Whether you have a job or are running your own business, arranging large funds due to sudden hospitalization comes as a shock to us. No matter how much savings you have, you might have set in your mind to spending them on having a better lifestyle. Under such sudden circumstances, it becomes extremely hard to pay for the hospital bills.
Caring for yourself and your family comes first, and financial planning for it will make the process of health care a smooth and balanced one. Having a mediclaim policy is one of the best ways to do this.
What is Mediclaim and How is it Different From a Health Insurance Policy?
In general terminology, a Mediclaim policy covers you for hospitalization costs whereas health insurance is a comprehensive policy. But otherwise, a lot of companies use the Mediclaim policy and health insurance interchangeably.
So there are multiple types of Mediclaim policies targeted for specific purposes.
Individual Mediclaim Policy: For a single person, this policy covers a range of health care and medical expenses for the desired sum insured. It can usually be renewed each year for as long as required.
Family Floater Mediclaim Policy: This mediclaim policy casts an umbrella cover on all the family members. As it covers multiple individuals, the sum insured is usually higher with a higher premium. It helps to take care of your entire family with a single policy.
Senior Citizen Mediclaim Policy: These policies are dedicated to mediclaim senior citizens and have a vast range of benefits for the elderly. These usually have a high insured sum value as any expenditure on surgery and hospitalization at old age would be expensive.
Critical Illness Mediclaim Policy: Extreme Illnesses that are common and require hefty amounts for hospitalization and medical care are covered in this policy.
Religare’s Care Mediclaim Policy
Religare gives you various options for individual mediclaim policies along with floater policies to fit every individual and family. Religare health insurance is known for its brilliant support staff and simple processes to apply for insurance as well as making claims. With the Religare Mediclaim Policy, you can make sure that you and your family are covered whenever a sudden medical need arises.
There are different types of Mediclaim policies at Religare.
- Cancer Mediclaim Policy
- Heart Disease Mediclaim Policy
- Operation Mediclaim Policy
Apart from this, you can also choose from the various plans offered. Depending on your needs and the policy you pick, the mediclaim policy can cover you from Rs. 4 lakhs to Rs. 6 crores. Some plans also allow you to claim the policy in foreign countries for special treatments.
How is a Mediclaim Policy Beneficial?
Financial Flexibility: Medical expenses can shoot up drastically when it is for multiple people in the family. There is no way to tell how and when you fall ill, but you can make sure you are covered to handle them in the best possible way. Small premiums each month will keep you secured all year and also go easy on your pockets.
Tenure of Your Choice: You have the option to keep the insurance active for as long as you wish. You have full control over your policy, and you don’t have to commit to huge amounts if you’re not sure about your future earning capability.
Tax Benefits: Losing hard-earned money in the form of taxes is a pinch to every household’s income. Under Section 80D, you are eligible for tax deductions if you have a mediclaim policy.
Cover for Expensive Treatments on a Cashless Mediclaim: When a dear one is under treatment, you need not worry about having liquid cash in your hand for the hospital bills. The Religare mediclaim policies cover you with the help of a card on behalf of the insurance company. Whenever you need to pay the bill, just hand over the card to the hospital and Religare will take care of the bill for you.
All in One Critical Illness Policy
Amongst the different plans offered by Religare, there is one comprehensive plan that keeps you completely covered. Critical illness insurance covers cancer, heart disease, and operation mediclaim policies and is called a Super Mediclaim Policy. Some of its features include covers for,
- In-Patient Hospitalisation for emergencies or planned hospitalization
- Day Care Treatments where temporary hospitalization for less than 24 hours is required
- OPD Expenses
- Chemotherapy and Radiotherapy for cancer patients to ensure most benefits received in recovery from cancer
- Dialysis for a specific number of sessions or fixed amount
- Organ Donor Cover where expenses to find the donor and cost of organ donation are covered
- Alternative Treatments recommended are also admissible under the policy depending on the case
- Pre-Hospitalisation and Post-Hospitalisation expenses
- Ambulance and Air ambulance charges
- No Claim Bonus for the years where you don’t make any claims
- Annual Health checkup which is comprehensive and keeps you updated with your health
- Global Coverage offered to make sure you get the best treatment from a panel of hospitals around the globe
- Room charges along with any upgrades
- No limit on the coverage for ICU charges
You can use the Mediclaim premium calculator on our website to understand your requirement and how much premium you might have to pay to get the required cover.
2018 ·