Top Add-ons That You Should Include with Your Car Insurance

 

 Add-on covers basically stand for additional covers that you can opt for added protection to the motor vehicle. However, you need to keep in mind that you will have to pay an additional premium to enjoy the benefits offered by these add-on covers.

All the insurance companies have several add-ons on offer with their car insurance. Here, we are going to discuss some of the top additional covers that you should consider buying:

●        Engine and Gearbox Cover

The add-on cover provides you with much needed monetary protection in case your car breaks down due to any damage to the internal parts of the engine and gearbox.

●        Key Replacement Cover

This add-on the cover offers coverage for the costs incurred to replace the vehicle lock and key in case it’s lost or stolen. This add-on cover is valid for up to 2 claims in a policy term.

●        Roadside Assistance

With the roadside assistance add-on cover from, you won’t be trapped in a situation where your car breaks down in the middle of the road. You can get instant help with just one call, any time of the day or night. The services offered under this add-on cover include repairs, changing flat tires, towing facility, emergency fuel refilling, etc.

●        Zero Depreciation Add-on Cover

Zero Depreciation cover is also known as Nil Depreciation Cover or Bumper to Bumper cover. When you include this add-on cover with a car insurance policy online, you don’t have to pay depreciation on expenses of replaced or repaired parts like fiber, plastic, glass parts, and rubber.

●        Ambulance Charges

This add-on car insurance is designed to cover the costs towards transportation of the insured a person in an ambulance to the hospital.

So if you are looking for a good deal on your car insurance renewal, click here and instantly renew your policy from the top insurance providers online. 

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Buying Long-Term Health Insurance Policy in India

 

In the middle of your busy day to day schedule, it is quite natural to forget your health insurance renewal date. Forgetting to renew your health insurance on time may cost you a lot.

Well, we know it will provide you more sense of security and relaxation if you could buy health insurance for a longer period. Think no more because many insurance companies in India provide long-term health insurance policies with a maximum time period of three years. There are a number of benefits of choosing to buy multi-year health insurance policy since it offers you a broad range of additional advantages including additional discounts on the premium with added protection.

• Save On Your Premium

By opting for long-term health insurance online policy, you can save up to 20 to 40% on your premium. So this basically means that you will have to pay a reasonably lower premium when you go for long –term health insurance policy rather than choosing going for yearly health insurance policy renewal scheme.

• Easy Policy Portability

You can easily port your long-term health insurance policy from one insurer to a different insurer after the completion of a certain time period as per your health insurance online plan and its guidelines.

• Easy on Waiting Period

Long term health cover will be beneficial to the waiting period imposed by your health insurance provider. With a long term policy, you will be covered for a long time and the waiting period will also be intact without any break in the policy.

• Forget the Date of Health Insurance Policy Renewal

You no longer have to struggle with keeping in mind the due date for your health insurance policy renewal. Given that long-term health cover lets you take pleasure in the benefits of mediclaim policies for a long period of time, you can afford some relaxation.

• Instant and Quick Health Insurance Policy Online

You no longer have to keep up with the unnecessary and boring paperwork regarding the purchase a good health cover for yourself or your family. You can buy the best medical insurance policy online with long-term insurance validity. You will have to provide the necessary details regarding your policy and health and you will receive a single page document of your long term health insurance policy.

Apart from all these above-mentioned advantages of a multiyear health insurance policy, there are some more additional benefits that come with them such as additional discounts, cashless hospitalization facilities, etc and many more.

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What are the benefits of National Parivar Mediclaim Policy

 

National Insurance Parivar Mediclaim is a floater policy that provides coverage for the whole family and that includes self, spouse, parents, and dependent children. All the members can be covered under one Sum Insured. This National insurance policy is considered as the finest health plan for your family since it provides useful coverage.

