"Some of the advantages of having a health insurance policy are that if one happens to get sick, they will be covered by their medical insurance. If one is not covered the costs for medical care can be detrimental."
Guardian Health Insurance is a company that offers a reasonable deal for many people. One advantage of having such a policy is that one can be treated in a private room rather than on an open ward, another is prompt treatment.
NO
The expenses which do not come within the purview of Health Insurance Policy (duly provided in the Mediclaim Policy Prospectus) are called Health Insurance deductibles.
Now a days there are many Insurance provider companies offering range of medical Insurance policies, like; individual health Insurance policy, family health Insurance policy, group health plans and others. HDFC ERGO is one of the leading health Insurance policy provider, you can check HDFC ERGO's health policies.
An insurance policy gives you peace of mind. If you get sick, the insurance policy will help make sure you are able to pay your medical bills.
No. Only legal dependents can be added to your health insurance policy.
'Not applicable' in Health Insurance policy menas the terms that dod not come under the purview of the health insurance policy and should be ignored. It has to be ascertained carefully whether the 'not applicable' conditions affects the insurable interest of the policy holder.
In India, LIC of India sells health policy viz., Jeevan Arogya. But technically, health insurance policy comes within the purview of general insurance. Star Health & Allied Insurance Co.Ltd. in the general insurance sectors sells only Health insurance polcies.
The biggest advantage for having an All Risk insurance policy is that it covers many perils that may happen to a property, unless the event is specifically excluded in the policy. All Risk policies are usually only written for propery insurance.
when we apply for a health insurance policy then they divide according to state your in and then each state have an separate insurance commission under them they will be employees. Those employees can regulate the health insurance policy. For more details click here http://www.searchadeal.in/health-insurance-policy.php
Some health insurance plans offer a AD&D Life Insurance Policy. That is why you would name a beneficiary for a health insurance company.
A renewable policy allows the policyowner to renew the coverage simply by paying additional premiums before the termination date without having to provide evidence of insurability (i.e. proving good health)Note: most insurance providers limit the number of times you can renew such a policy or set an age limit for renewals so make sure to pay attention to this when shopping for term life insurance if you plan on renewing your policy for some time.