I am 30 yr old married with one kid earning around 3L per annum . please advice as to a suitable mediclaim policy which would cover all my needs. Also pls guide on the factors to look out for while buying one.
Kindly advice if I should go for GOVT OR PRIVATE Co.?
Parents are already covered under a health insurance floater policy. The 2 month old baby cannot be added to this policy. Is it possible to get a standalone health insurance policy for this baby?
Re: FLOATER POLICY
by sumit mukherjee on Apr 20, 2010 02:47 PM
it would be better if you consider taking individual policies rather than a floater. the reason is that if one person is taken seriously ill, it may exhaust the entire limit of the floater policy and then the rest of the family remains without insurance. However, if there are constraints then you can opt for a floater. National is good, so is United India. you may want to look at the policies of Apollo Munich or Bajaj to take an informed decision.
I AM 50YRS OLD.WIFE 46YRS.CHILDRENS 18&13YRS. WE DO NOT HAVE ANY MEDICLAIM POLICY. KINDLY ADVICE WHICH INSURANCE CO. TO CHOOSE, GOVT OR PRIVATE? I AM LOOKING TO COVER MY WIFE & CHILDRENS UNDER MEDICLAIM. WHAT WILL DETERMINE OUR HEALTH INSURANCE PREMIUM AND WHAT FACTOR SHOULD I BE AWARE OF BEFORE SELECTING MEDICLAIM? MR.S.R.PITALE
Please inform if any isuers are offering policies with coverage of existing ailments ( like cardiac cases) also either by charging extra premium or through a rider or otherwise also.Please inform briefly about limitations of such policies and approximate financial implications.
Re: Health insurance policies which cover existing ailments also.
by sumit mukherjee on Apr 20, 2010 12:00 PM
Apprently, there are a couple of policies which claim to cove rpre existing diseases from Bajaj Allianz and Star Health.
There is always confusion in selecting the Health Cover as the terms/scope of policy is not similar in relation to the premium charged. Very often changes are happening and difficult to keep a track. While taking the policy the coverage, price etc may be very good but after one/two years the policy terms are being changed taking reference to the loss ratio etc., The customer/insured is compelled to continue the policy with the same insurer at extra cost (without his fault or even without he claiming any loss) as certain benefits like waiver of preexisting after 4 years of insurance etc., will have to be lost if shifted to some other company. Migration of policy from company to company at the time of renewal should be brought by allowing the general benefits of the previous policies.
