Union Bank Of India Health Insurance Premium Chart
Introduction
Health insurance is a must-have for everyone to ensure that they are covered in case of any medical emergencies. Union Bank of India, one of the leading banks in the country, offers health insurance policies that cater to the needs of its customers. The premium chart provides the details of the premium rates based on the age and sum insured of the policyholder.
What is Health Insurance?
Health insurance is a type of insurance that covers the medical expenses of the insured person. It provides financial assistance in case of hospitalization, medical treatments, surgeries, and other related expenses. The policyholder pays a premium amount to the insurance company, and in return, the insurance company covers the medical expenses as per the terms and conditions of the policy.
Union Bank of India Health Insurance Policy
Union Bank of India offers health insurance policies that provide coverage for hospitalization expenses, pre and post-hospitalization expenses, day-care procedures, ambulance charges, and more. The bank offers two types of health insurance policies – Individual Health Insurance Policy and Family Health Insurance Policy.
Individual Health Insurance Policy
The Individual Health Insurance Policy offered by Union Bank of India provides coverage for individuals between the ages of 18 and 65 years. The policy provides coverage for hospitalization expenses up to the sum insured amount. The policy also provides coverage for pre-hospitalization expenses up to 30 days and post-hospitalization expenses up to 60 days. The policyholder can choose a sum insured amount ranging from Rs. 50,000 to Rs. 10 lakhs.
Family Health Insurance Policy
The Family Health Insurance Policy offered by Union Bank of India provides coverage for the entire family. The policy covers the policyholder, spouse, and dependent children up to the age of 18 years. The policy provides coverage for hospitalization expenses up to the sum insured amount. The policy also provides coverage for pre-hospitalization expenses up to 30 days and post-hospitalization expenses up to 60 days. The policyholder can choose a sum insured amount ranging from Rs. 1 lakh to Rs. 10 lakhs.
Premium Chart
The premium chart provides the details of the premium rates based on the age and sum insured of the policyholder. The premium rates are calculated based on the risk factors associated with the policyholder. The premium rates increase with age and sum insured amount. The premium rates are subject to change based on the terms and conditions of the policy.
The premium chart for the Individual Health Insurance Policy is as follows:
The premium chart for the Family Health Insurance Policy is as follows:
Conclusion
Health insurance is a crucial aspect of financial planning. Union Bank of India offers health insurance policies that cater to the needs of its customers. The premium chart provides the details of the premium rates based on the age and sum insured of the policyholder. It is essential to understand the terms and conditions of the policy before purchasing the policy. Union Bank of India's health insurance policies provide comprehensive coverage at an affordable premium rate.