The health insurance offered by the Religare Health Insurance is known to be a fully-fledged comprehensive cover that acts against the financial risks linked with an individual and his family members too.
It also provides a full proof coverage amount related to the paying of a single premium which is annually payable.
The insurance protective cover adds family members to the account too. It acts as a shield to children and spouses too.
Moreover, even dependent parents can also be included in the scheme related to health insurance. In some types of rare cases, it also includes siblings along with other extended members of the family such as in-laws.
It works as a protective cover that provides numerous medical expenses like pre and post hospitalization, in-patient hospitalization, ambulance costs, and much more.
A Glance At Its High Significance in Safeguarding Your Family?
Isn’t it quite obvious that we work towards the betterment of our family and sometimes when our eyes pass through any unfortunate incident, we wish that even the remote member including personal one never falls into its clutches? It is the sole responsibility of ours to ensure that the lives of our loved ones are always safe and secure.
More importantly, it also asks us to dwell moreover other aspects in life such as sound family planning which secures the household expenses and further negates the probability of financial crises to take place in the hour of need.
It is also expected that un-incurred expenditures that do occur in the times of emergency are also dealt with concrete efforts by the medical team.
On the other way around, it can be said that if a person opts for health insurance plans then his life along with his family is secured. It is precisely true given the fact that arising costs of quality medical care in India are becoming exceedingly high.
All the types of health insurance plans designed by this company are said to work as a protective shield in offering the complete coverage to the medical treatment of more than one person. If any member of the family is hospitalized due to the onset of an ailment or injury then the whole sum insured within the umbrella of his family health plan gets covered.
Benefits Related to Family Health Insurance Plans
A comprehensive health insurance plan is what an insurer generally needs to safeguard his family and it also offers the medical cover for the whole set of families under a single roof. Apart from these benefits, there are a lot of benefits linked to it.
1) High Sum Insured
It is one such plan that provides increased sum insured within the single policy as compared to the individual’s health plan.
2) Cashless Hospitalisation
It is very similar to other types of individual health plans, health insurance plans for the family. Seamlessly workable, adaptable, and transferable are the features associated with these plans.
Affordability of this premium is also determined by the single premium that is paid annually and it involves the coverage of medical expenses for all the members of the family too.
4) Multiple Options
It also allows policyholders to access numerous options and even permit the allowance of changing members of the family in the same plan. It also increases the amount of sum insured apart from availing the different plans for the new member.
5) Tax Benefits
Many policyholders of health insurance plans can derive the benefits under the provisions mentioned within section 80 D of the Income Tax Act which is mentioned over the premium.
Know the arising differences between individual and family health insurance plans
Almost all the health insurance plans are known for providing the best medical coverage during the times of emergency and also ensures that there remains a financial cushion.
Most of these plans are considered to be of great benefit especially when a person is holding the aim of segregating out the pieces of expenses that usually come within the medical treatment.
Both of these plans are quite similar to each other and are known for offering the best coverage to cover-up all the medical expenses.
Moreover, there lies a crystal clear between both of these plans too. Besides, affordability both of these plans are widely known for offering an edge over other types of individual health plans.
It is anticipated that those set of individuals purchasing policies for each member of the family can turn out to be quite expensive by the payment of premiums is concerned.
Most of these health insurance plans are said to be quite effective especially when a consumer focuses more on minimum expenditure.
Perhaps, this is a reason that a person can attain a high insurance cover for all of his family members including spouse children, and dependent parents too.
The wholesome coverage amount of the insurance holds the credibility of getting spent by the members of the family. Even the value of the sum which is insured gets reduced the moment one claims one member.
This also sidelines the fact that even the coverage amount of the plan is also not limited to a particular member of the family.
The premiums of family health insurance plans are generally decided based on the oldest member of the family where it is decided based on one member only in individual plans.
How Can One Claim Family Health Insurance?
There are many ways through which one can claim the family health insurance.
a) In the time of the cashless facility
b) Attain the pre-authorization form from the TPA desk of the network hospital and even fill all the required details.
c) One can collect all the medical bills, diagnoses, and doctor’s prescriptions too.
d) One is required to submit all the required documents along with the policy claims too.
e) An approval letter is also granted just after the verification of the documents from the side of the claim management team.
In the end, we have witnessed that there comes an urgent need for us to get ourselves insured before any mishaps happen because who knows what comes tomorrow.
We are on the verge of becoming more and more dependent upon things that come with expiration date and perhaps the time has come when we need to get our life insured.
Also Read: SBI Health Insurance