If you give a close look to your
health insurance policy docket, you will find many good and bad clauses you
were not aware of. Here are some benefits
which people usually don’t avail due to lack of awareness.
Lifelong Renewal
Every health insurance plan is provided with an upper cap on the entry
age, usually 70-80 years. It can be extended
to a bit, but it doesn’t exceed 90 years.
It means the older you get, the harder it becomes to get covered under a plan. A lifelong renewal feature allow you to renew
your policy lifelong, making you covered
even when you turn 90.
Restore Benefit
Also known as recovery benefit,
it refers to providing a lump-sum to the insured after hospitalization. The
precondition is that the insured should be
hospitalized for 10 days or more.
The restore benefit is given so that the
insured can take care of his/her household expenses till s/he gets back to
normal life.
Relocation Health Insurance
Many citizens don’t realize their
health insurance might not cover them if they travel abroad. Several health
insurance providers don’t cover emergency
treatment overseas. If you are an international
traveler, you should get a relocation health insurance that can help you
and your family to pay out your medical bills in case any emergent situation
arises while traveling abroad.
Attendant Allowance
Many people don’t have even a
clue what attendant allowance is. This allowance is
given to the individual who is taking care of the patient in the
hospital. This benefit helps to fulfill his/her needs for food, refreshment, and other expenses. It is usually restricted to a specific number of days for hospitalization. It
is like that your insurance will take care of the person who will look after
you during hospitalization.
Top up policy
Our life keeps moving on, and several
things take place, like getting married,
having children, getting a promotion,
etc. In such cases, you might feel need to get wider health coverage as you can afford it now. But to get a new health insurance plan is itself a task. In such case a top policy allows you to
stretch your insurance policy to avail
more coverage. Instead of buying a new health policy,
top up insurance policy is an affordable
idea.
So, next time you purchase a
health insurance policy, don’t forget to check out these features.
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