Features and Benefits of National Parivar Mediclaim Plan

1. Lifelong renewal option is available for this National Parivar Mediclaim Plan.
2. If you buy this National mediclaim policy, you can avail of pre and post-hospitalization expenses up to 30 days and 60 days accordingly.
3. Organ Donor hospitalization cost is included under this National health insurance policy.
4. If 24 hours hospitalization is not needed, then more than 140 daycare treatment costs will be provided.
5. Domiciliary treatment expenses are covered up to 20% of the Sum Insured that is subject to the maximum limit of Rs 50000.
6. Provides coverage for maternity newborn up to 10% of the Sum Insured and that is subject to Rs 30000 for normal delivery and Rs 50000 cesarean delivery.
7. Infertility treatment costs up to Rs 50000.
8. Ambulance charges also covered up to a specified limit.
9. Daily cash allowance for one person up to Rs 300 for a maximum of 5days.
10. Ayurvedic, Homoeopathy treatments are also payable under this National health insurance plan
11. 5 % discount on the base premium for each claim-free year is available under this policy.

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Why to Purchase Health Insurance at an Early Age

 

With the passing of time, people are now understanding the benefits of having health insurance. However, still, the majority of our country's population is still not concerned about purchasing health insurance. On the other hand, those who consider the importance of having a good mediclaim policy, do not buy it when they should buy it. Most of them procrastinate for the future.

They think that since they are young and healthy now, nothing can happen to them. They think of buying health insurance in their late 40's. This is, undoubtedly a wrong decision that they take. They do not understand the simple fact that health insurance is something that they must buy when they do not need it for they might not get one when they need it.

In terms of health insurance purchases, the early birds get the best deal. Period. The earlier you buy a medical insurance policy, the more benefits you will be able to enjoy at a considerably lower premium rate.

With age, we tend to come across various diseases. So why you go for buying a policy at the later stage of your life, the insurance provider may not permit you to buy one. And if some of the insurance providers offer health insurance, they will provide it at a high premium with considerably fewer benefits.

When you choose to buy health insurance in your late 20's or early 30's, you are likely to get the best deals. In addition to that, you will have to pay a considerably low premium when compared to the premium that you would have to pay on the purchase of health insurance in your late 40's or early 50's.

What's more, you will live through the waiting period without any issues when you purchase it early. Plus, health insurance providers let their customers buy new plans in the later stages of life since they are well informed about their buyer's medical history.

So, purchasing health insurance at an early age should be your very first priority. Not only will it save you big in the premium, but it will also offer ultimate peace of mind. Meanwhile, you can click here to check out some of the top health insurance plans available from the top insurance companies in India. 

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Why Compare Health Insurance Online?

 

Health insurance is basically a legal agreement between a policyholder and a health insurance company, where the insurer offers coverage against a number of illnesses and diseases (as per the plan chosen) in exchange for a yearly premium.

Comparing various health insurance policies are very important in order to avail the best health cover at the lowest guaranteed premium online. Most of us don’t care about the coverage of a health insurance plan that an insurer is offering and this causes many of us in buying a health cover that is either too expensive or useless in terms of availing the same.

But when you compare various health insurance policies online, you will have the tools to compare each policy on the basis of premium and coverage and many more. And all these can aid in availing the best health insurance plan online.

Health insurance is purchased to cover all the possible health conditions that could occur out of the blue. In exchange for a premium, the health insurance plan covers hospitalization expenses, room rent, medicine costs, costs of medical practitioner, daycare procedures, pre, and post hospitalization expenses and much more.

The best health insurance providers also offer effective add-on covers that can be availed with an added premium. Health insurance can be purchased on both individual and family floater basis. Depending on your health insurance plan and Sum Insured, you will be availing of the coverage.

Keep in mind that, when you purchase health insurance you are actually putting the life of yours and your family in a secure ground. You no longer have to worry about the expenses in case you or your family member is admitted to a hospital. Your health insurance provider will take care of it all by settling the hospitalization costs directly with the hospital.

Meanwhile, you can click here to check out the best health insurance plans for your individual self or family and instantly compare them as per your requirements to get the best coverage for the best price.

