Young Star Insurance Policy

Young Star Insurance Policy

Young Star Insurance Policy is an extensive Health Insurance Policy that provides complete coverage to individuals during the most progressive stage in anyone’s life. This plan covers adults between 18 and 40 years of age and their economically dependent children from 91 days to 25 years.

This Policy comes with 2 variants: Silver Plan and Gold Plan. Any one variant can be chosen based on the requirements.

With Sum Insured options ranging from Rs. 3 Lakhs to Rs. 1 Crore for Individual Policies and Rs. 5 Lakhs to Rs. 1 Crore for Floater Policies, this plan covers the in-patient hospitalization expenses of the Insureds and their families along with multiple new age features with no pre-medical screening. 

This Policy offers coverage to people up to the age of 40 years. The Young star policy offers coverage to the medical expenses incurred because of hospitalization, ambulance charges, mid-term inclusion, automatic restoration, etc. It also comes with special features, like no cap on room rent. 

This policy can either be purchased as an individual or family floater basis with sum insured choices. An individual can either select a gold plan or a silver plan below this policy according to their needs.  

Knowing the Young Star insurance policy details will help you understand its importance.

Young Star Insurance Policy Inclusions  

There are many coverages included in this policy. The following coverage is offered under the Star Young Star Health Insurance policy:

• Hospitalization expenses, like room rent, nursing expenses, specialist's fees, ICU charges, are included in this plan. 
• Emergency Road Ambulance Charges are covered.
• Pre-hospitalization expenses that is any medical expenses incurred prior to the admission to the hospital are covered up to 60 days. 
• It covers the post-hospitalization expenses that is the medical expenses incurred up to 90 days after discharge from the hospital.
• It covers the daycare procedures that require hospitalization for less than 24 hours.
• An insured person can get an e-medical opinion from the insurer's panel of experts.  
• The insured can claim a cumulative bonus of 20% of the Basic Sum Insured for each claim-free year.  
• A few modern-day treatments that need advanced medical techniques, like deep brain stimulation, balloon sinuplasty, oral chemotherapy, etc., are covered. 
• It offers coverage for delivery expenses up to Rs 30,000 per delivery, which are taken care of below the Gold plan only.   
• One can use the hospital cash benefit through this policy. It offer a cash allowance of Rs 1000 each day for up to 7 days per hospitalization and 14 days per policy period is offered below the Gold plan only.  

What are the additional coverages under the Young Star Insurance Policy?  

The Young Star Insurance Policy additionally cover the following advantages:

• Health Check-ups- Expenses connected to health check-ups are included for every policy year under this policy. 
• The automatic restoration of basic sum insured is an advantage of this policy. That is, if the sum insured limit is exhausted, then the insured person can get the auto sum insured restoration benefit until 100%, except for modern treatments. 
• In-patient hospitalization because of a road traffic accident is covered once in a policy year, provided the insured person was wearing a helmet and was riding a two-wheeler.  
• One can benefit from the Star Wellness Program advantage. The insured person can get rewards through wellness activities and by maintaining a healthy lifestyle. The rewards can be utilized to get savings on premium payments.

Star Young Star Insurance Policy Exclusions  

Though there are many inclusions in this policy, there are also some exclusions. The Star Young Star Insurance Policy Exclusions are given below : 

• Pre-existing diseases (for the first year) expenses are excluded. 
• Specified diseases arrive with a waiting period of 12 months and are not covered. 
• No expenses are covered during the 30-day waiting period except for accidents.
• Expenses of rest cure or respite care treatment are excluded. 
• Expenses for the Obesity-related treatment and Gender change treatment are not included.   
• Cosmetic or plastic surgery treatment costs are not included. 
• Alcoholism or any other drug addiction expenses are excluded. 
• Sterility and infertility-related medical expenses are not covered by this plan. 
• Expenses for the Circumcision treatment are not covered below this plan.
• Medical expenses connected to Intentional self-injury and STDs will not be covered. 
• Expenses related to the medical treatment due to war or invasion like situations, and Nuclear weapon attacks will be excluded. 
• Existing specified diseases expenses will not be covered. 

What is a Young Star Extra Protect-Add on Cover?  

Young Star Extra Protect-Add on Cover is a cover that promotes the limit of existing coverage and provide new features to the base health insurance policy. The policyholders who are covered below this policy with a minimum Sum Insured of Rs. 10,00,000/- could get this add on cover.

