I want to buy medical insurance for me and my family. Confused almost which company to prefer and the amont of insurance needed.
Answers: ICICI. Under Health Product Suite, ICICI Prudential offers plans underneath the following major inevitability categories:
Hospitalisation Plans
* Hospital Care
Critical Illness Plans
* Crisis Cover
* HealthAssure Plus
What are the criteria for decide on the best health cover?
Choosing a condition cover for yourself must be done after careful analysis of your requests. In case you necessitate a wide cover as also Income toll benefits the mediclaim policy with a home package cover could be a suitable selection for you. You may also decide on the primary ailments policy with annual, five and ten year cover option offering you a reasonable amount of premium money.
Those going for a wide coverage as also long residence cover about five or ten years can opt for the possession hospitalisation policy. This gives benefits that are not available below the normal mediclaim policy. Another convenience this policy offer is the non-requirement of every year renewal of the policy. If you plan to go for a smaller amount costlier health cover beside tax benefit and fixed coverage you could choose the Jan Arogya cover. For those closer to retirement age the long-term retirement benefit plan would be the ideal cover.
Top
How do you want whether a disease was a pre-existing one or not?
While wadding up the proposal form for insurance you need to provide details of the illnesses you own suffered during your lifetime. Such disclosures are important else at a subsequent stage if discovered you could end up losing out horrendously. At the time of insurance, you should be aware whether you have any disease and whether you are undergo any treatment. The insurers refer such health issues to their medical panel to differentiate between pre-existing and not long contracted illnesses.
Top
Personal Accident FAQs
What insurance policies are available in India for casual cover ?
In India, Personal accident (individual/group), Janata personal calamity and Gramin personal accident policies are available for unpremeditated risks. Certain other policies like Motor vehicle policy, Videsh Yatra policy admit an add-on cover against personal accident.
Top
Are there any other personal chance policies ?
There are other accident policies for specified groups resembling students - Shishu Suraksha Policy, Bhagyashree for girl-children, Raj Rajeshwari for women and NRI Personal Accident policy for NRIs, etc.
Top
What is the difference between Personal Accident, Janta Personal Accident and Group Personal Accident policies ?
Janta Personal Accident and Group Personal Accident policies are fixed sum insured policies whereas Personal Accident insurance is a variable Sum Insured policy which is base on income and other parameters resembling occupation of the person to be insured.
Under Janta Personal Accident and Gramin Personal Accident insurance, the benefits available are fixed whereas beneath Personal Accident, the same can be select from different tables of covers.
Top
Are Personal Accident (PA), Janta PA and Group PA long possession policies ?
All the policies mentioned above are annual policies but the Janta PA is available for longer periods up to 5 years.
Top
What is the latitude of cover under Personal Accident policy ?
The personal catastrophe policy covers death, unbreakable total and partial disablement and temporary total disablement as select by the client. The policy also offers cover within case of unplanned death - the reimbursement of funeral expenses. It can also be extended to cover medical expenses arising out of twist of fate up to 20 percent of the claim amount subject to maximum of 10 percent of the amount of insurance.
Top
What is permanent total/partial and short-term disablement?
When an individual person is unqualified to do any duties for rest of his life, he is forever disabled.
When a person loses a sector of limb or audible range etc. it is permanent partial disablement.
Temporary total disablement arises when a party is confined to bed for a temporary time and is indisposed to attend to his duties for that period.
Top
What are the parameter for granting the cover under Personal Accident Policy ?
Occupation, income, age and nonspecific health are the most important parameters for granting Personal Accident cover. Insurance cover is granted up to 3 years to 5 years annual income of the human being.
Top
Can non-earning people clutch Personal Accident insurance ?
Non-earning members can also steal Personal Accident insurance but for a smaller amount like Rs.50,000/- for the spouse and Rs.25,000/- for the children.
Top
Is in that any income tax benefit for premium salaried under Personal Accident insurance ?
There is NO income rates benefit available against premium paid for Personal Accident insurance.
Critical Illness FAQs
Is the Critical Illness policy purely another name for the Mediclaim policy ?
Although the Critical Illness policy covers disorder, it is not a Mediclaim policy. It is complementary to a Mediclaim policy, being an spare policy which can taken along with Mediclaim.
Top
What is the difference between Mediclaim & Critical condition policies?
A Mediclaim policy is a reimbursement of the medical expenses whereas Critical Illness insurance is a benefit policy.
Top
What is a benefit policy ?
