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8/8/2019 Health Plans
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LifeLine MediCash Plus Plan
UIN 104N045V01
In your long and interesting journey of life, it's always better to be
prepared to face any unforeseen incidents that may take place inone's life. People normally insure their home, child's education,
car, and even their retirement. However, many a times they forget
to insure their health. It's a proven fact that illnesses strike without
warning, which again can affect one's finances. Thus, it's important
to have a good health cover that would take into account the
diverse set of needs at times of an individual's ill health. Soundhealth insurance planning ensures that you receive direct medical
expenses and indirect expenses, as soon as the situation arises.
Max New York Life health insurance schemes can act as a catalyst
in safeguarding your peace of mind and eliminating all worries
about your future treatment expenses. Presenting Lifeline -
MediCash Plus health Insurance plans from MNYL that provide
you support by giving you hospital cash benefit, whenever you are
hospitalized. Through this plan you will get a fixed benefit towards
hospitalization, ICU and recuperation (post hospitalization). And
the surgical expenses of a fixed Lump-sum amount will be paid
under LifeLine MediCash Plus for more than 400 listed
surgeries that you may undergo.
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Eligibility Criteria
Criteria Eligibility
Minimum / Maximum Age At Entry 18 years to 55 years (Age At Last Birthday)
Policy Term 10 years
Maximum Age at Maturity 65 years
Premium Guarantee 5 years
Premium Table (Sample*) Units 3
Age (yrs) Male Female
20304050
58866429842413194
53286078816911922
Premium Payment Frequency Half Yearly and Yearly
Reinstatement after Lapse Allowed only till 180 days from Lapse Date
Premium Limits Minimum: Rs. 2,500 (Yearly Mode)and Rs. 1,300 (Half Yearly Mode)
Waiting Period 90 days from policy commencement apartfrom hospitalization due to accidents
Benefits Number Of Units Bought
1 2 3 4 5
Daily Hospital Cash 1000 2000 3000 4000 5000
Daily ICU Cash 2000 4000 6000 8000 10000
Recuperating Cash(Lump-Sum)
3000 6000 9000 12000 15000
Annual Limit (Days) 50 days of Hospitalization
Policy Term Limit
(Days)
250 days of Hospitalization
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Surgical Cash ( Lump-Sum Upto Rs)
50,000 100000 150000 200000 250,000
Minor (10%) 5,000 10,000 15,000 20,000 25,000
Intermediate (15%) 7,500 15,000 22,500 30,000 37,500
Major (35 %) 17,500 35,000 52,500 70,000 87,500
Supra major (100%) 50,000 100,000 150,000 200,000 250,000
Others Upto10,000
Upto10,000
Upto10,000
Upto10,000
Upto10,000
Cashless hospitalization available in over 4000+
network hospitals across the country. Fixed daily
hospitalization benefit available irrespective of
amount of actual billing.
Benefits are Payable in addition to any other health
insurance cover that you may have with us or any
other insurer.
The premiums are guaranteed for five years from the
effective date. After five years, the Company may
revise the premium rates based upon the actual
review of the claims experience subject to prior
approval of IRDA.
Guaranteed Long-Term coverage for 10 years subject
to payment of premium made by you.
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Premium discount incase policy is claim-free for first
5 years.
Tax benefit on the premium paid upto Rs. 15, 000
under section 80 D of the Income Tax Act.
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LifeLine Wellness Plus Plan
UIN 104N042V01
All of us aim for a long and illness-free life. However, as human
beings we are prone to various illnesses and may contract variousdiseases. Though there are innumerable medical facilities and
technologies available today to cure almost every illness, the cost
attached to it quite high. These are the times you may need the
assistance of a health insurance plan to manage these unforeseen
situations and expenses. Illnesses strike without prior warning and
that's the reason why you should possess a good health cover,which would insure you against various illnesses and guarantee
financial security should you require any treatment. The health
covers would provide you peace of mind and allow you to focus
your time energy on other important things in life.
Max New York Life's LifeLine-Wellness plus health plan provides
a wonderful benefit system in terms of long tenure of coverage,
coverage for 38 critical illnesses and tax benefit.
