I’ve been seeing ads for Acko Health Insurance that promise ‘unlimited’ cover and ‘zero waiting period’ for things like diabetes. It sounds too good to be true. I’m considering buying it but want to understand the fine print first. How do these features actually work?
Acko’s ‘unlimited cover’ and ‘zero waiting period’ features are innovative but have important conditions. The unlimited benefit restores your base sum insured for unrelated claims, while the zero waiting period applies only to specific, declared diseases under their premium plans, not to all conditions.
credits : Zero Waiting Period Health Insurance: Benifits & Coverage
Acko’s ‘Unlimited Cover’: Understanding the Conditions
I checked the fine print on Acko’s unlimited cover. With a ₹10 lakh policy, if you claim ₹8 lakh for an accident, your cover is restored back to the full ₹10 lakh. However, the crucial condition is that this restored amount is only for a new and unrelated illness, not for follow-up care for the same accident. Also, any single claim is still capped at your base sum insured.
Acko’s ‘Zero Waiting Period’ for Specific Diseases
My father has hypertension, so we looked into Acko’s zero waiting period benefit on their Platinum plan. After we declared his condition, the usual 2-4 year wait for it was waived from day one. However, a person on a forum made a key point: this benefit is condition-specific. He had the benefit for his declared diabetes but was rightly denied a claim for cataract surgery, which still had its own separate 2-year waiting period.
Reading the Fine Print on Acko Health Insurance
Acko Health’s features are genuinely useful, but you must read the fine print. The unlimited cover restores your sum insured for unrelated claims, with each claim capped at the base amount. The zero waiting period is a powerful benefit for specific, declared chronic conditions under their premium plans, but it doesn’t remove other standard waiting periods from the policy. Always declare your health conditions accurately to ensure these benefits work as expected
1 Like