1 Crore Health Insurance has become a favoured choice amongst the people of India. But what does this entail? Is it worth the investment? Introducing ACKO Platinum Plan with 1 Cr. sum insured: a revolutionary health plan without the many terms and conditions. Instead, it’s based on real insights and feedback from people like you who expect better from their insurer. Let us take a closer look at what 1 cr health insurance includes, how it works, and the advantages of investing in such an extensive plan.
Plans start at just ₹21/day*.
We pay 100% of your hospital bills
From syringes to surgeries
No limit on hospital room rent
No compromises on recovery
10% growth in sum insured every year
To keep up with rising healthcare costs
Most health insurance for 1 crore provides high sum insured for all-round protection against medical contingencies. The term “1 Crore” means the amount of money the insurance company agrees to spend for the policyholder’s medical expenses during the policy period. This amount is paid against various forms of hospitalisation like room rent, treatments, surgeries, and, occasionally, outpatient procedures.
A regular health insurance policy in India may offer a sum insured of ₹5 to 20 lakhs. In contrast, a 1 cr medical insurance policy will offer a sum insured much higher. It is mainly intended for high income customers with significant medical issues. For example, the likelihood of critical illnesses in the family. Thus, a 1 cr health plan proves to be the ultimate health insurance protection.
The sum insured is as high as 1 Cr. It helps cover the cost of hospitalisation for almost every possible medical emergency. Let’s tell you more about what you get when you buy the ACKO Platinum Plan with a 1 Crore sum insured.
With our health plan, you will always have a sufficient and high sum insured if and whenever needed. You don’t have to worry about hospitalisation expenses because we will handle everything.
In most other health insurance plans, add-ons often get skipped while buying the policy. Later, you end up with extra expenses at the time of claim. With 1 Cr. ACKO Platinum Plan, add-ons such as Room Rent Waiver, Doctor on-call, etc., are already included in your policy, so you don’t have to pay for these out of your pocket at the time of claim.
With a high sum insured of ₹1 crore, you probably will not require top-ups or super top-ups. However, if your sum insured gets exhausted, you can restore the ₹1 Crore sum insured by 100% if necessary. Top-ups will be a thing of the past. With this plan you don’t need to buy a backup in the form of a top-up.
Since critical illnesses have a higher cost and risk, people generally buy a separate policy at a very high premium to cover future contingencies. With the 1 crore health insurance plan, you don’t need a separate policy at all. We will cover hospitalisation expenses for critical illnesses under the base plan itself.
If you are on the old tax regime, then you can get tax benefits for yourself and your family members for paying the health insurance premium under section 80D. The tax benefits increase if you or your dependent parents are senior citizens.
A sum insured of ₹1 Cr is sufficient for covering the medical needs of a large family including the policyholder, spouse, up to 4 dependent children, parents, and parents-in-law for one year.
A high sum insured health plan can also protect you against medical inflation i.e. the rising healthcare costs. It ensures that you and your family get the best medical treatment without worrying about the hospital bills.
You can use the 1 crore medical insurance premium calculator to enter your details and get an approximate quote for your health plan. The calculator will consider some specific factors and then calculate the premium. Here is a list of factors that may affect your 1 crore health insurance premium.
The type of medical insurance plan you choose will determine the amount of premium you need to pay to buy the plan. For example, if you choose a comprehensive plan with a lot of add-ons then the premium will increase.
Here the insurance company will consider things like pre-existing medical conditions (diabetes, hypertension, etc.), or any surgeries you might have undergone.
Age matters when it comes to insurance because older individuals are more prone to health issues. Thus, they may have to pay a higher premium for 1 crore health insurance.
Some occupations may pose a health risk to the policyholder and thus the insurance company may need to know the details of your occupation.
Your location matters when it comes to health insurance premium as some places in the country may be considered more risky in terms of health issues.
Most health insurance plans have a tenure of one year and the premium is calculated accordingly. However, some plans can offer longer policy periods and may cost less.
Your lifestyle choices play an important role while you buy a health insurance plan. Your smoking habits or a sedentary lifestyle may lead to a higher premium.
The 1 Cr. ACKO Platinum Plan with a high sum insured value of ₹1 Crore has been designed to cover you from day 1 and cover 100% of your hospital expenses. It’s a simple plan. We want to keep you stress-free about insurance so you can focus on your health.
You may not always need medical treatment out of an emergency. Sometimes, people are diagnosed with an ailment and are hospitalised to treat it. The costs of such treatments can be comparatively higher than treatment for injuries.
For example, doctors may suggest surgery to remove a cancerous organ. This is a major surgery that requires close monitoring and follow-up treatments. This entire medical event can easily cost ₹15L - ₹20L, depending upon the severity of the illness. At this point, we don’t want anyone to worry about waiting periods, copayment, room rent capping, etc., which exponentially increase out-of-pocket expenses.
