Get the travel insurance policy from Bajaj Allianz General Insurance to enjoy the right blend of safety and comfort

Travel insurance policy is the most needed thing to enjoy the utmost safety while travelling. Bajaj Allianz provides the exact blend of comfort and needed safety while travelling. Bajaj Allianz General Insurance will safeguard your family through the travel insurance policy of them. While travelling alone or with family, the most craving thing during travel days is undoubtedly the safety. Through booking travel insurance policy you can enjoy your trip freely and without any hazards.

Bajaj Allianz travel insurance is the salient offering from the house of Bajaj Allianz. Since a long period of time Bajaj Allianz General Insurance has been providing the best insurances in various fields including travel insurance policy. Travel insurance plans can safeguard any unwanted hazards while travelling. You can get the best assistance by travel insurance policy of Bajaj Allianz General Insurance.

Benefits of Bajaj Allianz General Insurance:

Leading policy brand like Bajaj Allianz provides complete package in travel insurance policy as well. You can depend on the best travel insurance plans of Bajaj Allianz General Insurance while travelling alone or with family. Senior citizen travel insurance policy and student travel insurance policy both are the best travel insurance policy types of Bajaj Allianz General Insurance.

Features of Online travel insurance of Bajaj Allianz General Insurance:

With the tech savvy facility of booking online travel insurance policy of Bajaj Allianz General Insurance you can hire the best travel insurance policy of recent time. There are classifications in Bajaj Allianz travel insurance policy like: Domestic and international travel insurance policy.

Advantages of travel insurance policy:

People who have travel insurance policy with a brand like Bajaj Allianz General Insurance get the best coverage protection in case of the baggage loss or the loss of the passport missing. If there any trip delay travel insurance policies of Bajaj Allianz General Insurance will cover the related expenses for the travelling. International travel insurance policies of Bajaj Allianz General Insurance offers the accommodation cost in case of the overseas trip might get cancelled.

Travel policy types and classification of Bajaj Allianz: Travel insurance policy from the brand like Bajaj Allianz General Insurance offers beneficial travel policies by covering the aspects like:

• Corporate travel insurance policy
• Senior citizen travel insurance policy
• Family travel insurance policy

Now you can enjoy the wholesome travel insurance policies with the secured assurance of Bajaj Allianz General Insurance. Depending on the corporate travel plans employees of a specific organization or any company get the protection shield from any unforeseen situation while travelling any remote places.

Now a day senior citizens also have to travel alone. Through depending on the best travel insurance policy of Bajaj Allianz General Insurance people aged between 61 to 70 years old would get the best travel experience. If there any occurrence of medical emergency, it would be served through the best travel insurance policy of Bajaj Allianz.

While travelling with your family, you definitely like to get the utmost assurance of security to travel freely. Bajaj Allianz General Insurance provides the three sixty degree protection coverage while travelling. If there any misfortunate incident might get happened like any accident or fatal injury, the personal injury cover up plan will provide the needed care financially. Family travel insurance plan of Bajaj Allianz General Insurance will also provide the monetary support for any happening like unexpected expenses during tripping.

With the best package in travel insurance policy you don’t need to worry more. Through booking the best travel insurance plans of Bajaj Allianz you can feel the exact blend of security and fun while travelling.

Mistakes you should stay away from while buying Health Insurance policies

With the growing popularity of online insurance , there is no dearth of health insurance policies in India. You can easily compare health insurance policies and get the best health insurance in India in a few minutes. Online insurance has indeed made the job of finding the beast health insurance policies lot easier. However, while venturing out in the world of online insurance policy seekers often make some mistakes. So, if you are looking for health insurance policies and all set to compare insurance online you should avoid making the following mistakes.

Buying medical insurance with inadequate coverage

Many people compare insurance only to find out the cheapest available plans. To keep the premium expense low, they miss out on significant coverage that they might need in time of an emergency. You, therefore, should not compromise on coverage while selecting online insurance for health.

Hiding medical history at the time of availing health insurance policies

When you are going to buy health covers be it an online insurance or a traditional policy you must not hide your medical history, if any. If you hide important information about your health you will not be denied at the time of claim but suppression of facts might even be considered as a fraudulent activity.

Investing in health insurance only to save tax

Many people buy health insurance only to minimize their tax liabilities which is not the right approach. You should buy health insurance policies to safeguard you and your family. Tax deduction takes place consequently but it is not the sole motif behind investing money in medical insurance. Those who avail online insurance for health usually end up buying health insurance policies with insufficient coverage.

Ignoring zone-based restrictions

While buying health insurance polices, many people ignore this crucial aspect. The premium for online insurance for health is comparatively lower in a cities belonging to second and third tiers than first tiers. You should select the zone where you are willing to get treatments because many providers impose restrictions on coverage if their customers get health insurance policies from one zone and seek treatment in another.

