This additional cover, if opted, will allow the insurer to pay a lump sum amount in case of first diagnosis of any one critical illness listed by the Insurer. The lump sum amount will vary depending on the plan selected.Continue reading “Critical Illness Cover”
Extended Cumulative Bonus (ECB) is an additional cover that offers added cumulative bonus for claim free years. This is over and above any normal cumulative bonus that may be a standard benefit in your health insurance plan.Continue reading “Extended Cumulative Bonus”
Out-Patient or OPD cover allows reimbursement of expenses related to out-patient consultations up to a specified sub-limit of Rs. 10,000 or 15,000 during one policy year. You can claim expenses related to consultation fees, diagnostic tests, medicines, etc., under out-patient consultation.Continue reading “Out-Patient Cover”
This additional cover allows expenses related to non-medical items like syringes, gloves, thermometer, masks, sanitisers, etc., which are not payable under any standard health insurance claim.
Hospital Cash Benefit Cover as an additional benefit under a health insurance policy will give you daily cash allowance for a specified period during hospitalisation. This daily cash allowance will help you in covering for other miscellaneous expenses related to your hospitalisation.
Home Care Benefit allow expenses towards appointing a qualified nurse to take care of the patient at home as per the advise of a Doctor. The expenses for a specified number of days in a policy period is allowed.
Maternity and Child Care covers allow expenses related to pregnancy, child birth and health cover for new born baby. Usually, these expenses are excluded in a standard individual health insurance policy. However, waiting period applies for this additional cover as per terms of the respective insurers.Continue reading “Maternity & Child Care Cover”
This additional cover allows reduction in waiting period for Pre-Existing Diseases (PED) from a usual 36 or 48 months to 24 months by paying additional premium.Continue reading “Waiting Period Reduction”
In case if the Sum Insured in your health insurance gets exhausted during a policy year, this additional cover refills Sum Insured for the same period unlimited number of times. This is over and above Automatic Restoration, which refills SI only one time during a Policy year.Continue reading “Unlimited Automatic Restoration”
Few health insurers offer wellness or fitness discounts on renewal premiums in their health insurance schemes. This benefit is provided either as a standard or an additional benefit in their health insurance plans.
How does it work?
You can accumulate wellness or fitness credits as defined by the Insurer’s scheme as mentioned in their policy. Your fitness activities are usually monitored by a wearable device linked to the insurer’s mobile application and credits are accumulated based on the schedule of fitness activities you undertake either on a weekly or a monthly basis.
Based on an established chart, the accumulated credits will attract discounts up to a maximum of 10%, offered by the Insurers when you pay your renewal premium next year.