Today, in India, people's awareness of individual health insurance policies is increasing. Many first-time buyers, especially the elderly, find it challenging to decide which policy to buy and whether they have a treatment disease.
Most Indian health insurance companies already have “ in condition, and there are or treated injuries or related conditions within 48 days before the patient purchases the health insurance policy from ”. Existing conditions should not prevent older people from buying health insurance policies, because insurance companies have developed special plans for them.
Health insurance purchase is required:
Some drug insurance policies do not include previous provisions but include other provisions. If you want to avoid financial losses during a medical emergency, it is important to take health insurance. If the patient of the insurance investigator is not old, this should not be a barrier to buying or worrying health insurance.
Existing Condition Coverage:
How can we determine the already existing situation when buying health insurance? Policy buyers should state the illness or injury contract that has ended for more than 48 months to purchase the policy. Once announced, the insurance company will decide whether to pay the cover and save the amount and spend the premium. This decision remains in the insurance company and may refuse to provide insurance on a specific basis in accordance with the provisions.
Adults and previous coverage:
Many employers offer existing insurance benefits under a collective health insurance that prompts them to avoid buying personal health insurance. This may not be a sensible option because it cannot rely on collective insurance coverage after retirement. Here is the need for personal health insurance. Initially there is some waiting time, and at the end of the waiting time, there will be uninterrupted coverage for the holiday after the insured leave.
Example of rejecting coverage:
All insurance companies have their conditions. They decide to protect or cancel the person's criteria as before. For example, if the person has renal failure, it is impossible for him / her to get health care. For those with diabetes or high blood pressure, insurers can call the basic, intensity, and disease type.
Compare waiting time under medical:
The individual drug policy provided to Indian insurance companies includes provisions that existed before a fixed waiting period. It is best to understand the waiting time of insurers when comparing policy and making intelligent decisions. Waiting time may vary by policy, may be a few 2 years, and some may be 4 years.
Why don't your insurance companies change?
If the policyholder is already experiencing an existing situation, he should think twice before moving to the insurance company during expansion. As described above, the waiting time can vary from 2 to 2 years, and if you change insurers, the new insurer will start waiting again.
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