The first thing or step in the claim process is to intimate the insurer in writing or call on their customer care number
Here are a few points to consider before buying a health insurance policy.
A nominee can be anyone from your family members, including parents, spouse or siblings in certain cases.
Most salaried individuals have multiple policies – a personal policy and a group policy.
Policybazaar.com reported that the premium paid for buying a term cover in India is cheaper by 20% to 40% as compared to any other country
Undergoing a medical check-up ensures that the applicant is selecting the right plan that fulfills the in-future required health demands.
In most cases, the nominee in insurance policies is a close relative.
Govt insurance schemes inducted 65 crore beneficiaries between 2015 and 2021, while 17 crore bought 17 crore policies
Ideally, two health insurance policies, one individual and one group policy, would work fine
The most important thing for a policyholder to view is the guaranteed returns mentioned in the benefit illustration table