Time Along with the need and importance of health insurance is increasing. It protects us from unpredictable expenses in an accident or disease and also protects our savings. It is very important to take care of certain things while buying health insurance. Let’s know some such important questions that you should ask while buying health insurance.
Which diseases will be covered
The first and essential question is that which diseases your policy covers. Make sure that you understand all the diseases and conditions that are involved in it, so that you do not have to regret later.
How much will the No-Clam bonus (NCB) get?
If you do not claim any policy year, insurance companies increase your insurance amount next year. This is called no-calm bonus. While purchasing insurance, you must ask how much no-calm bonus the company provides. This is a great way to increase your cover over time.
What is the waiting period?
Most policies have a waiting period for coverage of pre-existing diseases. According to the rules, a maximum 3 -year waiting period may be for chronic diseases, but many companies start giving coverage only after 2 years. While taking the policy, make sure that the coverage of your disease will start meeting after how many years.
What is not the cover in the policy?
Every insurance policy has some exceptions, that is, some things that are not covered. It is very important to know what will not be covered in your purchased policy. With this, you can avoid problems like claim rejecting in future.
How is Claim Settlement Resho (CSR)?
This is a very important factor. It is very important to know how is the claim settlement ratio of the company you are buying the policy. It explains how efficient and reliable the company is in disposing of its customers’ claims. Always buy policy from companies whose claim settlement ratio is good.
What are the partner hospitals?
Insurance companies partner with hundreds of hospitals. But it is very important to find out whether your policy includes a better hospital near your home. It should not happen that the policy you have purchased should not be convenient and good hospitals available for you, especially in emergency.
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