Critical Illness Cover: Additional Protection

Every day, we read about new illnesses and new drugs to counter them. Medical problems are bound to hit people one time or another. If one were to think about all these problems, then the future looks very bleak. While most treatment expenses are covered by health insurance, there are certain expenses that cause a much greater strain and often cannot be compensated with merely the cover amount. For such expenditures, one needs critical illness cover.

The concept has been brought out to give people the chance of coping with the financial hassles when they are faced with serious medical problems. Under the critical illness cover, the insurance company will disburse a lump sum amount to the policy holder when the latter encounters a critical illness.

So what is the definition of a critical illness? A critical illness does not mean that the illness is fatal by compulsion. These illnesses generally cause major problems and call for extensive treatment and medical care. One must remember that the critical illness for different companies is different. Just because an illness comes under critical illness by one insurance provider, it does not mean that all insurance companies consider it a critical illness.

People must remember that critical illness cover and health insurance cover are not the same. While mediclaim plans cover only medical bills, the cover amount from the critical illness cover can be used for anything by the family. One can use the money to care for loved ones. People should remember that the policy terms and conditions of every plan govern the means and conditions for payout. Customers should access the list of critical illnesses from the insurance provider to see the illness covered. Apollo Munich provides coverage for 8 critical illnesses. The policy holder should be aware of the coverage before buying the plan, and therefore Apollo Munich has all the plan details on the company website.

Various Ways to Buy Health Insurance Policy

People need health insurance to deal with medical expenses. This fact is becoming better known to people now. One should be able to get the right sort of mediclaim without any trouble. Time, place and other such factors should not restrict people at all. People should be able to buy health insurance policy at anytime and anywhere. But this many people feel is a fantasy or a fictitious thought. However, the truth is that it is not. People can easily get the right kind of mediclaim policy without even moving out of the comfort of their own homes.

Online health insurance plans have become popular only for the convenience that they give customers. One is not left reliant on anyone else’s timings. So even if a person wants to buy health insurance policy in the middle of the night, they can. One should be certain that the website that they perform the transaction from is safe. The customer is rightly worried about safety of the data given on the site. Insurance companies have to ensure that the website is secure.

People should also ensure that the individual can easily buy the mediclaim policy without going online i.e. through an agent or a broker. For this reason advisers and agents should be well-trained. They should remember that the individual should be able to talk to them about intricate details of the plan. Even if a person buys the plan over the Internet, if there is any kind of confusion, they should contact the provider. All clarifications should be done before they buy health insurance policy. This enables people to make an informed decision. Apollo Munich Health Insurance, which is one of the fastest growing mediclaim providers in the nation, provides customers with simple policies to get the needed healthcare with ease. These plans can be bought through brokers, agents, advisers, or over the Internet.

How to Improve the Condition of Medical Health Insurance in India?

Recent study on medical health insurance in India shows that large pool of people in India is not able to finance their healthcare expenditure. Only 15% of Indian population is insured and rest 85% pays for medical expenses from their pocket. This shows the untapped potential in this sector. But if it continues, it will become difficult for uninsured individuals to avail quality medical treatment because medical costs are expected to go tremendously high over next few years.

Looking into the gravity of matter that Indian population would not be able avail quality healthcare, Indian Government combined with several other bodies should make serious steps to improve the condition of medical health insurance in India. It is only then that the Indian citizens could seek medical treatment without any financial stress.

Government should start several programs for the education of people. Medical care providers should also encourage people to buy health insurance. Regulators should frame guideline to allow only right players to enter the market. Health insurance providers should design products according to the healthcare needs of people. All these efforts will surely contribute lending helping hand in improving the condition of country and making medical treatment affordable.

Health Insurance providers need to study market before designing their products. It is only then that people could find them useful. Apollo Munich, a joint venture between the Apollo Group of hospital and Munich Health, is making efforts in design products accordingly. It has emerged with the aim to demystify health insurance for the people of India and thus, has brought simple policy wordings such that there could no jargons and thus, no confusion that could misdirect people while choosing a product.

In addition, Apollo Munich commits people to take the fear from faces, the jargon from words, the bitter from medicines and the trouble from treatment.

Live Healthy With Health Insurance Offers

Health insurance is not only inpatient coverage. It is far more than what inpatient plans bring along with them. There are various health insurance plans available in market. These come with different features and benefits. At the same time, there are some health insurance plans that offer large number of facilities and additional features so that an insured can get complete coverage.

Health Insurance offers the facility of the cashless hospitalization, which is most like by the Indian citizens. It is a facility for an insured individual to go to any network hospital and seek medical treatment on the basis of cashless hospitalization. It ensures that a person can seek treatment, up to the sum assured. The medical bills are settled directly to the hospital by an insurer. Thus, it is much relief to the policy holders.

Besides, it health insurance offers healthline, which is a facility for an insured to call a medical expert and talk about his/her health issues. It ensures that an insured can seek medical advice without any extra charge.

Besides it, health insurance offers coverage to annual health check-up, spectacles and hearing aids expenses, day-care procedures, pre- and post-hospitalization, etc. There are some comprehensive plans that also offer cover to outpatient treatment, including diagnostic tests, pharmacy, outpatient consultation etc. thus it can be said that health insurance does not only offer curative solutions but also offer preventive solution, thus helping you to live a healthy life.

One such plan that brings along with it the longest list of health insurance benefits and facilities is Maxima. It is India first 360 degree plan. Apollo Munich has brought this plan to help people stay healthy. It offers all-round coverage such that a person gets a complete medical cover to his/her outpatient and inpatient needs. So, buy health insurance and enjoy the life.