All anyone needs is a high-sum insured policy, which takes care of all hospital bills. That’s where 1 Cr. ACKO Platinum Plan takes the cake.
The 1 Cr. ACKO Platinum Plan comes with multiple benefits. But, two truly stand out and are our most important features, which we’re sure you’ll love too.
ACKO Platinum Plan covers you from Day 1. The waiting period of a few other insurers ranges from 1 to 3 years. Can you imagine waiting so long before you can claim for a specific illness despite having health insurance? Till then, you have to bear all the related expenses. With our policy, you can claim hospitalisation without waiting for even one day to buy the health insurance of 1 crore.
ACKO will pay your entire hospital bill. The claim amount includes many expenses, such as hospitalisation, copayment, compulsory deductibles, non-payable medical expenses, etc. Out of these, some expenses are not paid by primary health insurance plans by other insurers at the time of claim. When you have 1 Cr. ACKO Platinum Plan, you don’t have to worry about such deductions in your claim.
A standard 1 crore family health insurance includes hospitalisation expenses, pre and post-hospitalisation costs, day-care treatments, expenses incurred for organ donation, critical illness, maternity expenses (at times), etc. This guarantees you the necessary financial coverage given different medical states.
Almost every mediclaim policy of 1 crore boasts a vast network of hospital Cashless Facilities where one can treat oneself. If you get ill, you use health coverage to pay your medical bills without paying them from your pocket; the insurer pays the bills on your behalf. Self-pay is less financially burdensome than cash to overcome emergencies.
Most policies provide for critical illness, which is a life-threatening disease like cancer, heart disease, stroke, kidney failure, etc., as they are costly to treat, and a policy covering them can help immensely.
Inpatient hospitalisation implies that overnight stays must be arranged, but around 1 Crore policies also cover outpatient treatment (OPD) charges, including doctor consultations, diagnostic tests, and minor procedures. This may prove advantageous mainly to people who must undergo continual medical check-ups.
The No Claim Bonus is something the insurers use to make claims, and they get to increase the sum insured in the following year. For instance, if you have not made any claim in any given policy year, your sum insured could be adjusted by 10-20%, depending on your insurer, to offer a better policy cover in the following year.
Most high-end plans, such as 1 Crore health insurance plans, come with flexibility regarding room rent in the event of hospitalisation. You can take private rooms or upper-scale wards when needed without worrying about how many patients will occupy the ward to hit the rent.
Some policies start covering pre-existing conditions after some time, say 2-4 years from the policy's inception. This is rather important if you have any pre-existing chronic disorder that may necessitate medical attention in the future.
Many insurers offer a "recharge" or "restore" facility, where if you exhaust your sum insured (in this case, ₹1 Crore) due to a significant illness or injury, the policy will automatically restore the entire sum insured for subsequent claims within the same policy year. This can be a significant advantage, especially if you face multiple health issues in the same year.
Following is the list of features you get with our 1 Cr health insurance plan.
Hospitalisation expenses make up a major part of the bill. We will cover all related expenses when you are hospitalised for an illness or other covered medical procedures.
Expenses can include operation theatre costs, medical practitioners’ fees, medicine bills, diagnostic tests, and costs of surgical or medical appliances as required for your treatment.
You can choose any hospital room of your choice and we will cover the cost of room rent and ICU charges.
You may require special care and advanced medical machinery in case of a major illness or a serious injury. You will get full financial support from us if anything of such unfortunate nature happens to you or an insured loved one. It can ensure the best and most timely medical treatment and faster recovery.
Medical science has made exponential advancements over the past few decades. Thanks to these, a medical procedure that used to require prolonged hospitalisation, can now be completed within a few hours.
For example, cataract surgery does not require you to stay under observation for a long time. The doctor may allow you to go home within a few hours. Such procedures are covered under 1 Cr. ACKO Platinum Plan without any additional premium
Sometimes, a patient needs to be prepared for surgery before a planned hospitalisation. This may include medical treatment, diagnostic tests, checkups, etc. Likewise, follow up treatment may be necessary to recover from hospitalisation.
For example, chemotherapy is sometimes recommended to cancer patients after surgery to avoid the chances of recurrence. If not covered under health insurance, such expenses can have a significant impact on your finances. We offer coverage for pre-hospitalisation for 60 days and post-hospitalisation for 120 days to reduce your monetary burden.
Every road ambulance trip made between your home and the hospital may not be covered under a general health insurance policy and you end up paying for them. Since we want to reduce your out-of-pocket expenses, we will cover all such ambulance trips for each hospitalisation. We will cover multiple trips up to the sum insured.
