“IOB Health Care Plus” provides for Mediclaim Insurance cover, which is available to all the customers of K for maintaining a Saving account or Current account with them including NRI customers. However, the cover is available for treatment in hospitals in India only.

The Hospitalization expenses of the insured when Insured sustains any injury or contracts any disease and is advised hospitalization by a Medical Practitioner

Sum Insured ranges from Rs 50,000 to Rs 5,00,000 in multiples of Rs 50,000.

No, bonus is not avilable in the policy.

Optional Extension of Personal Accident (Accidental Death only) is available.

The Policy term from one year to three years is available under individual policies.

Yes, Policy has Long Term Policy disocount.

Policy has below mentioned major exclusions :

1. A. Investigation & Evaluation(Code- Excl04)
2. B. Rest Cure, Rehabilitation and Respite Care (Code- Excl05)
3. C. Obesity/ Weight Control (Code- Excl06)
4. D. Change-of-Gender Treatments: (Code- Excl07)
5. E. Cosmetic or plastic Surgery: (Code- Excl08)

For detailed exclusions, Please refer policywordings.

Yes, Premium paid is eligible for Tax benefit.

All account holders of IOB within the age band of 18 to 65 years are eligible to take the Policy.

You will be allowed a period of at least 15 days from the date of receipt of the Policy to review the terms and conditions of the Policy and to return the same if not acceptable.

The Sum Insured under the Policy can be enhanced only at renewal subject to underwriter’s approval

Yes, A co-payment of 20% co-pay shall be applicable on each and every claim of Insured above 55 years of age

Yes, Insured has option to migrate to a substitute product offered by Us.

Yes, Portability option is available in the policy.

The insured shall be entitled for reimbursement of cost of health check-up once at the end of every Three Policy years (under this scheme) provided there are no claims reported during the block.