Under a benefit policy on happening of an event, the insurance company pays the policyholder a lump sum amount. Whether the client spends the amount received on the medical treatment or not rests on his or her own discretion.
Top
Are adjectives the illnesses are under the Critical Illness policy ?
The Critical Illness policy covers with the sole purpose five major illnesses
* Cancer
* Kidney disaster
* Organ transplant
* Multiple sclerosis and
* Coronary artery surgery (20 percent of Sum Insured)
Top
What is the amount of Insurance offered by a Critical Illness policy?
Under a Critical Illness policy, the amount of insurance has to be special by the client. It is at 4 levels – Rs.5 lakhs, Rs.10 lakhs, Rs.20 lakhs and Rs.25 lakhs.
Top
Under Critical Illness insurance while select the level of benefit, does the client exercise his choice or does the insurance company manufacture a decision ?
Under Critical Illness insurance if the client is financially all right off later he can go for a high level of insurance. If his annual returns are less later he cannot opt for a higher horizontal of benefits. Basically, the level of benefits depends upon the earn capacity of the entity.
Top
Is there a minimum annual income requirement beneath Critical Illness insurance ?
If the client is an income tax payer and his annual income is worth a minimum of Rs.2 lakhs, he can opt for Critical Illness insurance.
Top
When does the Critical Illness policy cover adjectives the five illnesses ?
As long as the policyholder was not suffering from any of the illnesses, the pre-existing disorder exclusion applies to the Critical Illness policy also.
Top
What is the rate of premium calculated under the Critical Illness policy ?
Under Critical Illness insurance, the premium depends upon the age and the sex of the personage. For every age, there is a different premium charged. For instance, a 35-year outmoded male will be charged a premium of Rs.1.53 per thousand whereas for a womanly of the same age, it is Rs.2.28 per thousand. For a 65-year mannish it is Rs.21.86. per thousand while a female of like age will be charged Rs.15.25 per thousand.
Top
For how long can a Critical Illness policy be issued ?
Under Critical Illness insurance, a policy can be issued only for one year and have to be renewed every year. And it is on the insurance company's discretion if they wish to renew the policy or not.
Mediclaim FAQs
In overnight case an individual is already suffering from a disease, will Mediclaim still reimburse his or her expenses related to the disease?
The insurance company will not reimburse any expenses related to any disease or injury which already existed at the time of first obtaining the insurance cover.
Top
Are adjectives diseases and injuries covered by Mediclaim ?
There are certain diseases and injuries that are not covered by this policy. These leak under roughly 3 categories The injuries or diseases not covered surrounded by the first year of operation of the policy are:
* Cataract
* Benign prostatic hypertrophy
* Hysterectomy for menorrhagia or fibromyoma
* Hernia, hydrocele
* Congenital internal diseases
* Fistula in anus
* Piles
* Sinusitis and related disorders
Note: The diseases tabled above are only excluded from cover lone for the first year of the policy and not afterwards.
The injuries and diseases or medical conditions not covered at all underneath Mediclaim are:
* Cost of spectacles, contact lenses,hearing aids
* Dental treatment, surgery unless it requires hospitalisation
* Convalescence or rest cure
* Congenital external diseases
* Sterility
* Venereal diseases
* Condition directly or indirectly related to AIDS
* Pregnancy
* Circumcision, unless it is obligatory under clear in your mind circumstances alone
The injuries and diseases not covered under sure circumstances are:
* Intentional self-injury
* Use of intoxicating alcohol and / or drugs
* Diseases or injuries arising in the first 30 days from the commencement of policy (this does not include the diseases excluded surrounded by the first year of operation of the insurance policy), however if a medical practitioner named by the insurance company states that the policyholder have no knowledge of the existence of the disease, next it will be covered (this also does not apply if the insured had be covered under this policy or group insurance organism with any Indian Insurance Company, within the immediately preceding 12 months)
Top
Are the test prescribed by the doctor b
Health insurance + investment = Bad combo
LIC Health Plus & Reliance Health +Wealth Plan are UNIT LINKED MEDICAL PLANS Following are few cons of these policies
1. Each surgery is paid for solely once
If the company has salaried you surgical benefits for one surgery in a year, it will not clear for that again in the adjectives. However, in armour of mediclaim policies, if a medical condition was not pre-existing at the time of taking the policy, it will be covered surrounded by the future.
