Things You Must Know Before Buying Mediclaim Policy in India

After 2009, medical expenses is gradually hiked;insurance company provide their services based
fortunately in India, the medical services areon the annual renewal or annual subscription basis.
cheapest along with world-class medical serviceIf you want to take full benefit of health
facilities.insurance you must renew your policies.
Everybody is aware of mediclaim policies, but6. Check your risk coverage time to time- it is a
they have two questions. The first question is -good practice to make a review time to time,
how it will help me? Well, if you are hospitalized,you or your family covered with enough risk
and you need a lot of money for your treatmentcoverage or not.
- a standard health insurance will help you to take7. Before buying any mediclaim policy, you need
medical services cash-less. Any standard healthto know their process to make a claim.
insurance includes nursing, surgery, medicines, etc...8. Keep your entire medical related document in
And the last question is - where to buy a healththe same folder. If you lost your insurance card,
insurance? You can buy your mediclaim insurancethen it is difficult get treatment from network
directly from a service provider or you can buyhospitals.
through their intermediaries. However, wait for a9. Claim your amount in proper time, usually
while, before buying check the intermediaries areevery company asked for the related documents
affiliated from IRDA (Insurance Regulatorywithin 30 days. You must submit your document
Development Authority) or not.before that.
Here is a brief how-to guide for buying insurance -10. Before buying any health insurance check the
before going to purchase any health insurance,policy provides cash-less treatment facilities or not
you mast check following 10 steps.because the norms of cash-less mediclaim policies
1. Make your mind up on how many familyare different from others.
members that you want to include in yourThis is a small list of most popular health insurance
mediclaim policy.available in India -
2. Make your mind up on how much insurance1. STAR Health Medi Classic
coverage you need2. IFFCO Tokio Individual Medishield
3. Make a short research on similar services with3. Bajaj Allianz Health Guard Policy
special features like critical illness or some otherFinally, Your Rights! - In case of delay of your
features.claim or non receipt of your claim, you can
4. Before buying any health insurance, you needdirectly communicate Consumer Grievance Cell of
to check one more thing, if your age more thanthe Insurance Regulatory and Development
45 years; you need to undergo a medical checkupAuthority (IRDA). They were specially taking care
including diagnostic tests.of those issues and resolve them as soon as
5. Annual Renewal - is most important for healthpossible.
insurance, because the maximum number of