Skip to main content

Health Insurance

 

                           HEALTH INSURANCE              

           

Good health is the greatest wealth for sustenance of life. Hospitalization  due to sickness and injury can be a taxing experience. Lab tests pharmacy bills, the expenses that follow are cumbersome and burdensome. To help relieve this and to remain with a sufficient level of preparedness various health insurance products are available for all age groups 

Need to buy Health Insurance arises due to:

  • Rising medical Costs

  • Insufficient cover by employers

  • New diseases on the rise 

  • More lifestyle diseases

What is the cover offered :

  • Hospitalisation , pre and post hospitalization, domiciliary hospitalisation and health checkups.

  • Sum Insured chosen may be individual or floating  depending on the family type and size and age.

  • One may also choose add ons  like PA cover, day care procedures etc.

  • Continuous coverage  without break offers a cumulative bonus which adds to the sum insured for claim free policies.

  • Group cover is also an employers choice to cater  to employee benefits with maternity cover for young employees and their spouses.

  • Health insurance for a group can be structured as per specific requirements. Further health insurance for employees working abroad can be covered from India at very competitive cost subject to certain conditions.

  • In addition top up covers for expenses exceeding the sum Insured and the threshold level.


Advantages of a health insurance policy:

Tax exemption under Section 80 D and  seamless transition without break in cover.

Network Hospitals  provide cashless facility.

Network Hospitals are those that work in agreement with insurance providers and the advantage is one’s hard earned money need not be spent to avail quality health treatment.

Can be ported to the nearest branch for quick service.


Health is wealth and the best investment today is to buy Health Insurance


Disclaimer:   

Zen Insurance is an IRDAI registered broker which facilitates quick & accurate insurance broking services. We deal with only regulator approved products of insurers. We do not underwrite the products.


Comments

Post a Comment

Popular posts from this blog

AOG (Act of God) Perils Extension in CGLpolicies

      A OG (Act of God) Perils Extension in Commercial General Liability (CGL) policies refers to the inclusion of natural and unpredictable events under the coverage of the policy. AOG perils are events beyond human control, often caused by natural forces, and their inclusion can significantly broaden the scope of a standard CGL policy. These perils are not covered automatically in a CGL but have to be purchased separately as an add-on. Let us look at this aspect of CGL policies in more detail. Indian firms looking to buy a CGL policy should ideally opt for an AOG perils extension because the country is geographically prone to various natural disasters such as earthquakes, cyclones, and floods. Including AOG perils in a CGL policy will help businesses in disaster -prone areas to protect against liabilities arising from damage or injury caused during such events. AOG Perils covered in a CGL policy Earthquake Floods (including inundation, cloudburst, etc.)...
Post a Comment
Read more

Prior and Pending Litigation in Professional Indemnity Policy

  The prior and pending litigation exclusion in liability policies is a clause designed to exclude coverage for claims related to legal disputes or circumstances already known, pending, or in progress before the policy's effective date. It’s an important exclusion because it limits the insurer’s liability for events that occurred before the policy began. Here are more details about this exclusion. Purpose of the Prior and Pending Litigation Exclusion Insurers include this exclusion to avoid covering claims or disputes that were known or existed before the policy started. It ensures that the underlying policy , Directors & Officers (DnO), Professional Indemnity (PI) policy, etc., only covers new claims that arise from professional errors, omissions, or negligence occurring during the policy period and not pre-existing or ongoing legal matters. What the Exclusion Covers Prior Litigation : Any lawsuit, claim, investigation, or l...
Post a Comment
Read more

Understanding Duty to Defend and Right to Defend in Liability Insurance in India

  In a liability insurance policy, the insurance company has the duty and also the right to defend the insured. The cost involved in defending the insured does not affect the policy limits provided the policy does not state otherwise. This rule is useful because in many cases the defense costs are high when a judicial trail is involved. In some cases, the defense costs can be higher than the claim amount making the defense part of the policy more valuable. Defense costs can be higher than the claim amount particularly in nuisance cases. These are situations where a case is made against the insured party even though the liability is low. The coverage of a claim under a liability policy can vary based on the duty to defend or right to defend clause. Before buying a liability policy, one should know the difference between duty to defend and right to defend and the obligations of the insurer under each wording. Duty to defend Under the duty to defend provision in a liability in...
Post a Comment
Read more