Category: Health Insurance

  Average people take their health cover range between Rs1-3 lakh. But, with rising frequency of medical costs faster than inflation, this basic cover may not be sufficient, if something gets some serious illness, even a massive heart attack could eat your wealth range between Rs5-7 lakh and a serious accident can burn a huge […]

There are the so-called ‘traditional’ health insurance plans, commonly known as ‘medi-claim’ policies across not only general insurance companies, life insurers are also offering health insurance covers. People with permanent jobs are covered by their employers. The self-employed usually opt for an annual health insurance plan.  But, they mainly cover hospitalization expenses provided it is […]

The most critical moment in the entire tenure of health insurance policy is when a claim is filed. One of the most common queries we get from people is for buying a policy and whether the insurance company will honour the claim.While the fact remains that if an insurance company wants a lower claims ratio, […]

Health insurance portability is much like mobile number portability allows you to change insurers and get credit for time spent with existing insurers  towards pre-existing  disease (PED) and other waiting periods. But, who think that health insurance portability is like mobile number portability, they are in mistaken and living in illusory insurance world.   Let […]

Buying insurance for critical illness is equally important as health insurance. Though health insurance covers everything related to health but usually the cover is adequate only for covering hospital expenses, In case of any critical illness, the treatment usually go long and people needs to spend much higher than estimates, thanks to escalating cost of […]

There may be various reasons why an insurance company may reject your claim. Sometimes this rejection is valid since such a claim is specifically excluded in the policy document.  While these exclusions vary from company to company, based on our experience of dealing with consumer complaints, we have prepared an extensive checklist of some basic […]

Since you are a salaried person, then in all probabilities you must be having your employer’s health insurance plan which must be covering you, your spouse, children and parents or some of them. Is Rs. 5 lakhs cover enough or it should be Rs. 10 lakhs?, will it help you in retirement,  do you know […]

Ask yourself, does Health insurance really protect your health? Absolutely Not! There is no policy which can protect your health.  Health can only be protected by proper diet, right lifestyle and exercise regimen. Now question comes to us, so what is Health/Medi-claim Insurance, when it does not protect your health? Although it may sound strange […]