Yes. You do need a personal health insurance plan as your employee health insurance covers medical expenses only till the time your employment is valid in the organization the moment you leave the job your policy term ends. Looking at the medical inflation it is important to have a personal health insurance plan, which you choose as per your medical needs unlike a corporate health plan which is commonly designed for all employees.

Portability helps you change your health insurance plan so that you don't have to again go through a fresh waiting period term instead smoothly move from one insurer to another if your current plan is not helping you cover rising medical costs.

A pre-existing disease is a condition, ailment or injury that already exists at the time you buy a health insurance policy and these PEDs are generally excluded from the policy coverage for an initial waiting period. It could be diabetes, hypertension, thyroid, asthma etc.

Cashless hospitalization is a process wherein the insured person doesn't have to pay a medical expenses out of his pocket in case of a hospitalization or surgery and the entire . However, you may have to pay certain deductibles or non medical expenses at the time of discharge.

Whenever you plan to have a surgery there are certain pre hospitalization expenses such as diagnosis cost, consultations etc similarly post discharge there could be similar expenses to monitor the health of the insured patient, such expenses are termed as pre and post hospitalization expenses.

Yes, you may have to undergo medical tests before buying health insurance. Also, some health insurance policies ask for it only if you have a pre existing illness or you are above 40 years old

You can add your family members at the time of buying the policy or at the time of renewal.

You can include your child post 90 days of birth up to the age of 21 or 25 years. It varies from company to company, so please go through plan eligibility from the product brochure.

A minor below the age of 18 years can not buy a health insurance policy. Hence they can buy an individual health insurance plan for themselves once they are 18 years old. However, they can get themselves covered under a family floater health insurance plan before the age of 18 years.

You get to pay a lower premium and higher benefits. Probability of having a pre-existing illness is low hence waiting periods may also not impact you. Also, common illnesses such as flu and accidental injury can happen at any age so staying covered even when you are young is important.

Yes. You can always have more than one health insurance plan based on necessity and coverage requirements as every plan works differently and offer varied benefits

Waiting period is the time span during which you cannot register a claim to avail some or all benefits of the health insurance from your insurance provider for a specified illness. This means you must wait for a specified amount of time before you make a claim.

This is the period where you have the option of cancelling your policy without any penalty if you feel the policy is not meeting your requirements. Depending on the insurance company and the plan offered, the free look period can be 10-15 days or even longer.

Network hospitals often referred as cashless hospitals are tied up with your insurance company due to which you can avail cashless hospitalization benefit, however, whenever you get admitted at a non-network hospital you have to pay the bills first and later claim for reimbursement. Always choose a health insurance company which has a large network hospital tie-up.

When the insured person is in such a state that he/she cannot be moved to a hospital or the treatment is taken at home due to non-availability of room in the hospital is termed as domiciliary hospitalization

Expenses like pre- and post-hospitalization expenses for your diagnostic tests, consultations, and medicine costs are covered. Insurers would also cover ICU, bed charges, medicine cost, nursing charges and operation theatre expenses.

There is no right or wrong age to buy a health insurance policy. However, it is recommended to buy a health plan early to get lower premiums. You can buy a health insurance plan for yourself once you are 18 years old. Before that you can get yourself covered under a family health insurance plan.

No. Health insurance cannot be bought individually by a minor, however the parents can cover the child under their family floater health insurance.

Whenever you get admitted at a non-network hospital you must pay the bills from your pocket first and later claim for reimbursement from your insurance company. However, your health insurance company will provide reimbursement only up to the amount of Sum Insured. Always choose a health insurance company which has a large network hospital tie-up.

Yes. Health insurance plans are designed keeping in mind the modern medical requirements. Hence, we cover diagnostic expenses incurred on X-ray, MRI, ultrasound, blood investigations etc. All health insurance plans cover diagnostic charges during hospitalization, pre-hospitalization and post discharge as well.

Buying a health insurance plan online is no different than receiving a policy copy physically, in fact buying online is quick and hassle-free. You do get your cashless card via courier/postal services. To know about cashless hospitals you can visit the company website or dial customer care number.

We cover medically necessary expenses such as blood investigations, diagnostic charges such as CT scan, MRI, sonography etc. You also get covered for hospital room rent, bed charges, nursing charges, medicines and doctor visits

Yes, Most of the health insurance policies offered by companies do cover modern treatments and robotic surgeries.

Yes. You need to raise an endorsement request and ask for a change in nominee details.

You do not have to worry if your policy has got lapsed during hospitalization as you get a grace period of 30 days post expiry, however if you do not renew your policy within the grace period and hospitalization happens post grace period then you policy lapses and you will have to pay for the medical expenses.

Waiting periods are applied right at the inception of the policy. It doesn't really change with renewal. However, with every renewal you tend to waive off the waiting period until you reach a time when you have no waiting period and your policy covers you for most of the treatments.

Yes. You can, only if your child is an Indian citizen. Or else you must get student travel insurance for your kid.

