If you file a claim for a specific sickness, it is not automatically considered pre-existent. Depending on your insurer’s terms, […]
Under Mediclaim and health insurance policies, the minimum hospital stay is 24 hours. There are exceptions where a stay can
Premium depends on the age and gender of the individual. For each age group, there is a different premium rate
For Critical Illness policy, sum insured is the choice of the policyholder. The insurer offers different slabs and based on
This depends on the insurance company with whom the policy is taken, as well as the cover opted for. Certain
In a benefits policy, the policyholder receives a lump sum from the insurance company in the event of an accident
For those who are unemployed or do not have a regular income, personal accident insurance is available, but the sum
Permanent disablement is when someone sustains injuries that prevent them from being employed and causes disability for life. This must
Personal accident policies offer cover against death, disability (permanent, total and partial) according to the insured’s preferences, in addition to
The insurance proposal form asks for details of previous illnesses, treatment thereof and full medical history. Disclosing this accurately is
You can make any number of claims during a plan year up to the extent allowed under the policy.
Any health policy is renewable as long as the premium is paid during the grace period, usually 15 days from
Sometimes, post hospitalization, the policyholder may be unable to return to work right away, resulting in loss of income. Naturally
Every health insurance policy comes with a grace period that allows the policyholder extra time after the due date to
Premium charged under the health insurance policy remains the same for certain age groups such as 0-18, 19-30, 31-45, 46-55,
Health maintenance benefit relates to the reimbursement of outpatient expenses allowed by the health insurance plan. This can cover diagnostic
Capping is the health insurance cap or limit on the amount that can be made use of under various heads
Reinstatement is when an insurance policy is revived after it lapses. It attracts charges and the premium is calculated on
A waiting period is applicable when you take a new health insurance policy. But when you opt for health insurance
Continuity benefits are benefits that accumulate in your policy when your health coverage has been consistent for a certain number
