HDFC Life Health Assure Plan – Review

HDFC Life Health Assure PlanHDFC Life Health Assure Plan

Last week, HDFC Life has announced a new health plan, HDFC Life Health Assure Plan. HDFC Health Assure Plan is available in two options, Gold plan and Silver Plan. Customer can get reimbursement of expenses incurred at hospital during hospitalization. This plan is available for individual and family floater options. In this article we would discuss about HDFC Life Health Assure Plan, its features and benefits.

Features of HDFC Life Health Assure Plan

  • Plan available for 3 years and can be renewed up to the age of 70
  • Fixed premium guarantee up to 3 years even if you have any claim.
  • Sum insured would be doubled (without any additional charges) in case there are no claims in 2 years period.
  • Guaranteed life time renewals if the policy continues and premiums are paid on time
  • You can avail 4500+ hospitals for cashless hospitalization facility.
  • Choice of paying single premium or annual premium
  • Choice of purchasing this policy online

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Benefits of HDFC Life Health Assure Plan

1) In-Patient hospitalization benefit

If an insured is hospitalized beyond 24 hours, all expenses are reimbursed. It includes actual expenses incurred on room rent (max of 1% of sum insured and 2% for ICU hospitalization per day), nursing charges, anaesthetist’s charges, investigation charges and cancer treatment charges like Chemotherapy and Radio therapy. These would be reimbursed provided these charges are part of the hospital bill.

2) Day-Care Benefit

Actual medical expenses incurred for day care procedures where at least 2 hours of hospitalization is done based on certain conditions.

3) Pre-Hospitalization and Post-Hospitalization benefit

Actual expenses incurred up to 30 days prior to hospitalization and 60 days after hospitalization to the maximum of 10% of sum insured is paid under this benefit. This benefit is paid only if the in-patient benefit or day-care benefit is paid.

4) Emergency Ambulance Benefit

Actual expenses up to Rs 2,000 per policy per year would be reimbursed towards emergency ambulance benefit. However this benefit is payable only if the patient is admitted in ICU or emergency ward.

5) Donor Expenses Benefit

Actual expenses incurred during procedure of donation of an organ are reimbursed under this benefit, provided the insured is the recipient. No payment would be done for the cost of an organ.

6) Hospitalization cash benefit (Available under Gold plan only)

Fixed amount per day beyond 24 hours for complete duration of stay would be paid under this benefit. The amount of benefit is 0.1% of sum insured. Rs 3 lakhs sum insured would get Rs 300 per day and Rs 10 lakhs sum insured would get Rs 1,000 per day as cash benefit under this.

7) Wellness benefit (Available under Gold plan only)

For gold plan members, health check-up vouchers are provided for 0.1% of the sum insured from second policy year. As an example, if an individual who insured for Rs 500,000 would get Rs 500 worth of health check-up vouchers which can be used within 1 year.

8) Maternity Benefit (Available under Gold Plan, family floater cover only)

Gold plan members opting for family floater health policy would be eligible for this benefit. Actual expenses incurred due to pregnancy or complication thereof, to the maximum of 3% of sum insured is paid towards this benefit. Pre-hospitalization and post-hospitalization expenses will NOT be paid.

9) Death Benefit

There is no death benefit payable under this policy. However expenses incurred in hospitalization would be reimbursed as per policy terms.

10) Tax benefit

Health insurance plan premium can be claimed as deduction under section 80D of income tax act. The maximum amount is Rs 35,000 in a year.

Also Read: Should you buy Edelweiss Tokio Single Pay Assurance Plan

Entry age:

  • Adults: Min is 18 years and max is 70 years of age.
  • Dependent children: Min is 90 days and max is 70 years.

Premium options

Single premium can be paid for 3 years period or premium can be paid annually.

Waiting period

There is a waiting period of 30 days to cover the health insurance from the policy commencement date.

2 Years waiting period

  • One of the draw-back in this HDFC Life Health Assure Plan is that some of the benefits can be availed only after 2 years waiting period. These are expenses incurred for 
  • ENT
  • Gynecological
  • Orthopedic
  • Gastrointestinal
  • Urogenital

3 years waiting period for Pre-existing diseases

Second draw-back in this HDFC Life Health Assure Plan is that Pre-existing diseases are covered only after 3 years of policy commencement date.

Brochure: Detailed brochure of HDFC Life Health Assure Plan can be downloaded at this link:

Conclusion: There are several health insurance policies and all are not unique. Though HDFC Life Health Assure Plan has added some of the benefits like cash benefit, wellness benefit etc. one may not attract towards them. Like any other health policy, this health plan too has put riders about waiting periods for pre-existing diseases for 2 and 3 years. For me, this health policy is like any other health insurance policy with a few added benefits.

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HDFC Life Health Assure Plan


  • sharath kumar

    Dear Suresh,

    Am from Bangalore and Am currently looking for HDFC health assure plan to go for, but am not sure about the public sector, as to how good they are on claims as such, and others. As also I have seen some of the procedures are only covered after 2 or 3 years.

    It may happen that before 2 years of taking the policy, I might have issues with health, over, which are covered after 2 years of plan.

    Could I know if you would suggest any other health insurance to go for, or would HDFC health assure plan, will be a good one, based on the claims and hassle free service from HDFC.

    Sharath kumar

  • Milind

    Dear Suresh,

    I am currently having Health plan provided by my employer. However, I wanted to take one more healthe insurance plan and have been searching in the market for a good product. After searching, I found that the HDFC Assured Mediclaim policy is better than other products available with different market players. However there condition of waiting period is curse, I saw u r suggestion on Reliance Health policy but i am little skeptical on Reliance……Can u suggest any other lucrative policy. I am looking for floater



    • Milind, Out of all the health care policies, I found that there are some or other conditions, hence I felt Reliance is good one. Why you have a doubt on Reliance. Go thru it one more and let me know your exact doubt so that I can clarify you. There are other health policies in LIC too, but they are too expensive.

  • Ravikumar N

    Dear Suresh,

    I am currently having Health plan provided by my employer. However, I wanted to take one more healthe insurance plan and have been searching in the market for a good product. After searching, I found that the Mediclaim policy of United India Insurance is better than other products available with different market players. United India's Mediclaim policy is available at lesser price and adequate features list. But, I am just worrying about the service level as this company is public sector company. Can you pls suggest me shall I go and purchase the product from United India by compromising on service level (I really don't know the service level they are providing) or any other good product available in the market taking care of better price, features and services. Pls suggest.


    Ravikumar N

  • Jasmeet Singh

    Toatally agree with the conclusion… nothing wow abt this policy! 

    BTW nice article suresh

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