Under this policy, we will cover the cost of transporting you to a well-equipped hospital in another city/state in case of an emergency if enough facilities are not available locally. Transport will be provided by medically-equipped speciality aircraft, commercial airline, train, road ambulance, or via air ambulance.
The cost of one such trip needs thousands of rupees. With the help of our Domestic Emergency Evacuation coverage, the 1 Cr. plan will ensure that you receive necessary medical care in any situation without paying out of your pocket.
1 Cr. ACKO Platinum Plan covers almost all unpredictable injuries or illnesses from day 1 without any waiting period. However, there are a few exclusions (some of which may be elective or cosmetic).
Note: An exhaustive list of inclusions and exclusions is available in the policy wordings of our plan.
Anyone aspiring to purchase a 1 Crore health insurance must consider the health situation and their pockets. Here are the types of individuals who may benefit the most:
Those with relatively high disposable income could be able to pay for a health insurance plan of up to 1 Crore, and there could be no limits to the treatment and hence no account from which to settle medical bills.
Any person with a history of high-risk diseases, such as heart disease, diabetes, cancer, or any other critical disease, should endeavour to take a health insurance policy of 1 Crore so that they can be compensated adequately when they are diagnosed with such diseases in future.
The plans with a 1 Crore limit are popular with people travelling internationally because the policies have global coverage. This also means you will be financially shielded if you get sick or have an accident in another country.
This could be particularly helpful if one day you or, for example, a relative contracted an illness necessitating frequent treatments, for the sum for treatments and hospitalisation will be much lower if you have a higher sum insured.
With our health plan, add-ons such as Room Rent Waiver, Doctor on call, etc. are already included in your policy.
In many other health insurance plans, add-ons often get skipped while buying the policy. Later, you end up with extra expenses at the time of claim. With 1 Cr. ACKO Platinum Plan, you don’t have to pay for any of these add-ons out of your pocket at the time of claim.
Under our health plan, all types of non-medical expenses are already covered. Some examples of non-medical expenses include the following.
Food (other than provided by the hospital), Nebuliser kit, Registration/admission charges, Nutritionist or dietician charges, Housekeeping charges, Surgical blades, Disposable razors, Bandages, cotton, Syringes, needles, sterilised injections, Digestion gels.
Few other insurers do not cover these non-medical expenses under their basic plan and you have to pay for them yourself. With 1 Cr. ACKO Platinum Plan, you don’t have to worry because we will pay it all in full.
Your 1 Cr. ACKO Platinum Plan includes the cost of the Room Rent Waiver add-on. That means you can stay in any hospital room of your choice (be it a general ward, a private room, a deluxe/super deluxe room, or even a suite). We will pay the full room rent without any deductions.
This is a major advantage for you when you compare it with the room rent capping of a few other basic health insurance plans.
For example, a primary health plan has a capping of up to ₹800 under room rent. It means the insurer will cover the maximum treatment cost if you stay in a room that costs ₹800. If you choose a room that costs more than ₹800, it will harm the claim amount. You may have to pay much more from your pocket than anticipated. That’s not the case with us.
We pay your entire room rent when covered under 1 Cr, ACKO Platinum Plan. There is no room rent capping applicable.
Whenever you need to contact a doctor, we give you access to multiple teleconsultations under our 1 Crore health plan.
Basic plans may not provide this option. Traditionally, teleconsultations have not been a widespread add-on coverage for health insurance plans. However, since COVID-19, getting in touch with a doctor remotely has become necessary. The doctor on-call feature of 1 Cr. ACKO Platinum Plan helps patients get a doctor’s opinion quickly via video calls.
1 Cr. ACKO Platinum Plan comes with the Waiting Period Waiver add-on. This means, you can rest assured that we will bear treatment costs for even pre-existing illnesses from day 1. Provided you disclose them while buying the policy.
Usually with few other insurers, there is a specific waiting period anywhere between 1-4 years for specific illnesses such as tumour, ENT disorder, hernia, osteoporosis, etc. Under these plans, you cannot claim during the waiting period even if you need to avail treatment and you end up bearing the treatment cost yourself.
With our health plan, you can focus on improving your health and let us bear your financial burden for covering the medical expenses from day 1.
Let’s look at what makes ACKO the ideal choice for buying health insurance with a high sum insured.
ACKO has a tie-up with more than 10,500 hospitals where you can avail yourself of cashless claims. Call us about the hospitalisation, and we will help you cover the hospital bill.
More than 2.8 crore customers trust us with their insurance needs. Our products span categories like Car Insurance, Bike Insurance, Health Insurance, Life Insurance, Group Medical Coverage for employees.
Have a query buzzing in your mind? Call 1800 266 2256 any day, anytime, and we will help you out.
Raising a claim against your one crore health insurance plan is very easy. You only need an active internet connection and a smartphone/computer. Just download the ACKO app on your phone to raise a claim from wherever you are.