Not keeping the the co-pay into consideration

Many online insurance for health comes with a co-pay clause which means policyholders have to share the amount of the claims they made. This amount is chosen and paid by the customers at the time of claim of their respective health insurance policies. Although, this clause helps policyholders pay less premium but ultimately proves to be a nightmare when an emergency strikes. Hence, you should try and compare online insurance for health and find out health insurance plans without co-pay clause. You might have to pay a bit higher premium but you will remain worry-free at the time of a claim.

Skipping the fine print of health insurance policies

All health-insurance plans come with a document where all details about the policy is mentioned. Most policyholders go through the the coverage part and skip the rest. But , it is prudent to read the document of the policy thoroughly be it an online insurance plan or being purchased from a brick and mortar store. You should be aware of the catches that come with your medical insurance so that you stay prepared and look for ways to deal with the fine prints.

Checking out Insurance online Options with Health Insurance Companies

Not happy with your current Health Insurance online or offline provider? Well, you can always switch between Health Insurance companies? Yes, with the option of Health Insurance online portability introduced in India in the year 2011, you can easily port from your current provider of health Insurance policies to another one you intend to choose. Although it is like a breakthrough to the world of medical Insurance, there are certain intricacies associated with the same. However, it is no Herculean task. With a little bit of time and effort to compare health insurance and Health Insurance companies, you can easily find the Best health Insurance in India to port to.

Before you compare health insurance in order to switch to one of the Health insurance companies in India, you need to learn some important aspects about portability. Take a look –

Porting between Health insurance companies in India - Applicability

• Both your old as well as new Health Insurance companies operate via the website of the IRDAI (Insurance Regulatory and Development Authority of India) on the cases of portability. Are all Insurance online or offline policies applicable to port? You might be thinking of the same. No, not all Insurance online or offline plans can be ported.

• Portability is applicable only to general and non-life insurance products and companies. As far as health Insurance policies are concerned, portability is applicable to both family floater and individual Insurance online or offline policies. Also, group health protection plans can be ported to single or individual plans.

Porting between Health insurance companies in India – Processing

• After you select the Best health Insurance in India you want to port to, it is always a good idea to initiate the process of Insurance online or offline portability 45 days prior to your policy renewal date. It fastens the rest of the process.

• It is highly recommended to perform online Insurance comparison before selecting any particular insurer from so many Health Insurance companies operating in India. It guides you to the Best health insurance policy you are looking for.

Switching between Health Insurance companies - Important considerations

• Some of the providers of the Best health insurance policy do cover pre-existing illnesses. Make sure to check this out before porting. You can easily find out the same if you compare Insurance with several Health Insurance companies, either via Insurance online portals or physically visiting the offices of the best Health Insurance companies to your knowledge.

• While performing online Insurance comparison with Health Insurance companies, make sure to check out if or not the amount of sum insured and accrued bonuses can be transferred to the new insurer.

After you compare Insurance products with certain Health Insurance companies and found out that, the new insurer to intend to choose does not have a slot for the amount of sum insured similar to your old insurance company, you need not to worry. That’s because, in such cases, the next slot will be taken into consideration.

Best Health Insurance in India and the Concerning Aspects

As a result of the conscious and continuous efforts of Best health insurance companies, a number of innovative and state-of-the-art healthcare solutions are emerging continuously in the country. These solutions are formulated according to the evolving trends in the market as well as human needs. Healthcare costs are sky rocketing and needless to mention, but have become the main reason for degradation of the quality of healthcare facilities and services.

Your health and life are precious

You should never ever forget that nothing is as precious as your life and you need to be healthy to lead a happy and peaceful life. No amount of money can make you happy, until and unless you are healthy. Taking this reality in account, getting the Best Health Insurance in India has become a necessity for everyone. Every individual has the right to receive high quality healthcare treatments, irrespective of the expenses. And only an adequate offline of online health insurance plan is the answer to this, owing to the high cost of availing medical treatments.

Fight financial distress back

Best Health Insurance in India is especially designed to protect people at the time of emergency, financially. For obvious reasons, a strong financial back up helps people to get high quality treatments and coping up with the high medical costs. Apart from financial coverage, the Best health insurance plan also entitles the policyholders to receive other benefits of being insured. The Best health insurance companies offer coverage for all such medical needs that might haunt you in the future. Most of the reliable firms try their best to design insurance products for their customers and come up with the Best Health Insurance in India.

Understand your medical needs

However, in order to purchase the right policy you need to Compare health insurance online. That’s because - health insurance comparison in India helps you collect relevant information regarding online health insurance plan available in the market. Readily accessible insurance broking companies are also ready to help you with the same. However, it’s your sole responsibility to go for an IRDA approved firm, otherwise, you might be at the risk of losing your money to something or someone unscrupulous. So, be careful and invest wisely.