2. No 'no claim bonus'
'No claim bonus' is a big benefit surrounded by mediclaim policies ,which is absent surrounded by unit connected health insurance policies. In a mediclaim policy, for every claim-free year, you bring back an increase in the sum assured of 5 per cent for like peas in a pod premium. That's how Manish has accumulate the bonus of Rs 2.31 lakh.
3. No cashless facility
As of now these policies do not provide a cashless facility. Which manner, you will first have to pay packet the expenses out of your pocket and then claim for a reimbursement. In most mediclaim policies, a cashless facility is available wherein the insurance company will settle your bills directly next to the hospital.
4. Limited cover
In unit associated health insurance covers, here is a finite list of surgeries that are covered. This does not include surgeries similar to fractures from accidents. LIC official confirm that you can claim only the hospital bread benefit in these cases. Your mediclaim policy will, however, cover accident.
5. Hospital cash benefit merely for stay, over two days
You can claim for hospital cash benefits merely if you are hospitalised for more than two days. This means that if your hospitalisation charges per morning is Rs 1,000 and you stay admitted for four days, the insurer will compensate you only for the later two days. The cost of the first two days will be borne by you.
6. High charges on investment portion
Because the investment portion is a unit associated plan, this policy suffers from what most unit allied plans suffer -- high upfront charges. For instance, LIC's Health Plus, charges 30 per cent of the premium surrounded by the first year and 6 per cent thereafter as policy allocation charge. For Reliance Health + Wealth, it is 25 per cent and 5 per cent respectively. Other charges include policy administration charges, fund command charges.
'It’s best to keep your investment and insurance requirements separate'. Which means, clutch a mediclaim policy FAMILY FLOATER PLAN ( Bajaj Allianz Star Policy or Reliance HealthWise Gold Policy ) for health cover and invest contained by instruments such as mutual funds or provident funds for investments.
The only best vigour insurance is " LIC HEALTH PLUS", this policy give the later life value for your investment.
And another one Mediclaim Health Insurance.
I will pass my contact no.9941421542, you please contact me.
I will give brief clarification
For quotation on LIC Health Plus e-mail me dates of birth of ancestral members to gadiyarsp(a)yahoo.co.contained by
Resolved Questions:
Purely a business press do not answer next to moral platitudes?
Pregnant independent contractor special educationalist, can I receive disability if I'm on my husbands insurance?
Need a devout pet insurance .but not to expensive any one have the post bureau one?
Can I put my brother on my form insurance?
How much money could i draw from through criminal compensation for a broken chin?
Chiropractors accepting insurance?
Answers: ICICI. Under Health Product Suite, ICICI Prudential offers plans underneath the following major inevitability categories:
Hospitalisation Plans
* Hospital Care
Critical Illness Plans
* Crisis Cover
* HealthAssure Plus
What are the criteria for decide on the best health cover?
Choosing a condition cover for yourself must be done after careful analysis of your requests. In case you necessitate a wide cover as also Income toll benefits the mediclaim policy with a home package cover could be a suitable selection for you. You may also decide on the primary ailments policy with annual, five and ten year cover option offering you a reasonable amount of premium money.
Those going for a wide coverage as also long residence cover about five or ten years can opt for the possession hospitalisation policy. This gives benefits that are not available below the normal mediclaim policy. Another convenience this policy offer is the non-requirement of every year renewal of the policy. If you plan to go for a smaller amount costlier health cover beside tax benefit and fixed coverage you could choose the Jan Arogya cover. For those closer to retirement age the long-term retirement benefit plan would be the ideal cover.
Top
How do you want whether a disease was a pre-existing one or not?
While wadding up the proposal form for insurance you need to provide details of the illnesses you own suffered during your lifetime. Such disclosures are important else at a subsequent stage if discovered you could end up losing out horrendously. At the time of insurance, you should be aware whether you have any disease and whether you are undergo any treatment. The insurers refer such health issues to their medical panel to differentiate between pre-existing and not long contracted illnesses.
Top
Personal Accident FAQs
What insurance policies are available in India for casual cover ?
In India, Personal accident (individual/group), Janata personal calamity and Gramin personal accident policies are available for unpremeditated risks. Certain other policies like Motor vehicle policy, Videsh Yatra policy admit an add-on cover against personal accident.
Top
Are there any other personal chance policies ?
There are other accident policies for specified groups resembling students - Shishu Suraksha Policy, Bhagyashree for girl-children, Raj Rajeshwari for women and NRI Personal Accident policy for NRIs, etc.
Top
What is the difference between Personal Accident, Janta Personal Accident and Group Personal Accident policies ?
