Vector Borne Diseases Insurance Coverage
Sep 30, 2020

Insurance for Vector Borne Diseases: Coverage & Benefits

Vector-borne diseases spread rapidly in India. The ever-increasing population and unhygienic surroundings only make the problem even more concerning. Vector-borne diseases like malaria, dengue, and swine flu are outspread as they are caused by insects that hover in our immediate surroundings. Moreover, the intensity of these diseases results in deaths of thousands each year. Treatment for these deadly illnesses exhausts the entire savings of some financially challenged families. To cover the medical expenses of vector-borne ailments, an investment in a health insurance plan for vector-borne diseases is essential. When an individual is diagnosed with a vector-borne sickness, health insurance plans offer a lump-sum amount of compensation. The benefits offered to a patient are stated in the terms and conditions of the policy document. Therefore, a policyholder must analyse the policy document carefully. Vector-borne diseases covered under health insurance:
  • Dengue
  • Malaria
  • Chikungunya
  • Kala Azar
  • Zika Virus
  • Japanese Encephalitis
  • Filariasis (payable only once in a lifetime)
To avail the vector insurance coverage, every individual must wait for a specific period. The time span required for covering selective diseases is known as the waiting period. For vector-borne conditions, the waiting period as follows:
  • If a policyholder buys a policy after the diagnosis, a waiting period of 60 days is applicable for the diagnosed condition. However, if the policy is availed during its tenure prior to renewal, a waiting period of 60 days for the specific ailment for which the claim has been paid is applicable.
  • If an individual renews the policy within 60 days from the admission date of the paid claim, a cooling-off period of 60 days is applicable for only diagnosed diseases and not any other listed vector borne sickness.
  • If a buyer renews the policy after 60 days from the date of admission of the paid claim, a waiting period of 15 days is applicable for all the listed vector-borne ailments.
Benefits of purchasing health insurance for vector-borne diseases:
  • The health insurance plan offers a free lock-in period of 15 days.
  • It provides the policyholder with cashless facility.
  • Offers a rebate of up to 20% if a policyholder buys a policy directly from the online portal of the insurance company.
  • Presents the policyholders with a benefit of lifetime renewal.
  • Makes provision for a floater policy for spouses, children, and parents.
  • Allows the policyholder to choose from sum assured value from Rs. 10,000 to Rs. 75,000.
To sum up, purchasing health insurance to cover vector-borne diseases is an excellent solution for your woes. However, before buying a policy, every individual must compare policies, explore other health insurance benefits under offer and select the one based on their requirements. Bajaj Allianz General Insurance presents the policyholders with a health plan for the most commonly observed vector-based sicknesses. Moreover, our quick assistance during a medical emergency will provide an individual with the right peace of mind. The cashless facility offered will cover the financial setbacks in times of need.  

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