What are the Advantages and Disadvantages of NHIS?

Advantages of National Health Insurance Scheme are Pre & Post hospitalization expenses, Medical Consultation and treatment, Cashless treatment & Paperless Transactions, and Natural Deaths, partial disability or permanent disability due to accident. Disadvantages of National Health Insurance Scheme Rise of Hospitalization expenses, Out-patient services, Cheap treatments, Add-on Cost by hospitals, Minimum cost coverages, Health insurance covers for small group of peoples, Doesn’t cover for injury due to war, etc...Read More

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What is Waiting Period in Health Insurance?

In Waiting period you must wait for a specified amount of time before you make a claim. But you cannot claim some or all benefits of the health insurance from your company. The initial waiting period or 30 day waiting period is the time where the customer has to wait before making a claim under the health insurance policy. Any accident-related claims are exempt from this waiting period rule. This is also added to prevent people from taking health insurance only at the time of illness.

What is Medical Insurance?

Medical insurance or Health insurance is the kind of insurance which covers the medical costs related to hospitalization and other related expenses. Medical insurance also known as Health insurance is the most sought insurance due to the rise in healthcare costs. Medical insurance covers the expenses related to hospitalization due to illness or disease or an accident. For best medical insurance quotes please visit our portal or dial 1800-123-4003 to get advice from our health insurance expert.

What is Health Insurance?

Health insurance is an agreement between the insurance company and the insured customer where the insurance company agrees to settle the claim in case of hospitalization due to an accident or illness in return for a considerable amount to be paid which is known as Premium. The agreement is valid only for a period of the mentioned policy term after which the policy has to be renewed.

What are the Diseases covered under Star Health Insurance?

The diseases are covered under star health insurance such as Genetic disorder, infertility, child worth or pregnancy related complications, congenital disorder, piles, hernia, brain Tumour, Cancer, or Chronic Kidney Disease, major organ transplant, and many others covered under star health insurance.

What is Restoration benefit in Health Insurance?

Restoration benefit in health insurance is the process of restoring the sum insured upon partial or complete exhaustion. Normally all the health insurance policies provide restoration benefit to their customer once during the policy period. The restored sum insured cannot be used for the treatment of same illness by the patient. The sum insured under the policy would be restored to the normal value after it is utilized partially or completely.

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What happens if wrong information in the proposal form?

The wrong declaration in the proposal form affects you in a long way your claims get rejected in the future and the beneficiary coverage may not be supposed to be done, and the premium will be high.

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