Health Insurance
In today's challenging world, we tend to focus in excel everything, but we forget to take care of our health. However, with rising medical expenses, treatment for illnesses can easily eat into your savings. Arranging funds during a medical emergency can also be a daunting task. A health insurance policy can protect you from the financial strain caused due to a medical emergency.
What we offer in Health Insurance
How does Health Insurance works?
Indemnity plans include:
-
Individual
-
Family floater
-
Senior Citizen
-
Mediclaim
-
Unit linked health plans
Definite benefit plans include the following:
-
Critical Illness Plan
-
Personal Accident plan
-
Hospitalization cash benefit plan
Company / Group Insurance includes:
-
Group Mediclaim is offered by employer's company for their employees and sometimes their family like spouse, children, parents
-
We can offer best affordable plan for your company/employees
-
We do have plans for group personal accident coverage as well
Benefits of Health Insurance
-
Financial Security
-
Best treatment
-
Health check-up facilities
-
Tax benefits under section 80D
1. Choose right insurance according to your need
When you plan to buy a health insurance policy, make sure that assess your needs. If you have dependent family members including your spouse and children, you may opt for family floater insurance or if you have dependent parents aged above 60 years, then a Senior Citizen plan would an ideal choice.
2. Sum assured
When an insurance company extends insurance coverage in the form of a sum assured, which a policyholder gets in exchange for the premium you pay. Choose the best health insurance cover, which offers sufficient coverage at affordable premium rates.
3. Claim process
You can claim for health cover in two ways – cashless and reimbursement. The cashless process requires you to seek medicare only at network hospitals of the insurance company. Whether the hospitalization is planned or unplanned, the insurer directly settles expenses with the network hospital. However, in some cases where the cashless facility is not available, you can still claim for health coverage through the reimbursement process. Under this, you have to pay all the hospital bills, and later you need to submit the bills to the insurance to get the reimbursement transferred in your account directly.
4. Renewal & Policy lapse
The term period of health insurance depends on what type of plan you select. Usually, policies are active for a year. If you forget to renew, the policy will lapse.
6. No Claim Bonus
In case you do not claim in a particular year, you are entitled to receive no claim bonus. This can be either in the form of a premium discount or addition to the sum assured amount.
