The Indian government aims to provide all citizens Universal Health Coverage (HUC) through initiatives such as the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). To ensure effective implementation at the grassroots level states like Himachal Pradesh have introduced specific schemes. The Swasthya Bima Yojana is a senior citizen health insurance scheme in Himachal Pradesh, which aims to enhance the well-being of elderly adults by alleviating financial concerns associated with medical care. Read on to learn more about this scheme.

Eligibility Under Himachal Pradesh Swasthya Bima Yojana

This health insurance policy aims to help the at-risk elderly population of Himachal Pradesh. The eligibility requirements are as follows:

• Residency: This scheme is exclusively open to permanent residents of Himachal Pradesh. This ensures that only the local populace will reap the advantages.

• Age: The plan is designed with the elderly in mind. It takes into account the fact that people's healthcare needs tend to increase with age and provides assistance accordingly.

• Income Consideration: Retirees from lower-income families are the primary target of the program.

• Lack of Insurance: Its intended beneficiaries are people who do not have health insurance through their current provider. Its goal is to help seniors who are at the greatest risk fill the gap so they may get the help they need to take care of their health.
  

Benefits of Himachal Pradesh Swasthya Bima Yojana

The benefits of Himachal Pradesh Swasthya Bima Yojana are as follows:

• Extensive Coverage: This plan includes a wide range of medical services, from minor surgeries to major procedures. It provides every family with a strong financial safety net, reducing the burden of healthcare expenses. With coverage up to ₹5 lakh per year, it offers significant financial support.

• Cashless Treatment: The system facilitates access to healthcare at affiliated hospitals in Himachal Pradesh, ensuring patients receive necessary care promptly without immediate payment concerns.

• Inclusion of Pre-existing Diseases: Under this plan, coverage for pre-existing conditions begins immediately with no waiting periods, which is particularly beneficial for elderly enrollees.

• Family Benefits: The policy safeguards the entire family, ensuring all members receive necessary medical care while simplifying and making health management more affordable.

Documents Needed For Himachal Pradesh Swasthya Bima Yojana

Gathering the right documents is crucial to verify your eligibility and streamline the process.

• Proof of Residency: You will need a document such as an Aadhaar Card or Voter ID to prove your permanent residency in Himachal Pradesh. This ensures that benefits are allocated to locals.

• Income Certificate: This document is crucial to confirm your financial status and ensure that assistance is distributed to those requiring it.

• Proof of Age: You need to utilise a government-issued document, such as your passport or birth certificate, to demonstrate that you are a senior citizen per the scheme's age requirements.

• Medical Records: Those with pre-existing medical concerns must submit pertinent medical records to ensure coverage from the start of the policy.

• Bank Account Details: Precise bank account information is required to facilitate cashless transactions and fast reimbursements. Beneficiaries will find that medical billing is easier and more efficient.

Conclusion

The elderly population in Himachal Pradesh now enjoy the benefits of accessible healthcare. The Himachal Pradesh Swasthya Bima Yojana can be a crucial health insurance policy for individuals seeking assistance with high treatment costs.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

Diabetes is a chronic degenerative condition that requires constant attention, regular medication, monitoring, and sometimes hospitalisation. When the sole breadwinner is diabetic, it can be difficult for the family to bear these expenses. Moreover, the patient is under constant stress about managing the finances for the treatment, which further aggravates their sugar level. At such times, health insurance plans provide financial support to meet the high costs linked with diabetes. Comprehensive insurance plans allow diabetes patients to balance life and financial responsibilities without hassle.

How Does Health Insurance Help Diabetic Patients?

Health insurance plans for diabetic patients cover the cost of their insulin, oral medications, and other prescribed treatments. These medicines are required to reduce the blood sugar level. However, the cost of these medicines may take away a significant amount of a person’s income, which can impact the family’s expenses.

Furthermore, diabetes patients can also use their insurance policy for regular check-ups, eye and other body part examinations, or for visiting a specialist doctor.

A health insurance plan is extremely useful when a diabetes patient needs to be hospitalised during an emergency caused by hypoglycemia or hyperglycemia. If a patient is covered by an insurance plan, the hospital provides them instant treatment, leaving no room to worry about the costs involved.

How to Buy an Affordable Health Insurance for Diabetics

The methods outlined below can help diabetes patients secure affordable health insurance.

• Look for health insurance plans from various insurers and compare them. Check for the diabetes care they provide. It should include medications, screenings, and specialist visits.
• Check whether the health insurance provider operates through a network of healthcare providers, hospitals, or pharmacies that are easily accessible. Quick and easy accessibility becomes very vital during emergencies.
• Evaluate the cost of deductibles and the number of premiums. An insurance plan with a higher deductible will have a lower premium. However, out-of-pocket costs usually increase in such a plan. Thus, you should look for affordable health insurance for diabetics with maximum value for money.
• Take the help of some insurance agents or brokers if you find the process difficult. Alternatively, you can easily purchase your plan online by filling in necessary details such as name, age, and location and submitting documents that prove the presence of diabetes.