Buy health insurance plan online accordingly

While looking for or before tipping in on a health insurance plan, it is very important to perform health insurance comparison in India. Moreover, you should Compare health insurance online with all your focus on your individual healthcare needs. In simple words, when you buy health insurance plan online, you selection should meet your requirements. For example – you heard your friend saying that he or she has bought the Best Health Insurance in India. The policy he or she purchased is adequate for him or her, that’s why he or she is calling it the best. However, it might not meet your requirements. So, it might not be the Best Health Insurance in India for you. Therefore, the bottom line is compare health insurance policies and assess your needs before finalizing on any one.

Insurance sector has been reformed with the best health insurance plan from the companies like ICICI Lombard

Health related issues are very much common now a day. To safeguard from this kind of issues, health insurance is the best thing which anyone can do to avert it. Companies like ICICI Lombard offers the best health insurance policies of the recent time. You can’t judge the internal procedure of your health by your own. To do so regular medial check up is very much needed. But on the other hand, the high raising expenditure is really very tuff to handle. In this purpose health insurance policies from the companies like ICICI Lombard can help you the best. It not only provides you the best health coverage plans through their ICICI Lombard general insurance, but it also provides you the proper financial assurance for the treatment purpose. Buy health insurance online is one of the best features from the platform of ICICI Lombard. The online procedure from the brand like ICICI Lombard reduces the old school thoughts of too much paperwork and ambiguous terms and policies to claim your rights.

Salient features incorporated with ICICI Lombard to give the best to their clients:

§  Best health insurance plan

§  Compare health insurance policy online

§  Buy health insurance online

When you get the best health insurance from the companies like ICICI Lombard your half battle is won. The best health insurance plans from the best insurance sector of India gives you the ample opportunity to safeguard yourself as well as your family from any health disorder. Are you searching to invest in the best mediclaim policy of India? You can completely trust upon the services of ICICI Lombard General Insurance. ICICI Lombard offers you the best protection from any kind of health related issues. With their utmost coverage plans in health insurance by which you can completely trust upon. So having the best medical insurance from the most trusted brand like ICICI Lombard will help you immensely.

From the facilities like full coverage plan for your family through their Insured health insurance plans, you will get it smoothly. Facilities like cashless transaction in the time of pre or post hospitalization for the senior citizen members of your family, if there any need for  a regular checkup for the senior most  members of your family ,all will come in their best package of health insurance policy of ICICI Lombard.

Health insurance comparison in India is promoted firstly by the company of ICICI Lombard. Compare health insurance online features is the newly launched salient feature from the house of ICICI Lombard. With this facility, any person can choose and compare the insurance plans from varieties of company platforms. From the beginning of incorporating this unique feature, ICICI Lombard is insisting of deploying this facility. You can ask for it without any extra charges. Depending on this feature you can realize by your own that how much credibility is there associated with the service in the health insurance from the brand like ICICI Lombard.

ICICI Lombard always works on through the newly and advance tech savvy happenings of the recent time. There is no need to go to their office to buy the best health insurance policies for your or for the other members of your family. With their advanced methodology of working style, now you can compare as well as book and buy health insurance online. It can be done from anywhere with just a single click of the mouse. Companies like ICICI Lombard are always there to give the best medical insurance policy to their clients.

Get the best health insurance coverage policy with star health insurance

Recent times the expenditure in various fields are soaring high. And whether it is related to treatment expenses, it is becoming very fast. But you have to manage and be ready for any kind of unexpected circumstances. Health insurance is very much beneficiary for these types of circumstances. It gives you and your family members a complete protection of shields from any kind of health related issues. But you have to very conscious and selective before investing in any kind of health insurance policy. For this purpose compare health insurance is very much needed. You can get this unique facility only with star health insurance. It gives you the best health insurance plans which cover up the pre and post hospitalization expenses.

About star health insurance:

It is the best health insurance in India which is providing the assurance with a complete package to save you and your family members from any kind of mishap. With their offered services of star health insurance through compared health insurance facility, you can get the cashless hospitalization benefit to comprehensive cover-up package to safeguard your family. Medical insurance and mediclaim policies are very much vital now a day. The faster lifestyle leads us to various diseases in internal and external part of the body. The prior treatment to recover your lost health is becoming very much costly now a day. But you can’t also neglect it. Here is the need of health insurance plans come.