Here are the steps to claim against the Rs. 1 Cr ACKO Platinum Plan.
We will review the claim request and ask for more documents if required. Then, we will process the claim as quickly as possible. Just ensure you upload any additional documents as soon as you get our intimation.
Here is a quick guide on how to buy ACKO Health Insurance Policy online:
Download the ACKO app or visit www.acko.com to sign up/login with your mobile number.
Go to the “Health Insurance” tab and click on “Get a quote”
Answer a few basic questions to generate your health insurance quote and make the payment to complete the purchase.
We will now connect with you to guide you through the next steps.
Today, almost everything is accessible on your phone including health insurance. Buying health insurance online is way more convenient than the offline method.
Before the internet revolution, if you wished to buy health insurance, you had to invest a lot of time and money — from arranging the necessary documents and visiting the insurance company to hiring a middleman to choose a suitable plan. Now, the process is much better. You can research easily, compare health insurance plans, and choose a suitable policy with the help of your smartphone or a computer. Unlike in older times, you don’t need to rely on a middleman to help you buy the plan.
Understanding health insurance has gotten much easier and faster now. Once you have narrowed down your preferences in a health policy, visit us at www.acko.com or download our app to buy our 1 Crore health plan within minutes.
People aged 18 years and above are eligible to buy 1 Cr. ACKO Platinum Plan. You can insure up to 10 dependents, including six adults above 18 years old and four children between the ages of 3 months to 25 years.
Adults (above the age of 18 years) need to undergo a Pre-Policy Medical Check Up (PPMC) to buy the Rs.1 Cr ACKO Platinum Plan. Here's an example of what the list of insured members can look like:
ACKO Health Insurance Policy is, in the true sense, a one-stop solution for covering your loved ones with a high sum insured.
With this plan, you can stay stress-free about rising medical costs and inflation once and for all. Such a high sum insured ensures you can promptly avail yourself of quality health care. Through features like Domestic Emergency Evacuation, we will ensure you are taken to the best medical facility even when treatment is unavailable in your locality.
The following two types of Rs. 1 crore health plans are available at ACKO.
| Features | ACKO Standard Health Plan | ACKO Platinum Health Plan |
| Sum insured | Choose from sum insured options like Rs. 10 Lakh, 25 Lakh, 50 Lakh, and 1 Cr. | Choose from sum insured options like Rs. 1 Cr. and Unlimited |
| Pre-policy medical checkup | Above 55 years | Above 18 years |
| Non-medical expenses | Covered | Covered |
| Zero Deduction on claims | ❎ | ❎ |
| Waiting period | ✅ | ❎ |
| Co-pay | ❎ | ❎ |
| Room rent limit | ❎ | ❎ |
| Pre-hospitalisation | 60 days | 60 days |
| Post-hospitalisation | 120 days | 120 days |
| In-patient hospitalisation | ✅ | ✅ |
| Domiciliary hospitalisation | Up to the sum insured | Up to the sum insured |
| Ambulance charges | Up to the sum insured | Up to the sum insured |
| Donor expenses | ✅ | ✅ |
| AYUSH coverage | ✅ | ✅ |
At ACKO, we don’t believe in unnecessary and time-consuming paperwork.
We want you to get insured as fast as possible without putting you through the hassle of arranging unnecessary documents like residential proofs or approval forms. All you need to do is share information about your past and current health status, and we will create a personalised health insurance quote for you and your loved ones.
When choosing a 1 Crore health insurance plan, it's essential to evaluate the following aspects carefully:
Make sure the premium payable can conveniently be afforded in exchange for the treatments you have undergone.
Both insurance policies have waiting periods for some specific diseases and some specific treatments. Learn these time frames.
There should be careful reading and comprehension of the exclusions part of any policy. These loopholes include specific treatments or diseases, pre-existing ailments, and time gaps. Knowing all that a prior is needed to save one lot of headaches in case a time comes when one has to transact.
Familiarise yourself with the matter relating to the exciting insurer. Relating to medical conditions, the efficiency of a straightforward and easy-to-understand form of a claim can play a role.
The 1 Crore Health Insurance plan is one of the best medical insurance policies as it gives a high sum insured to meet the rising cost of treatments. This policy can include coverage for critical illnesses, family genetic disorders, or medical treatment anywhere in the world. However, there are several factors that you have to consider before making your decision: the type of health care you require, the income you believe you stand to receive, and the amount charged in the premium for that plan.
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Disclaimer: The content on this page is generic and shared only for informational and explanatory purposes. It is based on industry experience and several secondary sources on the internet, and is subject to changes. Please go through the applicable policy wordings for updated ACKO-centric content, and before making any insurance-related decisions.
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