What is a liability limit in health insurance policy?

Know about Liability Limits of your health insurance policy.

LIABILITY LIMITS : Liability limit specifies sub-limits for particular disease or component of expenses incurred on hospitalization. Most of the policies from Public Sector as well as Star Health Insurance and IFFCO Tokyo specifies cap (limit) on Room Rent Charges 1% to 2% of […]

What is warming up period in Insurance?

When does the health insurance policy you purchased get active?

Warming Up Period: Health Insurance provides reimbursement of expense incurred due to hospitalization. Hospitalization due to accident is covered from the day policy is underwritten (Reader please note that mere acceptance of check or even clearance of check from your account […]

What product (individual or floater) or category (Mediclaim or Hospital Cash) should I go for?

How to Choose the best product for your needs?

There are broadly two kinds of product that are available

Hospital Cash – They provide lump sum benefit in case of hospitalization regardless of the expense incurred. They are basically defined benefit product (i.e. regardless of actual expense incurred, they will pay […]

How Much Coverage Do I Need

What is my worth?

You are the most priceless person on this planet for all your family members and friends and it is difficult to say how much coverage is a good amount. In terms of identifying or putting a value the fact is that there is no hard & fast […]

Which Health Insurance should I buy?

How to Buy Health Insurance or Mediclaim Policy

We are deeply concerned about health of our family and would like to buy an umbrella to protect our family from any financial drain in case of any unforeseen event. While most of those who are in job have health coverage provided by […]