One crore health insurance offers coverage for medical expenses for up to ₹1 crore, or ₹100 lakhs, to the policyholders. You can claim the covered medical expenses incurred by you or your family members under a family floater plan under this policy.
A 1 crore medical insurance policy caters especially to the needs of high-risk individuals, and people who have a high net worth as a decent insurance plan may not be enough for their healthcare-related expenses. Depending on your needs, you can purchase health insurance up to ₹1 crore or as family floater insurance to care for those dependent on you.
In addition to providing a high sum insured value, a 1 crore health insurance plan usually covers various medical expenses, from hospitalisation for accidents to routine checkups. This health insurance plan covers everything, Whether life-changing surgery or diagnostic tests.
Almost all leading insurance providers, including SBI General, offer cashless hospitalisation to their policyholders in their network hospitals. This reduces the need for extensive paperwork later, and you can focus on getting better without worrying about any claims or reimbursements.
Many 1 crore insurance policies come with the option to cover the policyholder's family to ensure proper coverage for all eligible dependents under one policy.
A 1 crore health insurance plan can financially protect individuals and families with a high sum insured. If you or your family require advanced treatment in the future, you won’t have to worry about the money necessary for it and can channel your energy toward recovery.
Everyone who invests in a health insurance plan can benefit from Section 80D of the Income Tax Act, which allows you to avail of tax deductions on the premium paid to the insurer. For example, you can avail a maximum of ₹1 lakh tax deductions for a plan for you, your family, and your parents (aged over 60).
Many 1 crore health insurance policies can restore the entire sum insured, i.e., 1 crore, in case you need it. This almost entirely eliminates the need to opt for a top-up on your insurance policy.
You may feel like you don’t need to invest in a health insurance plan, let alone a 1 crore health insurance policy because you are healthy right now and have a decent amount of money saved. However, there are many reasons why investing in high-sum insured insurance is a good idea; some of them are mentioned below:
Several reports show that people in India, including youngsters and children, are developing chronic and critical conditions such as cardiac problems and diabetes. There is a high risk of developing life-threatening illnesses for everyone; thus, choosing health insurance for ₹1 crore can be quite useful as healthcare costs are at an all-time high and continue to grow.
Even if you have a solid accumulation of funds in your bank, it can quickly deplete in the face of a medical emergency. A 1 crore health insurance usually allows you to refill the entire sum insured for a particular year if needed.
With the option to enjoy added benefits at an additional cost, you can further enhance your coverage under a 1 crore health insurance plan. This offers room for customisation to tailor-make a plan that suits you and your family best.
Often overlooked, the sense of relief one gets from having a 1 crore health insurance plan cannot be understated. If you opt for such a plan, you can enjoy quality healthcare without worrying about the costs involved at every small stage and probably recover faster.
Secure Comprehensive Coverage for Your Health and Peace of Mind
Select the 1 Crore Health Insurance Plan from our comprehensive options that best fits your needs.
Complete the online application form with your personal details, including identity proof, address proof, age proof, and income details (if applicable).
Upload scanned copies of the required documents, ensuring clarity and accuracy for swift processing.
Double-check all information provided, review policy terms, and submit your application securely online.
Make payment for your chosen plan using convenient online payment options.
Receive your policy document digitally via email upon successful payment and verification.
Our user-friendly online platform makes applying for a 1 Crore Health Insurance Plan quickly and effortless. Protect yourself and your loved ones with comprehensive coverage for a secure, worry-free future!
A 1 crore health insurance plan from SBI General can look different from a 1 crore health insurance from another provider. However, there are certain common inclusions and exclusions in these policies.
Here is a list of general inclusions in 1 crore health insurance:
You can also opt for add-on covers such as hospital cash benefits, no-claim bonus protectors, and major illness benefits.
Securing a 1 Cr. health policy doesn’t have to break the bank! Our plans offer extensive coverage at affordable premiums tailored to your needs. Premiums vary based on age, medical history, and chosen coverage options. Rest assured, our transparent pricing ensures you get the best value for your investment. With flexible payment options and competitive rates, protecting your health and financial security has never been more accessible. Get peace of mind knowing you’re covered for life’s unexpected twists and turns without stretching your budget. Request a quote today and discover the affordability of our 1 Cr. health policies.
Here is a list of people who can benefit the most from a 1 crore health insurance plan:
A regular insurance plan may not adequately cover your healthcare costs if you have a high net worth. To get adequate coverage, you should invest in an insurance plan that offers a high sum insured.