Consumers of tobacco are exposed to higher risks! If you consume tobacco in any form, there are high chances that you may develop some ailment at a later stage for which you might have to claim the treatment cost. Hence, insurance companies look at such individuals as high-risk category and charge high premiums.

Cumulative Bonus as the name goes is the bonus/ reward that one gets for remaining fit and not filing a claim. The benefit of cumulative bonus is granted in the year of renewal by making an increase in the sum insured amount, only up to a certain year for every claim-free year. This helps you avail higher Sum Insured without paying anything extra.

With many companies you get a family discount if you cover 2 or more family members under a single health plan on an individual sum insured basis. You can also avail long term policy discounts on buying health insurance for more than 2-3 years. Some insurers also offer fitness discounts on renewals.

Ideally No. Health insurance plans in India are offered to Indian citizens only.

If you cancel your health insurance plan within the free look period you will get your premiums refunded, after adjusting underwriting cost and pre-acceptance medical costs, etc.

Yes. Network hospitals have a pre-agreed tie-up with your insurance company hence every network hospital offers a cashless treatment facility.

There's no limit on the number of claims. If your sum insured gets exhausted then you may not be able to raise claims. We recommend buying plans that help you by offering coverage post sum insured gets exhausted by restoring the lost sum insured. This helps you register more claims in a year.

Yes. There is a possibility that your pre-authorization request for cashless claim may get rejected if you have filed a claim for an ailment/disease which is either permanently excluded, falls in waiting period or if your sum insured has exhausted.

For reimbursement claims you need to intimate the insurance company within a period of 30 days post discharge.

The claim settlement ratio (CSR) is the percentage of the number of claims that the insurance company paid out during a financial year out of the total claims incurred. It reflects if the insurer is financially capable to pay for its claims.

The claim settlement ratio (CSR) is the percentage of the number of claims that the insurance company paid out during a financial year out of the total claims incurred. It reflects if the insurer is financially capable to pay for its claims.

Your policy continues as is only the amount you claimed for gets deducted from your sum insured. However, post renewal your sum insured again gets back to what you had opted for at the time of renewal

Not really, however, having a high cover health insurance like ₹1 crore health plan helps you tackle all the possible medical expenses. You don't have to worry about rising medical expenses at all.

You can raise either a cashless claim request by contacting the insurance department at the network hospital or inform your insurer post discharge about the hospitalization and send invoices to avail reimbursement benefits.

You need to intimate your insurer/raise a claim request as soon as possible, maximum time is 30 days post discharge.

Mediclaim process is the modern day reimbursement process, wherein you raise a claim post discharge by submitting original invoices and treatment documents

Yes. There are waiting periods depending upon the policy. Usually there is a waiting period for specific ailments/diseases which could be for 2-4 years.

With the development in technology, treatments and the availability of more effective medicines the cost of healthcare has steeply increased. All this increase ends up being a burden for the consumers, making healthcare unaffordable for many. This is where health insurance policies come into play, as they take care of the hospitalization and treatment charges, leaving the consumer free of financial woes. Get yourself a health insurance plan now.

Yes. You can port your health insurance policy with any other insurer without impacting your waiting periods.

Waiting period is fixed at the inception of the policy; it is not dependent on the sum insured. Hence, even if you increase your sum insured your waiting period continues until you keep renewing to get away with the waiting period term.

Yes. If you have not made any claims for the entire policy term, then you get a cumulative bonus, which gets added to your base cover, thus increasing your total coverage at no extra cost. You may also get a fitness discount on your renewal premiums provided your health parameters such as BMI, diabetes, Blood pressure, etc., are improved.

Possibly yes. If you do not renew your policy within the grace period, then your policy lapses, and all the benefits are ceased immediately. In that case you need to buy a new health plan and you lose all the benefits that you may have accumulated in the last.

Yes. You can add or remove optional/add on cover at the time of renewal only. This is not permitted during the policy tenure.

You usually get a grace period of 30 days to renew so you can renew within the grace period, however if your grace period is also over then your policy lapses and you need to contact your insurer for renewing the expired health insurance plan.

It takes less than 5 minutes to renew a health insurance policy online. Keep your policy number and other few details ready and get your policy renewed here.

You get a grace period of 15-30 days to renew so you can renew within the extended period. However, if your grace period is also over then your policy will lapse ceasing all the benefits. You now must buy a fresh policy with a fresh waiting period and other benefits.

Yes. Health insurance plans will cover hospitalization expenses related to Covid-19 treatment. You can also buy covid specific health plans like Corona Kavach or Corona Rakshak to get adequate benefit.

Such insurance policy provides coverage for injury, disability or death due to an accident. Such policies will give lump sum compensation depending on the severity of health damage.

While mediclaim takes care of ordinary hospitalization expenses, a critical illness policy gives coverage for treatment of critical illnesses like cancer, stroke, coronary heart disease, major organ failure, paralysis, etc. In such policies the insurers agree to pay a lump sum amount on diagnosis of such dreadful disease, which otherwise are excluded in a normal policy. General and health insurance companies provide critical illness cover for 1-5 years, which implies that you can avail ample coverage for longer term.