When you start earning, you enter a new phase in your life. However, daily workload and related things may soon take a toll on your health. Not only this, you never know when medical emergencies might arise and derail all the plans that you have made for your life. To deal with such cases, it becomes necessary to have a health cover that can assist you during tricky times. You should buy it for your own safety. An individual health plan provides the relevant coverage on time through which you can get the quality medical treatment easily. It will help you when you need it the most. There are different plans which vary from person to person as your requirements would be different from others.
Individual mediclaim policy is a cover against health risks and growing costs of medical treatment.
Basic Attributes:Any person in the age group between 18 to 80 years can buy this plan. There are floater plans also that provides health cover to the entire family under a single plan.
Covers Maximum Expenses: This plan offers the utmost coverage, which includes hospitalization expenses, the fees of surgeon and specialists, ambulance charges, room and boarding expenses and ambulance charges among others.
Benefit of Domiciliary Hospitalization: It also provides coverage on domiciliary expenses. It assists patients when he/she takes treatment at home due to any genuine reason.
In Patient Facility: This is a plan for those who gets admitted in hospital and stays there for minimum 24 hours for treatment during the policy period. The insurer offer coverage on it as well.
Pre and Post Hospitalization: Under this insurance scheme, expenses on pre and post hospitalization up to a limit will be covered.
Undoubtedly, a must have plan if you are single and unable to save money for any emergency. This plan provides the required health cover whenever you need it. You don’t need to pull out your savings as it also offers the cashless facility. It ensures that you should get a quality treatment and can live a stable life.
Free look: This policy offers free look period of 15 days from the day of receipt as per the guidelines.
Discounts: Consumer will get many discounts on purchasing this policy, including early entry discounts, no claim bonuses, family discounts and much more.
Cashless Facility: You don’t need to take out money from your pocket as this plan offers cashless facility if the insured takes the treatment under network hospital.
Coverage of Pre Existing Diseases: Maximum pre-existing disease will be covered after a certain period.Exceptions:
Cosmetic surgeries: This plan will not be there for you in case of cosmetic or plastic surgeries. Even dental surgeries are out of coverage.
Pregnancy: This scheme does not offer coverage on pregnancy and related expenses that include childbirth, miscarriage, abortion and also those which are the result of pregnancy would not be insured.
Obesity: Treatment of obesity or any other weight control program, services are out of coverage.
Last updated on 04-06-2020