Group Health Insurance Plans

Exclusively for IITK Alumni

Need for sustained and predictable generosity
Hospitalization events and billings have been rising rapidly. Covid-
19 was an inflection point.

Most alumni are not adequately covered by their corporate

mediclaim

Alumni come together to donate in times of need

An insurance program covering the alumni can create “sustained

and predictable generosity”

The power of the IITK Alumni network and group is being

leveraged to provide affordable and adequate health cover
Comprehensive group health scheme for IITK alumni
Comprehensive group health
insurance program negotiated
ü Rs 5 lacs Base policy for upto Alumni + 3
ü Rs 5 lacs Base policy for parent(s) OR in-
law(s)
ü Rs 15 lacs Top-up policy for Alumni + 3
ü Rs 10 lacs Top-up policy for parent(s) OR in-
law(s)
Benefits versus individual products in
the market
ü Waiting periods waived off
ü Simple product; no pre-issuance medicals
ü High entry age (80 yrs)
ü Lifelong renewability (as an alumni is a
lifelong alumni)
ü Claim support / ease
ü High caps on room and ICU rents
Price – Base for upto Alumni +3

Premium for base cover

Sum
Members 18-25 26-30 31-35 36-40 41-45 46-50 51-55 56-60 61-65 Above 65
Insured

5000 + 5 Lakh 8400 8600 8800 9,000

9200 9300 9400 9,500 10,500 11,500

3000-4999 5 Lakh 9900 10,100 10,300 10,500

10,800 11,100 11,400 11,700 12,100 12,500

<3000 5 Lakh 10,300 10,500 10,700 10,900

11,300 11,700 12100 12,500 13,200 13,900
A minimum of 1000 members are required for the base policy

Rates will be adjusted as per below

1A 45% of above rates

2A 80% of above rates

1A1C 55% of above rates

1A2C 65% of above rates

2A1C 90% of above rates

2A2C as per table above.

Price – Top-up for Alumni +3
Top-up Insurance: Sum Insured Rs 15 lacs

Members/Age Deductible <41 41-60 61-80

5000 + 5 Lakh 2,300 6,000 7,500

3000-4999 5 Lakh 3,300 7,000 8,600

<3000 5 Lakh 4,300 8,000 10,000

Price – Base and Top-up for parent(s) or in-law(s)

Base Plan with Sum Insured 5 Lakhs Top-up with Sum-insured of Rs 10 lakhs

1-parent 2-parents Deductible – 5 lacs

Price for upto 2 Parents / Parents in Law 9,880

8,500 15,000

In addition to the premiums above, there would be an Alyve Health platform fee of Rs 100 / alumni for each
policy opted for, as well as payment gateway and transfer charges of 2.6% for Indian payment instruments and
3.6% for international payment instruments.
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the Alyve Health technology platform

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Purchase your plan(s) now on bit.ly/ALYVEIITKALUM !
About Us
Alyve Health is a digital Health “E”nsurance platform for groups. We are bringing
the power and benefits of group insurance to all groups (beyond corporates). We
are founded by ex Partners of Boston Consulting Group and Accenture Consulting.

“Affinity” groups Ask Alyve Single Gateway Gamified Engagement

Insurance plans for desk for Integrated and

claims and beyond ecosystem with rewards
experience