Conclusion

Affordable health insurance plans are not only convenient but a necessity for diabetes patients. It helps them deal with chronic situations in a stress-free manner. By getting regular check-ups done and ensuring the costs are covered by their insurance policies, diabetes patients needn’t worry about the expenses anymore. Thus, the right health insurance plan safeguards your physical and mental well-being, too.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

We can all admit that the whole facade of health insurance is somewhat of a maze. Despite all its complexities, we crave assurance in the face of a fatal sickness. Of course, life is not always perfect and your existing health insurance policy may only cover your most basic requirements. Well, this is where top-up health insurance comes to the rescue! It’s a supplement to your existing health insurance. It provides financial coverage after you have utilised the maximum claim amount. Top-up health insurance has several benefits that can be quite helpful during an urgent medical condition.

What are the Pros of Buying Top-up Medical Insurance

The complete benefits of top-up health insurance can be reaped by purchasing the right plan. The advantages you will get are:

Save Your Money

The usual health insurance comes with an extremely high coverage or sum insured and can cost a lot of money. But top-up plans are a lot more cost-effective and heavily favoured. Instead of being provided with a fixed measure of coverage that contains options they will never use, people get to select only the coverage they require.

Peace of Mind, Big Time

A top-up plan should safeguard the consumer against a potential bill that they are not prepared to pay due to their health status. It exists as an additional plan that serves to supplement your primary health insurance while being conveniently affordable. This means reduced pressure on patients and more time for them to concentrate on healing!

Flexibility is Key

Traditional health insurance policies are not overly liberal as compared to the top-up plans that are available today. The premiums are completely reasonable and you can select the coverage amount appropriate for your needs. This is particularly beneficial for young and healthy users who need some additional protection that won’t cost them a lot of money.

Customise Your Coverage

Some plans allow you to purchase additional options such as dental treatment, massage, or consultations with some specialists. This permits you to choose the perfect coverage that corresponds best to what you may need and the kind of life you want to lead.

Future-Proofing Your Health

A top-up plan is like having a road map. There are numerous benefits of getting screened for health conditions and seeking treatment in the early stages, using the top-up plan coverage. It also provides the protection that comes with having that extra insurance when costs surge in the future.

Difference Between Top-up and Regular Health Insurance

So, how does the top-up plan work in relation to the normal health insurance plan? Here's a quick comparison:

• Regular Health Insurance: This is your main insurance policy. This limits the amount of money that is compensated for the medical bills up to a certain figure or sum insured. Once this limit is reached, any additional costs have to be incurred from your pocket.

• Top-up Health Insurance: This serves as an extra security measure. It becomes effective when one has completely utilised their major medical coverage plan for insured services. You have the complete freedom of choosing your coverage domain as per your requirements.

Conclusion

The benefits of top-up medical insurance are numerous. They are a great help when organising the part of your budget that covers your health expenses. It can be the most cost-effective means of enhancing your current level of coverage. Top-up health plans offer you the assurance and convenience of choosing the level of health shield you want. Therefore, if you wish to enhance and safeguard your existing health policy, a top-up plan may be the ideal solution! 

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

A top-up health insurance policy is an additional health insurance plan that raises the maximum amount covered by your current health insurance. Financial coverage is provided once the maximum claim amount has been used. It serves as a backup and extra layer of financial security for your primary health insurance plan when the fixed sum insured is depleted.

The search for the best and the most appropriate health insurance plans becomes a daunting challenge, with so many options available. But don’t worry! Today we will guide you through the process of choosing the right top-up plan for your health insurance.

How to Choose the Best Top-up Policy?

Consider the following tips to choose the best top-up plan for health insurance:

• Coverage Amount: Ensure that the coverage amount of the top-up plan provides adequate additional protection on top of your existing policy.

• Premium Costs: Compare and find which top-up plan is cheaper and has a lower premium than others.

• Waiting Period: Find out the waiting period for different pre-existing diseases.

• Network Hospitals: It is also important that the insurance company has a good network of hospitals.

• Claim Process: Ensure that the plan has an easy and rapid procedure for filing the claim.

What are the Merits of Buying a Top-up Health Insurance Plan?

Some of the benefits of buying the best top-up plan for medical insurance are:

Peace of mind

Nobody wishes to experience a financial meltdown right after being faced with an ordeal concerning their health. A top-up plan is the best way to find economic stability during your treatment period, without worrying about the expenses.

Flexibility

Top-up plans are not as rigid as some other types of health insurance policies that are usually available today. You can either opt for a full package cover or choose one that is fully basic; all of it while ensuring it suits your wallet. These policies are particularly useful if one is young and in good health but wishes to have some form of coverage against several unforeseeable medical emergencies.

