What are the details on Maternity Coverage?

Is Maternity covered under health insurance policy?

Maternity Charges Most of the Health Insurance do not cover maternity charges. Presently there are two companies namely Max Bupa and Apollo Munich in Exclusive & Premium plan allows reimbursement of (or cashless) maternity expense. The waiting period is 2 years in case of […]

What is a cashless facility

Know about cashless facility for health insurance policy

CASHLESS FACILITY: This is the most important criterion since it gives mental peace that insured does not need to have cash in bank for getting treatment done. Many of the insurance company have Third Party Arrangement (TPA) which on behalf of the Insurance […]

Is there any minimum or maximum age of entry?

What is the maximum age of entry for health insurance policy?

Maximum Age of Entry Maximum age of Entry means till what age Insurance Company are willing to underwrite Health Insurance. Most of the Insurance Company specify Age 60 as Maximum Age of Entry – thereby meaning any person who […]

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 […]