Author name: PolicyAdvisor

This depends on who is issuing the policy, your age, medical history, cover opted for and affordability. While Mediclaim policies […]

Maternity coverage offered as a rider with health insurance plan covers medical expenses incurred during pregnancy and caesarean / normal

Health insurance policies are available to individuals and groups. Individuals can opt for individual or family floater plans to cover

For pre-hospitalization, expenses up to 30 days before hospitalization are covered, based on the doctor’s diagnosis and recommendations including the

As with any industry, health insurance is competitive and almost all insurers offer a bouquet of benefits and incentives in

Pre-authorization is when the insured or network hospital approaches the insurer or its TPA for authorization of planned or emergency

Planned hospitalization is when you plan treatment in advance. In this case, inform the TPA at least three days before

Personal accident insurance is an annual policy where you can claim compensation for injury, disability or death by accident as

A pre-existing disease for the purposes of a health insurance policy is a condition, injury or ailment whose symptoms were

Critical illness cover is complementary to health insurance and protects you against expenses towards the treatment of critical illnesses specified

Medical expenses include reasonable and recommended expenses by the medical professional that the insured must undergo / has incurred for

In hospitalization benefit, medical expenses related to minimum 24 hours hospitalization, daycare procedures that do not need hospitalization due to

The grace period is the time available to policyholders for premium payment past the due date. For an annual premium,

When expatriates buy maternity insurance, it is called expat maternity insurance. Expatriates are those who reside in a country other

Domiciliary hospitalization relates to medical treatment at home instead of the hospital for more than three days for an injury

Attendant allowance is a benefit offered by some health insurance companies as an incentive. This is for the attendant who

‘Anyone illness’ is an ongoing illness, including its relapse within a specific period, usually 45 days, from the last consultation

Depending on the policy terms, if the claim is related to hospitalization, if it exceeds authorized limit, the network hospital

Most insurance providers have a grievance redressal system. If you are unhappy  with your claim you can file a written

If the accident results in death, the beneficiaries/nominees get 100% sum insured. Some insurance companies also offer an education bonus