Closing comment This plan gives you the option of Premium depends on age of the senior Parents are included in this plan, but Parents can be included in this plan, including your parents. Premium most member in the family. It works premium depends on age of the but premium depends on age of the comparable with peers. Additional out cheaper than other plans if you insured. Maternity benefits are insured. Premium is on the higher covers include Maternity benefits and are below 45 years. However, service available, subject to certain side compared to peers, for similar personal accident cover. However, tax and bank charges are applicable conditions. The maximum age of age group. Personal accident-death domiciliary hospitalization benefits over n above the premium amount. entry is higher compared to other cover available at additional cost. are not available. No medical Further the maximum age for renewal policies. A unique feature is the high Maternity benefits are available, needed for any age of insured. of the policy is lower than other amount of cover which can be taken subject to certain conditions. But policies. The pre-existing diseases (Rs. 10 lakhs) domiciliary hospitalization benefits waiting period is higher than other are not available. No medical policies and medical check-up is needed for any age of insured. needed above 55 years. Maternity and domiciliary hospitalization benefits also not available VERDICT Can be taken. Avoid if you need Can be taken for lower age, due to Can be taken if you want high cover, Avoid due to high premium domiciliary hospitalization benefits lower premium. Else avoid due to else avoid high premium and other restrictions Bank Name Oriental Bank of Commerce Punjab National Bank Comment Name of scheme Oriental Bank Mediclaim Royal Mediclaim
Closing comment This plan gives you the option of including your parents. Premium comparable with peers. Additional covers include Maternity benefits and personal accident cover. However, domiciliary hospitalization benefits are not available. No medical needed for any age of insured. Premium depends on age of the senior most member in the family. It works out cheaper than other plans if you are below 45 years. However, service tax and bank charges are applicable over n above the premium amount. Further the maximum age for renewal of the policy is lower than other policies. The pre-existing diseases waiting period is higher than other policies and medical check-up is needed above 55 years. Maternity and domiciliary hospitalization benefits also not available Parents are included in this plan, but premium depends on age of the insured. Maternity benefits are available, subject to certain conditions. The maximum age of entry is higher compared to other policies. A unique feature is the high amount of cover which can be taken (Rs. 10 lakhs) Parents can be included in this plan, but premium depends on age of the insured. Premium is on the higher side compared to peers, for similar age group. Personal accident-death cover available at additional cost. Maternity benefits are available, subject to certain conditions. But domiciliary hospitalization benefits are not available. No medical needed for any age of insured. VERDICT Can be taken. Avoid if you need domiciliary hospitalization benefits Can be taken for lower age, due to lower premium. Else avoid due to high premium and other restrictions Can be taken if you want high cover, else avoid Avoid due to high premium Bank Name Oriental Bank of Commerce Punjab National Bank Comment Name of scheme Oriental Bank Mediclaim Royal Mediclaim
health_insurance_by_nationalized_banks_-_a_comparison.docx