Janta Personal Accident and Group Personal Accident policies are fixed sum insured policies whereas Personal Accident insurance is a variable Sum Insured policy which is base on income and other parameters resembling occupation of the person to be insured.
Under Janta Personal Accident and Gramin Personal Accident insurance, the benefits available are fixed whereas beneath Personal Accident, the same can be select from different tables of covers.
Top
Are Personal Accident (PA), Janta PA and Group PA long possession policies ?
All the policies mentioned above are annual policies but the Janta PA is available for longer periods up to 5 years.
Top
What is the latitude of cover under Personal Accident policy ?
The personal catastrophe policy covers death, unbreakable total and partial disablement and temporary total disablement as select by the client. The policy also offers cover within case of unplanned death - the reimbursement of funeral expenses. It can also be extended to cover medical expenses arising out of twist of fate up to 20 percent of the claim amount subject to maximum of 10 percent of the amount of insurance.
Top
What is permanent total/partial and short-term disablement?
When an individual person is unqualified to do any duties for rest of his life, he is forever disabled.
When a person loses a sector of limb or audible range etc. it is permanent partial disablement.
Temporary total disablement arises when a party is confined to bed for a temporary time and is indisposed to attend to his duties for that period.
Top
What are the parameter for granting the cover under Personal Accident Policy ?
Occupation, income, age and nonspecific health are the most important parameters for granting Personal Accident cover. Insurance cover is granted up to 3 years to 5 years annual income of the human being.
Top
Can non-earning people clutch Personal Accident insurance ?
Non-earning members can also steal Personal Accident insurance but for a smaller amount like Rs.50,000/- for the spouse and Rs.25,000/- for the children.
Top
Is in that any income tax benefit for premium salaried under Personal Accident insurance ?
There is NO income rates benefit available against premium paid for Personal Accident insurance.
Critical Illness FAQs
Is the Critical Illness policy purely another name for the Mediclaim policy ?
Although the Critical Illness policy covers disorder, it is not a Mediclaim policy. It is complementary to a Mediclaim policy, being an spare policy which can taken along with Mediclaim.
Top
What is the difference between Mediclaim & Critical condition policies?
A Mediclaim policy is a reimbursement of the medical expenses whereas Critical Illness insurance is a benefit policy.
Top
What is a benefit policy ?
Under a benefit policy on happening of an event, the insurance company pays the policyholder a lump sum amount. Whether the client spends the amount received on the medical treatment or not rests on his or her own discretion.
Top
Are adjectives the illnesses are under the Critical Illness policy ?
The Critical Illness policy covers with the sole purpose five major illnesses
* Cancer
* Kidney disaster
* Organ transplant
* Multiple sclerosis and
* Coronary artery surgery (20 percent of Sum Insured)
Top
What is the amount of Insurance offered by a Critical Illness policy?
Under a Critical Illness policy, the amount of insurance has to be special by the client. It is at 4 levels – Rs.5 lakhs, Rs.10 lakhs, Rs.20 lakhs and Rs.25 lakhs.
Top
Under Critical Illness insurance while select the level of benefit, does the client exercise his choice or does the insurance company manufacture a decision ?
Under Critical Illness insurance if the client is financially all right off later he can go for a high level of insurance. If his annual returns are less later he cannot opt for a higher horizontal of benefits. Basically, the level of benefits depends upon the earn capacity of the entity.
Top
Is there a minimum annual income requirement beneath Critical Illness insurance ?
If the client is an income tax payer and his annual income is worth a minimum of Rs.2 lakhs, he can opt for Critical Illness insurance.
Top
When does the Critical Illness policy cover adjectives the five illnesses ?
As long as the policyholder was not suffering from any of the illnesses, the pre-existing disorder exclusion applies to the Critical Illness policy also.
Top
What is the rate of premium calculated under the Critical Illness policy ?
Under Critical Illness insurance, the premium depends upon the age and the sex of the personage. For every age, there is a different premium charged. For instance, a 35-year outmoded male will be charged a premium of Rs.1.53 per thousand whereas for a womanly of the same age, it is Rs.2.28 per thousand. For a 65-year mannish it is Rs.21.86. per thousand while a female of like age will be charged Rs.15.25 per thousand.
Top
For how long can a Critical Illness policy be issued ?
Under Critical Illness insurance, a policy can be issued only for one year and have to be renewed every year. And it is on the insurance company's discretion if they wish to renew the policy or not.
Mediclaim FAQs
In overnight case an individual is already suffering from a disease, will Mediclaim still reimburse his or her expenses related to the disease?
