2. Mediclaim is a kind of insurance product that hedges your healthMediclaim is a kind of insurance product that hedges your health
against a lot of unforeseen circumstances or medical expenses foragainst a lot of unforeseen circumstances or medical expenses for
that matter.that matter.
The mediclaim insurance policy reimburses the expenditureThe mediclaim insurance policy reimburses the expenditure
incurred by you in case of hospitalization or domiciliary care.incurred by you in case of hospitalization or domiciliary care.
It presents a set of unique features that are not commonly availableIt presents a set of unique features that are not commonly available
in a conventional health insurance policy.in a conventional health insurance policy.
To look at some of them, a mediclaim policy usually comprises of –To look at some of them, a mediclaim policy usually comprises of –
1. Full claim amount based on your medical expenditure and insured1. Full claim amount based on your medical expenditure and insured
amountamount
2. Offers a wider scope than just benefits around critical illness as it2. Offers a wider scope than just benefits around critical illness as it
covers hospitalization and treatment towards accident alsocovers hospitalization and treatment towards accident also
3. As mentioned before, a mediclaim health insurance policy entitlesAs mentioned before, a mediclaim health insurance policy entitles
certain benefits and features for holder of the policy.certain benefits and features for holder of the policy.
These often prove to be highly beneficial and distinct. Let us take aThese often prove to be highly beneficial and distinct. Let us take a
look at some of them -look at some of them -
4. Mediclaim can be availed by a person ageing between 5 years to 80Mediclaim can be availed by a person ageing between 5 years to 80
years(considering that it varies with different companies), and totalyears(considering that it varies with different companies), and total
claim settle is done according to the extent of insured amount andclaim settle is done according to the extent of insured amount and
medical expenditure.medical expenditure.
5. Another advantage to be noted is that a mediclaim health insuranceAnother advantage to be noted is that a mediclaim health insurance
policy is able to provide insurance claims at a rapid pace aspolicy is able to provide insurance claims at a rapid pace as
compared to a regular health insurance policy.compared to a regular health insurance policy.
6.
7. With a unique set of advantages, the mediclaim policy can beWith a unique set of advantages, the mediclaim policy can be
considered to be one of the most highly beneficial alternatives.considered to be one of the most highly beneficial alternatives.
Prospective policy buyers are recommended to take a look at theseProspective policy buyers are recommended to take a look at these
and explore them for themselves.and explore them for themselves.