People involved with substance abuse or those who have hazardous occupations should consider going for a high-sum insured policy since these individuals are at a high risk of developing critical health problems.
If you want your insurance plan to care for your spouse, children, and parents, going for a lower sum insured may not be enough, especially in tier 1 cities.
If you have pre-existing conditions, they are likely to worsen over the years. Thus, investing in a 1 crore health insurance can safeguard your finances and your family’s future.
People who have a strong family history of diabetes or heart problems are highly likely to develop these conditions themselves. In such cases, it is best to take proactive measures and invest in a high-sum insured health plan.
To get the best 1 crore health insurance plan, consider the following:
Here is a list of factors that affect your policy premium:
Age is the number one factor insurance providers evaluate to determine a policy's premium. The younger the policyholder(s), the lower the premium.
People with pre-existing conditions are considered high-risk individuals in health insurance as they are highly likely to raise claims. Thus, the higher the number or severity of your pre-existing conditions, the higher your policy premium will be.
Healthcare costs are rising but are quite high in urban areas compared to rural areas. Thus, your geographical location matters while purchasing a 1 crore health insurance plan.
Just like any other health insurance plan, a 1 crore health insurance works in the following way:
Depending on your preference and the terms and conditions defined by the insurance provider, you pay the policy premium monthly, quarterly, or yearly.
There are two ways in which you can raise a claim:
Many insurance providers offer multiple-year policy tenures, at the end, you can renew the policy by paying the premium within the time limit.
Our 1 Cr. health insurance policy is designed to offer extensive coverage to individuals from all walks of life. Whether you're a young professional starting your career, a family looking to safeguard your loved ones' health, or a senior citizen planning for retirement, our policy caters to your needs. With no upper age limit and flexible eligibility criteria, virtually anyone can secure this valuable protection. Whether you're in perfect health or managing pre-existing conditions, our policy ensures access to quality healthcare without financial worry. Invest in your well-being and secure a brighter, healthier future for you and your family with our 1 Cr. health insurance policy today.
To purchase our comprehensive 1 Cr. medical insurance, you'll need a few essential documents handy:
Gather these documents and embark on your journey towards comprehensive healthcare coverage with ease.
You can purchase the Arogya Supreme Health Insurance from the official website of SBI General or by contacting an agent on the phone—1800 102 1111–or by visiting the nearest branch office. Once you have finalised your policy details, you can pay using any valid payment method and receive your policy documents.
You should review the policy documents to understand the extent of coverage and policy terms and conditions, among other things. This way, you can also learn about the available add-on covers to maximise protection.
When it comes to claiming your one crore health insurance, we ensure a seamless experience. Follow these simple steps:
One of the biggest benefits of a 1 crore health insurance policy SBI General is that it provides extensive coverage; other benefits of the Arogya Supreme Health Insurance are mentioned below:
Yes. As per the law, 18% GST applies to health insurance premiums.
It is subjective. If your plan lacks coverage in certain areas, you can consider adding add-ons to increase coverage and have a well-rounded insurance plan.
Yes. Generally, most health insurance plans provide coverage for pre-existing conditions after a pre-defined waiting period.
A 1 crore medical insurance plan may seem excessive to some people. Still, the rising healthcare costs and incidents of critical conditions make it obvious that investing in high-sum insured health insurance plays a role in your favour. Are you worried about the premium for a policy with such a high sum insured? Calculate your tentative premium amount using the online health insurance calculator and learn about the effect of GST on health insurance.
Disclaimer: The coverages/benefits and the extent of coverage may vary between plans. Please read the policy wordings carefully before making a purchase. SBI General Insurance and SBI are separate legal entities and SBI is working as Corporate Agent of the company for sourcing of insurance products. Tax benefits are subject to changes in tax laws.
Disclaimer: The coverages/benefits and the extent of coverage may vary between plans. Please read the policy wordings carefully before making a purchase. SBI General Insurance and SBI are separate legal entities and SBI is working as Corporate Agent of the company for sourcing of insurance products. Tax benefits are subject to changes in tax laws.
Disclaimer: The coverages/benefits and the extent of coverage may vary between plans. Please read the policy wordings carefully before making a purchase. SBI General Insurance and SBI are separate legal entities and SBI is working as Corporate Agent of the company for sourcing of insurance products. Tax benefits are subject to changes in tax laws.
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