Illnesses like cancer, stroke, kidney failure, etc., are some of the examples of critical illnesses that have severe financial and health consequences.
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.
Women are vulnerable to certain illnesses like breast cancer, osteoporosis, anaemia, etc., at a greater degree and there are maternity-specific health considerations that affect only women.
There are numerous costs associated with child care beginning from prenatal, birth, post-natal, and the care even beyond that crucial period in the child’s life.
If you feel that you have been cheated, not provided with adequate services, neglected, or have other grievances with your insurer than you have the right to file a complaint against them.