*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
When it comes to offering comprehensive health insurance coverage, Liberty Health insurance meets the demand eminently. The policies offered by the insurer fulfill the requirement with the right kind of solution in a range of health insurance plans, in harmony with Indian sensibilities and needs. Extensive coverage in terms of medical expenses is the hallmark of Liberty Health Insurance Plans, which has a bouquet of variants to choose from.
Liberty Health Insurance is a comprehensive cover for a range of hospital medical expenses, offered by a new Liberty General Insurance Limited, operating since 2013 through its corporate headquarters in Mumbai. It is a joint venture enterprise between US-based Liberty Insurance Limited, a Group Company of Liberty Mutual Insurance Group founded in 1912, along with their Indian counterparts Enam Securities, specialists in investments and the DP Jindal Group, an Industrial Conglomerate. The combined expertise brings to the fore a customer-centric business model aiming to provide retail, commercial, and industrial insurance solutions to address preferred distinctive needs of Individual and Corporate customers. Within this short period, LGI has established a foothold pan India with 97 offices in 98 cities spread across 28 states. It boasts a partner network of 5000+ hospitals to provide an assured seamless experience to health insurance policyholders.
The need for Health Insurance in India is pronounced now as never before. Very low penetration of suitable healthcare insurance offers enormous scope to Liberty Health Insurance to tap the market with a customized portfolio of health insurance products offering comprehensive coverage at an affordable cost. The Claim Settlement Ratio achieved on March 31, 2019, is an indicator of the seamless experience awaiting the policyholder. The key attractive factors highlighted by Liberty Health Insurance Reviews that make Liberty Health Insurance Policy worthy of purchase are extensive coverage of medical expenses. Besides, Liberty Health Insurance Policies also offer benefits encompassing renewal, loyalty perks, and liberal free look options.
Different health insurance plans offered are customizable. Their top-up and super top-up provides liberal options to substantially enhance the sum insured of the base health insurance policy. Among the unique features, which every Liberty Health Insurance Plan can boast of are:
The range of benefits in Liberty Health Insurance Plans offers value for money provisions to the policyholder. Some of the major benefits are listed below:
**All savings provided by the insurer are as per the IRDAI approval. Standard T&C apply.
**Tax benefit is subject to changes in tax laws.
Liberty Health Insurance Plans are all indemnity type and fully customizable with several variants in specific plans. The types of Health Insurance Policies offered are:
The policyholder gets an eclectic choice in the range of different Liberty Health Insurance Policies. In such a scenario, it is imperative to compare plans, where the features and benefits are available at a glance to enable the policyholder to make an informed choice when going in for the final purchase.
Based on Other Parameters
Table I |
||||
Comparison of Health Connect Insurance Plans on other parameters |
||||
Parameters |
E-connect |
Basic |
Elite |
Supreme |
Policy Term |
1 or 2 years |
|||
Option |
