insurance questions

Individuals traveling overseas on business or leisure or under student status for studies abroad can avail overseas Mediclaim. This excludes […]

Many insurers offer overseas travel health insurance benefits that include outpatient treatment, pre-diagnosed and planned hospitalization, second opinions and cover

Upon the death of the insured, the claim amount under the health insurance policy is received by the nominee. If

Gramin accident insurance scheme and Janata personal accident policy cover accidental risks under health insurance in India. These come with

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