- About Coverfox
National Health Insurance premium calculator is a free online tool that will assist you in calculating the premium for your health plan. To begin with, let us understand what the premium is. Premium is the amount that you have to pay regularly on an annual basis to the Health Insurance Companies in order to avail of the benefits of the insurance policy. If you want to know the exact premium amount for your insurance policy, you can calculate the same on Coverfox with the help of an online premium calculator. All you have to do is enter the respective details and let the tool handle the rest.
Once you have successfully paid for the premium amount, the insurance company will provide cover for any form of medical expenses and emergency accident-related hospitalization. It also includes any type of illness or disease, as mentioned under the scope of cover of your plan.
Note: All information has been sourced from the official website of the respective insurer.
National Insurance is a public sector general insurance company in India. It is one of the oldest and most trusted insurance providers in India. Currently, the insurer has over 1730 offices, 13000 skilled employees, and over 50000 agents spread all over the country.
The mission of the company is:
The vision of the company is:
Here are the key highlights of the National Insurance Company. The claim settlement ratio has been sourced from the annual report filed by IRDAI for FY 2018-19. The waiting period depends on the type of policy you have selected.
|Incurred Claims Ratio for FY 2018-19||115.15%|
|Renewability||Lifelong Renewal Option|
|Cashless Claims Facility||Available|
|Pre-existing Disease Coverage||Post 4 years of policy inception|
National Insurance Company offers a wide range of insurance policies such as Motor Vehicle Insurance, Personal Accident, Householders’ Insurance, Shopkeepers’ Insurance, Life Insurance, Agricultural implements, Rural Insurance covering Livestock, Industrial & Commercial Insurance, protection against fire and natural calamities and much more.
As mentioned above, you can calculate the premium amount for National Health Insurance with an online premium calculator. You can avail of the services of this free tool online on Coverfox. What does a premium calculator do? A premium calculator helps you determine the right premium amount for your favorite Comprehensive National Health insurance policy . In short, it will do all the hard work of math calculations for you automatically!
Once you have calculated your premium amount, you will be well-versed to make prudent financial decisions. You can also plan your annual expenses for saving tax accordingly. This entire process will keep you well prepared in advance before buying a health insurance policy. If you want to use the National Health Insurance Premium Calculator, visit the official website of Coverfox and follow the mentioned steps. The calculator is highly intuitive and self-explanatory.
Once you have entered the following details, click on submit, and the premium calculator will determine the best premium amount for you. Still, confused about calculating the premium amount? Call us on 1800 209 9930 and let us handle the rest.
It is always advisable to be well prepared before making the final decision to buy National Health Insurance. Here are six reasons to calculate premium online:
How will the National Health Insurance Premium Calculator be useful?
National Health Insurance Plans
Let us look at one of the most popular health insurance policies offered by the National Insurance Company of India. Know more about this plan mentioned below online on Coverfox.
Articles on National Insurance
Due to the pandemic, the National Insurance Company has launched a Corona Kavach health insurance plan for all individuals between the age of 18 years to 65 years. All insurers have been directed by the IRDAI to offer Corona Healthcare Policies during the lockdown and after.
|Criteria||Features and Benefits|
|Sum Insured||Rs. 50,000/- to Rs. 5, 00,000/-|
|Entry Age||18 to 65 years|
|Treatment||Allopathy and AYUSH (Up to 100% of SI)|
|Emergency Ambulance||Covered up to sub-limit|
|Pre and Post Hospitalization||15 days and 30 days|
|Cashless Facility||Only at National Health Insurance Network Hospitals|
|What is Covered?|
Pre-existing diseases will only be covered ost the waiting period
Rest Cure, rehabilitation and respite care
Any form of unproven treatments/unauthorized treatment
Any form of investigation or medical evaluation
Dietary or weight loss supplements
COVID-19 claims diagnosed prior to policy inception
Any form of daycare treatment or Out Patient Department
Treatment conducted outside India
Treatment unauthorized by the Government of India
You can select either of the options - Cashless or Reimbursement.
For Cashless Claims,
You need to get admitted at a network hospital and furnish your cashless card and KYC details for pre-authorization by the insurer or its authorized TPA
You have to duly fill the cashless claim application form with details from the network hospitals and TPA and send it to the insurer for authorization
Your insurer will go through the relevant documents along with the medical information and cashless claim application form. Post verification, the pre-authorization letter will be issued to the hospital
Once your treatment is complete, you only need to pay for non-medical and inadmissible expenses and sign the discharge card
Note: If you are unable to provide the necessary medical bills and documents, the insurer might reject your cashless claim application.
For Reimbursement Claims,
Investigation reports (original) including Insured Person's test reports from Authorized diagnostic centre for COVID -19.
OT notes or Surgeon's certificate giving details of the operation performed, wherever applicable.
Documents Required for Home Care Treatment,
Note: The following documents are applicable for Hospitalization Expenses, AYUSH Hospitalization, and Pre-Post Hospitalization Expenses. The notification of the claim must be sent to the insurer 24 hours from the date of emergency hospitalization or cashless home care treatment. In the case of planned hospitalization, the insured must be informed at least 24 hours prior to admission to the hospital.
In Simple Words,
If you are looking for a comprehensive health insurance policy that comes with COVID-19 cover along with Allopathic/AYUSH Benefit, National Health Insurance is your best option available in the market today.