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Check out the key advantages of having iffco tokio health insurance cover online on Coverfox. IFFCO Tokio, a collaborative unit between IFFCO and associates and Tokio Marine and Nichido Group of Japan, offers comprehensive health insurance plans that take care of your and your family’s health needs.
IFFCO stands for Indian Farmers Fertilizer Co-operative, and is one of the largest co-operative fertilizer manufacturers in the world.
The company’s health insurance plans cover up to 5 family members, provide lifetime renewal benefits and have a strong network of hospitals PAN India to ensure that all you need to worry about is your well-being and nothing else!
No. of members- The plan covers maximum 5 members of your family with up to 3 children and 2 adults.
Lifelong Renewal – The plans offered are lifelong renewable, hence it saves you from the financial burden and stress caused by a medical emergency and keeps you well prepared to handle any situation.
Pre & Post hospitalization cover - The plan covers medical expenses for 60 days prior to hospitalization and 60 days post hospitalization only for related medical expenses.
Health Check-ups – On successful completion of 4 claim-free years, the health check-up expenses are reimbursed up to maximum 1% of the average sum insured.
Pre-existing diseases - Pre-existing diseases are covered after 3 years of waiting period.
Co-payment - The plan has no co-payment policy.
Trusted Brand: With Tokio Marine & Nichico Fire Insurance Company, the oldest insurance company in Japan, as its promoter, IFFCO Tokio has the expertise in the insurance vertical. It is one of the largest and popular insurance companies with a loyal customer base.
Ideal Products: IFFCO Tokio health insurance designs products keeping their audience in mind and you are bound to find a health insurance plan that suits you the best.
Strong network of hospitals: With a PAN India presence, Iffco Tokio has a strong network of hospitals for cashless hospitalization.
Claim settlement: With minimal rejection ratio, IFFCO Tokio health insurance comes on top when it comes to claim settlements.
Cashless Hospitalization: IFFCO Tokio has an extensive range of 4200+ authorized network hospitals where policyholders can avail cashless benefits.
Reimbursement: For medical expenses at hospitals that are not a part of the insurer’s authorized hospitals, expenditures incurred are reimbursed by the insurance company on submission of bills and documents as proof.
Alternative Treatments: Apart from expenses for hospitalization and pre and post-hospitalization expenditures, alternative treatments like Ayurveda and Homeopathy are covered by health plans from the insurance company.
Treatments Undertaken at Home: Not just expenses incurred due to hospitalization, treatments at home are also a part of the coverage.
Expenses for Organ Donation: Expenditures incurred towards donation of organs are a part of the coverage for health plans from IFFCO Tokio Health Insurance.
Miscellaneous Expenses: This includes ambulance charges, attendant allowance, etc.
Add-on Riders: Additional riders, available over and above the basic plan from IFFCO Tokio Health Insurance, enhance the effectiveness of the health plan. It is not mandatory for policyholders to opt for all the add-on riders offered by the insurance company. They can purchase them as per their unique requirements.
Digitally Signed Policy Document: Digital signatures ensure that IFFCO Tokio Health Insurance policies can be purchased online instantly, making the process quick and hassle-free.
No Involvement of Third Party Administrators (TPAs): Interested applicants and policyholders do not have to coordinate with Third Party Administrators like brokers and agents to avail cashless or reimbursement facilities. They can directly get in touch with the insurance company regarding cashless claims, making the claims procedure seamless and quick.
Pre-existing Medical Conditions: Pre-existing health conditions, i.e., illnesses that the policyholder had been suffering from at the time of purchasing the policy, are not included in the policies from IFFCO Tokio Health Insurance. These are covered only after a waiting period of at least 2 to 4 years, depending on the type of illness and risk involved.
Cosmetic Surgery: Surgeries that are undertaken to alter or improve the appearance of individuals are not covered under health plans from IFFCO Tokio Health Insurance. However, in case a cosmetic surgery is required because of an accident or injury, it will be covered by the health plan. Treatment for sex change, hormone replacement therapy is also excluded.
