IndusInd (Formerly Reliance) Health Insurance

The features of IndusInd Health Insurance are mentioned below:

• No. of members - The health insurance plan covers maximum 4 members of your family that may include up to 2 children and 2 adults.
• Lifelong Renewal – The plans offered are lifelong renewable, hence it saves you from the financial burden and stress caused by a medical emergency and keeps you well prepared to handle any situation.
• No Sub-Limits on Room Rent - As sub-limits on room rent practically eat into your sum insured, IndusInd Health Insurance scores brownie points for their plans without any sub-limits on the room rent.
• Pre & Post hospitalization cover - The plan covers medical expenses for 30 days prior to hospitalization and 60 days post hospitalization only for related medical expenses.
• Health Check-ups – On successful completion of 4 claim-free years, the health check-up expenses are reimbursed.
• Pre-existing diseases - Pre-existing diseases are covered after 4 years of waiting period.
• Co-payment - The plan has no co-payment policy.

The benefits of buying InduInd Health Insurance are mentioned below:

• Discounts: IndusInd Health Insurance provides a discount of 5% for a girl child or for single women. Offers a premium discount of 5% for IndusInd Private Car Package Policy customers
• Coverage: Offers coverage to immediate and extended family members under an individual mediclaim insurance policy
• Cashless facility: Offers cashless facility with a network that ranges more than 4000 hospitals
• Flexibility: Offers flexibility to make the premium payments via UPI, Paytm, Netbanking, Debit/Credit card etc. as per your convenience
• Re-instatement: Offers re-instatement of sum insured if get exhausted from your basic sum insured of your health insurance
• Mediclaim settlement: Offers quick and hassle-free claim settlement services
• Tax benefits: Section 80C and 10(10D) under the Income Tax Act, provides tax benefits for premiums paid regularly.
• Incurred Claim Settlement Ratio: The incurred claim settlement ratio of IndusInd Health Insurance for F.Y. 2018 - 19 is 94%.

There are two ways to make claim under a Health Insurance Policy:

A.) Cashless basis

In simple terms, for making a claim on cashless basis, the treatment must be done only at a network hospital of the insurance company servicing your policy. For availing the treatment, you would have to first seek an authorization as per the procedures laid down and in the prescribed form.

B.) Reimbursement basis

In case of claims on reimbursement basis, the insurance company has to be informed as per their prescribed procedures. The policyholder has to ensure that documents such as claim form, discharge summary, prescriptions and bills to be submitted for the claim on reimbursement are obtained after hospitalization.

With a robust base of faithful customers clubbed with sturdy Pan India branch setup, IndusInd Health Insurance Plans are reasonably priced and cost-optimized. Also the premiums are viable, pocket friendly and accounted for. The cover gives you cashless hospitalization benefit in over 4000 hospitals across nation. If a worthy health cover with strict budget is what's on your mind, IndusInd Health Insurance is a sure contender.

For details about plans on offer, do call Coverfox at 1800-209-9920 to assist you further.