buy health insurance policy and relax

buy health insurance policy and relax The health insurance requirements vary from individual to individual. This is why the major health insurance companies offer many types of plans to choose from. You can buy health insurance plan, depending on the type of the family and need. Some health insurance policies offer basic coverage while some providers may offer extra coverage as maternity cover. Before buying health insurance just take a look at the plan offerings and make an informed decision. An unexpected hospitalization can burn a hole in your pocket, but if you have a health insurance policy in place would minimize expenses. Buy health insurance policy that ensures comprehensive coverage and includes all facets of hospitalization for you to pay attention to the health of your family. What are the characteristics of a health insurance policy: cashless hospitalization Installation reimbursement if the treatment is taken outside panel network hospitals Coverage of pre and post hospitalization expenses Room for rent inclusion Catastrophic Coverage Lifetime renewal Coverage for pre-existing conditions after the waiting period has ended The good hospitals in the network Claims settlement procedure Easy Who can buy health insurance? You can buy health insurance for self, spouse, dependent children and dependent parents. What are the main types of health insurance policies? There are two types of health insurance policies. Individual coverage policy: This policy can purchase individual policies with the amount of individual coverage for each family member. You have the right to choose the insured for different family members, depending on their health sum. Float Family Plan: In this policy, all family members are covered under one umbrella. Has a collective sum insured amount as may be used by any ill family member. The amount that is left over after expenses set can be used by another family member if the need arises. What is the minimum and maximum amount of the sum insured in health insurance? Generally, the minimum amount offered on compensation schemes is Rs 2lacs and the maximum amount offered is Rs 5 Lacs. If I'm traveling abroad, cover my insurance policy physician there? A policy of standard health insurance will not provide health coverage outside India. However, some insurance providers offer Overseas Mediclaim policies. If you are a frequent traveler abroad and then buy the health insurance plan that provides health insurance abroad. Therefore, while going for health insurance, one must have a thorough comparative study of the terms, conditions, claims settlement process, in particular the individual requirements and family. Depth study of the respective companys terms and conditions will give an overview of some companies that offers best facilities in individual and group policies, others may be giving you better compensation and others may you be giving the claims without cash and other and other attractive offers. Whereas it is their prerogative to choose any health insurance policy, however, is one of the most chosen to go for a Mediclaim policy options.