Max New York Life Insurance LifeLine Wellness Plus Plan

All of us aim for a long and illness-free life. However, as human beings we are prone to various illnesses and may contract various diseases. Though there are innumerable medical facilities and technologies available today to cure almost every illness, the cost attached to it quite high. These are the times you may need the assistance of a health insurance plan to manage these unforeseen situations and expenses. Illnesses strike without prior warning and that’s the reason why you should possess a good health cover, which would insure you against various illnesses and guarantee financial security should you require any treatment. The health covers would provide you peace of mind and allow you to focus your time energy on other important things in life.

Max New York Life’s LifeLine-Wellness™ Plus health plan provides a wonderful benefit system in terms of long tenure of coverage, coverage for 38 critical illnesses and tax benefit.

Eligibility Criteria
Age At entry18 years to 60 years
Option for policy term10, 15 or 20 years
Maximum age at maturity75 years
Premium Guarantee5 Years i.e subject to the revision with IRDA approval. Premium is renewed every 5 years through the term of your plan
Premium LimitsMinimum: Rs. 2,500 (Yearly Mode)
and Rs. 1,300 (Half Yearly Mode)
Waiting Period180 days from policy commencement
Reinstatement after LapseAllowed only till 6 months based on declaration of good health
Waiting Period after Reinstatement90 days from policy revival date
Scale of Benefits
Coverage ChoiceLife Line – Wellness Plus™ Plan
Number of Units12345678910
Sum Assured (in lacs)2468101214161820

If you take 5 units of Wellness Plus you have bought yourself a sum assured of 10 lacs as per the table above.

List of Covered Critical Illness Conditions under LifeLine- Wellness™ Plan

The list of covered conditions are divided into 3 groups
Group 1Group 2Group 3
Claim – 25% of SA.Claim – 50% of SA.Claim – 100% of Sum
Policy Continues with thePolicy Continues with the BalanceAssured
Balance Sum AssuredSum AssuredPolicy discontinued
Alzheimer’s DiseaseAngioplasty and other InvasiveApallic Syndrome
BlindnessTreatment for Coronary ArteryAplastic Anaemia
DeafnessDiseaseBrain Surgery
Loss of SpeechBenign Brain TumorCancer
Medullary Cystic DiseaseCardiomyopathyComa
Motor Neuron DiseaseEnd Stage Lung DiseaseCoronary Artery By-
Muscular DystrophyHeart Attackpass Surgery
Heart Valve SurgeryKidney Failure
Major BurnsEnd- Stage Liver
Multiple SclerosisDisease
Multiple Trunk Avulsions of theLoss of Independent
Brachial PlexusExistence
Necrotizing FascitiisLoss of Limbs
Paralysis or ParaplegiaMajor Head trauma
Parkinson’s DiseaseMajor Organ
Primary Pulmonary HypertensionTransplant
Systemic Lupus ErythematosusSurgery of Aorta
Terminal Illness
Total Permanent
Disability(to Age 65)
Benefits under LifeLine – Wellness™ Plan
You can avail benefits on the happening of any of the above events and fulfilling the following 3 conditions
  • Confirmed by a registered medical practitioner, including a relevant specialist acceptable to the company (the cost of which shall be borne by the policyholder).
  • Provided the life insured has survived for at least 28 (Twenty eight) days after the happening of the insured event..
  • The life insured filing with the company all the required claim documents within 60 days of the date of the happening of the insured event.
  • A claim with respect to any particular critical illness, if paid, shall not be payable again.

Special Benefits: APEX MEDICAL OPINION (Second Medical Opinion)

Download its brochure here.

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