Eligibility of Star Health Young Star Policy  

Star young star health insurance has many benefits. The add-on can be used as an extra coverage below the young star health insurance. Let’s discuss the eligibility of Star Health Young Star Policy.    

• This has to be covered under the Young Star Insurance Policy with a minimum sum insured of ₹10,00,000. 
• This star health insurance add on can be included at the policy's inception or renewal time.  
• Make sure that age and family size match the entry age and family size criteria of the chosen base policy.
• Ensure that the policy term matches the duration of the base policy. 

What is Health Insurance Add-on? 

A health insurance add-on refers to an extra advantage that can be added to your choice of health insurance by paying a small amount towards the premium amount. You can get more coverage for particular needs with these add-ons when the time comes.   

Features and Benefits:

The bouquet of features & benefits offered by Young Star Insurance Policy are as follows:

• There is no room rent capping. The Insured can avail treatments in a single private A/C room.
• Automatic Restoration of Sum Insured once by 100% ensuring that the Insured’s treatment expenses remain payable during the subsequent hospitalizations
• The Insured’s base coverage gets a 25% boost to a maximum of Rs. 10 Lakhs on hospitalizations arising out of road traffic accidents.
• A cumulative bonus of 20% of the Sum Insured for every claim free year to a maximum of 100% of the Sum Insured can be accumulated during renewals.
• In patient hospitalization expenses incurred towards AYUSH and the listed Modern Treatments are covered.
• This plan also offers coverage for annual health check-up, all daycare procedures, road ambulance charges, pre & post hospitalization expenses and e-medical opinions from Star Health’s medical experts.
• The Insured can get a coverage for their delivery expenses and hospital cash benefits by opting Gold Plan.

Star Health provides end-to-end support with captivating wellness activities and discounts in the premium of up to 10% during renewals and encourages its customers to choose a healthy lifestyle.

If an individual gets insured under Young Star Insurance policy before 36 years of age and wishes to renew under this plan after 40 years, he/she can avail a 10% discount in the premium in all subsequent renewals thereof.

With wide range of benefits, multiple discount options and instalment premium payment modes, Young Star Insurance Policy promises to protect the health and well-being of the individuals when they are busy climbing up the ladder of success to achieve their goals. 

Why is a Star Health Insurance Add On needed?

Star Health Insurance Add-On can help upgrade your limitations of the existing policy. They offer an extra coverage for things such as room rent, non-medical items, and treatments.

Star Health Insurance Young Star has many benefits. Similarly, Star Health Add-On Covers have many benefits. Here are the benefits of Add-On Covers :

• Claim Safety: Add-ons could offer coverage for non-medical items. 
• Enhanced room rent: Add-ons can offer coverage for enhanced room rent.  
• Enhanced limits: Add-ons can offer enhanced limits for modern and AYUSH treatments. 
• Home care treatment: Many add-ons provide coverage for home care treatment.
• Bonus Guard: Many add-ons offer a bonus guard benefit.  

Types of Add-On Covers

There are many types of add-on covers. Let’s discuss some of the add-on Covers.

1) Maternity Health Coverage

It is an add-on advantage designed for pregnant mothers to offer coverage for the expenses incurred during childbirth. But this add-on often has a waiting period of 24-48 months for the coverage to begin.

2) Critical Illness Cover

This is an add-on that offer full coverage if the policy holder are diagnosed with any critical illness, like cancer, heart attack, or kidney failure. This cover is offered as an add-on by some insurers, while for others, it is offered as standalone critical illness insurance policy separately.

3) Hospital cash Cover

This add-on covers any non-medical expenses incurred during hospitalisation, as per the policy terms mentioned in the documents.

4) Room Rent Waiver

A room rent waiver cover helps health insurance policy cover the room rent charge at the hospital by reducing your burden on your savings.

5) OPD Cover

This add-on cover offers financial help to cover treatment and consultation expenses that do not need admission to a hospital. It also covers minor procedures that do not necessarily need hospitalisation.

6) Home Care Treatment

The home care treatment add-on offers financial coverage for medical expenses incurred because of different home treatments. However, these expenses come with fixed limits.

7) Consumables Cover

It is an add-on that manages the expenses incurred by medical equipment and supplies needed for treatments. This can cover items such as syringes, gloves, masks, and other disposable items that are excluded below basic coverage.

8) Restore Benefit Cover

The restore benefit cover permits you restore your sum insured value a number of times during the policy year in case it is exhausted because of any claim. This add-on helps policyholders who need continuous coverage even after numerous claims.