Tata AIG General Insurance Company Profile Review, Products

Tata AIG General Insurance is a collaboration between AIG Inc. and the Indian giant, Tata Group. It is now a world-renowned international financial and insurance service provider. The company provides a wide range of non–life insurance products. The claims settlement services are the most outstanding; as a result, the company is slowly penetrating the retail and commercial space for newer opportunities.

An Overview of Tata AIG Insurance Products

Tata AIG offers a host of great products in:

●     Lifestyle insurance

●     Home insurance

●     Travel insurance

●     Motor insurance

●     Health insurance

●     Other specialised products

Let us now take an overview of the various popular insurance policies by Tata AIG:

Name of Insurance Policy	Tata AIG MediPrime – Cashless Health Insurance
Maximum Age for Entry	55 years
Maximum Sum Assured	5 lakh
Coverage	Hospitalisation without any sub - limits

Name of Insurance Policy	Tata AIG Wellsurance Executive Policy
Minimum Age for Entry	18 years
Maximum Age for Entry	65 years
Coverage	Lump sum benefit for critical illnesses, hospitalisation and post-hospital care

Name of Insurance Policy	Tata AIG Wellsurance Family Policy – Family Fixed Benefit Plan
Minimum Age for Entry	18 years
Maximum Age for Entry	65 years
Eligible Age of Children	6 years to 18 years
Coverage	Lump sum benefit for critical illnesses, hospitalisation and post-hospital care; Children education benefit in case of death or permanent total disability of policyholder

Name of Insurance Policy	Tata AIG Wellsurance Woman Policy
Minimum Age for Entry	18 years
Maximum Age for Entry	65 years
Coverage	Lump sum benefit for 11 critical illnesses, hospitalisation and post-hospital care; cosmetic surgery benefits for accidents

Name of Insurance Policy	Tata AIG Critical Illness
Minimum Age for Entry	18 years
Maximum Age for Entry	65 years
Eligible Age of Children	6 years to 18 years
Coverage	Lump sum benefit for 11 critical illnesses, hospitalisation and post-hospital care; Children education benefit in case of death or permanent total disability of policyholder

Name of Insurance Policy	Individual Accident and Sickness Hospital Cash Policy
Minimum Age for Entry	6 months
Maximum Age for Entry	65 years
Coverage	Daily hospitalisation benefit for 180 days and post-hospital care.

These are some of the insurance policies offered. Some other very good products include:

●     MediPlus – Top – up Medical Health Insurance Plan

●     Medi Senior – Senior Citizen Health Insurance Plan

●     MediRaksha – Affordable Health Insurance Plan

Group Accident and Sickness Hospital Cash Policy

Apart from medical insurance, Tata AIG also offers the following insurances:

●     Personal accident insurance

●     Marine insurance

●     Property insurance

Features and Benefits of Tata AIG Insurance Policies

●     Tata AIG policies cover a maximum of 5 family members which includes 2 adult members and 3 children

●     All medical expenses covered for 60 days of pre and post hospitalisation

●     Health check up schemes for no – claim years

●     Policies are for lifetime coverage and renewable throughout the life of the policyholder

●     For pre-existing ailments, a waiting period of 4 years is required before covering it under the scheme

●     For every no – claim year you can get a cumulative bonus of 10%, that may accumulate up to 50% of the sum assured

●     Cashless hospitalisation facilities in more than 3000 networked hospitals.

●     No pre – policy medical examination necessary for individuals below 50 years of age or in cases where the sum assured is below 5 lakhs

Exclusions From the Tata AIG Insurance Policies

Tata AIG General Insurance reviews tell us that the following are excluded from coverage under their insurance policies:

●     When there is an ensuing war

●     Inflicting self-injury intentionally; attempt to commit suicide

●     Taking part in army, navy or air-force operations

●     Taking part in reckless sports like racing, scuba diving, etc.

●     Person found addicted to alcohol, drugs and smoke

●     Obesity control therapies

●     Psychiatric problems, Parkinson’s, Alzheimer’s diseases

●     AIDS and similar sexually transmitted diseases

●     Treatment for sterility and infertility

●     Pregnancy, maternity and childbirth

In Conclusion…

Tata AIG General Health Insurance has in store for you a host of beneficial insurance policies for yourself as well as your family members – not only for medical concerns but also every other aspect of life. The services are efficient and focused only on the benefit of the clients. The policies are all inexpensive and worth checking out today only.

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