India post Office insurance scheme
Hi everyone. Today in this post we are going to look at the insurance scheme of India Post Office. You only need to pay ₹799 per year. We are going to look at a super insurance scheme that can cover up to ₹15 lakhs. So, if you come and see this, it is for accidental coverage. At the same time, it is a scheme that also makes mediclaim.
Earlier, India Post had schemes where you could say that if you pay ₹399 for a year, it is enough; otherwise, it is enough. The government has recently brought a lot of modifications to it. So, we will tell you what all that is and see you in another post. So, before that, let’s come and see the full details of this ₹799 scheme that has just been rolled out.
So, if you come and join this scheme, you will get up to ₹15 lakh. Before this, all the schemes had coverage up to around ₹10 lakh. Now, if you see, they have increased it up to ₹15 lakh and brought a scheme. We are going to see about that. So, those who have not subscribed to our channel before that, please subscribe. Many people come to our channel and FD schemes, at the same time, everything comes and we put money, we get good benefits at the same time, security comes and we get good interest, we have put all those kinds of schemes. Okay, let’s go to the post.
Post Office + Star health insurance
So, if you have come and taken this, it is accident and Mediclaim insurance. That is, if you come and have an accident, whether it is a group or an individual, if you come and see it, it will be covered. At the same time, if you come and have an accident and go to the hospital and get admitted, they will come and cover the expenses that you may incur there with this insurance.
So, this ₹799 plan is an accident insurance. So, who is giving this, then the post office is giving it. So, if the post office came and took all the ₹399 schemes before this, they had come and tied up with Tata Insurance Company. Now, if you come and see it recently, they are giving this ₹799 scheme along with Star Health Insurance. So, this ₹799 insurance scheme is a scheme that can be provided by the post office along with Star Health Insurance.
So, if you want to join this scheme, then come and talk to us, what are the eligibility criteria? If so, you must have a savings account with the post office. So, it doesn’t matter if you don’t have a savings account. You can go to the post office nearby and open a new savings account. So, if you have a savings account, you can easily join this scheme. That’s it, nothing else. At the same time, if you have come and seen who this scheme is for, then people between the ages of 18 and 65. You are between the ages of 18 and 65, so you can join this scheme regardless of your age.
So, if you join this scheme, you only need to pay a premium of ₹799 every year. If you join generously, you will be fully covered by this scheme. So, there is no scheme for children. There is no scheme for people above 65 years of age. It is very clear from this that it is for those in between.
Features and Benefits:
- Next, let’s see what the benefits of this scheme. Let’s see what the special features.
- Maybe in case of an accident, in case of death, they say that you will get 100% coverage.
- At the same time, permanent disability and partial disability. Permanent disability means both arms and legs are gone. The same partial disability means one arm and one leg are gone. Things related to that happen, but even then you will get full coverage.
- And in the event of an accident, there are all the medical expenses, right? This scheme will cover those expenses in full. So, there is no problem with that.
- And in case of death, if you take care of the education of your children, our children come to this world trusting us. So, if you look at their educational benefits, they come and cover them in this scheme.
- And family transportation cost, per day benefit, that is, if you are in the hospital, then I will give you this amount per day, and so on. So, if you are admitted to the hospital, there are a lot of charges for all that. This will be a little helpful for that.
Post Office Plan 799
- Okay, let’s come and see what benefits there are.
- So, let’s look at all the benefits of the Post Office Plan ₹799 in order.
- So, in case you die in an accident and you come and see what happens, they will give you full coverage, that is, ₹15 lakhs.
- At the same time, permanent disability. I already told you that. If both arms and both legs go, then it will obviously come and it is permanent disability. You will not be able to do any work. So, in that case too, they will come and give you ₹15 lakhs.
- They say the same about permanent partial disability. What do you do if you lose an arm or a leg? Then you get a full coverage amount of ₹15 lakh.
And apart from this, there are many more benefits. Let’s see what they are.
So, first of all, ambulance charge. So, now you can call 108 and book a private ambulance; in such an emergency, that ambulance charge is covered. It covers up to ₹11,000.
At the same time, travel expenses for one relative. So, a relative comes and lives far away. If they have to come, then the cost of that travel is something like that, isn’t it? They cover it.
At the same time, vehicle or residence modification. That is, let’s say they come and take you from one hospital to another. So, you can’t see it here. If they come and say, “Take you to a hospital with a little more facilities, in that kind of situation, we will definitely come and pay for the vehicles. So, they will come and support the hospital itself. If you come and see us at some point, it seems like we pay for it ourselves. If you come and see us in those situations, they have come and brought coverage for that.
And purchase of blood. So, at one point, a blood donor is not available. It seems like we come and take blood after paying. In case of an emergency situation like that, they come and generously cover that too through insurance. They cover up to ₹11,000. So, in case of a major accident, we may need blood or something like that. So, they have covered all that. To be honest, they have thought about all this very well and have come up with this scheme and given it to us in a complete and clear manner. It is very good; it seems like it is okay to look at it.
Next is the transportation cost of imported medicine. Some medicines are imported here and are not. Even if they are imported immediately, they also cover the transportation cost. They cover up to about ₹10,000.
Next is external support to the insurance. That is, if you need any external support in matters related to insurance, then that is also covered.
And in case of death, if you come and see it, the family will obviously suffer a lot immediately. So, then funeral expenses are also covered. If you don’t have that, then you can get an education benefit for your children, and it will cover you up to ₹50,000. So, immediately, all this is a little helpful. There is nothing else to say.
At the same time, they say hospital cash. That is, if you come and are admitted to the hospital, then there are a lot of expenses there. So, if you see that, they say per day, and they give you ₹1000 per day for about 60 days. So, it covers you up to ₹60,000. So, even if you are in the hospital for two months, they will come and give you ₹60,000 every day.
Next is tele-consultation. Of course, if you are in the hospital, we will come and do a doctor consultation. We do tele-consultation, and even in that case, you will come, and it will be covered. It is unlimited and unlimited. So, this much coverage, nothing like that. They have given it.
So, as far as this scheme is concerned, there is full coverage. At the same time, support for up to 60 days is a very important thing. We have to think about it. At the same time, it is ₹799 per year. It is not a very big amount. It is a very affordable scheme. So, anyone can come and join. I mean, you think that I should come for a lot of insurance and not pay premiums. They ask me to pay ₹1000 or ₹2000 per month, right? These are the schemes that are available now.
So, if you look at it, it depends on your age. Now you are above 30 years of age; if you are above 40 years of age, then the premium will increase. That too, you will have to pay monthly. So, I don’t want all that. If you are thinking of getting a small amount of insurance coverage for your family, then I would say that this scheme is the best option. It is ₹799 per year. This is an insurance scheme that has a very low premium. There is no doubt about it.
How to Join:
If you join this scheme, you will get medical expenses covered up to ₹1 lakh.
So, this scheme is okay for you. If you are thinking of joining, how do you join? So, pay a premium of ₹250 and open a savings account at the post office. There is no problem for those who have a savings account. If you go directly to the post office and ask about this ₹799 insurance scheme, they will give you a form for it. You can fill it out and join this scheme online or by paying cash. The premium is ₹799 per year. It is not a very big amount. I definitely think this will be very helpful for all ordinary middle-class people.