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

Insurance in a Time of Conflict: The Truth About War Risk Coverage

  In the wake of the recent confrontation between India and Pakistan through Operation Sindoor, a question in the minds of those with an insurance policy was if their policy will cover war-related damages. Our clients were no exception; we got queries on insurance coverage for wars during this period. War seemed a remote possibility until Operation Sindoor, but this operation made everyone believe that war was a reality and prompted the exploration of insurance coverage for such an incident.  In this blog, we will explore the coverage for war in insurance policies. War Coverage in Insurance Policies Most insurance policies—whether for property, auto, life, health, or travel—include a war exclusion clause . This clause denies coverage for losses or damages resulting directly or indirectly from war, invasion, civil unrest, rebellion, insurrection, or military action. Importantly, this exclusion generally applies even if war is not officially declared. Declared Wars: When...
Post a Comment
Read more

Territory and Jurisdiction in Insurance Policies

  On scrutinizing a policy one can get an understanding of the cover offered, period of insurance and other aspects of the policy are covered.   On close examination of the policy the territory and jurisdiction are mentioned as India. Till the recent past, these limits were hardly significant in an insurance claim. However, the significance of the terms holds relevance in the global scenario today. Let us look at these aspects in more detail and why they have gained significance today. What is territory limit in an insurance policy? Territory limit is the area where the policy will provide cover to the policyholder. Insurance policies are generally issued with India as the territory. This means that the country of operation for business, residence, travel, transits and other insurance covers is India. Suppose someone who is travelling outside India requires a cover for extended territory then he has to place the request with the insurance company and they may consider ...
Post a Comment
Read more

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