Should You Have Medical Policy For Long Time

Should You Have Medical Policy For Long Time

Did you know there is a health insurance product called long term health insurance? If not, read on to know what it means and how it can benefit you. With rising health costs in the country, many average middle class families are left worried. One single admission in the hospital can completely drain one of their savings. Hence, many are looking for economical ways to deal with medical issues, without burning a hole in their pockets. One such method is getting a health insurance. A health insurance plan financially secures…

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Types of mediclaims in India

Types of mediclaims in India

Cashless mediclaim has recently become popular among policyholders. Read this article to know the benefits of a cashless mediclaim policy. What is Cashless Mediclaim? Cashless mediclaim is a feature in which medical/hospital bills are directly settled by the insurance company. The insurer has a list of network hospitals where cashless mediclaim services are provided, as long as the total amount falls within the sum assured limit. Cashless facilities provide relief in case of an emergency where the family might not be able to make substantial monetary arrangements for the medical…

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