Versatility

To broaden your coverage, you can opt for many top-up plans that offer additional benefits. Insurers let you select the so-called optional addendums regarding mental health support, consultations with doctors or dentists services, and others.

What You Get Under a Top-up Health Insurance Policy?

The advantages you will get with the best top-up health policy are:

• Higher Sum Insured: Under top-up health insurance policies, you get special compensations that go way beyond your basic policy schedule.

• Financial safety net: It comes in once you have incurred and met your primary health insurance expense. This is great since it does not put you in a disadvantaged situation of having to provide the initial costs from your pocket.

• Affordable Premiums: With this, you will be charged a lower premium which is much better than having to upgrade your existing policy for broader coverage.

• Comprehensive Coverage: Another point that makes it stand out is the wide range of its coverage. This encompasses the cost of hospitalisation, surgery, critical illness care, or any other condition that may need hospitalisation.

Conclusion

Getting the best top-up health policy for your health insurance doesn’t necessarily equate to struggling. You can boost your health insurance once you understand what an insurer can offer as per your requirements. Keep in mind that the most ideal top-up health policy should fit right in with the rest of your current health cover. Thus, it is vital to decide on a health insurance plan with a suitable top-up so that there are no unpleasant surprises.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

Road accidents are a significant concern, and the rate of such incidents is increasing in India. Personal accident (PA) insurance comes in handy in handling immediate treatment costs incurred due to any mishaps. Accident insurance, being a specific insurance policy, compensates for the financial burden arising due to the policyholder's disability or death. This insurance has a wider accidental claim coverage, which is not included in the general health insurance plan.

How Much PA Cover Should You Have?

Are you confused about “how much personal accident insurance do I need”?

The Insurance Regulatory and Development Authority of India (IRDA) has set the minimum limit for personal accident coverage of up to INR 15 lakh. Insurers must offer this coverage on motor insurance policies.

In addition to this mandatory cover offered by motor insurance companies, buying a separate personal accident insurance policy is highly advisable to secure your life.

A strong financial backup in the form of a PA insurance policy is a vital asset during emergencies. It ensures you’re financially prepared for any accidental contingencies. You can avail yourself of the best healthcare services to recover as soon as possible without worrying about money management.

Accidents often drain your savings as medical expenses are costly. Having a personal accident insurance policy means that you can come back to normal life after the mishap as soon as possible without breaking your savings.

One can have personal accident insurance, depending on their age, medical health, and occupation. It is recommended to buy the plan as soon as you start earning. Financial advisors recommend having personal accident insurance of up to 10 times your annual income if you are the soul friend of the family or drive on the highway often. Also, if you are involved in superintending operations, like contractors, engineers, or builders, PA insurance is a must-have.

What are the Pros of Opting for Personal Accident Insurance?

The intangible benefits of a personal accident insurance policy are peace of mind, financial security, and preparedness for any emergency. This policy ensures that your loved ones don’t have to face financial burdens during critical times of an accident.

• This policy has an easy and simple claim settlement process, which is available 24/7. When admitted to the hospital, insureds or their families can seek quick resolution from the insurance company.

• By paying an add-on premium to the insurance, the unnamed passengers, other than the policyholder, are also entitled to compensation from the insurer.

• Additionally, employees like paid drivers, cleaners, or conductors are also eligible for compensation under accident insurance. However, an additional annual premium must be paid to ensure the compensation is similar to that of the policyholder.

Conclusion

Besides having a health insurance plan, investing in personal accident insurance provides extensive coverage to meet treatment costs if the policyholder meets an accident. This covers accidental death, permanent disability, and partial permanent disability. The premium of this policy may vary, depending upon the choice of the insurance company, the policy cover chosen, and the sum insured.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

As life is unpredictable, accidents can happen anytime, anywhere. Personal accident (PA) insurance becomes necessary to protect against the financial burdens that may arise from unexpected mishaps. If you think having life insurance will suffice to cover your medical expenses, read to know why personal accident insurance is necessary.

Also, we are clearing the air around is personal accident insurance a life insurance?

What is Personal Accident Insurance?   

A personal accident insurance policy offers comprehensive financial security to policyholders and their families. These plans are designed to safeguard against unforeseen events like accidental death, partial or total disability (temporary or permanent), or bodily injury in an accident.

• Not just major accidents, PA insurance also covers minor injuries such as fractures and dislocations. In addition, ambulance costs, hospitalisation charges, and many other related expenses are also compensated.
• In case a policyholder dies in an accident, the nominee receives the full compensation amount from the insurer.
• Personal accident insurance helps the policyholder's family keep their savings intact.
• If the insured person has dependent children (under the age of 19), the policy covers their education fees and medical expenses, as they are paid the compensation amount to complete their education.
• The medical expenses of the insured are compensated by the insurer if he suffers a permanent disability or death (eligible up to the sum assured).
• If there is a partial disability, only a portion of the sum assured is paid to the insured (depending upon the severity).
• The accident insurance plan can be renewed after suffering partial or temporary disability in a mishap.

