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By arrangement with M/s. Universal Sompo General Insurance Co Ltd.

HOW CAN I APPLY FOR HEALTH INSURANCE? The applicant can apply for Health Insurance through our IndOASIS Mobile App.

You can login to your INDOASIS mobile app and click on Wealth & Insurance Icon then choose the option Buy Insurance.

DO I NEED TO HAVE ANY ACCOUNT IN INDIAN BANK FOR APPLYING ONLINE INSURANCE? Yes, an applicant should have a Savings Account to apply for Insurance.

The Online Insurance is straight through process & the customer can avail the facility through our Mobile app INDOASIS, but in case of assistance he/she may contact the home branch.

WHAT IS “COMPLETE HEALTH CARE”? “Complete Health Care” of M/s. USGICL provides for Mediclaim Insurance cover, which is available to all the customers of Indian Bank for maintaining a Saving Bank account or Current Bank account including NRI customers. However, the cover is available for treatment in hospitals in India only and Global coverage is available as Add-on option.
 WHAT ALL ARE COVERED UNDER “COMPLETE HEALTH CARE” ? The Hospitalization expenses of the insured when Insured sustains any injury or contracts any disease and is advised hospitalization by a Medical Practitioner
WHAT IS THE SUM INSURED OPTIONS AVAILABLE? Sum Insured ranges from Rs 4,00,000 to Rs 50,00,000 in different plans as below


Plan Types:


1.Essential (4,00,000 & 5,00,000)

2.Privilege (6,00,000 to 10,00,000)

3.Plus (15,00,000 & 20,00,000)

4.Premier (25,00,000 & 30,00,000)

5.Executive (40,00,000 & 50,00,000)

6.Digi Pro (4,00,000 to 10,00,000)


IS THERE A BONUS IN THE POLICY FOR CLAIM FREE YEAR? • Cumulative Bonus of 10% of the Sum Insured will be applicable for every claim free year accumulating up to 50% of sum insured. of the Inpatient Sum Insured for up to 10 lacs of Base SI under the Policy (Plans – Basic, Essential, Privilege and Digi-Pro) and


• 20% of the Sum Insured this year, maximum Cumulative Bonus shall not exceed 100% of the Inpatient Sum Insured from 15 Lacs to 50 Lacs of Base SI under the policy (Plus, Premier, Executive)


• In the event of a claim, the cumulative bonus shall be reduced by 10% and/or 20% (as per plan opted) of the increased Sum Insured in that following Policy Year.


a.       Wellness Benefit

b.      Emergency Assistance Service

c.       Personal Accident Cover

d.      Rest Cure, Rehabilitation and Respite Care Nursing Care Expenses Extension

e.       Emergency Travelling Allowance

f.        Extension under Pre & Post Hospitalization

g.      Maternity and Childcare Benefit Waiting Period Modification

h.      Coverage for Non- Medical Items

i.        Condition Waiver Under Restore Benefit

j.        Daily Hospital Cash

k.      Critical Illness Cover

l.        Pre-Existing Disease Waiting Period

m.    Outpatient Dental Waiting Period Modification

n.      Second Opinion

o.      Obesity/Weight Control Expenses Extension

p.      Sterility and Infertility Treatment Expenses Extension

q.      Enhanced Organ Donor Expenses

r.        Premium Waiver

s.       Global Cover

t.        Medically Advised Support Devices

u.      Home care Treatment

v.      Disease Management Program

w.    Modern Treatments

WHAT IS THE TENURE AVAILABLE WITH THE POLICY ? The Policy term from one year to three years is available.
IS THERE ANY WAITING PERIOD APPLICABLE TO COVER THE EXISTING DISEASES? Expenses related to the treatment of a pre-existing Disease (PED) and its direct complications shall be excluded until the expiry of 36 months of continuous coverage after the date of inception of the first policy
IS THERE ANY DISCOUNT AVAILABLE WITH THE POLICY ? Yes, Discount is applicable for Policy term more than one year.

Policy Term Discount %
1 0%
2 5%
3 7.5%


Yes, Discount applicable on premium in family floater policy.


No of Members Discount
1 0%
2 2.5%
3 5.0%
>3 7.5%
WHAT IS THE MAJOR EXCLUSION APPLICABLE UNDER THE POLICY ? Policy has below mentioned major exclusions :

A. Change-of-Gender Treatments:
B. Cosmetic or plastic Surgery:

IS THERE ANY TAX BENEFIT? Yes, Premium paid is eligible for Tax benefit.
WHO IS ELIGIBLE TO TAKE THIS POLICY ? All account holders of Indian Bank within the age of the proposer Minimum18 to Maximum75 years and

Entry Age of the dependent children – Minimum 91 day– Maximum 25 years are eligible to take the Policy.

WHAT IS THE FREE LOOK PERIOD APPLICABLE IN 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.
IS ENHANCEMENT OF SUM INSURED ALLOWED UNDER THE POLICY ? The Sum Insured under the Policy can be enhanced only at renewal subject to underwriter’s approval
IS PORTABILITY APPLICABLE TO “COMPLETE HEALTH CARE” ? Yes, If the Insured Person is continuously covered without any break as defined under the portability norms of the extant IRDAI (Health Insurance) Regulations then waiting period for the same would be reduced to the extent of prior coverage

Click here for Detailed Policy Terms & Conditions

( Last modified on May 11, 2023 at 08:05:25 PM )

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