One often sees that people fall sick now and then and majority of these people face problems in coping with the rising medical expenses. The best way to take care of these medical expenses is to buy health insurance. It is a unique tool that gives an insured individual, the freedom to live life to a greater extent. Health insurance finances medical expenses and thus, makes it easy for an individual to seek quality medical treatment from the hands of experts.
It is, therefore, advisable that before any unforeseen incident comes into an individual’s life, he/she should be both mentally and financially prepared for them, and the best way is to buy quality health insurance. There are many health insurance products available in the Indian health insurance market, but quality health insurance is not easy to search for.
A person needs to look into all his/her health needs and then shortlist the quality health insurance product accordingly. It is said that the plan that offers comprehensive coverage to all healthcare needs is a good plan. It realizes maximum healthcare needs of a person. One is sure that after buying such a plan, the insured would not have to worry about any medical expenditure. To come to a decision about a quality product, one needs to search a lot and refine the search with the help of appropriate parameters. There are certain aspects of quality health insurance products. A few of them are as follows:-
These plans are very well designed, keeping healthcare needs of people in mind. These plans offer all-round health cover at reasonable rates. However, there are many plans that offer health insurance policies at low rates, but with narrow coverage. Thus, a person should always check the coverage limits of a plan, before buying it.
Quality products come with hassle-free policy issuance and renewal procedure along with good customer services such that customers do not face any trouble, right from the policy issuance to affordability, wide coverage and timely claim settlement.
The terms and conditions of the plan are free from jargons such that a person gets a clear idea of his/her covered and uncovered perils. Policy wordings are written in simple and easy English language.
One of the most popular quality health insurance policies in Indian medical insurance sector is Apollo Munich’s Maxima. The company, that is a pure joint venture between the Apollo Group of hospitals, the leading healthcare group and Munich Health, newest business segment of Munich Re, Europe’s leading insurer successfully launched this new product. It is India’s first 360 degree plan, and offers wide health coverage to its customers.
Maxima is believed to be the most comprehensive product that offer cover to both big and small illness. The coverage includes OPD treatment, diagnostic tests, pharmacy costs, consultations, pre-existing diseases on outpatient basis (without any waiting period) etc. this plan comes with the lifelong renewal feature, which helps its customers to enjoy cover for their entire lives.