Even though Term Insurance policy is must for you to provide financial support to your family in your absence but it will not suffice your requirement in
case of hospitalisation where no death occurs.
While health insurance will cover your medical expenses in
case of hospitalisation, a critical illness plan or rider will provide a lump sum amount upfront on diagnosis of any of the listed critical illnesses, such as cancer.
This policy covers room rent in
case of hospitalisation, pre-hospitalisation expenses and post-hospitalisation expenses in case of a surgery, ambulance expenses and also provides a daily cash benefit.
Additionally, the scheme allows for a transportation costs worth Rs 250 in
case of hospitalisation.
This policy offers private room facility in
case of hospitalisation and one free medical check - up every year.
Family transportation: In
case of hospitalisation outside 150 kms of residence, expenses of transportation of immediate family member is borne subject to maximum of 50000 INR.
In
case of hospitalisation outside 150 kms of residence, and within 365 days of the accident; expenses of transportation of immediate family member is borne subject to maximum of 25000 INR.
In
case of hospitalisation at any non-network hospital or a cashless claim denial at any network hospital, you will be required to pay the medical bills directly out of your own pocket and can request reimbursement within a period of 7 days of discharge.
Not exact matches
«Perhaps we should be analysing every
case of influenza that results in
hospitalisation,» she suggests.
For example, in the UK,
cases of food allergies have doubled in the last decade and the number
of hospitalisations caused by severe allergic reactions have increased 7-fold.
Some hit buildings, other cars, or even their own drivers, and reports
of injuries include three fractured pelvises and four other
cases requiring
hospitalisation.
My main concern is to take care
of my
hospitalisation expenses in
case of accidents.
33 %
of the
cases developed complications during
hospitalisation, the more common
of which were: sciatic nerve dysfunction (10 %), tissue necrosis (4 %) and urinary incontinence (3 %)
As in civil
cases, it is the legislature that makes an expert opinion mandatory in certain
cases: to determine the existence
of a mental disorder which would give the perpetrator diminished criminal responsibility (Bulgaria, Hungary or Poland), in order to determine the causes
of a victim's death (Czech Republic and Latvia) or when immediate
hospitalisation is contemplated (Hungary).
On the other hand such plans do not cover your daily OPD needs or less than 24 hours
hospitalisation, which you may need for
cases such as cataract, or minor surgical procedure, along with a host
of other benefits like pre-
hospitalisation expenses, ambulance charges, etc..
The purpose
of insurance is to help a person reduce his financial burden in
case of any sudden and unforeseen incident that might result in huge financial liabilities such as
hospitalisation expenses due to a sudden illness.
According to sources, students are entitled to monetary compensation from the school in the
case of an accident, loss
of limb or
hospitalisation for more than a day.
In
case of a planned
hospitalisation at any network hospital, inform the insurance company at least 3 days before admission.
The Individual Medishield Policy provides cash - free
hospitalisation in more than 3000 hospitals across India in
case of illness or an accident resulting in
hospitalisation.
In
case of a planned
hospitalisation, you have to narrow down on the choice
of hospital from the network
of hospitals provided by the insurance company.
This plan will offer life cover
of Rs 1 lakh to the family in
case of death, critical illness and other
hospitalisation costs under Rs 20,000 - 30,000.
In that
case, the lumpsum paid on account
of the rider can take care
of hospitalisation expenses, before the death benefits are paid to the family.
For example: In
case of ICICI Lombard «Personal Protect» policy, «Optional coverage against Accidental
Hospitalisation Expenses and Accidental Hospital Daily Allowance» is provided.
The initial waiting period is generally the first 30 days from the date
of the policy being issued, except in the
case of accidental injuries or
hospitalisation.
Solution: In
case of planned
hospitalisation, seek the insurer's approval well in advance.
As medical insurance assures your financial security in
case of an accident, by paying for the medical expense or
hospitalisation bills, by keeping this document with yourself, you can safeguard your trip.
It will guard the expenses incurred on
hospitalisation including charges for a room in
case of any medical emergency.
While health insurance covers
hospitalisation and term insurance will help take care
of your family's financial needs in the
case of your demise, neither provide financial assistance if you should be partially or fully disabled either temporarily or permanently.
However, this might not be sufficient in
case of any complication which demands extended
hospitalisation and medical care.
Tata AIG Wellsurance offers a bundle
of health insurance benefits right from covering
hospitalisation expenses to children's education benefit in
case of accidental death.
Mostly, the settlement amount always includes the medical and
hospitalisation expenses in
case of bodily injury or partial disability.
In
case of some policies, pre-existing diseases are never covered under the Critical Illness rider offered (
hospitalisation expenses are covered under the health cover).
In
case of a medical emergency, the policyholder simply needs to visit the hospital that is empanelled with his / her insurance provider and inform the company about the
hospitalisation within the stipulated time.
In
case of pre-planned
hospitalisation, the policyholder must contact the TPA and get all the necessary approvals beforehand.
Health insurance is no less than wealth insurance for salaried employees — it functions as a financial safeguard in
case of unforeseen health problems / accidents /
hospitalisation for themselves or even for their family member (s).
Mediclaim Insurance takes care
of medical expenses following
Hospitalisation / Domiciliary
Hospitalisation of the Insured in
case of in
case of a sudden illness / accident or any surgery.
However, the coverage provided in such
cases might not be sufficient to take care
of the spiralling
hospitalisation bills say 10 years from now.
In
case of silver plans the deductibles will be applicable for every
hospitalisation.
A personal accident policy provides for a lump sum benefit in the
case of an accident whereas a comprehensive health insurance policy provides for reimbursement against
hospitalisation due to any illness or accident.