Individual sum insured or Family Floater sum Insured |
|||
Sum Insured |
Rs 3 to Rs 7.5 lakh |
Rs 2 to Rs 10 lakh |
Rs 3 to Rs 15 lakh |
Rs 2 to Rs 15 lakh |
In-Patient Hospitalization |
Y |
Y |
Y |
Y |
Pre Hospitalization |
30 days |
60 days |
60 days |
60 days |
Post Hospitalization |
60 days |
90 days |
90 days |
90 days |
Domiciliary Hospitalization |
10% of the sum insured |
|||
Hospital Daily Cash |
Rs 500/day |
Rs 500/day |
Rs 1000/day |
Rs 1000/day |
Ambulance |
Rs 1500 |
Rs 1500 |
Rs 2000 |
Rs 2000 |
Organ Donor Expenses |
Up to Rs 1 lakh |
Sum Insured |
Sum Insured |
Sum Insured |
Second opinion |
Y |
Y |
Y |
Y |
Recovery Benefit Rs.10000 |
- |
- |
- |
Y |
Nursing Rs.500/day |
- |
- |
- |
Y |
Restoration of SI |
Y |
|
Y |
Y |
Extended Policy Tenure |
Y |
Y |
Y |
Y |
Health Check-Up |
Y |
Y |
Y |
Y |
Loyalty Perk |
Y |
Y |
Y |
Y |
Enhancement of SI |
Y |
Y |
Y |
Y |
30 days of Exclusion |
Y |
Y |
Y |
Y |
1-year Exclusion |
Y |
Y |
Y |
Y |
2 years Exclusion |
Y |
Y |
Y |
Y |
Pre-existing Diseases |
4 years |
4 years |
3 years |
2 years |
Table II |
||||
Comparison of Secure Connect Health Insurance Plans |
||||
Particulars |
Secure Basic |
Secure Elite |
Secure Supreme |
Secure Complete |
Policy Term |
1, 2 and 3 years |
|||
Option |
Individual sum insured or Family Floater sum Insured |
|||
Sum Insured |
Rs.2 to Rs.4.5 lakhs |
Rs.2 to Rs.10 lakhs |
Rs.3 to Rs.10 lakhs |
Rs.2 to Rs.15 lakhs |
In-Patient Hospitalization with sub-limits |
Y |
Y |
Y |
Y |
Pre Hospitalization |
30 days |
30 days |
45 days |
30 days |
Post Hospitalization |
45 days |
45 days |
60 days |
45 days |
Hospital Daily Cash |
|
|
|
Rs.500/day |
Day Care |
Y |
Y |
Y |
Y |
Ambulance |
Rs. 1000 |
Rs. 2000 |
Rs. 3000 |
|
Sub Limits |
Y |
Y |
Y |
Y |
Co-Pay |
Y |
Y |
|
Y |
Restoration of SI |
Y |
Y |
Y |
Y |
Health Check-Up |
Y |
Y |
Y |
Y |
Stay Fit Perk |
Rs.3000 |
Rs.5000 |
Rs.7000 |
Rs.5000 |
Enhanced Cumulative Bonus |
Y |
Y |
Y |
|
Waiver of sub-limits |
Y |
Y |
Y |
Y |
30 days of Exclusion |
Y |
Y |
Y |
Y |
2 years Exclusion |
Y |
Y |
Y |
Y |
Pre-existing Diseases |
4 years |
4 years |
4 years |
4 years |
Table III |
||||
Comparison of Health Connect Supra Insurance Plans |
||||
|
Top Up |
Super Top-up |
||
Options |
II |
III |
I |
II |
Sum Insured |
Rs.3 to Rs.7 lakhs |
Rs.10 to Rs.20 lakhs |
Rs.3 to Rs.20 lakhs |
Rs.10 lakhs to Rs.1 crore |
Deductible |
Rs.2 to Rs.5 lakhs |
Rs.5 to Rs.10 lakhs |
Rs.2 to Rs.10 lakhs |
Rs.10 lakhs to Rs.40 lakhs |
In-Patient Hospitalization |
Y |
Y |
Y |
Y |
Pre Hospitalization |
30 days |
60 days |
30 days |
60 days |
Post Hospitalization |
60 days |
90 days |
60 days |
90 days |
Day Care |
Y |
Y |
Y |
Y |
Loyalty Perk |
|
|
Y |
Y |
Restoration of SI |
Y |
Y |
Y |
Y |
Ayush Treatment |
Y |
Y |
Y |
Y |
Worldwide coverage |
Y |
Y |
Y |
Y |
Wellness Assistance |
Y |
Y |
Y |
Y |
Now that the salient features of Liberty Health Insurance Plans are available for view at a glance, it is imperative to learn about them in greater detail, so that any query in the mind of the policyholder is clarified with detailed explanation enunciated below.
It is a comprehensive health insurance cover designed to provide for all healthcare needs of the policyholder with regard to hospital treatment for medical contingencies. All the plans in this category are eligible for online purchase and renewal.
Affordable health insurance plan yet tailored to suit individual preferences, with sum insured options ranging from Rs 3 lakh to 7.5 lakh.
