Published in the Mint on October 1st, 2013, Written by Kapil Mehta I am told that some insurance plans cover pregnancy. What is the kind of cover provided? My wife is six months pregnant. Can I take a cover for her? —Karthik Bhat Individual health plans cover maternity costs but only after a certain waiting […]
Articles Tagged: health insurance
Why should one buy a separate Senior Citizen Policy?
Why should one buy a separate Senior Citizen Policy? Senior citizen parents need health insurance coverage because they face frequent medical ailments given their age. That is why it becomes important to get coverage for senior citizens under a health insurance plan. Under family floater health insurance plans, dependent senior citizen parents can be covered […]
Age required to Buy a Senior Citizen Insurance Plan
Senior citizen health plan are specifically designed to provide coverage for older individuals. Senior citizens aged 80 years can avail comprehensive health coverage under suitable insurance plans. Age consideration is crucial when buying a Senior Citizen Insurance Plan in India because it determines the eligibility, premium cost, and coverage options, ensuring suitable coverage for the […]
Motor insurance covers primary and non consequential damage
Published in Mint on Nov 12 2013, Written by Kapil Mehta I own a car which is used only in my farm and we do not take it out on the roads. Can I get this car insured? If so, what will be the cost of premium? —Akhilesh You must insure your car. It is mandatory […]
Buy insurance that requires proper medical check-up
Published in Mint on 10th June 2014, Written by Kapil Mehta I was told that online plans do not require a medical check-up. If I buy insurance without a check-up, will there be a problem at the time of claim? —Deepesh Rathi Online plans do require a medical check-up, especially if the sum assured is […]
Inform your insurer of hospitalization within 24 hours
Published in Mint on 4th February 2014, written by Kapil Mehta I am 69 years old and my wife is 63 years old. We already have a health insurance policy (for Rs.5 lakh), which is up for renewal in the next 10 days. I have also taken a policy for my son (35 years) and […]
Reimbursement vs Cashless Claim Settlement Process
Health insurance plans have two types of claim settlement processes: cashless and reimbursement. What is a cashless claim? Any policyholder can get medical treatment i.e planned and emergency hospitalization at a hospital listed in the network by the insurer/TPA without having to pay. The cashless request also can be initiated prior to the admission date […]
The smart way to manage money: insure your health, wealth and house
Published in Mint, written on 30th March Panellists discussed the roles of health, life, vehicle and home insurance in managing our money box. Participating in the discussion were: Kapil Mehta, co-founder, SecureNow Insurance Broker Pvt. Ltd; K.S. Gopalakrishnan, managing director and chief executive officer, Aegon Life Insurance Co. Ltd; K.V. Dipu, president and head of […]
Medical conditions should be disclosed while buying mediclaim
Published in Mint on 15th April 2014, Written by Kapil Mehta What does it mean when one is asked to claim for domiciliary hospitalization? —Chandana Domiciliary hospitalization refers to treatment that under normal course would have required hospitalization but was taken at home instead. The reason for taking the treatment at home should be that […]
What is the difference between mediclaim and health insurance?
Health insurance policies are usually called mediclaim policies because, in earlier years when the health insurance concept was new, there were few health insurance policies in the market. And they went by the name of mediclaim. See What is the difference between mediclaim and health insurance? Even today, when there are hundreds of health insurance […]