Health Insurance

All FAQS related to Health Insurance

Can I transfer my health insurance policy to another insurance company without losing renewal benefits?
Yes, you can transfer a policy from one insurer to another, and also from one plan to another. The insured will lose no renewal benefit for pre-existing hea...
Tue, 6 Sep, 2022 at 10:43 AM
Does health insurance premiums get affected, if insured is having a smoking habit?
Yes, smoking habit will increase the premium amount.
Tue, 6 Sep, 2022 at 10:44 AM
Health insurance covers any kind of charges like MRI, X-Ray or any other body scans?
Yes, medical tests and scans are covered for the inpatient treatment, i.e., during hospitalization for at least 24 hours.
Tue, 6 Sep, 2022 at 10:44 AM
What is a cashless claim?
A policyholder can get treated in any network hospital without paying hospital bills because the same is paid directly by a Third-Party Administrator (TPA) ...
Tue, 6 Sep, 2022 at 10:44 AM
Does health insurance give tax benefits?
Yes, Health insurance offers tax benefits on the premium amount paid. Your health insurance premium is tax-deductible under Section 80D of the Indian Income...
Tue, 6 Sep, 2022 at 10:45 AM
What is not covered under a health insurance policy?
Any pre-existing illness, usually is not covered under a policy. Also, the majority of the policies generally exclude certain types of diseases in the first...
Tue, 6 Sep, 2022 at 10:45 AM
What is the meaning of the waiting period in health insurance?
There is a 30-day waiting period when you buy a new policy, starting from the day you enroll in the health insurance. Also, there is a pre-existing disease ...
Tue, 6 Sep, 2022 at 10:45 AM
What is a pre-existing disease or PED?
Pre-existing diseases refer to medical conditions that intending policyholders are already suffering from while purchasing an insurance policy. This is an i...
Tue, 6 Sep, 2022 at 10:45 AM