Post the massive COVID-19 waves, Indians are more aware of the importance of health insurance and willing to get the best plan that suits their healthcare needs. After careful consideration and feedback from our customers, we are happy to launch a new health insurance policy that offers a sum insured of Rs. 25 lakhs. Read ahead to know all about the 25L ACKO Platinum Plan.
25 Lakhs Health Insurance is a policy that offers a sum insured of Rs. 25 lakhs to the covered individuals. Our newly launched policy comes with a substantial 25 lakhs sum insured medical insurance cover. It is perfect for someone looking for adequate coverage at a budget-friendly premium.
Following are the benefits of buying a health plan with 25 lakhs sum insured.
You will get sufficient coverage for your hospital-related bills, and yes, your room rent will also be covered up to the sum insured.
Usually, add-ons need to be purchased separately by paying an extra premium. However, essential add-ons like Room Rent Waiver are included in your 25L ACKO Platinum Plan’s premium, so you don’t have to pay extra.
Most people choose to buy an additional policy to get health insurance backup for serious illnesses. But with our 25 lakhs sum insured plan, you don’t need to worry about buying a separate policy, as hospitalisation expenses for critical illnesses are already covered in the plan.
Due to rising inflation, a 25 lakhs sum insured might seem insufficient. However, our Inflation Protection feature counters this, as we will add a percentage-wise increase to the sum insured on the 10th renewal, provided there’s no gap between the renewals.
Here are the unique features of ACKO Platinum Plan.
The general waiting period in the market ranges from 1 to 4 years. Waiting for a claim just doesn’t make a lot of sense in today’s pandemic-affected world. That’s why we cover you from day 1 of your 25 Lakhs Insurance Plan.
Usually, your final hospital bill can include expenses for hospitalisation, copayment and other deductibles. All these expenses are not covered all the time. But 25L ACKO Platinum policyholders don’t have to worry about any such deductions.
Our 25 Lakhs Health Insurance Plan provides the following coverages.
✅Hospitalisation in case of a medical emergency: Policyholders can breathe easy as we cover all medically necessary hospital expenses. For example, the cost associated with the operation theatre and expenses for diagnostic tests shall be covered.
✅No cap on room rent: Your policy enables you to go with any hospital room, as it covers your room rent and also includes cover for ICU-related expenses.
✅Daycare treatments: Short-duration daycare treatments are covered under our 25 Lakh Health Insurance Policy without any additional premium. For example, a cataract surgery is covered and you can go home after a few hours, as this procedure does not require you to stay at the hospital for a long time.
✅Pre and post-hospitalisation expenses: 60 days pre-hospitalisation and 120 days post-hospitalisation coverage will be provided by ACKO to further reduce your expenses.
✅Ambulance trips: Each trip to the hospital in an ambulance costs money and may not be covered under a basic health insurance policy. To help lower your expenses, all ambulance trips are covered for each hospitalisation instance as part of your plan.
Other coverages under ACKO’s 25 lakh sum insured policy.
✅Medical treatments at home: Treatment-related expenses that need a professional setup at your home will be covered.
✅Second opinion: A second medical opinion from a doctor is often needed before hospitalisation; such consultation costs will also be covered.
✅AYUSH coverage: Ayurvedic, Yogic, Unani, Siddha and Homeopathy, treatments which some people prefer over allopathy, will also be covered as part of your policy.
Here’s a list of exclusions of the policy.
❌Undisclosed pre-existing diseases
❌Treatments for sterility and infertility
❌Gender change treatments
❌Eyesight correction procedures (less than 7.5 diopter eyesight)
❌Cosmetic surgeries (unless required due to an accident)
❌Dental treatments (unless required due to an accident)
Note: An exhaustive list of inclusions and exclusions is available in the policy wordings of our plan.
The payable premium for the 25L ACKO Platinum Plan depends on multiple parameters. For example, your age and the location where you reside play a significant role in determining the premium. During the policy purchase process, we request such basic details and calculate the premium accordingly.
ACKO is making insurance simple and raising claims simpler. All you need to do is get the ACKO app on your smartphone and raise a claim by following the mentioned steps.
Here’s all you need to know to buy the 25 lakh plan.
You can apply for it easily online on the ACKO app or website. Here’s how you can go about the process.
Step 1: Visit www.acko.com or use the ACKO app to create your account using your mobile number.
Step 2: Navigate to the “Health Insurance” tab and select “Get a quote”.
Step 3: A quote shall be generated based on your answers to the posed questions. Make the payment to complete the purchase, and we’ll send you the 25 Lakhs Health Insurance Policy to your registered email address.
People aged 18 years and above are eligible to buy the 25L ACKO Platinum Plan.
To help you get insured as fast as possible, all you need to do is share crucial past and current health status information with us, and a health insurance quote will be personalised and created based on your needs. If any soft copies are needed, we shall let you know.
The number of dependents, your age and also your location need to be considered for figuring out your health insurance premium. These factors decide how much premium you need to pay. To get an overview of your premium, you can calculate it using the health insurance premium calculator.
Following are some common queries about the 25L ACKO Platinum Plan and their answers. Feel free to get in touch with us by sending an email at [email protected] in case of any doubts.
25L ACKO Platinum Plan has a grace period of 30 days after expiry. However, this grace period is for easy renewal, and any claims made after the policy expires will not be considered.
All policyholders can take advantage of value-added services such as fitness tracking, offers on lab tests, and more.
Yes, it is worth it as the 25L ACKO Platinum Plan comes with a perfect balance of sum insured value of Rs. 25 lakhs and all-round coverage right from the first day. It takes care of all your medically necessary hospital expenses and keeps you stress-free about insurance claims, so you can focus on your health and wellness. We want you to not worry about waiting periods, copayments, room rent capping, etc., that can exponentially increase out-of-pocket expenses.
Disclaimer: The plans, services, features, processes, and other details mentioned on this page are subject to availability and changes. Please check the applicable policy wordings before making any insurance-related decisions. Feel free to reach out to us at [email protected] for any queries.