In view of the rising incidence of health issues, increased cost of hospitalisation, employees should have a second line of coverage.
You can look at health policies with co-pay or sub-limits to keep a tight lid on premiums but do note that such restrictions will also lead to inadequate coverage
The most important document that is referred to at the time of the making a claim is the proposal form that is filled out when applying for the insurance policy
Ensure that you do your due diligence when renewing your health insurance so that you don’t have to face any issues in the future
Buying a policy at an early age helps you to lock your premium at a lower cost and reduce the total expenditure on life insurance over the course of time.
Taking treatment at non-cashless network hospitals, ‘unnecessary’ hospitalisation and ‘unreasonable’ charges are some of the lesser-known causes due to which your health insurance claims could get rejected
You can look at health policies with co-pay or sub-limits to keep a tight lid on premiums, but do note that such restrictions will also lead to inadequate coverage.
Insurance-cum-investment schemes are illiquid and have large penalties for early exit. This is not explained to customers, and most who have to exit due to an emergency, have to do so with huge losses.