The insurance company will not reimburse any expenses related to any disease or injury which already existed at the time of first obtaining the insurance cover.
Top
Are adjectives diseases and injuries covered by Mediclaim ?
There are certain diseases and injuries that are not covered by this policy. These leak under roughly 3 categories The injuries or diseases not covered surrounded by the first year of operation of the policy are:
* Cataract
* Benign prostatic hypertrophy
* Hysterectomy for menorrhagia or fibromyoma
* Hernia, hydrocele
* Congenital internal diseases
* Fistula in anus
* Piles
* Sinusitis and related disorders
Note: The diseases tabled above are only excluded from cover lone for the first year of the policy and not afterwards.
The injuries and diseases or medical conditions not covered at all underneath Mediclaim are:
* Cost of spectacles, contact lenses,hearing aids
* Dental treatment, surgery unless it requires hospitalisation
* Convalescence or rest cure
* Congenital external diseases
* Sterility
* Venereal diseases
* Condition directly or indirectly related to AIDS
* Pregnancy
* Circumcision, unless it is obligatory under clear in your mind circumstances alone
The injuries and diseases not covered under sure circumstances are:
* Intentional self-injury
* Use of intoxicating alcohol and / or drugs
* Diseases or injuries arising in the first 30 days from the commencement of policy (this does not include the diseases excluded surrounded by the first year of operation of the insurance policy), however if a medical practitioner named by the insurance company states that the policyholder have no knowledge of the existence of the disease, next it will be covered (this also does not apply if the insured had be covered under this policy or group insurance organism with any Indian Insurance Company, within the immediately preceding 12 months)
Top
Are the test prescribed by the doctor b
How much enthusiasm insurance is really prerequisite?
Health insurance + investment = Bad combo
LIC Health Plus & Reliance Health +Wealth Plan are UNIT LINKED MEDICAL PLANS Following are few cons of these policies
1. Each surgery is paid for solely once
If the company has salaried you surgical benefits for one surgery in a year, it will not clear for that again in the adjectives. However, in armour of mediclaim policies, if a medical condition was not pre-existing at the time of taking the policy, it will be covered surrounded by the future.
2. No 'no claim bonus'
'No claim bonus' is a big benefit surrounded by mediclaim policies ,which is absent surrounded by unit connected health insurance policies. In a mediclaim policy, for every claim-free year, you bring back an increase in the sum assured of 5 per cent for like peas in a pod premium. That's how Manish has accumulate the bonus of Rs 2.31 lakh.
3. No cashless facility
As of now these policies do not provide a cashless facility. Which manner, you will first have to pay packet the expenses out of your pocket and then claim for a reimbursement. In most mediclaim policies, a cashless facility is available wherein the insurance company will settle your bills directly next to the hospital.
4. Limited cover
In unit associated health insurance covers, here is a finite list of surgeries that are covered. This does not include surgeries similar to fractures from accidents. LIC official confirm that you can claim only the hospital bread benefit in these cases. Your mediclaim policy will, however, cover accident.
5. Hospital cash benefit merely for stay, over two days
You can claim for hospital cash benefits merely if you are hospitalised for more than two days. This means that if your hospitalisation charges per morning is Rs 1,000 and you stay admitted for four days, the insurer will compensate you only for the later two days. The cost of the first two days will be borne by you.
6. High charges on investment portion
Because the investment portion is a unit associated plan, this policy suffers from what most unit allied plans suffer -- high upfront charges. For instance, LIC's Health Plus, charges 30 per cent of the premium surrounded by the first year and 6 per cent thereafter as policy allocation charge. For Reliance Health + Wealth, it is 25 per cent and 5 per cent respectively. Other charges include policy administration charges, fund command charges.
'It’s best to keep your investment and insurance requirements separate'. Which means, clutch a mediclaim policy FAMILY FLOATER PLAN ( Bajaj Allianz Star Policy or Reliance HealthWise Gold Policy ) for health cover and invest contained by instruments such as mutual funds or provident funds for investments.
Does any one work at a Auto ins. bureau?
The only best vigour insurance is " LIC HEALTH PLUS", this policy give the later life value for your investment.
And another one Mediclaim Health Insurance.
I will pass my contact no.9941421542, you please contact me.
I will give brief clarification
When is the date for NCFM exams?
For quotation on LIC Health Plus e-mail me dates of birth of ancestral members to gadiyarsp(a)yahoo.co.contained by
Resolved Questions: