Health Insurance
Changing lifestyle is responsible for an increase in the count of critical illness cases. Discovering a critical illness at any point in one’s life can be extremely devastating. Apart from creating havoc with your health and earning capability, a critical illness could be life threatening too as it drains out all your savings. A critical illness expense is huge and a good Critical illness Plan helps you cope up with this sudden burden. It provides you an immediate lump sum amount in the event of crisis so that all your running expenses and medical expenses are met instantly.
Read MoreHospital Cash benefit are designed to cover the insured against the number of days the insured is hospitalized due to an illness/ diseases/ injury. It pays a lump sum payout to the policyholder for each and every day they need treatment as an in-patient, in either a government or private hospital or nursing home. A daily cash benefit is paid to the insured,
Health Insurance is a necessary policy for every age group, especially for those who are 60yrs & above. As the age increases the probability
Crisis and disaster can affect our lives at anytime and anywhere. An accident is one such nightmare that can break you emotionally, physically and financially too. An accidental injury needs immediate medical attention and hospitalization. Even if the accident is not fatal and causes severe injuries or physical disability, it may result in a loss of income and unexpected financial loss. A Personal Accident Insurance Policy is the only way to deal with this unforeseen crisis.
Read MoreLife is a packaged deal of good and bad surprises, worries and challenges. Sudden illness, accidents and injuries can be a huge setback if you are not fully- equipped to deal with them. The rising hospitalization expense can drain you out financially and
Co-Payment simply means the policyholder agrees to pay a proportion of the total insurance claim that s/he makes. Co-pay can vary between 10% and 25%, depending on the plan and the insured's age. Naturally, the rest of the claim is paid by the insurer.
Read MoreUnder health insurance, there are generally two categories of deductibles: High deductibles and low deductibles. The deductible is the amount that the policyholder pays out of his/her own pocket before making a claim in the event of hospitalization. Let’s take a scenario to understand it better. The policyholder has chosen ₹1,000 as his/her deductible. Now in the event when the policyholder is hospitalized and the claim amount has come up to ₹10,000, s/he will first pay ₹1,000 and then make a claim.
Read MoreMaking a claim at times can be very troublesome and tiring. Follow the below mentioned steps to submit a claim for your medical insurance policy.
Read MoreBefore filing a claim, get the doctor to first provide you the itemized bill, which mentions all of the services you have received as well as their cost. Get the health insurance claim form from the insurance company and fill it with complete honesty. The insurance company will have listed down the instructions to be followed while filling up the form, including where you need to send it.
Read MorePersonal accidental insurance pays out a lump sum benefit should you suffer disability or pass away in an accident. In the event of an accident, follow the below steps to make a claim under personal accident policy:
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