Star Health Insurance

• Incurred Claim Ratio: The Incurred Claim ratio of a company determines the percentage of claims accepted and paid. The ratio should be between 60% to 100% as guided by the IRDA. When we talk about Incurred Claim settlement ratio of Star Health Insurance stands at 60.4%
• Customer Satisfaction Ratio: The customer plays an integral role in the development of the company, which why priorItizing them is of prime importance. On the other hand, Star Health insurance with an army of satisfied customers has paid Rs 2552.30 crores for the claim settlement. Also, 90% of cashless claims are attended and cleared within a time gap of 2 hours.
• Quick and Smooth Claim Service: Star Health has established a breathtaking record of claim settlement where it settled 6,34,692 claims very smoothly and without any obstruction for the current financial year. This shows how much Star Health insurance customer care is persevered in providing fast solutions and thus ensuring customer satisfaction.
• Award Titles Earned: Starting from the current list of awards bagged by the Star Health in health insurance category are Health Insurance Provider of the Year – Silver Award, Best Health Insurance Provider of the year 2018-19 by Business Today, Health Insurance Company of the Year 2017 by Finteleket and many more to roll down.
• Cashless Treatment Facility: When the insured meet any accident or illness for which he/she needs immediate medical attention through hospitalization, then this facility becomes active. Star Health Insurance completely bears all the expenses flowing out of hospitalization.
• 8,800+ Network Hospitals All over India: Star Health has the largest network of hospitals in contrast to the other health insurance players in the market. A policyholder can avail any of the nearest local hospitals for the cashless hospitalization for any illness, or accident on the permission of Star Health insurance.
• Lifelong Renewals: Policyholder is provided with the option to renew the existing policy along with carrying all the benefit earned in the previous policy year. Star Health Insurance gives you the flexibility to renew the policy online with convenience and lesser efforts.
• Specialized Coverage for Parents and Children: The health insurance plans introduced by the Star Health brings complete coverage plan exclusively for senior citizens or parents and children that covers diseases and medical expenses related to them.
• Discounts and Rewards on Renewal: When a policyholder applies for the renewal on the passing of one or two or third policy as per the policy term is chosen, he/ she will get discounts or bonuses.
• Online Facility: Star Health insurance promotes the usage of electronic form for the convenience of customers and to enhance the customer experience in the claim settlement. Where is this facility useful? This facility can be utilized to raise a query about the claim procedure and the benefits earned in a policy, knowing the claim status, submitting the claim online, renewal of the policy, online filling of the form, expert advice, etc.

• Star Travel Protect Insurance Policy
• Star Corporate Travel Protect Insurance Policy
• Star Student Travel Protect Insurance Policy

• Accident Care Individual Insurance Policy
• Student Care

• Once the policy is purchased from Star health and allied insurance, the policyholder can apply to renew the existing health plan on the policy anniversary through submission of policy details like:
• 1. Policy number mentioned over the policy documents.
  2. Date of Birth which must be the same as the DOB mentioned at the time of purchase.
• The renewal can be done online directly on the website by filling the above details.

The premium will be calculated based on a number of factors such as:

• Amount of sum insured opted: The first and foremost factor while purchasing star health insurance is the sum insured opted to meet the future medical expenses of the policyholder and his/her family.
• Age of the policyholder: The second factor for the calculation of premium is the age of the eldest member or the main applicant taking the coverage for the whole family. Whether under family floater or individuals policy, the premium will be decided by considering the age of the eldest insured person.
• Number of family members included: Another revolving factor is total members chosen to avail the coverage. Family members can be added to the policy under family floater basis. The maximum limit for including members is limited to 6/5/4 members according to the type of Star Health insurance plan opted. Only some star health plans offer coverage for family members.
• Individuals or family floater: The premium also depends upon the kind of coverage, whether it is individuals or family floater policy. Under family floater, as the count of members increases, the premium rate also increases. However, Star Health gives a discount on premium if more than 2 members are included.

• Any injury illness arising due to involvement in wars, radioactivities, nuclear bombing,
• Expenses related to spectacles and contact lenses, hearing aids, crutches, wheelchairs, and such other aids are not covered.
• Any disease arriving during the first 30 days starting from the date of inception of the policy.
• Circumcision or cosmetic or plastic surgery or aesthetic treatment and all treatments for erectile dysfunction.
• Any hospitalization that is not recommended or mandatory by the medical practitioner.
• Surgical processes for the treatment of obesity, weight control, and endocrine disorders.