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Eligibility Criteria
Criteria Eligibility
Age At entry 18 years to 60 years
Option for policy term 10, 15 or 20 years
Maximum age at maturity 75 years
Premium Guarantee 5 Years i.e subject to the revision withIRDA approval. Premium is renewedevery 5 years through the term of yourplan
Premium Limits Minimum: Rs. 2,500 (Yearly Mode)and Rs. 1,300 (Half Yearly Mode)
Waiting Period 180 days from policy commencement
Reinstatement after Lapse Allowed only till 6 months based ondeclaration of good health
Waiting Period after Reinstatement 90 days from policy revival date
Scale of Benefits
Coverage Choice Life Line - Wellness Plus Plan
Number of Units 1 2 3 4 5 6 7 8 9 10Sum Assured (in lacs) 2 4 6 8 10 12 14 16 18 20
Example: If you take 5 units of Wellness Plus you have bought yourself a sumassured of 10 lacs as per the table above.
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List of Covered Critical Illness Conditions under LifeLine- Wellness Plan
The list of covered conditions are divided into 3 groups
Group 1 Group 2 Group 3
Claim - 25% of SA. Claim - 50% of SA. Claim - 100% of Sum
Policy Continues with the Policy Continues with the Balance Assured
Balance Sum Assured Sum Assured Policy discontinued
Alzheimers DiseaseAngioplasty and other Invasive Apallic Syndrome
BlindnessTreatment for Coronary Artery Aplastic Anaemia
DeafnessDisease Brain Surgery
Loss of SpeechBenign Brain Tumor Cancer
Medullary Cystic DiseaseCardiomyopathy Coma
Motor Neuron DiseaseEnd Stage Lung Disease Coronary Artery By-
Muscular Dystrophy Heart Attack pass Surgery
Heart Valve Surgery Kidney Failure
Major Burns End- Stage Liver
Multiple Sclerosis Disease
Multiple Trunk Avulsions of the Loss of Independent
Brachial Plexus Existence
Necrotizing Fascitiis Loss of Limbs
Paralysis or Paraplegia Major Head trauma
Parkinsons Disease Major Organ
Primary Pulmonary Hypertension Transplant
Poliomyelitis Stroke
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Systemic Lupus Erythematosus Surgery of Aorta
Terminal Illness
Total Permanent Disability(to Age 65)
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Benefits under LifeLine - Wellness PlanYou can avail benefits on the happening of any of the above eventsand fulfilling the following 3 conditions
Confirmed by a registered medical practitioner, including a relevantspecialist acceptable to the company (the cost of which shall beborne by the policyholder).
Provided the life insured has survived for at least 28 (Twenty eight)days after the happening of the insured event..
The life insured filing with the company all the required claimdocuments within 60 days of the date of the happening of theinsured event.
A claim with respect to any particular critical illness, if paid, shallnot be payable again.
Special Benefits: APEX MEDICAL OPINION (Second Medical Opinion)
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LifeLine-Safety Net PlanUIN 104N043V01
Just as life, it is important to insure one's health to live a
peaceful life. Ironically, it is well-known facts that lot of
individuals are either uninsured or not insured at all. In
spite of the rapid advancement of medical science, the
expenses attached to various treatments are quite high.
Everybody definitely needs health insurance coverage
because illnesses if contracted can seriously impact
finances and devour precious savings due to the absence
of a good health cover. Therefore, it's important to get your
health insured at the earliest and enjoy a hassle-free life.
There is a vast variety of affordable health insurance plans
in the market. However, it's up to you to choose the best
possible health cover, which would suit your budget.
Recognizing the need for a complete all round financial
protection for you and your family, Max New York Life
Insurance Company offers you a term cum health
insurance - LifeLine-Safety Net , the new age insurance
covering death, disability, disease and accident under one
single plan.
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Eligibility Criteria
Criteria Eligibility
Minimum/ Maximum Age At entry 18 years to 60 years
Policy Term 10, 15, 20, 25 or 30 years
Maximum Cover Ceasing Age 75 years
Minimum Sum Assured Rs. 200,000
Maximum Sum Assured Rs. 40,00,000
Premium Guarantee 5 Years Premium is renewed every 5 years through theterm of your plan
Benefits
Death Benefit
In case of unfortunate event of the death of the life insured, the company shall pay the sum assured as specified in
the schedule of the policy subject to deduction of Critical illness benefit if paid any.
Critical illness benefit
On the diagnosis of any of the critical illnesses (Cancer, Coma, Kidney Failure, Multiple Sclerosis, Heart
Attack, Paralysis / Paraplegia and Stroke) or
On the actual undergoing of the surgery of Major organ transplant, Coronary artery , bypass surgery , Heart
valve surgery, the company shall advance 50 % of the sum assured as specified in the schedule of the
policy document, subject to the survival of the life insured for at least 28 (Twenty Eight ) days after the
happening of the such insured event
As this is an accelerated benefit, availing this will reduce the death benefit to be paid on death of Life Insured by 50%.
