PNB Oriental Royal Mediclaim Insurance Policy

What is the Plan all About?

PNB Oriental Royal Mediclaim Policy is specifically designed for the Punjab National Bank account holders and employees with a family floater benefit. This PNB Oriental insurance plan is a comprehensive health insurance plan covering the hospitalization expenses and allied expenses to offer you a complete health insurance product. It also offers hospital cash benefit to cover non-medical expenses.

Key Features

Hospitalization cover
Lifetime Renewability
Customized plan for users
Cashless treatment at the network hospitals
Hospital cash benefit
Avail Tax Benefits

Policy Benefits

Hospitalization expenses such as room rent, nursing charges, ICU benefit, medical practitioner, etc. are covered under this plan for a minimum stay of 24 hours.
Pre hospitalization expenses are covered for 30 days before hospitalization and post hospitalization expenses are covered for 60 days after hospitalization.
Day care treatment or procedures are covered under all the plan variants in hospital/day care centre but not in the outpatient department of the hospital.
Domiciliary hospitalization or treatment at home is covered due to the unavailability of hospital rooms or considering the condition of the patient.
Daily Hospital cash benefit allowance is given under this plan to combat the non-medical expenses during hospitalization. It is covered under gold and diamond plan variant.
Hospital Cash benefit is payable during the hospitalization which is Rs 200 per day to the maximum of Rs 1,000 during a policy period.

Value Added Benefits

Reimbursement of Funeral Expenses of the insured in case of his/her death.
Cashless treatment under the list of network hospitals.
Ambulance service expenses are paid up to the specified limit.
Quick Claim settlement.
Tax benefit as per section 80 D of Income Tax Act.

Sub Limits

Room Rent not exceeding 1 % of the Sum Insured per day.
ICU expenses not exceeding 2 % of the Sum Insured per day.
Ambulance service charges Rs 1,000 OR 1% of the sum insured whichever is less per hospitalization.
Domiciliary hospitalization paid up to 10% of sum insured to the maximum of Rs 25,000.

Waiting Period Clause

Initial Waiting Period: Any diseases contracted during first 30 days of the policy start date, except those arising out of accidents.
Specific Waiting Period: The waiting period of specific treatments as mentioned in the policy contract range from 1 year to 2 years of consecutive coverage.
Pre existing Disease Waiting Period: Silver variant of this plan has a waiting period of 48 months years to cover pre existing diseases.

Who can Buy the Plan?

Factor	Minimum	Maximum
Age (as on last birthday)	Child: 3 Months, Adult: 18 Years	Child: 23 Years, Adult: 79 Years
Cover Type	Individual/Floater	-
Policy Tenure	1 Year	1 Year
Grace Period	30 Days	-
Free Look Period	15 Days	-
Riders	Nil	-