How to claim?
You can make a claim under a Health insurance policy in two ways:
1. Cashless basis
2. Reimbursement basis
No Claim Bonus
This is very important. If you are staying fit and healthy, health insurance plans reward you with ‘No Claim Bonus’. If you do not make any insurance claim during your policy period, insurance companies give ‘No Claim Bonus’. Insurance companies reward you with a discount on your next premium when you go for renewal. The discount can keep increasing every year depending upon on your health status and your premium could come down substantially.
Why buy insurance on InsureMile online platform?
1. Because enquiry about insurance quotes, buying of insurance and other transactions are simple, transparent and competitive on InsureMile platform.
2. Because InsureMile does not ask you for your phone number or email details, thus you are not harassed by unwanted calls or mail.
3. Because InsureMile will guide you, whenever you need any assistance.
The most important differentiator is InsureMile’s ‘Buy A Policy, Feed A Child’ mission
For every policy you buy, InsureMile on your behalf contributes 10 meals to a child.
You are thus becoming part of a Social Movement to eradicate hunger among children in India.
There is no additional amount to be paid for the social cause. It is part of the premium.
You can claim tax benefits for the donation you have made
Reasons to why you should compare a health insurance policy
⦁ To acquire accurate information free from insurance agent bias, request for an online individual health insurance quote by providing accurate information.
⦁ An online individual health insurance quote is convenient and easy to get.
⦁ When you compare individual health insurance quotes online, you are able to find pocket friendly options resulting in savings.
⦁ The cheapest health insurance policy may not be the best individual health insurance plan therefore the need to compare.
Advantages of an individual health insurance policy
There are various benefits to having a health insurance policy. The advantages include
⦁ The best individual health insurance policy has no maximum age restriction for policy renewal.
⦁ The insured earns all the benefits on the policy.
⦁ The insured earns the individual sum assured and not a floating sum with this policy.
⦁ Being an individual, you can make more than one claim in a year with this health insurance policy.
⦁ There are tax benefits that increase with age in an individual health insurance cover.
⦁ If you are at higher health risks due to age, nature of work this is an ideal health insurance plan.
⦁ It ensures that your health does not depilate your resources and compromise your future lifestyle.
There are many other numerous advantages to having an individual health insurance policy and it is always advisable to have a health plan.