Total and Permanent Disability Benefit
During the Policy term if the life insured meets with an accident which results in total and permanent
disability within 180 days of the accident, the company shall pay an additional benefit of 50 % of the sum
assured. This is an additional benefit over and above of other benefits.
If the life insured is engaged in any of the occupation which require to spend significant time being exposed
to the risk factors associated with the type of occupation/ industry, the cover in respect of total and
permanent disability shall immediately cease to apply irrespective of the fact whether
The life insured informed the company of the change in his occupation or industry or
A total and permanent disability was not caused as a result of such exposure to risk factors associated with
the type of occupation/ industry where the life insured was working.
Accidental Death Benefit
If the life insured dies due to an accident, the Company shall pay an additional benefit equal to 100% of the sum
assured as specified in the schedule.
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Comprehensive Insurance plan giving financial protection
from:
1.Death
2.Critical Illness
3.Total and Permanent Disability
4.Accidental Death Benefit
5 Years Premium Guarantee
High Coverage Tenure (Up to 30 Years)
Tax Benefit under section 80C
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Max New York Life LifeLine Healthy Family PlanUIN 104N052V01
Why Healthy Family
The core of any happy family is a healthy family.
However, demanding lifestyles, high stress levels and
deteriorating environmental conditions are increasing
the probability of diseases and consequently, treatment
for the same. The need of the hour is for a plan that not
only takes care of your health, but also takes care of
your family. Taking care of this need Max New York Life
presents LifeLine Healthy Family - the Most
Comprehensive Health Insurance Plan
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Eligibility Criteria
Criteria Eligibility
Minimum / Maximum Age for Adults 18 years / 65 years
Minimum / Maximum Age for Children 0 days / 18 years
Policy Term 10 years
Maximum Age at Maturity 75 years
Premium Guarantee 5 years rate guarantee
Premium Payment Mode Anuual, Semi-annual, Quarterly and Monthly
Family benefit is extended to Self
Spouse
Children (existing and future additions)
Parents Benefit is extended to Policyholder's parents only
Benefits structure for : 1 unit for Family
Category/Benefit (Rs.) Self Spouse Children
Hospitalization Benefit:
Daily Cash / per diem 1,000
ICU Cash / per diem 2,000
Post hospitalization care benefit 3,000
Surgical Cash (lump-sum) 2,00,000
Critical Illness (lump-sum) 4,00,000 2,00,000 NA
Maximum Hospitalization days (limit)
Policy Year 100
Policy Term 500
*Congenital Surgical Correction (only for children under 18 years of age)
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For benefit corresponding to unit, multiply all benefits except number of days into number of units chosen
Choice of units: 1 to 5
There are 5 categories of Surgeries under Surgical Cash Benefit:
Supramajor: 50% of the surgical cash limit
Major: 17.5% of the surgical cash limit
Intermediate: 7.5% of the surgical cash limit
Minor: 5% of the surgical cash limit
Others: Lower of 10,000 or 2.5% of surgical cash benefit, whichever is lower
Benefits structure for: 1 unit for Parents
Category/Benefit (Rs.)
Hospitalization Benefit:
Daily Cash/ per diem 1,000
ICU Cash/per diem 2,000
Post hospitalization care benefit 3,000
Surgical Cash (lump-sum) /per Parent 1,00,000
Critical Illness (lump-sum) /per Parent 1,00,000
Maximum hospitalization days(limit)
Policy Year 100
Policy Term 250
For benefit corresponding to unit, multiply all benefits except number of days into number of units chosen
Choice of units: 1 to 5
There are 5 categories of Surgeries under Surgical Cash Benefit:
Supramajor: 100% of the surgical cash limit
Major: 35% of the surgical cash limit
Intermediate: 15% of the surgical cash limit
Minor: 10% of the surgical cash limit
Others: Lower of 10,000 or 5% of surgical cash benefit, whichever is lower
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Guaranteed renew ability till age 75
Long term Health coverage for 10 years
Up to Rs. 35,000 as tax benefit under section
80D of the Income Tax Act,
Rs. 15,000 for self, spouse and children
Rs. 20,000 for parents
Cashless hospitalization in over 4000+
network hospitals across the country
Fixed hospitalization benefits irrespective of
actual billing
Photocopies of bills will suffice for claims