Owing to the exorbitant hospitalisation cost, accessing required medical facilities has become financially challenging. As a result, a chunk of the population relies on health insurance policies to secure their financial well-being in such instances. Investing in a proper health insurance plan brings monetary relief and easily helps one sail through a medical contingency.
Hence, it is imperative to know the availability of the best health insurance plans, ensuring applicants get adequate compensation. Moreover, with the rising popularity of online services, one can now search and compare policies and apply for them accordingly.
To avail of the benefits of the health insurance plans, one needs to have a well-rounded idea regarding the varied plans and select the one which serves the purpose effectively. Here is the list of India’s top health insurance policies:
|Top plans||Benefits||Network hospitals|
|Bajaj Allianz Health Insurance||
|Aditya Birla Health Insurance||
|Niva Bupa Health Insurance||
|ManipalCigna Health Insurance||
Searching for the appropriate health insurance policy can be a tedious job; however, with the help of the details mentioned above, applicants can easily select from the most popular health insurance policies and secure their finances from medical uncertainties.
Besides knowing the varied health insurance plans, proposers should also have a deep insight regarding the following factors to get the health insurance plan –
Furthermore, an applicant should also be aware of the waiting period to choose the best health insurance policy. During the waiting period, an insurance provider will not accept any claim from a proposer. An applicant can claim for a policy only when the period is over. The waiting period applies to specific pre-existing ailments like blood pressure, thyroid, diabetes etc. Hence, a proposer should choose an insurer that provides a minimum waiting period.
To sum up, health insurance policies are the ideal way to cope with hefty medical expenses and help one manage his/her finances effectively. However, a proposer must have thorough knowledge regarding different health insurance plans obtainable in the market to make an apprised decision before availing of one.
With each passing year, where other insurance premiums tend to rise, car and bike insurance have a beneficial NCB, bringing down premium amounts.
No Claim Bonus is simply a perk given to policyholders for not making a claim in previous years. NCB in motor insurance can fetch up to a 20-50% discount on the payable premium amount by maintaining a claim-free record. NCB is not related to the make or age of the vehicle but solely on the claim record of the policyholder.
While purchasing a comprehensive motor insurance policy, you are generally not eligible for NCB unless in the case of NCB transfer. The policyholder will be eligible for NCB on the first renewal of the motor insurance policy, starting from 20%. This is applicable only if no claims have been made in the preceding years. The discount increases with every claim-free year up to a maximum of 50% at the end of five claim-free years.
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