Major Difference Between PA Insurance and Life Insurance 

Having a life insurance policy not only provides financial cover but also helps to achieve financial goals like retirement plans, long-term and short-term goals, etc. On the other hand, personal accident insurance protects family members in case of the policyholder's accidental death or disability, which makes both covers different yet overlapping.

A life insurance plan's premiums are eligible for tax deductions when filing income tax returns. However, accidental insurance policy premiums do not offer tax benefits.

Life insurance is costlier compared to a personal accident policy because the latter is part of the risk covered by the former.

While life insurance does not cover medical eventualities and offers only death benefits to the insured person's family, an accident policy provides financial cover against the insured person's permanent total or partial disability. It also covers accidental dismemberment, burns, fractures, and other injuries.

Conclusion

The term life insurance covers the policyholder's death due to natural or accidental reasons. The personal accident insurance policy covers death and disabilities caused by an accident. It doesn't cover claims arising due to the natural death of the policyholder. Besides these two, we recommend evaluating health insurance plans for available benefits like cashless hospitalisation and free medical checkups. A health insurance plan is more a necessity than just an option.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

Introduction  

Insurance policies are contracts between insurer and policyholder aimed at providing financial protection from specified risks and losses. These policies help manage various risks and ensure financial stability in various aspects of life. Insurance policies are of various types and include health insurance policy, life insurance, auto insurance, home insurance, personal accident policy, and so on. An individual can choose the type of coverage depending on their particular needs.

Can You Claim from Multiple Personal Accident Policies in a Year?

A personal accident policy comes under the broader medical insurance range that one can claim in the event of such an unfortunate incident. Furthermore, the benefits offered under these policies extend beyond medical requirements and take adequate care of other financial requirements. To further one's scope of availing a wide range of benefits, individuals can opt for multiple accident coverage policies depending on how they assess their requirements.

Typically, every personal accident insurance policy covers the following over and above medical liabilities:

• Accidental death cover
• Permanent disability cover
• Temporary total disability cover
• Permanent partial disability cover

Hence, the answer is in the affirmative to the query, “Can I claim multiple personal accident insurance?”

How to Claim Personal Accident Insurance from Multiple Insurers?    

Holding multiple personal accident insurance policies endows individuals with more comprehensive coverage. However, a certain protocol needs to be followed while filing such claims.

Here's how you can rightfully claim your insurance from multiple insurers

• Cashless claims: This claim can be availed of at the network hospital, whereby you get a claim settlement summary after raising the claim. Approach your other insurer with this summary and hospital bills to settle the balance amount through reimbursement.
• Reimbursement claims: The reimbursement claim works even with your primary insurer if you do not receive treatment at in-network hospitals. Submit the required documents, most essentially bill receipts and prescriptions along with the claim form, and you should be able to recover those expenses.

Conclusion 

Accident insurance plans are a great medium to insure yourself from future losses. And, for those grappling with the question, “Does personal accident insurance cover overseas?” the answer is a resounding yes! This dynamic feature makes purchasing at least one of such policies even more worthwhile. Ensure you read the documents carefully before you buy a policy while ascertaining all your worries will be addressed.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

Voluntary personal accident insurance (VPA), or supplemental accident insurance, is an insurance product an organisation offers its employees to manage financial risks during unexpected illnesses or injuries. VPA does not replace a GPA policy; it is part of the overall health insurance package for employees.

Let us explore various aspects and advantages of VPA in the following sections.

When Should You Be Aware of Voluntary Accident Insurance?

 VPA insurance can help in the following circumstances:

• Accident: Some health insurance policies do not cover deductibles, copays, and coinsurance. Knowledge about VPA will help you in such situations. Also, it helps with other costs associated with an accident, such as crutches for broken leg/s.
• Unable to Go to Work: Voluntary accident insurance helps with financial stress when injuries keep you out of work or prevent you from visiting the office or functioning normally.
• Offer from an Employer: Some employers offer voluntary personal accident insurance as a part of overall employee benefits. It can also be extended to include family members. Companies do this for employee satisfaction, higher productivity, and peace of mind.

What to Know About Voluntary Accident Insurance?

Along with knowing what VPA is, it is also vital to know its coverage, exclusions, eligibility, and benefits. Coverage and benefits may differ from insurer to insurer.

• It covers medical expenses, including hospitalisation, surgery, diagnosis, and related expenses. VPA also compensates if a policyholder loses a source of income from severe injury or permanent disability.
• VPA can cover funeral expenses and children's education. If the policyholder dies in an accident, the sum insured is passed on to the nominee.
• Eligibility for buying a VPA is limited to individuals aged between 18 and 65 years. Policyholders can also add a family member (s) to the policy.

