Draft Insurance Policy

One comrade has asked :
Pls upload Draft Insurance Policy given by IBA to UFBU for comments.
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I have posted details of Medical Insurance Policy to be introduced sometime back in April 2014.
However for those who missed to read I give below some of the features of the draft policy.

Pl. note that it is not a final one. There may be minor changes here and there.
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* Highlights of Medical Insurance policy!!*
* Cash-less treatment in listed Hospitals and reimburesement of medical bills if admitted in other Hospitals .
* 100% reimbursement for both Employees and dependents. 

* Coverage upto Rs. 4.00 lacs for Officers & Rs.3.00 lacs for Clerks and Substaff
* Critical illness covered with 1.00 Lac over and above the limit.
* All existing /future ailments covered without wait period.
* All New recruits and new born baby will be covered from day one.
* All types of medical systems like Sidha, ayurvedic etc., covered.
* Domiciliary treatment also reimbursible.
* Employee+Spouse+ Dependent Children+two Dependent Parents or in-laws covered.
* Normal (Rs.35000)& Cesarean (Rs.50000) delivery covered.
* Room rent max Rs.5000. No limit for Doctor's fees and charges for various tests.
* Continuity of coverage for empoyees on retirement.
* Bill to be submitted to respective Bank's Zonal/Circle/Area offices only.
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