In the post-corona world, as people become more alert towards better health care practices, health insurers need to adopt a new sales pitch for them as well.
A comprehensive health insurance policy is an absolute necessity and its importance cannot be emphasised enough.
A policyholder is eligible for tax exemption under Section 80D of the Income Tax Act for the premium paid.
Illnesses like cancer, stroke, kidney failure, etc., are some of the examples of critical illnesses that have severe financial and health consequences.
What happens if your medical costs for a year run over the Sum Insured by your policy?
The No Claim Bonus (NCB) is a key feature of any insurance policy and is offered as a reward to the policyholder for not making any claims in a particular policy year.
Copay is a feature present in some health insurance policies that refers to a percentage of total medical cost that would be borne by the policyholder.
The basic objective of wellness returns features in a policy is to promote, incentivise, and reward policyholders for adopting healthy lifestyle practices.
Health insurance policies provide for free medical checkup to its policyholders but there are many misconceptions associated with it and many policyholders do not opt for it.
As an employer, choosing the right group health insurance for your employees could be a difficult task.