality health care when they need it most. In an era where the digital medium plays a pivotal role in our lives, we are happy to introduce a product specially curated to meet the needs of India’s tech-savvy generation.”

The product offers cover options for both individuals and families, accommodating up to two adults and three children on a floater plan. This product guarantees comprehensive coverage for hospitalization due to illness or accidents, including AIUSH treatments, modern treatments and home treatment. The policy allows for mid-term inclusions, providing services to newlyweds, newborns and adopted children. Insureds can benefit from free 24×7 telemedicine consultations offered by Star Health and can join wellness programs under the supervision of experienced medical professionals.

Key features of the Smart Health Pro insurance policy include:

  • Available to individuals aged 18 to 50, with dependent children from a minimum of 18 to a maximum of 50.
  • Sum Assured Options Available: 5 lakh, 10 lakh, 15 lakh, 20 lakh, 25 lakh, 50 lakh, 75 lakh, 1 crore.
  • It covers hospitalization in a hospital, day care treatment, ambulance on the way, pre- and post-hospitalization costs, home hospitalization, annual health check-ups and home treatment.
  • Additional benefits include telehealth and wellness services,
  • Automatic refund of basic sum assured once for 100 percent on exhaustion of sum assured and no indemnity bonus during the policy period
  • Renewal premium discount as policyholders can enjoy a 10 percent discount on first purchase and subsequent renewals.

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Updated: 16 Nov 2023, 19:00 IST

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