Points To Remember While Buying Health Insurance Policy

While planning to buy health insurance, various factors must be compared and contrasted to find a policy fulfilling all your needs. Though the features offered by the health insurance are quite identical, a precise comparison is important.

Crucial points To Consider While Buying Health Insurance Policy.

The important to consider while buying health insurance are:

Age criteria for family floater

When it comes to health insurance, age is an important consideration. Keep the age of the family members who need to be insured in consideration when acquiring medical coverage.

Coverage and premium combination

The combination of coverage and premium is crucial. Lower-premium insurance might be beneficial if it provides comprehensive coverage at a price you can afford.

Wait period clause

The waiting period for pre-existing illnesses or certain treatments can range from 24-48 months. A policy with the least wait period will offer benefits in case of an emergency.

Cashless, pre and post hospitalization benefits

Select the health insurance that offers cashless benefits at network hospitals during emergencies. Check the plan for before and after the hospitalization facilities offered.

Maternity benefits

Women must have a health insurance plan that includes maternity coverage. Ensure to check the waiting time for claiming maternity costs as well as the sub-limit.

No claim benefits(NCB)

NCB refers to the benefits offered by an insurer for no-claim years. It is usually linked to an increase in coverage or premium discounts, which offer cost benefits.

Claim process

The easier the claims procedure is, and the sooner the claims are settled, the better for the insured. Excellent client service is an extra benefit to seek here.

Co-payment clause

The ratio of the amount to be paid insured and insurer comes under the co-payment clause. The lower the percentage of payment of insured, the better the policy is.

Regular health check-up facility

Look for insurance that includes a free medical check-up for the insured individual with no bearing on the premium.

Lifetime Renewal

An insurance policy that allows lifetime renewal irrespective of age or illness acquired is the one you should buy.

Health insurance is the best and unbeatable support during medical emergencies. Ensure to check the complete terms and conditions and various benefits offered while buying a health insurance policy.

Quick Guide For Zero Depreciation In Car Insurance

Some parts of your car face wear-and-tear faster than the others and these parts are often referred to as depreciated parts. Once you file for an insurance claim, the insurance company deducts a value equal to the depreciated value of all such parts and does not settle your claim in full. The parts that are made up of rubber, plastic, fiber, etc. fall in this category. If you want to avoid this deduction from the final claim amount, you can avail of a zero depreciation car insurance cover. It is also known as nil depreciation cover as it nullifies the deduction from the claim amount due to the deprecated components of your vehicle. The benefits of a zero depreciation car insurance policy are stated below: Comes at a reasonable price If you have already purchased a comprehensive car insurance policy, you can avail of a zero depreciation car insurance cover at a nominal price. It is because it is an add-on insurance policy that only enhances your claim amount to reduce the part of the

Necessary Information On Hospital Cash Insurance Plan

Medical treatments these days are a matter of the huge amount of money. And if you need quality treatment facility from the super-specialty hospitals and clinics you need a medical insurance plan for you and your family. If you are planning for the medical insurance plan with hospital cash cover , then be sure to consult with the best insurance plan provider. Let us discuss in details. Financial companies such as reputed NBFC Bajaj Finserv and other insurance companies have their own health insurance policies that range from smaller amounts of bigger amounts. All these medical policies fall under the pocket insurance policy scheme. It gives clients the facility to get benefits with minimum investments. The procedure is quick and does not require lengthy documentation. You can get a higher amount of money with such hospital cash insurance to continue medical treatments even for critical patients. Just make sure you read the policy details clearly before you in

Stay Protected on the Road- Understanding the Importance of acko car insurance

Having a car insurance policy is essential for every car owner. It not only provides financial protection in case of any damage or loss but also ensures a safer driving experience. Acko is one of the leading car insurance providers in India, offering a wide range of insurance plans to suit the needs of all car owners. In this article, we will be discussing the importance of Acko car insurance in India and how it helps to stay protected on the road. We will also look at the various benefits and features of Acko car insurance policies that make them an ideal choice for car owners. Understanding the Importance of Acko new car insurance in India As the number of vehicles on Indian roads increases, so does the number of accidents and other related incidents. Traffic jams, road rage, and bad driving habits are some of the major causes of accidents. It is important for drivers to stay safe on the road, and to do so, they must have a car insurance policy. Acko new car insurance is one of

All Insurance News and Plans

Search This Blog