The health insurance policy gives you coverage against hefty medical expenses that may arise due to sickness and accidental injury. In most cases, health insurance to people in the age group of 5 to 80 years. In some cases, children under five years are covered if their parents are also covered. Health insurance is a […]
Maternity cover is an add-on feature in health insurance policy; not all insurers offer it
Published in Mint on Sep 22 2016, Written by Abhishek Bondia I want to buy a health insurance policy. I am 36 years old. I underwent a procedure to remove kidney stones a couple of years ago. There are high chances of my application being rejected. What is the way out for me? —Jagadish Insurers […]
5 Reasons why Health Insurance claim see significant deductions
The health insurance claim is simply a request for payment, that the insured or the insured’s health care provider submits to the insurer for items or services covered in the health insurance plan. The insurer reviews the Insurance claim for its validity and only once approved, then paid out to the insured or requesting party […]
Rating health insurance products
Published in Mint on, Jul 03, 2013, Written by Kapil Mehta As an insurance broker, I interact with health insurance buyers every day and come across their issues firsthand. The barrage of questions is overwhelming—Should I buy health insurance products or that? Is the private sector better or the public sector? Why was this claim […]
Most health policies cover cataract after a waiting period
Published in Mint on, May 07, 2013, Written by Kapil Mehta Could you tell me if there is a health insurance policy that covers delivery procedures at a private hospital? My wife is in her sixth month of pregnancy. —Ashish Insurers will cover risk or an event only if there is some uncertainty around the […]
It’s hard to get insured for an ailment after it’s diagnosed
Published in Mint on, Apr 23 2013, Written by Kapil Mehta I am a patient with paralysis. I want to buy health insurance. Is paralysis covered under pre-existing diseases? If not, what are my options? —SP It is hard to buy insurance for an ailment after it is diagnosed. Existing paralysis will be considered a […]
Frequently asked questions related to Health Insurance?
Published in Mint on 30th Sept 2014, Written by Abhishek Bondia I am 30 years old and have a year-old daughter. My wife is a homemaker. What will be the right amount of health cover for my family? —S. Karuna At this young age, you have several options. Here is an approach to choosing the […]
Larger family floater Policy better than individual top-up plans
Published in Mint on 7 April 2015, Written by Abhishek Bondia If I take a family floater policy of Rs.20 lakh. How will it be divided among family members? What combination will be suitable—a family floater or individual covers along with top-ups? What should be the term for it? —Ajit A family floater policy is […]
Why Should Newly Married Couples Switch to Family Health Cover?
Marriage is a qualifying event in one’s life. Those people who are about to marry might be involved in their wedding preparations and focus on improving their lives. Even though it might not sound very exciting, it is time to review your finances if you are about to marry. With marriage comes double responsibility on […]
Making A Claim Under Health Insurance, Keep These Things In Mind
Health Insurance is a lifesaver protection plan. It keeps you solvent in the time of medical issues. As medical cost is shooting up, it becomes crucial to consider the smooth claim settlement process as a key factor while buying your health insurance policy. Always, check the settlement ratio of insurers in order for making a […]