Mediclaim insurance policy

Mediclaim Insurance Explained in Detail Life in a metro is not only about making big money and fulfilling your dreams but also taking care of yourself, your family and providing them support. The cost of living is quite high in TierI cities as compared to Tier II cities and especially the medical treatment. So, how to achieve a balance in achieving your dreams and providing good health to your family? The answer is mediclaim insurance. Mediclaim Policy offers cashless medical treatment thus taking care of your liquidity in your exigency.

Why to take medical insurance?

What can be the best gift for your loved ones than gifting them good health? If you are a young professional, a newly married couple or a first time parent, get Mediclaim Insurance for yourself, your better half and your little bundle of joy. If your health and the health of your dear ones is secure you can be carefree and absorb yourself in earning to your fullest capacity and save money for important liabilities like funding education for your children and getting your first house. There are individual plans, as well as family plans to choose from. So, as per your family type select the mediclaim policy.

Key factors in selecting mediclaim insurance

Mediclaim Insurance

Affordability: The foremost factor is your affordability. You need to pay annual premium throughout your lifetime so pay attention to the premium amount that you can afford easily.

There is no point taking a big policy which later becomes difficult to maintain and sustain.

Coverage amount: The coverage amount is dependent upon your contingency reserve. If you have some fund reserved to meet the medical emergency then the coverage amount can be less; upto Rs 2 lacs and if do not have any reserve then you should opt for around 5 lac coverage.

Family type: If you are single go in for individual plans and if you are married then go for family floater as it would require you to pay single premium for the collective coverage.

Settlement procedure: Do check the settlement procedure offered by the health care provider. The cashless facility and

reimbursement options are offered by the majority of insurance companies as this is in the best interest of the client.

The health insurance is a real boon for people whose income is limited as it provides them the right to enjoy good health at a pocket friendly price. Also, the younger you are, the lesser the premium!

So, exercise your right to good health and invest in lifetime security.

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