Buy Health Insurance

• The right question should be why not Buy Health Insurance Online? With Coverfox, you can not only buy but compare health insurance and renew the best family health insurance plans in India from top health insurers in under 5 minutes.

• Plus, you can avail of multiple discounts on the best health insurance policy at the click of a button. You will never have to visit the bank branch again.

• Tired of looping in physical documents? Worry not. The entire process of buying a health plan is paperless and hassle-free on Coverfox. Once you purchase your favorite mediclaim insurance online, your entire policy document will be delivered to your inbox instantly.

• In addition, we offer 100% free claims assistance for all our policy buyers. So what are you waiting for? Get the best health plan online from top health insurance companies in India today!

• To help you with the same, we have created a step-by-step guide on buying the right medical plan for yourself.

There are different types of health insurance plans in India. Each plan is unique with its own set of features and benefits. Here is a list of the most popular types of medical insurance policies:

• Individual and Family Plan: As the name suggests, an individual health insurance plan provides cover for a single person only. Health insurance plans for family provide cover for you and your entire family. Both of these plans cover medical expenses which can be pre and post hospital related expenses.

• Senior Citizen Plan: This is a health plan designed specifically for senior citizens, individuals above the age of 60 years. As per IRDAI guidelines, each insurer must provide cover up to the age of 65 years.

• Maternity Plans: A maternity health insurance plan provides coverage for maternity and other additional expenses. These policies take care of both pre- and post-natal care, and delivery of baby i.e. normal or cesarean deliveries.

• Hospital Daily Cash: Hospital daily cash provides a certain sum of money for every day in the hospital.

• Critical Illness Plans: These payout plans provide cover against a specified list of disease/illnesses.

• Group Health Plans: Group health plans are mediclaim plans which are provided by the employer to the employees.

• Fixed Health Insurance Plans: A fixed health insurance plan provides coverage in the form of a lump sum amount upon diagnosis of a certain illness/disease specified by the plan.

To begin with, let us understand what premium is all about. A health insurance premium is the annual cost of the insurance plan. It is the cost of providing health cover (an amount you pay to buy your coverage).

For example, suppose you buy a new health insurance policy for Rs. 1500 per year for a cover of Rs. 5 lakhs. As per this plan, Rs. 1500 is the premium amount which you have to pay every year and Rs. 5 lakhs is the financial cover you get by paying Rs. 1500 as premium for a single year.

Here are a few factors that affect your health insurance premium

• Pre-existing Diseases: Pre-existing diseases are ailments that you may/may not have before buying a health plan. Pre-existing diseases are generally covered after a waiting period at a cost of additional premium.

• Medical History: If you have a family history of diseases, the insurer will increase the premium accordingly.

• Consumption of Alcohol and Cigarettes: People who smoke and drink are charged a higher premium.

• Gender: Insurers charge a lesser premium for female lives.

• Age: Young individuals are charged lesser premiums because they are least likely to suffer from chronic diseases.

• Profession/Occupation: If you work in a hazardous environment or a dangerous profession (mining, drilling, oil rigs, fire fighter, etc.), you will need to shell out more premium.

Here is a complete list of general exclusions which are not covered under any health insurance plan:

• War or any act of war, invasion, act of foreign enemy, war like operations

• Participation in civil war, public defence, rebellion, revolution, insurrection, military or usurped acts

• Engaging or attempting to commit a breach of law with criminal intent

• Intentional self-injury or attempted suicide or suicide while mentally sound or unsound

• Participation or involvement in naval, military or air force operation

• Participation in racing, diving, aviation, scuba diving, parachuting, hang-gliding, rock or mountain climbing of a professional or semi-professional nature

• Abuse of tobacco, intoxicants or hallucinogenic substances such as drugs and alcohol

• Complications arising out of smoking and treatment of nicotine addiction or alcohol addiction program

• Treatment of lifestyle diseases such as obesity and any weight control program

• Psychological/psychiatric conditions such sleep-apnoea, Parkinson and Alzheimer’s disease, general debility or exhaustion (“run-down condition")

• Congenital external diseases, defects or anomalies

• Stem cell harvesting, or growth hormone therapies

• Pregnancy (including voluntary termination), miscarriage (except as a result of an Accident or Illness), maternity or birth (including caesarean section) except in the case of ectopic pregnancy

• Health issues due to nuclear weapons/materials, chemical and biological weapons, radiation of any kind

• Treatment for infertility any fertility, sub-fertility or assisted conception procedure

• The provision or fitting of hearing aids, spectacles or contact lens

• Treatment taken on Outpatient basis

• Sterility, treatment whether to affect infertility, surrogate or vicarious pregnancy, birth control, contraceptive supplies or services including complications arising due to supplying service

• Treatment and supplies for analysis and adjustments of spinal subluxation, diagnosis and treatment by manipulation of the skeletal structure or for muscle stimulation by any means except treatment of fractures (excluding hairline fractures) and dislocations of the mandible and extremities

• Circumcisions (unless necessitated by Illness or Injury an forming part of treatment); treatment for correction of vision due to refractive error, aesthetic or change-of-life treatments of any description such as sex transformation operations

• Plastic surgery or cosmetic surgery or treatments to change appearance unless necessary as a part of Medically Necessary Treatment certified by the attending Medical Practitioner for reconstruction following an Accident, cancer or burns

• Experimental, investigational or unproven treatments, devices and pharmacological regimens

• Vaccination including inoculation and immunisations (Except post bite treatment)

• Preventive care, any physical, psychiatric or psychological examinations or testing if doesn’t required Hospitalization; enteral feedings (infusion formulas via a tube into the upper gastrointestinal tract) and other nutritional and electrolyte supplements, unless certified to be required by the attending Medical Practitioner as a direct consequence of an otherwise covered claim

• Admission primarily for diagnostic purposes not related to Illness for which Hospitalization has been done and Conditions for which In patient Hospitalization is not warranted

• Non-Medical expenses such as charges for admission, discharge, registration, Items of personal comfort and convenience including but not limited to television (wherever specifically charged for), charges for access to telephone and telephone calls (wherever specifically charged for) , foodstuffs (except patient‘s diet), cosmetics, hygiene articles, body care products and bath additive, barber or beauty service, guest service as well as similar incidental services and supplies, and medical supplies including elastic stockings, diabetic test strip, etc

• Charges related to a Hospital stay not expressly mentioned as being covered, including but not limited to, administration, documentation and filing

• Any Convalescence, cure, rest cure, sanatorium treatment, rehabilitation measures, private duty nursing, respite care, long-term nursing care or custodial care

• Treatment rendered by a Medical Practitioner which is outside his discipline or the discipline for which he is licensed; treatments rendered by a Medical Practitioner who is a member of an Insured Person’s family, or stays with him

• Any Claim arising due to Non-disclosure of Pre-existing Illness or Material fact as sought to be declared on the Proposal form

• Dental Treatment and surgery of any kind, unless requiring Hospitalization.

• Any treatment or part of a treatment that is not of a Reasonable and Customary charge, not Medically Necessary; treatments or drugs not supported by a prescription

• Expenses for Artificial limbs, crutches or any other external appliance and/or device used for diagnosis or treatment (except when used intra-operatively)

• Vitamins and tonics unless vitamins and tonics are certified to be required by the attending Medical Practitioner as a direct consequence of an otherwise covered claims

• HIV/STDs/AIDS - Venereal disease, sexually transmitted disease or Illness