Objective

This is policy aims to cover school and college students against accidental mishaps.

Suited for

This policy is suitable for school and college students.

What does it do?

It pays in the event of death and partial or total permanent disability caused due to an accident. The policy will pay the sum insured as chosen by the policyholder at the time of buying the policy. The policy also provides hospitalisation cover that includes outpatient treatment benefit. In case of death or permanent disablement of earning parent, the insurer extends an Education Grant to the child upto the limit stated in policy document.

Pros

It offers free hospitalisation cover worth Rs 5,000.

Cons

Hospitalisation benefit and education grant are very small amounts which may not be sufficient.

Our View

Some personal accident policies have a provision to cover children if both parents are covered under the same policy. If your child is already covered under such a plan, there is no need to go for this policy. Personal accident policies offer coverage wider than this policy. Thus it is wiser to select personal accident policy over this. Before buying such a policy make sure the benefits fit your needs.

Eligibility

Entry Age (years)

Minimum

3 under School Student Care and 15 under College Student Care Insurance

Maximum

18 under School Student Care and 25 under College Student Care Insurance

Maximum Policy Renewal Age (years)

25

Coverage Type

School and College Students on an individual basis

Policy Term (years)

1

Sum Insured (Rs)

Maximum

1 lakh for School Students and 2 lakhs for College Students

Minimum

50000 for School Sutdents and 75000 for College Students and in multiples of Rs 10000 thereafter

Tax Benefit

Not Available

Customer Service

Address

Star Health and Allied Insurance Company Limited
Corporate Office: No.1, New Tank Street,
Valluvar Kottam High Road, Nungambakkam,
Chennai - 600034.

Mail to

support@starhealth.in, info@starhealth.in

Call to

1800 425 2255/ / 044 2826 3300

SMS

STAR to 56677

Scope of Cover

Accidental Death

Covered; pays Sum Insured

Permanent Total Disablement

Covered

Permanent Partial Disablement

Covered

Hospitalisation Cover

Rs 5000 (inclusive of OPD cover of Rs 1000 for School students and Rs 2000 for college students)

Education Grant in case of death/ disability of earning parent

Rs 5000 for a school student and Rs 10000 for a college student

Exclusions and Waiting Period

Pre-existing condition

Not covered

Physically or mentally challenged people

Not covered

General Exclusions

Accident as a result of drunkenness or addictionSuicideAccident arising out of Nuclear, Biological and chemical terrorism