Top Pros of Opting for Voluntary Personal Accident Insurance

• India is one of the worst record holders globally regarding road accidents and related deaths and injuries. VPA insurance is an efficient way to secure yourself and your dependents financially in such unfortunate times.
• VPA insurance covers hospitalisation, medical treatment, and associated expenses. In case of permanent or temporary disability following an accident, the policyholder receives a part of the sum insured.
• Some insurers also provide post-surgery and post-treatment coverage. Usually, it is deductible from the payroll and also covers lost income arising from disability post-accident.

Conclusion

With VPA insurance, take control of your life from unexpected events that might occur. It is a complementary health insurance policy, does not replace your fixed employee benefits, and can be extended to include family members under its coverage. Discuss the policy with a professional insurance advisor and safeguard your well-being right away.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

A solid family health insurance plan is the most reassuring thing we can do to safeguard our loved ones. The term "family policy" refers to an insurance policy that covers an entire family, usually up to four people. It is an efficient method to handle the healthcare demands of the complete household without the trouble of keeping track of numerous individual policies. With family health insurance, you may rest easy knowing that the financial burden of medical care — be it a preventative appointment or an emergency.

Health Insurance for a Family of 4 in India

Looking into the options for health insurance for family of 4 in India turns up a maze of options, both public and private.  Each is designed to cater to the unique healthcare needs of different population segments. Let us take a look at some of them —

• Government Health Schemes: The Pradhan Mantri Jan Arogya Yojana (PMJAY) is one of many government programs that provide low-income families with extensive health care. These programs pay for a variety of medical procedures such as hospital stays and surgeries.

• Private Health Insurance Plans: Programs covering a wide range of medical costs are offered by private insurance firms. Pre- and post-hospitalisation care, maternity benefits, and wellness screenings are all part of this. You can find plans with customisable coverage that work for a family of four with these features.

• Comprehensive Coverage Options: Options for larger sum insured, critical illness coverage, and even global coverage for treatments abroad are available with some policies in addition to basic health coverage. These plans are a good fit for families seeking comprehensive health coverage.

• Added Benefits: Health screenings, immunisation coverage, and healthcare service savings are extra benefits that come with many plans. Families with children may find these plans especially helpful.

Conclusion

It is not necessary to feel overwhelmed when selecting a health insurance plan for your family. India offers a wide range of private insurance plans and government-backed mediclaim policies, so you can pick one that works for your family and their budget. A family health insurance policy is an investment in more than simply medical care —  you are making a wise investment in the future stability of your family.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

Introduction

Obtaining health insurance following a cancer diagnosis can be a daunting task. Cancer patients must secure suitable health insurance coverage to sustain ongoing treatments and alleviate financial burdens. The positive aspect is that individuals diagnosed with cancer have access to a range of insurance plans. However, it's essential to assess your health needs and thoroughly understand the details of these health insurance policies to make informed decisions.

Searching for an appropriate insurance policy for existing cancer patients serves to further complicate an already complex medical landscape. It is imperative to know where to search, what questions to pose, and how to ensure your policy aligns well with your treatment plan and financial considerations. Understanding the details of your policy is crucial to avoid surprises from unforeseen costs, especially given the lengthy and intensive nature of cancer treatments. Let's delve into securing health insurance for cancer patients, covering eligibility requirements, policy coverage details, and strategic steps for your application process.

Can Cancer Patients Get Medical Insurance After Diagnosis?

For cancer patients in search of medical insurance, the situation is not as daunting as it may seem. While insurance providers have varying rules regarding coverage for pre-existing conditions, many offer plans tailored for individuals diagnosed with serious illnesses like cancer. These plans may include conditions such as a waiting period before benefits related to cancer treatment can be accessed. However, other medical expenses are often still covered during this waiting period, providing a safety net while waiting for full coverage to begin.

The specifics of each policy can vary significantly, so it is crucial to compare details. For instance, some health insurance policies might cover all cancer treatments from the start of coverage, whereas others may restrict coverage to specific types or stages of cancer. Premiums can also differ based on coverage levels and the patient's health condition. It's crucial to review the policy's specifics thoroughly and seek guidance from a health insurance broker or healthcare advocate specializing in high-risk clients if needed.

Conclusion

Securing health insurance for existing cancer patients after diagnosis involves persistence and detailed research. Understanding the specific terms of insurance policies can significantly reduce the burden of medical expenses during this challenging time. It is also beneficial to engage with insurance professionals and seek advice from those who specialise in high-risk insurance coverage. Their insights can prove invaluable in finding a policy that accepts your pre-existing condition and supports you throughout your treatment journey. Remember that the right insurance policy is out there. It just requires diligent searching and understanding of your rights as a consumer in the healthcare market.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

A family floater critical illness plan protects the health and financial well-being of your family members. These policies pay a one-time lump sum amount on the occurrence of certain specific medical conditions defined in the policy (e.g., cancer, heart attack or stroke) and provide you with the financial support needed to fight off such illnesses. Read on to understand what makes these plans unique and how they can protect your family.

