I’m 30 and need to purchase a household floater plan. I’ve aged mother and father, and acquired married final yr. What are the factors I ought to examine earlier than I buy a medical insurance coverage?
—Pulkit Kant
You should purchase two separate household floater plans—one on your partner and your self, and the opposite on your mother and father. This will permit for higher plan choice.
Since you simply acquired married, you possibly can take into account a plan with maternity protection. Ask for the ready interval for maternity advantages, no-claim bonus and sub-limits within the plan. Sub-limits might be by way of room hire, co-pay or limits on particular ailments. You ought to go for a plan with no sub-limits and low co-payment. Maternity ready interval might be between 9 months and 4 years.
For your mother and father’ coverage, ask for the ready interval on pre-existing ailments, co-pay and disease-wise sub-limits. Prefer plans with as much as two years of ready interval on pre-existing ailments, no co-pay and no sub-limits.
I need to submit a medical insurance declare. The insurer has requested me to submit all of the paperwork rel-ated to the declare akin to payments and medical bills receipts in ori-ginal. Will I get these paperwork again as soon as the declare course of is accomplished?
—Name withheld on request
Insurers require all unique medical papers, payments and receipts to evaluate a medical insurance declare. After the declare is settled, you may request to get these papers again. The insurer might stamp these earlier than they’re returned. Some insurers now can help you increase claims utilizing scanned copies of paperwork. You should examine this along with your insurer. You may then keep away from the backwards and forwards on the paperwork. The insurer might require you to submit these paperwork utilizing their cell app or a particular portal.
Abhishek Bondia is principal officer and managing director, SafeNow.in.
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