Inclusions:
A comprehensive plan with a range of sum insured from Rs 2 lakh to Rs 10
Inclusions:
It offers various options to choose the sum insured in a range from Rs 3 to Rs 15 lakh with restoration and its auto reinstate benefit. At renewal, there is no reduction of Loyalty Perk which enhances basic sum insured at 10% for each claim-free year up to and as much as 100% of the same.
Inclusions:
The plan offers sum insured options ranging from Rs 2 to Rs 15 lakh with the usual other benefits thrown in, making it an enticing proposition.
Inclusions:
The USP of this plan is that it provides for maximum cover against a minimum premium. In other words, the plan provides value for money features for the benefit of all the policyholders. There are 4 variants under this policy, where the following applies to all of them.
Inclusions:
Inclusions:
Inclusions:
Inclusions:
Top up option permits enhancement of sum insured at a fractional cost of the base Health Insurance Policy. There are two variants of Top-up and Super Top-up to choose from, as an extension to the base policy.
Inclusions:
Super Top-Up
Inclusions:
Optional covers:
This policy from Liberty General covers the insured for an unexpected situation leading to accidental injuries, death, disability etc. The policy coverage can be extended for self, spouse and dependent children up to the age of 25 years.
Inclusions:
Value-added Cover:
Optional Covers:
The following exclusions are applicable in all the Liberty Health Insurance Policies across the board.
The first step is to check for the eligibility norms so that the policyholder is able to ascertain the suitability of the chosen plan.
Comparison of Liberty Health Insurance Plans for Eligibility Criteria on Age |
||||
Plan Name |
Variant |
Min Entry Age |
Max Entry Age |
Renewal |
Health Connect |
E-Connect |
18 years for adult |
65 years for adult |
Lifelong |
Basic |
||||
Elite |
||||
Supreme |
||||
Secure Health Connect |
Basic |
18 years for adult |
65 years for adult |
Lifelong |
Elite |
||||
Supreme |
||||
Complete |
||||
Children from 91 days to 25 years can be covered provided one of the parents is insured |
The best option to buy Liberty Health Insurance Policies is online at user-friendly portals of aggregators such as Paisawiki.com, official portal of the insurer or any of the branch offices. However, the purchase can be completed in a few simple steps with Paisawiki.com, which are defined below:
*It is to be noted that Standard T&C Apply
The list of documents defined for Liberty Health Insurance Plans is categorized for Purchase and Claim processing. They are not exhaustive, and the insurer may ask for specific documents if warranted.
Purchase
Claim for Hospital and Daycare Treatment
Other Claims
Road Accidents
Non Medico-Legal
Accidental Death Cases
Other Death Cases
The popular mode of Liberty Health Insurance Renewal is through the online mode at the aggregator. The basic steps to follow are:
A: Some specific diseases are listed with a defined waiting period of 12 months and some for 24 months. It is imperative to check the policy document for details.
A: Sub-limits are defined in some plans based on a percentage of the sum insured with additional amount restrictions.
A: In some plans, there is provision for Co-pay of 10% for in-patient treatment obtained in Non-Network Hospital, as well for those policyholders who are above 60 years of age.
A: It is normally available only up to 10th day of consecutive stay in the hospital, after deduction of the first 48 hours.
A: Since the plan is Top-up in nature aimed to enhance the sum insured, it comes into play only after exhaustion of the base sum insured of the original plan.
A: The maximum number admitted is 4 in different combinations, including the primary insured. However, the maximum number of adults is limited to 2.
A: The relationships are Self, Spouse, Dependent Children, Parents and Parents-in-Law in a single proposal.
A: The policy must be renewed on before the due date, failing which a grace period of 30 days is granted.
A: Liberty Health Insurance has provision for dedicated TPA services, and all the claims are required to be routed through them.
A: Normally, the policyholder avails of cashless treatment in a networked hospital where the claim is directly settled with the hospital. In case treatment is obtained in a non-Network Hospital, the claim is reimbursed subsequent to the submission of claim documents.