Features of Family Floater Critical Illness Insurance

Comprehensive Coverage

These health insurance plans usually cover a long list of serious illnesses, sometimes 20 or more conditions. It means you have coverage for several diseases under one policy, protecting your family from multiple health risks.

Lump Sum Payout

The plan provides a lump sum upon the diagnosis of a covered illness in an immediate family member. It can cover rehabilitation costs and medical expenses, and potentially compensate for lost wages, which is often a significant benefit.

Shared Sum Insured

The total coverage amount is distributed among family members, offering greater flexibility and cost-effectiveness.

Pros of Opting for Family Floater Critical Illness Insurance

• Cost-effective: Having the entire family under one plan is usually cheaper per person than purchasing a policy for each member separately.
• Simplified Management: Having to manage only one policy makes it much simpler to stay on top of premiums, renewals and claims
• Tax Benefits: Additionally, the insurance premiums you pay towards it can be claimed as a deduction under Section 80D of the Income Tax Act and help reduce your tax liability.

Selecting the Right Critical Illness Insurance Plan for Your Family

Conclusion

The family floater critical illness plan is a wise way to take care of your dear ones when they are diagnosed with severe health conditions. This combination package provides peace of mind, comprehensive coverage and financial flexibility. Take into account the medical conditions prevalent in your family and evaluate whether you can manage to cover the associated expenses. Use these insights to guide your selection of the right policy.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

Personal accident insurance coverage offers financial protection and support to individuals who meet with accidents or injuries. An accidental insurance cost can vary based on the type of policy, age, occupation, and coverage amount. Premiums are usually affordable, providing essential financial protection from accidental injuries, disabilities, or death.

How Much Does Accident Insurance Cost?

A personal accident insurance cost can vary based on several factors. They include coverage limit, deductible, type of policy you have selected, and your age. Policies that have higher coverage limits typically offer higher premiums because, in the event of a claim, the insurance company is legally obliged to pay out a larger amount. Another important factor that can help you determine the accident insurance cost is your age. If you are young, you will have to pay lower premiums as it is considered that you’re at a lower risk of experiencing accidents.

Conclusion

Personal accident insurance coverage can safeguard you from the unexpected financial turmoil that often comes along with accidents. So along with health insurance, you should also get personal accident insurance coverage as accidents are unexpected and can happen anytime to anyone.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

There are two types of personal accident insurance policies: individual and group accident insurance. A personal accident insurance policy protects from partial or permanent disability, including death. In case of permanent disability and accidental death, the insurer compensates the insured or their family for the sum-assured coverage. 

Types of Personal Accident Insurance

The types of personal accident insurance policy include individual and group accident insurance. 

• Individual accident insurance policy covers the accidental death of an individual or loss of vision or limbs following an accident. 
• Employers avail of a Group Accident Insurance plan for their employees. This plan offers:
• Accidental Death Cover: The sum assured goes to the nominee.
• Permanent Disability Cover: The policyholder receives a pre-determined sum.
• Permanent Partial Disability Cover: The insured receives 100% benefit of the sum assured.
• Temporary Total Disability: The policyholder receives a pre-agreed amount for total disability for a temporary period.

Conclusion

You should purchase a personal accident insurance policy along with health insurance right away for the welfare of your family. Choosing the correct personal accident insurance depends on individual needs, risk exposure, and financial goals. Carefully review policy details, coverage limits, and exclusions for adequate protection.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

Are you wondering what is deductible in top-up health insurance? A deductible is the amount you pay out of pocket for medical services before your insurer begins covering the costs. Deductibles differ based on insurance plans. Once you’ve paid the deductible in full, your insurance company will share or fully pay the expenses of your healthcare needs.

What are the Coverages Under Personal Accident Policy?

A personal accident policy covers several aspects, and they include:

• Road traffic accidents
• An injury or accident that takes place at the workplace
• Permanent or total disability as the result of an accident
• Injuries caused by someone’s violent action
• Loss of body part(s) or the inability to fully use them
• Injuries caused by spillages, slips, and falls

You may also receive coverage for medical expenses related to your accident, such as physiotherapy. Depending on your lifestyle and needs, some policies could be more flexible and include other scenarios. If the policyholder dies in an accident, the nominee will receive 100% of the insured amount as compensation.

Conclusion

A deductible in top-up health insurance is a predefined amount that has to be paid out-of-pocket before the top-up policy provides coverage. It helps in managing premiums and provides additional protection for high medical costs. This facet makes it a valuable addition to a comprehensive health insurance plan. Understanding how the deductible works and choosing the right amount can optimise the benefits of top-up health insurance.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

Accidents can occur anytime and without warning and personal accident insurance can provide financial protection when needed. The question is, what does a personal accident policy cover? Most of us know it is a valuable addition to an individual's insurance portfolio, offering support when unexpected events occur.

