8 Tips to keep in mind before buying health insurance Policy
Choosing the right health cover is an important decision as it gives you a sense of security by providing immediate medical assistance in an emergency. However, there are many people who buy a policy advice through its agents and do not bother about personal needs. To them, it is advisable to consider the following 8 tips while selecting health cover
Tip 1 : You must always buy a health insurance policy whether your company offers you common health cover . There are times when you stop working or your company decides to withdraw benefits or provides cover that is not fit for you, in this case, personal health cover can benefit you. This becomes even more important if someone in your family is suffering from a chronic disease
Tip 2 :. Always choose the right amount of insurance coverage. If you are living in a small city, greet your cover should be about 3-5 lakhs but if you live in a metropolitan city, health insurance cover phone should not be less than 5-10 lakhs. Do not buy a new plan; Instead effort to get the maximum benefit out of it. When you reject the plan, benefits have been collecting old plan get moved in a new direction. Also, keep updating health cover phone from time to time to take care of your medical inflation
Tip 3 :. Buy health insurance as soon as possible, especially before you reach your 40’s. This is because, you are less likely to make claims in early infancy and can later reap the benefits of no claims bonus and add up to the original discussion of any claim without year.
Tip 4 : Always buy a cover that offers lifetime renewability. This way you will have health cover at older ages – the time when you have a major health and the protection is only possible if the policy offers lifetime renewability of
Tip 5 :. Buy a policy that gives you recover goals only if you use your full sum assured. This will be the back cover unforeseen serious illness which can be very expensive to manage. For example, Rs 3 lakh plan with Rs 3 lakh restore goals almost gives you the right 6 lakh cover for serious illnesses at no additional cost
Tip 6 :. Always buy health cover through reputed agent that can help you with your requirements also in the future. For this, you can seek help of online websites to choose the plan or explore the possibility but only buy health cover through an agent or company that has the ability to help you with the claim or offer Easy methods claim settlement.
Tip 7 : Always provide correct and true information in your application. If you suffer from any disease or illness, do not forget to mention it in your application. You can search for the agent that can assist you in getting the right plan that will cover the disease even after a waiting period. Now in most policies all preexisting conditions get covered by 3 to 5 years
Tip 8 :. Buy a policy with no or minimal sub-limits. Keep an eye out for plans with offers on the roof of a hospital room price. So save your money and give you a sense of relief too.