8 things to check before investing in health insurance
Health insurance usually secures you and your family healthy for a long time. Finding the best health insurance plan is a tedious process. In this post, we will describe the 8 important things which will help you to select the Best Individual Health Insurance policy.
Proficiency in the claim procedure
Claim agreement time and agreement ratio is an important aspect of health insurance. Faster the process of claiming the insurance, better to invest in that health insurance plan.
Co-payment
Co-payment responsible for policyholder will bear a predetermined percentage of the claim amount and rest claim will be settled by the insurance company.
Procedure of daycare
Often, health insurance plans do not include a daycare procedure. Even these plans may include the daycare procedure then they mandate the hospitalization for 24 hours. But these days many insurance policies do not require the 24 hours hospitalization.
List of network hospitals
List out all the hospitals who include the facilities which you often require in the hospital. This is helpful when you travel to the other city.
Pre and Post expenses of hospital
Pre and Post expenses consider as pre/post hospitalization in a health insurance policy. Some times pre/post hospitalization expenses can be increased. So, check the pre/post hospitalization claim amount.
No-claim bonus
Several insurance companies offer a no-claim bonus. If an insurance holder does not lodge an insurance claim then sum insured can be an increase or insurance premium can be decreased.
Medical checkup
Check the health insurance policy that allows the policyholder to a free medical checkup. A Best Individual Health Insurance policy always include the free medical checkup in claim agreement.
Lifetime renewal
Check the health insurance if it can be renewed lifelong. It means you can renew your health insurance policy anytime during life. This is an important factor to study if you are planning to cover your elderly parents in your insurance policy plan.
If you are looking to buy Best Individual Health Insurance then visit the official site of HC insurance for more information.
Proficiency in the claim procedure
Claim agreement time and agreement ratio is an important aspect of health insurance. Faster the process of claiming the insurance, better to invest in that health insurance plan.
Co-payment
Co-payment responsible for policyholder will bear a predetermined percentage of the claim amount and rest claim will be settled by the insurance company.
Procedure of daycare
Often, health insurance plans do not include a daycare procedure. Even these plans may include the daycare procedure then they mandate the hospitalization for 24 hours. But these days many insurance policies do not require the 24 hours hospitalization.
List of network hospitals
List out all the hospitals who include the facilities which you often require in the hospital. This is helpful when you travel to the other city.
Pre and Post expenses of hospital
Pre and Post expenses consider as pre/post hospitalization in a health insurance policy. Some times pre/post hospitalization expenses can be increased. So, check the pre/post hospitalization claim amount.
No-claim bonus
Several insurance companies offer a no-claim bonus. If an insurance holder does not lodge an insurance claim then sum insured can be an increase or insurance premium can be decreased.
Medical checkup
Check the health insurance policy that allows the policyholder to a free medical checkup. A Best Individual Health Insurance policy always include the free medical checkup in claim agreement.
Lifetime renewal
Check the health insurance if it can be renewed lifelong. It means you can renew your health insurance policy anytime during life. This is an important factor to study if you are planning to cover your elderly parents in your insurance policy plan.
If you are looking to buy Best Individual Health Insurance then visit the official site of HC insurance for more information.
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