What are the Coverages Under Personal Accident Policy?

So, what is covered by personal accident insurance? PA insurance typically covers:

• Accidental Death: Provides a lump sum benefit to the policyholder's beneficiaries if the insured dies in an accident. 
• Permanent Total Disability: Pays a lump sum benefit following a permanent total disability (PTD) to the insured that prevents them from working. 
• Permanent Partial Disability: Offers a benefit if the insured sustains a permanent partial disability (PPD) from an accident, such as loss of limb, sight, or hearing. 
• Temporary Total Disablement: Provides a weekly or monthly benefit if the insured cannot work temporarily following an accident-related injury. 
• Medical Expenses: Reimburses medical costs incurred from treatment of injuries sustained in an accident. This can include hospital stays, surgeries, medications, and other necessary treatments.
• Ambulance Costs: This often includes insurance to cover the costs of taking the patient in an ambulance to the hospital following an accident.
• Child Education Benefit: If the insured’s death or permanent total disability is caused by an accident, this benefit will cater to the education of their dependent children.

Conclusion

Now, we are better positioned to answer the question, “What does a personal accident policy cover?” Personal accidental insurance can provide significant financial support in the wake of an accident. It covers various expenses to ensure your and your family’s financial protection. Furthermore, you can opt for a comprehensive health insurance policy to alleviate further stress stemming from additional financial duress. Here’s to a happy life ahead!

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

A report indicates that more than 40% of the elderly in India live with poor wealth, and 18.7% are void of any income sources. The statistics highlight the grim situation of geriatrics in India. The young generation has the responsibility to choose the best medical insurance for senior citizens in India, be it their parents or grandparents. Senior citizen health insurance is tailor-made to provide a financial cushion to people over 60 who need frequent medical assistance. Stay glued to learn more about the best health insurance policy for senior citizens in India.

Checklist to Purchase the Best Health Insurance Plan for Senior Citizens in India

Here are the key considerations when choosing the best senior citizen health insurance policy in India:

• The health insurance plans usually provide coverage for pre-existing diseases but with a waiting period that can range up to 4 years. Until then, the policyholder cannot claim reimbursement for their treatment. Therefore, prioritise a policy with a smaller waiting period.
• One of the best health insurance companies in India for senior citizens is the one associated with an expanded network of hospitals so that you can rush to the nearest hospital during an emergency.
• Choose a policy providing a free medical check-up facility.
• It should cover the cost of treatment at home.
• Since the premium of senior citizen health insurance is already high, look for a policy with lifetime renewability so that you do not have to spend much on buying new policies every time.

Best Medical Insurance Plans for Senior Citizens

Conclusion

Health insurance is the sine qua non for senior citizens, considering their age and the health ailments common to their age. Compare the best insurance plans for senior citizens and choose the one that suits your parents the best.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the Insurance industry and products. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.  

The nature of accidents is such that they come stealthily and depart swiftly, leaving many in tears behind them. Personal accident insurance is efficacious in such situations. The primary purpose of this is to compensate the family in the event of an accidental death or disability. Read on to learn more about the features of personal accident insurance.

What are the Features of Personal Accident Insurance?

 The characteristics of personal accident insurance are:

Accidental death of the policyholder

In the event of death due to an accident, the insurance company pays the insured amount to the nominee or the dependents of the deceased. For instance, if somebody has taken personal accident insurance of Rs. 50 lakh and unfortunately passes away in an accident, irrespective of whether it is a major or minor accident, the company will pay Rs. 50 lakh to his dependents as compensation. However, the policy does not provide coverage against death due to childbirth or a complicated pregnancy.

Permanent partial disability

If an accident renders any of your body parts, say a thumb, incapacitated, the insurance company compensates a certain percentage of the sum insured according to the disability, as pre-defined in the insurance policy. If the rate is not already defined,  compensation is provided based on the medical certificate prepared by the doctor. The sum is either provided in installments or paid at once.

Permanent total disability

Any major accident can cause a disability of a permanent nature, rendering a body part entirely useless, such as loss of eyesight, hands, or limbs, a paralysis attack, or leading to coma. Such accidents can leave a person unemployed for their entire lifetime, causing financial upheaval in the family. In such cases, the insurer provides the insured sum to the dependents.

Temporary total disability

Few accidents cause disability for a specific period, and there is hope of a complete recovery. Such incidents are categorised as temporary total disabilities. The company provides compensation every week to the policyholder until final recovery. The sum paid is determined based on the severity of the injury. However, if the policyholder harms himself intentionally, the insurer is not liable to pay a single penny.

Accidental hospitalisation coverage

A few policies also compensate for hospitalisation due to an accident. The insurance company bears the expenses during treatment, including the doctor's consultation fee. Pre- and post-hospitalisation charges are also included. The features are very similar to those provided in a health insurance plan.

