IFFCO Tokio Health Insurance

With the rising cost of healthcare services and large number of people falling to varied severe and chronic diseases, it has become extremely crucial to have a health insurance. A health insurance not only makes quality healthcare accessible and affordable but, also serves as a safety net that protects an individual from any sudden financial crisis that may arise from any medical emergencies. Health insurances also offer the added advantage of tax benefits on premium paid under sec 80D of Income Tax Act 1961.

Choosing the right health insurance policy that caters to your needs is also quite important otherwise you might get stuck with a health insurance policy that does not offer proper coverage and might prove useless in times of needs. As such it is highly recommended to do proper research and also analyse one’s own need and requirements from a health insurance, before settling on one particular health insurance. And the availability of a plethora of Government and private health insurance plans just adds to the dilemma of selecting the right insurance plan. One particular private health insurance plan is the IFFCO Tokio Health Insurance that has been garnering positive reviews for quite some time now.

IFFCO Tokio Health Insurance review

The IFFCO Tokio Health Insurance offers great inclusive and comprehensive health insurance plan. The IFFCO Tokio Health Insurance with its customer centric approach and excellent post sales services and other striking features has become the leading health insurance provider in the country.

IFFCO Tokio Health Insurance is the product of the IFFCO Tokio General Insurance Company Limited, which is a joint venture between the Indian Farmers Fertiliser Cooperative (IIFCO) and its associates and the Tokio Marine and Nichido Fire Group. The IFFCO Tokio Health Insurance started its operation in the year 2001 and witnessed massive growth from 2001 up until now. IFFCO Tokio Health Insurance still remains one of the leading private health insurance providers in the country.

With 65 Strategic Business Units, 120 Lateral Spread Centres and 255 Bima Kendras, IFFCO Tokio Health Insurance is truly an all inclusive and comprehensive health insurance plan. The various IFFCO Tokio Health Insurance products are designed to cater to the needs of all strata of the society whether it is a farmer or a big business corporation.  The company focuses on the inclusion of all the sections of the society, a vision that is well reflected in its health insurance plans. IFFCO Tokio Health Insurance also uses modern technology for the speedy and efficient claim settlement.

IFFCO Tokio Health Insurance types of plans offered

IFFCO Tokio Health Insurance offers its range of health insurance plans under two main categories namely;

  • Individual Health Insurance plans
  • Group Health Insurance plans

The various health care plans offered by IFFCO Tokio Health Insurance are as follows;

  • IFFCO Tokio Swasthya Kavach Family Health Insurance Policy
  • IFFCO Tokio Individual Medishield Policy
  • IFFCO Tokio Critical Illness Insurance Policy
  • IFFCO Tokio Family Health Protector Policy
  • IFFCO Tokio Health Protector Plus Policy
  • IFFCO Tokio Health Protector Policy
  • IFFCO Tokio Personal Accident Insurance Policy

IFFCO Tokio Health Insurance Key Features

Some of the key features of IFFCO Tokio Health Insurance that sets it apart from the other health insurance providers are as follows;

  • IFFCO Tokio Health Insurance offers on the spot, speedy health insurance plans by means of the digital signature facility at any of the branches, POS centres and online purchases on the e- portal of the company
  • IFFCO Tokio Health Insurance also has a lower waiting period of only 3 years on pre existing diseases.
  • IFFCO Tokio Health Insurance also offers auto renewal of the sum insured in case of claim under the health insurance policy
  • Another striking feature of select IFFCO Tokio Health Insurance is the full reimbursement of eligible claim amount.
  • IFFCO Tokio Health Insurance has tie –ups with nearly 3000 hospitals all over India that offer cashless facility to the policy holders.
  • It also has 24*7 call centre dedicated to providing assistance for claim settlements.
  • IFFCO Tokio Health Insurance provides discounts on add – on coverage for enlisting family members.

IFFCO Tokio Health Insurance Hospital List

IFFCO Tokio Health Insurance has a considerable number of tie – ups with nearly 3000 hospitals that offer cashless facility to the policy holders. For the complete list of network hospitals you can use the network hospital locator tool available online on the company’s website.

IFFCO Tokio Health Insurance claim procedure

An individual can file a claim in two ways – cashless claim and reimbursement claims.

Cashless claims

  • For Cashless claims an individual needs to inform the company three days prior to hospitalisation in a network hospital.
  • In cases of emergency hospitalisation inform the company post hospitalisation
  • Show your health card along with a photo identity at the hospital’s TPA desk
  • Submit a pre – authorisation request form to the IFFCO Tokio Health Insurance TPA desk
  • After approval of the request form the hospital will initiate cashless treatment

Reimbursement claims – In this type of claim the individual needs to clear the medical expenses at the hospital and after that initiate the reimbursement claim procedure, which is as follows;

  • Submit a duly filled claim form at IFFCO Tokio Health Insurance claim settlement desk.
  • Attach all payment documents like medical bills, invoices, etc along with the hospital discharge summary, to the claim form and submit.
  • After proper verification, the reimbursement claim amount will be given by means of a cheque within 20 days of claim filed.

IFFCO Tokio Health Insurance renewal

IFFCO Tokio Health Insurance offers lifelong renewal services. A policy holder can easily renew their health insurance online or they can choose to visit their nearest branch office and get their health insurance renewed.

IFFCO Tokio Health Insurance is one of the few inclusive health insurance plan that offer something for almost all the strata of the society and in doing so the company has garnered positive reviews making it the leading private health insurance provider in India.