Health insurance guides

Individual Health Plans (IHP): It commonly known as mediclaim policy and it is the simplest form of health insurance. It normally covers hospital treatment expenses (minimum 24 hour hospitalization required) for an individual up to the sum assured. It normally does not cover pre-existing diseases and complications arising from them for the first 4-5 [...]

It may be beneficial for you to buy a health insurance cover on account of benefits of
• Continuity: If you leave your job, the track record that you have built with the insurance company through the old employer will not get transferred to the new company policy. Hence you will not have the continuity benefit. It [...]

Most insurance companies appoint a Third Party Administrator (TPA) for the purpose of claim settlement. This means that after buying the policy, TPA becomes your point of contact for any claim settlement. Some insurance companies have an in-house facility for claim settlement. They are called as in-house TPAs. There are two ways in which claims [...]

Health insurance is a kind of assurance to reimburse expenses incurred on any kind of medical treatment. As you are probably aware, the cost of good medical treatment is very high in India. Most times, it is out of reach for the average Indian. A medical emergency may strike any time, and it is not always possible to be financially prepared to deal with it. This is where health insurance comes to the rescue.