{"id":12752,"date":"2016-02-29T08:47:17","date_gmt":"2016-02-29T08:47:17","guid":{"rendered":"https:\/\/securenow.in\/blog\/?p=1807"},"modified":"2021-01-21T13:09:16","modified_gmt":"2021-01-21T13:09:16","slug":"changing-insurers-may-mean-fresh-medical-underwriting","status":"publish","type":"post","link":"https:\/\/securenow.in\/insuropedia\/changing-insurers-may-mean-fresh-medical-underwriting\/","title":{"rendered":"Changing insurers may mean fresh medical underwriting"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p><em>Published in Mint on 29 September, 2015, Written by Abhishek Bondia<br \/>\n<\/em><br \/>\n<strong>I have a Rs.7-lakh health insurance cover from a private sector insurer and want to increase my cover to at least Rs.10 lakh. Is it better to stay with the same company or should I look for a new insurer?<br \/>\n\u2014Leela Varghese<\/strong><br \/>\nYou are better off enhancing the coverage with the existing insurer rather than taking a new policy with another insurer. It would be more expensive to buy a regular health insurance policy from another insurer, compared with enhancing your coverage with the current insurer. You could buy a top-up health plan with another insurer. However, most policies will offer a higher coverage of more than Rs.3 lakh.<br \/>\nIn terms of claim settlement, it is better to stay with one insurer, assuming that the terms and conditions are similar. Depending on your age, a new association with another insurer will mean you may have to go through a fresh round of medical underwriting. Several insurers allow upgrades to their existing clients without any medical declaration or underwriting. Thus, the latter becomes an easier process to enhance coverage.<br \/>\n<strong><br \/>\nAs epidemics such as dengue and swine flu have almost become a regular feature, is there a health policy I can take for myself and my family to protect against these diseases?<br \/>\n\u2014Roshni Verma<\/strong><br \/>\nIt is highly recommended that you take a regular health insurance plan. All health insurance plans cover hospitalisation due to infections.<br \/>\nMost plans also have a pre- and post-hospitalisation cover, wherein out-patient expenses incurred 30 days before hospitalisation and 60 days post hospitalisation are covered. The pre- and post-periods may vary across insurers. This ensures that any diagnostic tests and doctor consultations done in the run-up to hospitalisation get paid by the policy.<br \/>\nDo note that if there is no hospitalisation, nothing becomes payable in the policy.<br \/>\nThere are a few plans that cover stand-alone out-patient expenses as well. These plans tend to be more expensive and the limit on out-patient expenses is fairly low. The higher cost generally does not justify the extra coverage for out-patient benefits. So, I usually do not recommend them.<br \/>\n<strong>I had a car in the name of my company that was carrying a no-claim bonus (NCB) of 30%. I have left the company and retained the car. Can I carry on with the NCB?<br \/>\n\u2014Mihir Dutta<br \/>\n<\/strong><br \/>\nYes, you can carry on with the NCB from the company to yourself. The NCB for a particular car is linked to the owner or the driver.<br \/>\nTherefore, if your company gives a declaration that the car was dedicated to you, the insurer will allow the transfer of the no-claim bonus. Some insurance companies may require a more detailed explanation and may ask for added documentation to support the transfer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Published in Mint on 29 September, 2015, Written by Abhishek Bondia I have a Rs.7-lakh health insurance cover from a private sector insurer and want to increase my cover to at least Rs.10 lakh. Is it better to stay with the same company or should I look for a new insurer? \u2014Leela Varghese You are [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2184,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_lmt_disableupdate":"","_lmt_disable":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[319],"tags":[],"class_list":["post-12752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media"],"acf":[],"modified_by":"blog","_links":{"self":[{"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/posts\/12752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/comments?post=12752"}],"version-history":[{"count":1,"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/posts\/12752\/revisions"}],"predecessor-version":[{"id":14206,"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/posts\/12752\/revisions\/14206"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/media?parent=12752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/categories?post=12752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/tags?post=12752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}