Two Wheeler Insurance Services

What is a health insurance policy?

Health insurance policy is a type of contract between the insurer and policyholder defining the financial coverage that pays for medical, surgical, prescription drugs and dental expenses incurred by the insured. Aditya Birla, Bajaj Allianz, DIGIT, Future Generali are few companies that provide health insurance.

What is Two Wheeler Insurance?

Why should you choose health insurance plans in India?

    The cost of healthcare is increasing and with the growing pandemic on our hands, let Bazaar Indicator help you choose the right health policy. Cashless medical treatments, hospitalization expenses, ambulance fee, No Claim Bonus, medical check-up facility, co-payment arrangement between insured and provider, tax benefits, pre-existing disease cover, are few benefits outlining the importance of health policy.

Types of Health Insurance plans in India

It is possible to get the best medical treatment without making a dent in your pocket. Bazaar Indicator will help you choose the right policy based on your needs. Let’s browse several types of health insurance that are listed below.

  • Individual Health Insurance Plans

    This plan provides cover to a single individual for their medical expenses, hospitalization daily allowance, tax benefits, etc. Under 80D of the Income Tax Act, the premium paid on a health insurance policy is eligible for deduction up to Rs 15,000 for individuals.
  • Family Health Insurance Plans

    Family Floater Health Insurance Policy offers benefits to a family. It covers doctor consultation, pre & post-hospitalization expenses, ambulance cover, etc. Kids, spouses, dependent parents, in-laws and siblings can be part of the family plan. The extensive coverage can be divided among the members equally or can be availed by one member of the family.
  • Senior Citizen Health Insurance Plans

    Elderly over the age of 60 with serious health issues are better covered under Senior Citizen Health Insurance Plans. Check out the policy in detail on Bazaar Indicator. Premium is usually high on this plan, but then so are the tax benefits.
  • Critical/Catastrophic Illness Insurance Plans

    Such plans are for big health emergencies like heart attack, cancer, stroke, organ transplant, etc. Traditional Health Insurance Plans can’t cover the exorbitant amount of treatment. Non-medical costs like transportation, child care, etc. are also covered.
  • Maternity Health Insurance Plans

    It takes care of the medical expenses of pregnant women- 30 days pre-hospitalization care and 60 days post-hospitalization care, delivery expenses, pre and postnatal expenses and baby cover. Take this insurance via Bazaar Indicator before the pregnancy, not after to avail the benefits.
  • Employee/Group Health Insurance Plans

    This plan covers for a group of people who work under the same organization. The coverage can be extended to spouses and dependent parents. The employer pays the premium on this plan.
Two Wheeler Insurance Companies

What will be included in Health Insurance?

Health insurance works differently than any other insurances. Here, the insurance provider and type of policy decide the ideal health insurance. The health insurance overs:

  • In-patient hospital expense.
  • Pre-existing illness or disease.
  • Pre and post hospitalization.
  • Ambulance charges.
  • Donor expenses for organ transplantation.
  • During minor injuries overnight hospitalization.
  • Maternity or newborn.
  • Health check-ups.
  • Domiciliary hospitalization.
  • Daycare procedure.

What will be excluded in health insurance?

The health insurance differs from insurer to insurer. However, there are some similar points that fall under this category.

  • Until an emergency, there is usually a 30 days buffer during the initial period.
  • Coverage of long existing disease or critical illness starts after 2-4 years of lock-in period.
  • Expenses during maternity or newborn are excluded until the policy has a special clause.
  • Any injury due to war/suicide attempt/nuclear activity/ terrorism etc.
  • Aids, terminal illness etc.
  • Cosmetic/ plastic surgery, replacement of hormones or sex change etc.
  • Non-allopathic treatment.
  • Dental or eye surgery.
  • Bed-rest/hospitalization and common illness and rehabilitation.
  • Treatment/ diagnostic tests, post cares procedure.
  • Abroad treatment or by an under qualified medical professional.
Types of Bike Insurance in India
Do you want to invest?
all over in
Happy Customers all over in India

Disclaimer*: The information given on this website is general and not targeting any person's situation. It's only for knowledge purpose. The strategies and recommendations given by the research team are their personal views so we do not take any guarantee of profits. Our team gives the advice as per the situation of the market, the final decision of investment will be completely yours. We advise you to not follow the past performance blindly because it's not an indicator of the future returns. Investment in the stock market is subject to market risks. We advise to read the documents carefully and take the advice of your financial advisor before making any type of investment. We are not individual financial advisor and do not take any responsibility of profit or loss. You can't take any legal action on us regarding the profit or loss through our financial advice.

© 2020 Bazaar Indicator. All rights reserved.
Powered by: