Page 350 - Ebook health insurance IC27
P. 350
The Insurance Times
Development Authority) approved intermediary who is responsible for processing
of all insurance claims.
Q. What is the difference between Health Insurance & Critical Illness policies
or Critical Illness Riders in insurance?
In health insurance payment is made on the basis of actual expenses incurred however
in case of personal accident policy payment is made as soon as the illness is diagnosed
irrespective of the amount spent on the treatment.
Q. What is a pre-existing disease?
Any condition, ailment or injury or related condition(s) for which you had signs or
symptoms, and / or were diagnosed, and / or received medical advice/ treatment,
within 48 months prior to your first policy with us
Q. What amount will be paid on cancellation of the policy?
The premium will be refunded on short period scale basis computed by the insurance
company. This is done to cover their administrative cost.
Q. Can the treatment be taken at home and be reimbursed under health
insurance?
Most policies offer "domiciliary hospitalization" however it is subject to certain
restrictions
Q. Is there is a minimum or maximum limit in sum insured ?
No there are upper limit. However there is a minimum amount which should be
taken.
354 Guide for Health Insurance
