While MediPlus is a smart and affordable top-up health Policy, MediSenior is a health cover for senior customers and MediRaksha is a basic medical insurance plan aimed at residents in the semi-urban and rural locations and for the economically backward sections.
"With the ever-rising costs of healthcare services and rising inflation, senior citizens are grappling to keep up with basic medical expenses."
"These new plans are a comprehensive offering with a unique set of features that distinguishes itself from the existing gamut of health insurance products currently available for all," Tata AIG General Insurance managing director and chief executive KK Mishra told PTI.
"With empathy and trust being the hallmark of the company, we will continue to provide world class services in health and mediclaim space," he added.
The policy offers a waiver of deductible feature, which allows the customer to migrate to the private sector general insurer's full-fledged indemnity-based health insurance policy (without any deductible) for an insured sum of Rs 5 lakh during his/her retirement years between 58 and 60.
This feature is available to all customers who hold/held a medical policy from the company before the age of 50, he said.
The entry age for MediSenior is 61 years and there is no restriction on the maximum age at entry. MediSenior provides comprehensive coverage against in-patient hospitalisation, pre- and post- hospitalisation, daycare procedures, domiciliary and organ donor expenses, emergency ambulance.
Policy holders can use the cashless claim settlement across an extensive network of hospitals, Mishra said.
MediRaksha, is a cover specifically designed for tier two and three markets or for those who fall under the lower income class of the society.