According to the WHO 70% of Indians spend their income on medicines and health care services compared to 30-40% in other Asian countries such as Sri Lanka. Considering this, both the cost of medical and hospital services will only make you poor. Mediclaim just not enough. Yes, we have a comprehensive health insurance to cover the health care costs increase but how many of us know the riders to maximize the benefits of a health insurance policy.
As most of our customers do not realize the advantage of having an extra riders useful when claiming the policy. Some of the key aspects to look into when buying a health policy -
- The right age to buy a policy
- Proper medical tests you need to go through before buying a policy
- How to maximize the benefits of your policy
- The riders are appropriate or add-ons that go hand in hand with a policy purchased
- Disease blanket policy
- Family history of critical illness, when customers are advised to go for critical illness cover smart health
The right time and accurate information is a key consideration when choosing the right insurance policy. The minimum age for customers to buy a policy is usually between 5 years to 65 years with certain brackets on the renewal period. For example:
- 65 yrs (extension up to 75 yrs)
- 60 yrs (extension up to 70 yrs)
- 55 yrs (extension up to 65 yrs)
General awareness about health insurance products is low in our country. Agents and consumers should take an active interest in the well-versing themselves with value-added rider that can be purchased along with their regular policies. This will increase the advantages of having an insurance policy and, in addition, cover some of the expenses incurred during hospitalization. Many insurance companies offer a number of value-added products were very nice. A few of the important are listed below:
- Hospital cash benefits
- Nursing home
- Accommodations parents as a companion for children
- The cost of ambulance
- Outpatient physiotherapy costs
- Expenses person accompanying this
- Fund children's education
Bharti AXA General Insurance offers comprehensive health insurance policy that covers 20 critical illnesses, which is cover the widest in the country. It offers two choices of coverage
- Rreimbursement on the cost of hospitalization, which includes many incidental expenses as well
- Lump sum compensation - to be used as needed
Please visit for more details
Insurance is the subject of an invitation
Insurance is the subject of an invitation
0 Response to "Importance of Health Insurance"
Post a Comment