Safeguarding Your Family Is A Must

by Lana Walton | May 3, 2018 8:44 am

]Due to the advent of technology and a drastic change in lifestyle, you are at a higher risk of suffering from a lifestyle disease today than you were a decade ago. Though there have been advances in medical practices, the costs of medical care have also increased rapidly.

A medical emergency can affect a member of your family at any time and it can cripple you emotionally and financially. Hence, it is your responsibility to safeguard your family from medical emergencies by opting for a comprehensive medical insurance such as the Religare Health Insurance.

Factors to Be Considered Before Choosing the Right Plan

It is necessary to have health insurance as it provides a financial safety net in case of a medical emergency or illness. There are many insurance companies offering health insurance policies in India. With so many options available, you need to consider the following factors before purchasing a health insurance:

a) Claim and Settlement Process

During a medical emergency, it would be ideal to have a smooth claim and settlement process to ensure that you get the necessary medical care on time. Ensure that the insurance company has a hassle-free claim and settlement process.

b) Network Hospitals

Check the total number of hospitals that have collaborated with the insurance company and provide an option of cashless transactions. Religarehas a network of over 5,400 hospitals and would be the ideal choice in case of an emergency.

c) Day-Care Coverage

These days many hospital procedures do not require over 24 hr hospitalization due to advancement in technology. The treatment is completed quickly and the patient is discharged on the same day. Many health insurance policies require at least 1 day of hospitalization in order to process a medical claim. It is better to opt for an insurance that covers day-care treatment as well.

d) No Claim Bonus (NCB)

In case you do not file a claim in an insured year, you’re entitled to a no claim bonus the following year on renewal. You will either get a discount on the premium or your insurance cover will increase. Read the offer document carefully for the NCB clause.

e) Free Medical Check-up

Most insurance companies offer a free medical check-up as part of the health insurance policy. Opt for the insurance policy that has this feature clearly mentioned in its terms and conditions.

f) Lifetime Renewability

It is ideal to purchase a health insurance that offers the option of lifetime renewability. This is basically due to the fact that you’re more likely to suffer from various diseases in your sunset years and a life insurance would come in handy at that time.

g) Pre and Post Hospitalization

When you feel sick, you’re likely to visit the doctor, run a few tests, and then get hospitalized based on the severity of the illness. Also, once the treatment is completed, you would visit the doctor for follow-up sessions and purchase more medicines.

Most health insurance policies cover only the medical costs incurred during the hospitalization period. It is imperative that you choose an insurance such as Religare Health Insurance[1] that covers all medical expenses incurred during 30 days of the pre-hospitalization period and 60 days of the post-hospitalization period.

How Will It Be Handy When You Need It the Most?

Although there are many insurance companies that provide different kinds of health insurance policies, there is only a handful that will prove to be beneficial in the time of need. One such insurance is the Religare Health Insurance in India.

With this insurance, an employee of the company will personally attend to your claim and ensure that you receive your settlement at the earliest. They also care about your health and provide a free annual health check-up to every insured member. You can include your family members in this insurance policy as well as it allows up to 6 members to be a part of the family floater health insurance policy.

A Comprehensive Package

Another vital benefit of opting for Religare health insurance in 2018 is that the ‘co-pay’ feature is not included. This means that you don’t have to pay a fixed percentage of the hospital bill for every claim. You can provide the required financial protection for your family against all medical needs through this insurance. Renew your health insurance with ease on[2].

  1. Religare Health Insurance:

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