Mediclaim Insurance

For the uninitiated Mediclaim insurance is just like any other form of insurance scheme. In the case of Mediclaim insurance the insurance company provides medical cover to the person who has the insurance policy in his or his name. People can also opt for a group policy in the case of having their entire family insured with the medical insurance company in order to provide medical cover to all members of the company. Medical insurance will thus be able to take care of any sudden illness that you or your family member may encounter. Or if you get hospitalized due to some illness or injury, then Mediclaim insurance will again be of help to you. You could also have to undergo any surgery or an operation in the case of a grave illness and here too Mediclaim insurance will provide medical cover to you.

Any person who is below the age of 75 years can apply for a Mediclaim insurance policy. Even young children can get medical cover through a medical policy which is in the name of the parents and is a family medical insurance policy. For the medical cover that you get, there has to be a premium which has to be paid to the medical insurance company. The Mediclaim policy premium which is paid by the person to the medical company depends on factors such as the age of the applicant, the cover that he is opting for and whether he is going for a cashless policy or whether he is going for a group Mediclaim cover.