Skip to Content

Manipal Cigna Sarvah Param

https://www.honvest.com/web/image/product.template/39/image_1920?unique=730efcb
(0 review)

Health Insurance

93.10%

Claim Settlement Ratio

75.45%​

Incurred Claims Ratio​

15000+

Cashless Ā Hospitals

24

Complaints per 10,000 claims settled

₹ 0.00 0.0 INR ₹ 0.00

₹ 0.00

  • Type
  • Brand

This combination does not exist.

Type: Health Insurance
Brand: Manipal Cigna

Summary

Good Features

āœ…

No Waiting Period

Bonus added every year, even if you claim

Cumulative Bonus can go upto 1500% ofĀ Sum Insured

Non-Medical expensesĀ covered, eg: Gloves, Masks etc (Consumables) Ā 

Option to receive 100% of the Sum Insured for the first claim made each policy year, effective from day one

Missing Features

āŒ

Monthly premium payment option is not available

Room Limit : Single Private AC Room (can changed with Add-on)

Pricing

āŒ

Expensive (compared to other plans)

Insurer Performance​

šŸ’”

āŒĀ HigherĀ claim settlement complaints

āœ… Higher claim settlement ratio than Average

āœ… DecentĀ Incurred claims ratio thanĀ AverageĀ 


Product Benefits

āœ…

Free Benefits

In Patient Hospitalisation

ICU Room Rent Limit

No Limit

Room Rent Limit

No Limit (Add-on)

Pre & PostĀ Hospitalisation

Pre Hosipitalization Expenses coveredĀ 

90 Days

Post Hosipitalization Expenses coveredĀ 

180 Days

Day Care Treatment

Financial Limit

No Limit

No. of treatments covered

All are covered

Organ Donor

Expenses covered upto

Sum Insured

DomiciliaryĀ Treatment

Expenses covered upto

Sum Insured

No. of illnesses NOTĀ covered

13

ModernĀ Treatment

Financial Limit

No Limit

BonusĀ 

Max Bonus

1500%

Reduction inĀ bonus postĀ claim

No (Bonus applies irrespective of claims)

% of Bonus added every year

100%

Super BonusĀ 

Max Bonus

Not Available

Reduction inĀ bonus postĀ claim

Not Available

% of Bonus added every year

Not Available

Restoration BenefitĀ 

No. of times refill can be applied

Unlimited

Claim in which refill of cover can be applied

Subsequent claims

When doesĀ restoration trigger ?

Partial exhaustion of Sum Insured

Illness for which refill will beĀ eligible

Related and unrelated illness

Non-Medical Expenses CoverĀ (Consumables Cover)

Limit on Non Medical Expenses

No limit (Add-on)

Cover on Non Medical Expenses

Available (Add-on)

Additional Features

Alternate Medicine (AYUSH)

Sum Insured

Worldwide Coverage

Not Available

Animal Bite Vaccination

Not Available

Daily Cash Allowance

Not Available

Discount on Renewal

Available, Upto 2.5%

Free Health CheckUps

Once a year (for Adults)

Out patient consultation benefits

Not Available

Maternity Benefits

Available in a difference Plan

Sarvah UttamĀ (3 years waiting period for Maternity, covers for 2 deliveries)Ā 

20% of Sum Insured or Max Rs. 5 Lacs cover for Maternity

Limits

Cataract treatment expenses covered up to

Sum Insured

Joint replacement surgery expenses covered up to

Sum Insured

Pre-existing Disease Waiting Period

No Waiting Period

Specified Treatment Waiting Period

No Waiting Period

Initial Waiting Period

30 Days

Co-payment

10%/20%/30% (Add-on)

Deductible

Multiple OptionsĀ (Add-on)

Add-Ons

Surplus Benefit ā˜… Recommended

Additional 100% of sum insured, available from day one for 1st claim only, in each policy year.Ā 

Coverage for Non Medical Items & Durable Medical Equipment ā˜… Recommended

CNM : Covers listed 68 Non-Medical Items up to the Sum inured (in case of In-patient Hospitalization and/or Day Care Treatment).

DMC : Covers total listed 10 equipment, the expenses towards the cost of buying / renting durable medical equipment covered up to Rs.1 Lac in case.

Air Ambulance

Get up to sum insured or maximum 10 lacs over and above sum insured.

Room Rent Modification

To Any Room or Twin Sharing

Deductible

Multiple Options

Discounts

AggregateĀ Discount :Ā Get a discount on your insurance premium when you agree to pay a certain aggregate deductible amount.Ā 

Exclusions

1.Ā Multifocal lens costs for undergoing cataract treatment
2. Expenses associated with organ donor screening or organ transplant surgery involving organs not harvested from a human body
3. External or durable equipment for diagnosis or treatment
4. Dental or gum treatment is excluded, unless it involves irreversible jaw bone disease and is specifically covered under the policy

Insurer Performance

% of claims settled in less than 30 days

Speed of settling valid claims

98.70%​

Claim Settlement Ratio (No. of claims)

% of the claims received were paid

93.10%

Claim Rejection Ratio

% of claims rejected & repudiated by the insurer

6.24%

AmountĀ Settlement Ratio

% of the claim amount received was paid

66.77%

% of Complaints received on overall claims

% customers dissatisfiedĀ with claims

0.25%

Incurred Claim Ratio

% of premium collected was paid out as claims (ideal : 70-90%)

75.45%

No. of Cashless Hospitals

15,000+

Important Documents

Brochure :Ā 

Policy Wordings Ā :Ā 

Taxes

GST : ZERO
Income Tax Benefits (Old Tax Regime)Ā : Under Section 80D,Ā premium paid for Health InsuranceĀ is tax exempted. Limit is upto Rs. 25,000

Want to know more about the plan?