Mediclaim is a type of health insurance policy that provides reimbursement or direct payment for medical expenses incurred due to hospitalisation, surgeries, or treatment. It ensures that you and your family are financially covered during unforeseen health issues.
Types of Mediclaim Policies
- Individual Mediclaim Policy : Covers medical expenses for a single person under the policy.
- Family Floater Mediclaim : Offers a shared sum insured for the entire family under a single premium.
- Group Mediclaim : Provided by employers for their staff; cost-effective and includes basic health coverage.
- Senior Citizen Mediclaim : Specially designed for individuals aged 60 and above, with age-specific benefits and coverage.
- Critical Illness Mediclaim : Offers a lump sum payout on diagnosis of specified critical illnesses like cancer, heart disease, etc.
Key Features of Mediclaim
- Cashless Hospitalisation : Get treated at network hospitals without paying upfront; expenses are settled directly with the insurer.
- Pre and Post-Hospitalisation Coverage :Includes medical costs incurred before and after hospital admission, as per the policy terms.
- Tax Benefits : Premiums paid for Mediclaim are eligible for tax deductions under prevailing laws.
- Daycare Procedure Coverage : Covers specific treatments that don’t require 24-hour hospitalisation.
- Annual Health Check-ups : Some plans offer free health check-ups after a few claim-free years.
- Wide Network of Hospitals : Access to a broad network of empanelled hospitals ensures hassle-free treatment.
A Mediclaim policy acts as a financial cushion during medical emergencies. It not only protects your health but also safeguards your financial well-being. Let Varsha Limhan & Vasant Limhan help you choose a suitable Mediclaim plan tailored to your needs.