Pregnancy and Pre and Post-natal Conditions: Apart from pregnancy that is not covered in most health plans, other conditions like childbirth and abortion, and related treatments are also not included in policies from IFFCO Tokio Health Insurance. Even if pregnancy is covered, policyholders are eligible for it only after a specific waiting period.
Dental, Hearing and Vision: Treatments related to teeth and vision are not covered by health insurance plans as they do not involve hospitalization. If it requires hospitalization, it will be covered by the insurance company.
Premium Calculator, the automated tool, has simplified the lives of insurers as well as health insurance applicants. Modern insurance companies, having realized the potential of digitalization in ensuring customer satisfaction, have integrated the ‘Premium Calculator’ feature on their official websites. Some Third Party Administrators (TPAs) of these health insurance companies also offer this benefit to interested applicants.
It requires applicants of health plans to enter certain details about themselves and members to be insured like chosen policy, sum insured they are aiming for, no. of members to be insured and their age, etc. for the digital calculator to calculate the premium for the health plan that they have selected.
The Online Renewal Process Is As Below:
There are two ways to make claim under a Health Insurance Policy: on cashless basis and on reimbursement basis. In simple terms, for making a claim on cashless basis, the treatment must be done only at a network hospital of the insurance company servicing your policy. For availing the treatment, you would have to first seek an authorization as per the procedures laid down and in the prescribed form. In case of claims on reimbursement basis, the insurance company has to be informed as per their prescribed procedures. The policyholder has to ensure that documents such as claim form, discharge summary, prescriptions and bills to be submitted for the claim on reimbursement are obtained after hospitalization.
Religare Health Insurance has a well-defined claim processing system.
|Cashless Service||Reimbursement Claim|
In case of any emergencies, you need to inform Iffco Tokio within 24 hours of the admission. In case of planned emergencies, the notification has to reach the company 48 hours prior to the hospitalization. The claim intimation can be done via Iffco Tokio's toll free number 1-800-103-5499. The same could also be emailed to firstname.lastname@example.org.
Documents Required to Claim IFFCO Tokio Health Insurance
Further documents may be called upon for by the claim processing team if requirement for the same arises.
Note: If you are a Coverfox customer, you can directly reach out to us for all your claim-related issues and queries.
IFFCO Tokio has an extensive network of 4200+ hospitals at various cities across India. A IFFCO Tokio Health Insurance Network Hospitals are authorized to offer cashless benefit to the policyholders of IFFCO Tokio Health Insurance Company. This implies that policyholders do not have to pay a lump sum amount at the time of hospitalization or for any other medical expenses incurred during hospitalization.
This helps policyholders overcome the hassle of making payments at critical moments, saving time and making processes hassle-free.
Contact Number: (0124) 428 5499
Toll-free Number: 1-800-103-5499
Address: IFFCO Tower, Plot No. 3, Sector 29, Gurgaon - 122001, Haryana (India)
With a robust base of faithful customers clubbed with sturdy Pan India branch setup, Iffco Tokio's Family Health Insurance Plans are reasonably priced and cost-optimized. Also the premiums are viable, pocket friendly and accounted for. The cover gives you cashless hospitalization benefit in over 3000 hospitals across nation. If a worthy health cover with strict budget is what's on your mind, iffco Tokio is a sure contender.
For details about plans on offer, do call Coverfox at 1800-209-9920 to assist you further.
Why to Buy IFFCO Tokio Health Insurance Plans?
The following are the features and benefits that make health plans from IFFCO Tokio Health Insurance score over other health policies:
How to Apply For IFFCO Tokio Health Insurance Plans?
How Can I File A Reimbursement Claim with IFFCO Tokio?
You Can File a Reimbursement Claim By Following These Steps:
I Am Young And Healthy. Do I Really Need Health Insurance?
A comprehensive health insurance policy is a necessity for all. Life is uncertain. Planned medical treatments or unforeseen emergencies may arise anytime. Hence, it is important for all, irrespective of the age, to be financially prepared for such situations well in advance.