Anyone who wishes to buy a mediclaim insurance policy should understand certain factors that will help to make a good purchasing decision. Consider the following factors when planning to buy mediclaim online:
Type of Mediclaim Plan
It is imperative to buy a mediclaim policy as per the need. When buying an individual plan, the individual is insured for a certain amount. On the other hand, under a family floater health insurance
, the complete family gets insured for a fixed sum.
Select a mediclaim policy with a high coverage amount. The golden rule of buying any insurance plan is to go for maximum protection and not settle for a plan that offers a low premium. While making the purchase decision consider the medical inflation and make a smart move.
Ensure to understand the pre-existing diseases that are covered under the mediclaim insurance.
Also, check for the waiting period to understand from when onwards it will be covered.
While planning to buy the mediclaim insurance policy, do have a look at the list of network hospitals.
Clause of Co-pay
Check whether the policy document has the clause of co-pay or not. Under it, the policyholder needs to share the expenses with the mediclaim insurer as per the pre-determined co-pay.
It is suggested to choose a mediclaim online that offers the option of lifetime renewability.
Understand the Exclusions
When buying mediclaim online it is recommended to understand the exclusions. For certain medical expenses, a mediclaim plan does not offer any cover.
*Standard T&C Apply
These factors directly will also have an impact on the mediclaim insurance
policy premium. Therefore, it is better to have clarity and not to remain mere apprehensions.
Steps to Calculate Mediclaim Premium Online
Use the Bajaj Allianz free health insurance premium calculator
to find out the estimated amount of the mediclaim insurance premium. It would be paid towards the medical policy.
Below are the steps to calculate the medical insurance premium online:
Head to the online mediclaim insurance premium calculator.
Enter the personal details such as name, date of birth, and mediclaim insurance policy that is intended to be bought. Provide details of those family members who will be covered under the selected mediclaim policy, contact number, and pin code.
Click on the Get My Quote button.
The details of the mediclaim insurance premium will be displayed on the screen. Select co-payment as per the convenience and then click on Confirm Plan button. A soft copy of the mediclaim insurance policy will be shared shortly.
*Standard T&C Apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms and conditions, please read the sales brochure/policy wording carefully before concluding a sale.