Ambulance charges and coverage for carriage of dead body

One of the noteworthy features of personal accident insurance is the coverage of ambulance charges for carrying the insured from the location of the accident to the hospital. Unfortunately, if the policyholder passes away during this time, a certain percentage of the sum insured is provided over and above the insured amount to carry the dead body home.

In addition to the above features of personal accident insurance, the insurer also pays for the children's education. Compensation is provided for alteration in the house to ensure the mobility of the insured suffering total disablement. Other add-ons in the policy provide an option of loan repayment by the insurer in the event of the sudden demise of the insured.

Conclusion

The premium for personal accident insurance varies as per the profession of a person. For instance, a teacher has fewer chances of breaking legs than a mountaineer and, therefore, will pay a lesser premium. Ensure that you check out all the features of personal accident insurance and make a wise investment.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the Insurance industry and products. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.  

One can never predict when a medical emergency will happen. Having a personal accident and medical insurance policy will help you cover the expense of medical care during such unfortunate situations. However, both differ in the coverage they provide.

A health insurance policy offers comprehensive coverage for healthcare costs incurred during hospitalisation and treatment.  Personal accident insurance only pays out in circumstances like loss of life, disability, or injuries due to an accident. All health insurance plans cover hospitalisation and treatment expenses for injuries sustained during an accident but don’t provide compensation for death or disability due to the mishap.  So, if one needs to cover such situations, they need to purchase personal accident insurance with their health policy.

When you are searching for health insurance policies, you may come across the term sickness insurance. Both the terms are used interchangeably most of the time. However, they are entirely different. Sickness insurance provides monetary benefits in the event the policyholder gets diagnosed with a disease that can lead to permanent disability or inability to work temporarily. When you are planning to buy a policy, it is necessary to understand what is personal accident and sickness insurance, as well as health policy. This will help you choose the right one according to your needs.

What is the major difference between health insurance and personal accident insurance?

Many choose to have both health and personal accident insurance to ensure that they are protected against all possible health and accident risks. The latter is more targeted and offers particular benefits in the event of unintentional injuries or fatalities, whereas the former covers all health-related needs, including illnesses and certain accident cases.

The major differences between health insurance and personal accident insurance are as follows:

Conclusion

In the event of an accident, personal accident insurance offers benefits including disability payments or lump-sum payments for death or serious bodily harm. This provides financial security to the insured and his family. By covering medical expenses health insurance ensures financial stability during times of treatment and hospitalisation. 

When combined, personal accident and health insurance provide a complete safety net against health-related risks.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the Insurance industry and products. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.  

The Ayushman Bharat Health Account (ABHA) card is an efficient healthcare system that safeguards your health information. It contains a 14-digit identification number—ABHA ID—and is a virtual repository of vital health information. Read more to learn how to make an ABHA card.

How to Create an ABHA Card or Health ID Card?

Here are the steps to follow to create a health card and how to apply for it now:

• Visit the ABHA website https://abha.abdm.gov.in/abha/v3/ and ‘create ABHA number’.
• Choose either an Aadhaar or another identity card to generate the ABHA number.
• Enter your details to go through the declaration.
• After carefully reading the declaration, select ‘I Agree’ and enter the OTP sent to your registered mobile number.
• Next, hit ‘submit’, and it will successfully generate the ABHA ID number.

Conclusion

It is easy to learn how to create an Ayushman card online. ABHA offers a safe and secure platform for storing health information. Additionally, ensure you have proper health insurance along with your ABHA card for comprehensive coverage.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.

The Ayushman Bharat Digital Mission was launched in September 2021 by the National Health Authority to improve the availability, accessibility, acceptability, and affordability of healthcare through virtual more. The Government of India intends to develop an integrated digital health infrastructure for India through ABDM health card benefits. Let us better understand the benefits of the Ayushman Bharat Digital Mission. 

Major Benefits of Ayushman Bharat Digital Mission

The key benefits of Ayushman Bharat Digital Mission you must know are listed below:

• Better access to healthcare services through a strategic blend of healthcare services and digital technologies. Patients can access their health records from anywhere in India.
• Encrypted health records ensure the safety and security of your health information and restrict unauthorised access.
• Easy access to ABDM EMR (Electronic Medical Report) online.
• Significant reduction in patients’ waiting time, travelling time, cost, and associated expenses with online teleconsultation and pharmacy.
• Unique Health ID (UHID) under ABDM enables centralised management of health records, making it convenient for doctors to diagnose, advise, and treat patients across India.

Conclusion

The ABDM transcends mere policy. It is an upgrade to the Indian healthcare system. Embracing a comprehensive healthcare approach with health insurance guarantees that top-notch medical advice and essential medications are always a moment away.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended as a substitute for professional advice, diagnosis, or treatment. Please consult your general physician or another certified medical professional for any questions regarding a medical condition. Relying on any information provided in this blog is solely at your own risk, and ICICI Lombard is not responsible for any effects or consequences resulting from the use of the information shared.