Medical Health Insurance Policy by Apollo Munich
Apollo Munich Health Insurance - Policy Details
Apollo Munich Heath Insurance plan is formulated and designed in an easy way to suite your demand. Health care insurance not only protect you against the medical costs but it will teach you on the course of well-being, by offering good protection. Health insurance is beneficial coverage as it pays your medical and surgical expenses. Without proper health care insurance, an illness or accident can wipe you out financially and put you and your family in debt for years. Apollo Munich offers a type of health insurance cover that pays for medical expenses in exchange for premiums. With this Insurance policy, you will also have access to value added services like cashless treatment, a 24 hour helpline and ambulance referral facility at no additional cost. Health insurance cover has been designed to ensure that you and your family get the best medical treatment at any time when you need it. You can undergo treatment in any one of the network hospitals and walk out without paying any of your medical expenses. Take an adequate cover to protect yourself and everyone who is dependent on your income for example your family members.
Hospitalisation costs are higher in metros; people living in metros typically should opt for a higher coverage amount. Imagine if you or any member of your family suddenly falls ill, you have to run around to arrange cash in emergency. Apollo Munich Health Insurance in that case provides you with cashless cards for re-reimbursement plans so that you could simply present the card at the time of admission in the hospital without paying any fee charge. Pre and post hospitalisation means the medical expenses incurred during a period before & after hospitalisation for any disease / illness / injury sustained which is covered under your Policy. The period before and after hospitalisation that is covered depends on the type of plan opted for. We have three different plans to choose from basic, premium and optimum.
In case of basic plan, pre-hospitalisation expenses and post-hospitalisation expenses are covered for a period of up to 30 days before hospitalisation and up to 60 days after hospitalisation respectively. You can avail for cashless facility that is usually provided by health care insurance, in which you will be able to get the hospitalisation treatment free of cost. Medical health insurance is sub categorized into planned claim and emergency. In case of planned claim an insured is already aware of the hospitalisation two-three days in advance. In case of emergency an insured or his/ her family member requires immediate hospitalisation, due to serious illness or an accident. Moreover, you should have good knowledge of your coverage limits so that your claim would never be rejected. It is better to understand all the terms and conditions of the policy and to have knowledge of different aspects related to health insurance arena in order to avail the benefits of your plan to the fullest. Medical health insurance offers you this facility of cashless mediclaim with its products. Some important key points related to Apollo Health Insurance are:
1. The Apollo Health Insurance Policy is valid for one year.
2. Premium up to Rs.15,000/- qualifies for tax benefit under Section 80D of the Income Tax Act.
3. The expenses or benefits can be claimed or indemnified by reimbursement or by availing cashless services at the network hospitals.
4. Optional additional coverage for Critical Illness.
5. 10% cumulative bonus for every claim-free year accumulating up to 50%
The Health insurance benefits connected with Apollo health insurance plans are:-
Easy health plan:
a) Medical health insurance covers expenses for 140 day care method, where as in-patient health insurance is for less that twenty four.
b) Depending upon the terms and conditions of the policy, post hospitalisation offers covers to expenses incurred for specific number of days after discharged from hospitals.
c) Health insurance cover provides Tax benefits.
d) Health care insurance offers critical illness coverage.
Personal accidental plan:
a) If death occurs due to an accident, you and your family member are entitled for the lump sum payment.b) In case of an emergency, Health insurance cover provides you the expense incurred on ambulance for transfer of an insured in the nearest hospital.
c) In case of accidental death or permanent disablement, medical health insurance reimburses the amount incurred in transportation of one immediate family member to the hospital.
Travel Insurance:
a) Health care insurance provides an arrangement with the local doctors.b) Health insurance cover provides lost passport assistance.
c) Emergency cash advances facility.
Medical health insurance promotes prevention and well-being. Health care insurance provides a wide range of add-on services for you. Its plans incorporate such value added services to enable customers to stay healthy all the time and to stay fit easily. The services have been designed to make staying healthy easy for the insured individual, so that the need to use the policy never arises. It is an online tool that provides users with assistance for their healthcare needs. Medical health insurance offers you health line service, in which you have 24*7 phone service with the doctor. One can also avail information about which doctor should be consulted (in-person), if the patient needs a physical check-up or any other medical aid. Cashless hospitalsation has also made medical care easy. It gives a policy holder access to go to network hospitals and get treated without having to pay any medical bills. These are settled by the company and the network hospital without the insurance holder having to pay anything.
All you need to take advantage of financial and medical benefits by investing in health insurance products. It is indirectly the financial security in case of emergencies. In an emergency situation, you can rely on an insurance company to bear your expenses. But, you take searching for a honored organization that is worth trusting. Healthcare is a vast global industry, and there are few who can master the art of taking on the risk of healthcare globally. Apollo Munich Health Insurance, which is a business segment of that, has taken on the responsibility of making the world a healthier place, by providing easy healthcare solutions to one and all across the globe.