You can consider the ‘Vidyarthi Mediclaim’ policy by NIC. It is an insurance policy that provides health and personal accident coverage to students. It also provides for continuation of insured student’s education in case of death or permanent total disablement of the guardian due to accident. VIDYARTHI-Mediclaim for Students is a unique policy designed to provide Health and Personal accident cover to the students. Get a wide range of coverage benefits under Vidyarthi Mediclaim Policy for Students offered by National Insurance Company
What’s Included
- In-patient hospitalisation expenses
- 12 modern treatments including robotic surgery, immunotherapies, oral chemotherapies, etc.
- Treatment for morbid obesity, after specified waiting periods
- Correction of eyesight, i.e. refractive errors above 7.5 D
- Mental illness, genetic disorders, HIV/AIDS
What’s Not Included
- Venereal disease or insanity is not covered under this plan
- Claims arising due to war, nuclear risks, etc
- Claims arising due to intentional self injury or attempt of suicide
- Home visit charges, non-prescription drug
- Change of gender treatments, cosmetic surgery, etc.
- Can I avail tax benefits under Vidyarthi Mediclaim Policy for Students?Yes. You can avail tax benefits on the premium paid for Vidyarthi Mediclaim Policy for Students, under Section 80D of the Income Tax Act, 1961.
- Can I avail cumulative bonus under Vidyarthi Mediclaim Policy for Students?Yes. You can avail a cumulative bonus of 5% for every year a claim is not made, for up to a maximum accumulation of 10 claim free years of insurance.
RATE CHART
Premium chart:
| Section | Sum Insured (Rs.) | Sum Insured (Rs.) | Sum Insured (Rs.) | Sum Insured (Rs.) | Sum Insured (Rs.) | Sum Insured (Rs.) | Sum Insured (Rs.) |
| I | 50,000 | 75,000 | 1,00,000 | 1,25,000 | 1,50,000 | 1,75,000 | 2,00,000 |
| II | 1,00,000 | 1,50,000 | 2,00,000 | 2,50,000 | 3,00,000 | 3,50,000 | 4,00,000 |
| III | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 |
| Premium Rs.) | 582 | 838 | 1,111 | 1,365 | 1,620 | 1,851 | 2,084 |
| Service charge extra |
