Top Health Insurance Plans With Unlimited Recharge

Commonly, health insurance companies offer health insurance policies that allow the policyholders to utilise only sum insured limit in a policy year. Once they exhaust the cover, they are unable to file for any more claims.

However, when the policy is renewed, they get the entire sum insured again. But, health insurance companies are now coming up with a new concept of unlimited recharge that recharges the sum insured if it is exhausted during the policy year.

Recharge benefit is the reinstatement of the Sum Insured in a policy year. If a claim is payable in a policy year, then the insurer agrees to reinstate the sum insured 

Whereas Unlimited Recharge is an optional cover and an extension of Recharge. The terms and conditions applied to Unlimited Recharge are the same as for Recharge, but with a benefit that recharge can be availed unlimited times during the policy year. 

Let us discuss the health insurance plans that provide unlimited recharge facility:

1. Religare Care Health Insurance Plan

Religare believes that there should not be any time when you run out of coverage. So, with the objective of providing this benefit with its policyholders, it has a Care plan that has this add-on cover of unlimited recharge. When you opt for this, the amount of your sum insured, if exhausted any time within the policy period, gets re-instated every time. And there is no limit on the number of times this can be availed. Apart from unlimited recharge option, the plan provides several other add-on covers as well such as-No Claim Bonus Super, Everyday Care, Air Ambulance Cover, Personal Accident Cover, and Global Coverage.

Key Features of the Religare Care Plan-

Eligibility-Minimum entry age is of 91 days. There is no age bar on maximum age limit.  

Sum assured: 4 Lakh-6 Crore

Waiting period: 30 days for any illness except injury. 

Renewal: Lifelong renewability.

Religare’s Care plan is a comprehensive health insurance plan that meets everyone’s (Individual and family) health care requirements by covering the following-

• 30-day pre-hospitalisation coverage-It includes the cost of procedures that you undergo prior to being admitted in the hospital. 
• Ambulance cover-The expenses incurred while availing a domestic road ambulance during the hospitalisation. Some plans in Care also offer air ambulance if directed by the doctor. 
• In-patient hospitalisation-Expenses related to hospitalisation for at least 24 hours, for less than 24 hours in case of day care treatments, room rent, ICU charges, 60-day post-hospitalisation coverage are covered in the Care plan. 
• Domiciliary hospitalisation-medical expenses incurred during your treatment at home are covered if it exceeds for 3 consecutive days. 
• Annual health check-up- It is covered for yourself and the members included in your health insurance policy.  
• No claim bonus-The plan increases your sum assured by 10%, up to a maximum of 50% in three consecutive years. 
• Organ donor cover-The medical expenses incurred by an organ donor in case of organ donor surgery get recovered.
• Reassurance of second opinion-You get the second opinion at no extra cost. 
• No upper age limit of the enrollment-The plan has no upper age limit for enrollment. 
• Lifelong renewability-The plan covers an individual for life if covered once under it. For this, the policyholders need to renew their policy.  
• Coverage of alternative treatments-AYUSH treatments are covered up to a specified limit. 

2.Aditya Birla Activ Assure Diamond Plan 

Activ Assure Diamond plan is designed with an objective to safeguard your family during medical emergencies. Also, to assure that you attain healthy living ahead. With this plan, the policyholders get comprehensive coverage ranging from regular medical check-ups to hospitalization care with various incentives in the form of cash backs.

The cashback will be credited to the policyholder’s health account with which the policyholders can earn up to 30% of the premium amount. The plan also, apart from this, offers a health/wellness coach that guides and motivates individuals to lead a fit and active lifestyle by providing coaching through an online chat and a call-back service.

The plan offers an optional cover of unlimited reload of the sum insured which lets you re-instate your sum insured unlimited times in a policy year. It is an extension of Reload of Sum Insured.  

Key Features of the Activ Assure Diamond Plan 

Sum assured-2 Lakh-2 Crore

Minimum age of entry- 5 years

Maximum age of entry-No age limit. However, 20% co-pay is payable if the age is more than 61 years. 

Apart from unlimited reload on the sum insured, the Activ Assure Diamond plan offers the following to its policyholders-

• In-patient hospitalisation
• Pre and post medical hospitalisation expenses 
• Daycare treatment 
• Domiciliary hospitalisation (home treatment)
• Road ambulance cover
• Organ donor expenses
• Reload of sum insured
• Daily allowance
• AYUSH in-patient treatment
• Vaccination
• No Claim Bonus
• Health check-up program
• Second e-opinion on critical illness
• Domestic/emergency assistance services (including air ambulance)
• Health returns
• Health coach
• Reduction in PED waiting period
• Super NCB
• Accidental hospitalisation booster
• Cancer hospitalisation booster
• Any room upgrade

Now that you know the top two health insurance policies with unlimited recharge option, you must also know that extra recharge comes with a few conditions. First of all, this feature is not supported by health insurance companies for the same illness or injury for which the policyholder had already made a claim once.

Also, in some of the plans, restore option is available when the entire sum insured is exhausted. Also, the policyholders must understand that premiums vary on the basis of various factors such as age, location, and prevailing taxes/GST.

Also, Read

Challenges to Cashless Mediclaim Plan

Top #5 Insurance Options to Consider while Planning Your Retirement

To gain more clarity on unlimited recharge in health insurance plans, you can contact your insurer or health insurance broker like insurancedekho.com by calling on their toll-free number 1800 1205 698.