What are the policies available for health ?
Mediclaim (in India for individual and group) and Overseas Mediclaim Policy (in abroad)
What does Mediclaim Policy cover ?
The policy provides for reimbursement of hospitalization/ domiciliary hospitalization expenses for illness/diseases suffered or accidental injuries sustained during the policy period.
What is the age limit for Mediclaim Policy ?
The insurance is [...]
What are the benefits of taking health insurance?
Health insurance covers you and your family against expenses that you may incur on hospitalisation (or domiciliary hospitalisation) and/or other related expenses in a hospital or nursing home in India for treatment of a disease.
With the rising incidence of diseases and cost of treatment, any illness can mean [...]
Critical Illness is a benefit plan. (No reimbursement) Statistics in India shown an Upward trend incidence of life threatening diseases. With rapid progress made in Medical Science and Clinical Examination methods during recent years. Doctors and diagnose and treat these life threatening diseases much earlier. Thanks to such developments, many lives have been saved. However, [...]
What is the Family Floater Plan?
For the first time in India, one single policy takes care of the hospitalisation expenses of your entire family. Family Floater Health Plan takes care of all the medical expenses during sudden illness, surgeries and accidents.
e.g.: The Prakash Family is covered under a traditional health insurance plan – Mr. Prakash [...]
General Query
What is the meaning of insurance?
Insurance is a protection against financial loss arising on the happening of an unexpected event. Insurance companies collect premiums to provide for this protection and losses are paid out of the premiums collected from the insuring public.
What is underwriting?
Underwriting of a risk involves consideration of material facts on the [...]
General Questions:
1.1 How long is the policy valid for?
The policy is valid for one year.
1.2 Is the premium exempted from Income Tax?
The premium is exempt under Section 80D of the IT, Premium up to Rs.15,000/- qualifies for tax benefit under Section 80D of Income Tax Act
1.3 How can I indemnify or claim benefits under the [...]
What are the Benefits of Health Shield Online?
Hospitalisation Cover for all inpatient hospitalization expenses due to accident / illness covered under the policy up to the Sum Insured. The stay in hospital should be more than 24 hours. Pre and Post hospitalization expenses, that is, relevant medical expenses up to 30 days prior to hospitalization [...]