 

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What are the Benefits of Having a Good Health Insurance Plan in India

 

Health insurance is gaining more importance with the passing of time. However, still there are so many people who do not consider it as important. With the COVID-19 pandemic, everyone has felt the significance of having a good mediclaim policy. As can be seen in the news, people are struggling to pay for the cost post COVID treatment. Moreover, they are also struggling to avail beds in the hospital. All these they wouldn't have to face if they had a good health insurance plan. But if you still haven't purchased a health insurance plan, now is the time you should consider. 

And if you are wondering about the benefits of having an ideal health plan, check the below points:

 

●     Health insurance gives you a stress-free life in the event of an unforeseen health emergency. Your medical policy basically takes care of the financial part by paying for the hospitalization and other medical expenses. This way it gives you the ultimate peace of mind.

●     With a good health insurance policy, you can avail cashless treatment benefits across the network hospital of your insurance provider.

●     Mediclaim policies offer free health checkup option which you can enjoy.

●     You can cover your entire family under a single sum insured.

●     Health insurance policy will offer coverage against COVID-19 as well as subject to a waiting period.

●     It will cover the hospitalization expenses before the insured's admission to a hospital and after release.

●     Health insurance plans also cover pre-existing diseases subject to a specific waiting period.

●     A number of daycare procedures are covered under health insurance plans.

●     Health insurance plans can be purchased for the protecting the elderly members of the family members too.

●     Mediclaim plans also covers various critical illnesses depending on the type of plan you are buying.

●     Above all, you can buy a health insurance plan by customizing it as per your unique requirements.

●     There are also a number of health insurance plans that offer coverage for maternity expenses and newborn babies.

So what are you waiting for? Do not waste any more time and jeopardize the protection of your family's health. Make sure that you have the right health insurance coverage. You can click here to check out some of the best health insurance plans online. Before purchasing any particular mediclaim policy, do not forget to compare different plans online. The comparison of online health insurance policies ensures the best coverage for the best price.

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How Much Premium You're Likely to Pay for Corona Kavach Health Insurance?

 

Recently, the Insurance Regulatory and Development Authority of India (IRDAI) has permitted all the general as well as standalone health insurance companies to offer Corona Kavach Policy as a group insurance product. As a result, in next to no time, it will allow various organizations and companies to buy this COVID-19 health insurance policy for their employees.

As per the mandate by insurance regulator, IRDAI, a number of general and health insurance companies have come up with the standard corona-specific insurance plans, Corona Kavach, whereas not all of them has emerged with the optional benefit-based plan, namely Corona Rakshak.

In a nutshell:

• COVID Kavach is basically an indemnity type insurance plan.
• This plan is available for individuals as well as families.
• This the policy will provide with the sum insured of up to ₹ 5 lakh for hospitalization expenses associated with COVID-19.
• It will also cover consumables such as PPE kit, masks, gloves and other alike expenses incurred during the treatment of coronavirus.
• This plan also covers ICU and ventilator charges.
• In addition, the plan covers the costs of the oximeter and oxygen cylinder.
• This policy can be purchased for oneself, parents, parents-in-law, spouse and dependent children up to the age of 25.

Have a look at the below table for some insurers’ premium rates for a 35-year-old man for a ₹ 5 lakh plan:

Insurer	Corona Kavach premium
	3.5 Months	6.5 Months	9.5 Months
ManipalCigna Health Insurance	₹ 1923	₹ 3678	₹ 5370
Tata AIG General Insurance	₹ 1994	₹ 2735	₹ 3419
Max Bupa Health Insurance	₹ 1658	₹ 2210	₹ 3260
IFFCO Tokio General Insurance	₹ 1167	₹ 2037	₹ 2731
National Insurance	₹ 1360	₹ 1975	₹ 2385
Star Health & Allied Insurance	₹ 1408	₹ 1690	₹ 1901
United India Insurance	₹ 620	₹ 1140	₹ 1660
Bajaj Allianz General Insurance	₹ 792	₹ 1056	₹ 1320
Oriental Insurance	₹ 636	₹ 1039	₹ 1286
Edelweiss General Insurance	₹ 609	₹ 966	₹ 1260
Future Generali Health Insurance	₹ 552	₹ 695	₹ 839

 

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