What is a Medi-Claim Policy?
A Medi-Claim Policy is a structured health insurance plan that operates strictly on a hospitalization-reimbursement or cashless settlement framework. It mitigates sudden financial shocks by covering actual institutional expenses incurred during medical care for specified ailments or accidental injuries.
Key Benefits & Features
Cashless Network Care
Avail direct clearance settlements across thousands of partner hospitals without paying upfront.
Comprehensive Covers
Includes intensive care unit fees, diagnostic test panels, surgeon charges, and ambulance fees.
No-Claim Rewards
Earn progressive cumulative bonus percentage increases on your total cover for every claim-free cycle year.
Eligibility Requirements Matrix
Applicants must satisfy baseline operational guidelines to secure underwriting clearance:
Age Limits Bracket
18 to 59 Years Old
At the time of loan maturation milestone.Verifiable Clean Income
₹20,000 / month
Documented via official salary slips or certified ITR sheets.Employment Profile
Salaried & Self-Employed
Requires a minimum 1-year stable operational corporate link.Bureau Score Parameter
CIBIL 650 or Above
No recent defaults, write-offs, or payment delays.Interactive EMI Simulation Engine
Map amortization schedules accurately prior to processing requests.
Frequently Asked Questions
Immediate answers concerning validation rules, rates, and approval cycles.
Once hospital desks submit initial pre-authorization metrics, approvals generally clear within 2 to 4 hours maximum.
Pre-existing conditions require a standard structural waiting window ranging between 2 to 4 years of continuous policy renewals.
Yes, you can configure these blocks under a Family Floater model, sharing a single centralized sum insured pooling boundary efficiently.