Health Insurance

Bajaj Allianz Insurance: Critical Illness Policy

It is said that ‘Critical Illness‘ policy give you financial protection from the vital diseases, which can make you satisfy without even loosening your pockets. With Bajaj Allianz Health Insurance you can secure yourself from such Casualty.

This is very crucial policy which is actually giving you benefit paying the sum insured as lump sum amount once you are treated with one of the below listed critical illness.

• Cancer.
• Multiple Sclerosis.
• Paralysis.
• Coronary Artery Bypass Surgery.
• Major Organ Transplant.
• Primary Pulmonary Arterial Hypertension.
• First Heart Attack.
• Stroke.
• Kidney Failure.

Features of Bajaj Allianz insurance policy-

1. The policy insures 10 vital illnesses like cancer, heart attack, paralysis, etc.
2. Sum Assured amount is payable once the disease is diagnosed.
3. Medical examination is required in some cases based on the age and the benefit amount provided by the propose.

Advantages of Critical Illness Policy-

1. Very less premium.
2. The insured gets lump sum amount where he can plan the treatment accordingly.
3. Expenses in a transplant surgery, which normally are not covered under genral health insurance policy, can be paid out of the amount received under this cover.
4. Premium paid is exempt under the section 80 D of Income Tax Act as per existing IT laws.

Coverage of Critical Illness Policy-

1. Sum Insured available from 1,00,000 to Rs. 50,00,000.
2. Age limit – 6 yrs – 59 Years.

Hospital Cash Plan!

Hospital cash plans are project to pay the policyholder a gross for everyday he or she needs when treated as an in-patient.

The hidden costs to hospital care that are not been insured by mediclaim. As like, expenses occurred on imparting by family members to and fro hospital, diet expenses, sundry expenses occurred by family member staying with patient and so on are covered by the hospital cash plan.

Hospital cash carter the insured with a early cash benefit for each 24 hours spent in the hospital. Hospital care could be due to sickness or accident.

Coverage

1. Hospital cash policies dues a daily allowance as a fixed cash benefit on hospitalization.
2. The policy can be taken along with any other health insurance policies.
3. It covers incidentals or miscellaneous expenses in case of hospitalization.

Is medical insurance a must to you?

Of course you do.

medical insurance will help protect you and your family at the time of any financial constraint arises when one is hospitalized.

A medical health insurance policy is blended in such a way that it sort out your requirement in case of bad times and will proves to be your asset as a budget.

You may be questioning around so many times that “why do I need a medical insurance?

After all, I exercise daily, eat right and enjoy a good life and sleep well.”

Well, medical science and technology have made a huge tread ,so you do have a point.

But you do need to beef up yourself with the policy so that you are well prepaid to face any unexpected calamity.

In Today’s world where stress and hard work play their part and take their toll, and where an affordable medical insurance policy could help stave off much of the trauma that accompanies a medical crisis.

You Need To Ask Yourself the Following Questions Before You Buy a Medical Insurance Policy-

1. What are the various types of health insurance programs that are available to me, and which is best suited to suit the needs of my family and myself?

2. How do I choose the ideal health care plan?

3. What is ideal for me among the vast choice of health care plans before me- is it organized care- short term and long term, does it cover disabilities, and does it deal with just health insurance?

4. Can I have information on issues like private insurance, public expenditure and uninsured customers?

5. Can I afford the cost of health care?

6. Would there be a medical insurance policy that would cover the sort of services that I require?

7. Are the prescription drugs that I habitually use also covered?

Accident Insurance Policy

The idea of health insurance was designed by Hugh the Elder Chamberlen in 1694.

A health insurance policy is a contract made between an insurance company and an individual who wishes to get insured. Here the insured one is informed, in advanced, about the cost of health care that will be covered by health plan in the contract.

The insured person has to pay a certain amount as a premium in different modes-monthly/quarterly, half yearly; for it’s health care. The contract can be renewed on an annual or monthly basis.

Nearly every person takes health insurance due to ease in availability of it.  It is quite beneficial to a person to get health insured as taking care of ourselves is not possible every time.

Students Health Insurance

Health is a common thing in the life of every person. Students health insurance is specially designed by financial institutions and main purpose of this insurance policy is to offer health coverage for the students. Now students health insurance is a must and most of universities and institutes ask for the such a insurance.

Before applying for this insurance you must determine the reputation of the company which has a proven record. There are lots of things to look for such a policy because some plans do not cover lots of scenarios. In some cases, representatives of the company keep in negligences.

It is important to compare interest rates of the company which is providing students health insurance and how much it is cost.

If you are going abroad for your studies then it is very important to know about international coverage and it is vary from company to company.

Now company offers different health insurance plans according to your budget and needs.