It is also necessary for you to prioritize your own health, which you can do by purchasing individual health insurance. Bhalla Insurance is one of the best health insurance companies in Chandigarh that provide health insurance companies. You will have to purchase this type of health insurance plan separately for each member of your family that you wish to have medical benefits for as it will provide medical coverage to a single individual.
It is possible for you to choose the maximum coverage depending on your health requirements. An individual's health insurance policy typically covers all emergency medical expenses incurred due to hospitalization, daycare procedures, road ambulance services, alternative treatments, organ donation expenses, etc., covered by the health insurance plan. With HDFC ERGO Optima Secure, you can find your one-stop-shop for all your health-related needs.
An extensive network of hospitals and superfast processing system, combined with a wide range of treatment options, guarantees that you get the best treatment at the most affordable price.
How Does an Individual Health Insurance Policy Work?
There is a contract between a policyholder and an insurer when they purchase individual health insurance. As a result of the agreement, the insurer is obliged to cover your healthcare costs in accordance with the sum insured, and as per the terms of the policy. The policyholder is expected to pay the premiums on a regular basis.
For example, you have purchased the finest health insurance policy with a sum insured of Rs. 10 lakhs. After buying such a policy, you will be protected against the unexpected event that you are hospitalized. After purchasing this policy, if you are hospitalized, the insurer will be responsible for paying your hospital bills as per the terms of the policy.
Now, suppose the hospital bill was Rs. 4 lakhs. In that case, your insurer would settle the bill with the hospital, and the sum insured for that year would now be Rs. 6 lakhs.
Am I eligible to buy a Health Insurance Plan
Frequently, the first question that may cross your mind when you consider purchasing a health insurance policy is, "Am I eligible to purchase this health insurance policy?" Will there be any medical examinations required under this specific medical insurance plan? Do I need to meet any age requirements to purchase health insurance instead? These inquiries come up fairly frequently now, but if you try purchasing a health insurance plan online, you may quickly determine your eligibility before purchasing a specific health insurance plan in India.
Key factors that decide your eligibility for buying Health Insurance Plans
1. Previous Medical Conditions / Pre-Existing Illnesses
The most important thing you need to do when buying a Mediclaim policy is to be honest enough to admit to having all of your pre-existing illnesses. These illnesses need not be just the usual ones such as fevers, flu, or headaches. You should inform your medical insurance company, however, if in the past you have ever been diagnosed with any disease, birth defect, surgery, or cancer of any type.
Therefore, many ailments are listed under permanent exclusion, few are covered with a waiting period and few others are covered by charging an additional premium along with a waiting period because they are listed under permanent exclusion.
2. Age
If you are above 18 years of age, then this is a convenient way for you to acquire a long term care health insurance for yourself. We also cover newborn babies but the mother needs to have an insurance plan with us that covers mediclaim. If you are a senior citizen, then this is also an option for you.
Why Buy Individual Health Insurance Online?
Convenience
The fact that you can sit on the couch while you relax and browse the internet for insurance plans is very advantageous. By avoiding visiting an insurance company's office or having an agent come to your place, you save your time and effort. You are able to make secured transactions at any time and from anywhere. You can also check out the policy wordings online so that you are aware of the fine print so you don't get any last minute surprises.
Secured Payment Modes
The payment of your health insurance premiums does not have to be done via a credit/debit card or net banking account! Simply use your existing debit or credit card, or your net banking service to make payment online using multiple secured payment modes.
Instant Quotes & Policy Issuance
You can instantly calculate the cost of a health insurance plan, add or remove members, customize plans, and check coverage online at the touch of your fingertips to buy a health insurance plan online.
What You See is What You Get
It has never been easier to buy physical health insurance. You no longer have to wait for the policy documents. Your policy PDF copy comes right to your mailbox as soon as you pay the premium online and you have the policy in your hands within a few seconds.
Wellness & value added services at your finger tips
Get access to your policy documents, brochure etc in our my : health services mobile application. Download our health and wellness app for your smartphone and keep a track of your calorie intake, track your blood sugar levels and keep a track on your BMI as well.
How Much Individual Health Insurance Coverage Should You Have?
The amount of coverage you should opt for if you are purchasing health insurance for yourself, then you probably should opt for a coverage amount equivalent to at least half of your annual income. For instance, if your annual salary is Rs 6 lakh, then you must opt for a coverage amount equivalent to Rs 3 lakh.
In spite of the fact that healthcare costs have increased in recent years, opting for a lower health cover may not be sufficient to cover your medical expenses, even if it amounts to 50 percent of your salary. In order to be able to cover their medical expenses and medical emergencies comfortably, insurance experts recommend that people opt for a minimum health insurance cover of Rs 5 lakh.
Furthermore, if you buy insurance during your early 20s, you are less likely to file a claim, and so as a result your chances of filing a claim are lower. As a result, you will be able to increase your sum insured at no extra cost due to the fact that you will Insurance agent in chandigarh receive a cumulative bonus on every claim-free year.
Bhalla insurance is the best health insurance company in Chandigarh so if you want to get a cashless treatment at a private hospital then contact them as they provide cashless services and have cashless hospitals that will not reject your claim. Our contact number is 91 9355524111 and we are located in Chandigarh, India.