Beneficiary aspects of star health insurance:

Before investing into any policy which is related to medical insurance, there several questions comes in the mind of any people, like which is the best health insurance in India? Which types of health insurance plans are suitable the most? But with star health, you don’t need to worry more. Their compare health insurance facility gives you the opportunity to get all the details on your own. Before investing your money you can easily compare health insurance with any other health insurance policies of different companies. To gain the maximum return in the mediclaim policy, star health insurance provides you the best quote facility. With the lowest premium, the maximum return of coverage plans is guaranteed in star health. Their advance program which will help you to compare and to calculate any of their offered health insurance policies, by which you can understand how much of much money investment will return you the maximum. With the 24x7 service, they will assist you regarding any of your queries related to star health insurance. With their dedicated and offered services of star health insurance, they have taken the bar of health insurance sector to another level in India.

Other facilities of star health insurance:

You can get the 360-degree complete protection shield from star health insurance. Apart from that and from the compare health insurance benefits, they will provide you a lot more. You don’t need to invest in different health insurance policies. Star health will provide you the complete package of mediclaim policies like health insurance plans for senior citizens, preventive health care policies, and family health insurance policies. You will also get the best surgery and critical illness coverage plans with the best health insurance in India. So invest in star health insurancewithout any hesitation and get the complete benefit of it.

Health Insurance in India – Save money without settling for cheaper options

You are in dire need of a medical insurance plan. But, your budget is limited and all the health insurance policies you are coming across are little too dearer than what your pocket afford. Will you settle with cheaper health insurance policies in India and have to compromise on some crucial features that you are likely need? Wait a while. Here are some money-saving tips to help you save on medical insurance in India so that you can opt for quality health insurance in India without having to stretch your financial limits. 

Check your employer's medical insurance scheme

In case you are working and your employer provide employees with the benefit of medical insurance, you should try and avail the cover. In some establishments, it doesn't cost employees a penny but even if it does it will surely be less than typical health insurance policies in India.

Avoid expensive policies with needless features

There are scores of health insurance policies in India and many of them are not designed to meet your needs. Let's face it and look for a suitable health insurance in India as per your requirement. If you don't need a plan with worldwide emergency cover you need not to shell out a few thousands more to avail that medical insurance. Therefore, you have to understand what you seek from your health cover and then look for a plan accordingly.

Get medical insurance when you are young

Since, health insurance premiums rise as the age of the policyholders increase , your best bet would be to secure a health plan when you are still young. Companies that offer medical insurance in India consider aged people as riskier and charge higher premium. Hence , you should start early so that you can avail a quality health cover without having to burn a whole in your pocket. An early enrollment to medical insurance will also save you from the ordeal of going through medical tests.  Most providers of health insurance in India ask for medical tests once the applicants go past the age of 45 years.

Consider a floater policy for your family:

If you are planning for a medical insurance in India to shield your entire family, a family floater plan will cost you lot less than individual health insurance policies for all members. In case you have elderly people in your family you can buy senior citizen health insurance in India. But, for the rest of the family,  a family floater plan with sufficient coverage will be more than handy. You have to premiums for just one health policy and the coverage can be shared by all listed members of the family.

If you pay heed to these tips you can avail one of the best health insurance in India and be able to keep the expenses down as well. Your limited budget cannot stop you from being financially protected if you  can manage things tactfully. It is a wrong notion that all good policies are expensive ones; even the top health insurance policies in India can be cost-effective ones too.

Health Insurance Industry has Begun Flourishing in light of Companies like New India Insurance

According to the Human Development Report (HDR) published in 2015, India stands at the 130^th position on the HDI (Human Development Index) and it’s far behind the other developing and neighboring countries of the world. What is HDI? It is a combined value of education, life expectancy as well as per capita income indicators of the citizens of a particular country to work out its global ranking. India’s ranking directly peeps into its healthcare system and management and to be very frank it’s not at all satisfactory, but ironical.

Lack of awareness and low market penetration of Health Insurance

On one hand large numbers of private healthcare facilities are coming into existence facilitating better access to medical care, whereas on the other hand treatment costs are getting insanely high, leading to financial stress for people incurring them. So, how to reduce this stress? The only answer to this can be – buying a Health Insurance from a customer oriented and reliable company like New India Insurance. As far as Health Insurance is concerned, the country is still lagging behind with less than 15% of the people covered under the Best Health Insurance in India from companies like new India assurance. Nothing but unawareness is the reason behind this low market penetration of Health Insurance in India.

Health Insurance from reliable insurers like New India Insurance – your financial tool

Health Insurance policies taken from leading and the Best Health Insurance in India like New India Insurance  are more or less like a set of financial weapons that can be used to fight a financial crisis following a medical emergency. Tools like – cashless treatment, OPD tests, different types of discounts on healthcare treatments and the topping on the cake, tax benefits make Health Insurance policies an important part of life. Customer-friendly medical insurance companies like the new India assurance company limited design each of their policies considering the financial troubles one can go through during and after a medical eventuality.

Most importantly, an adequate Health Insurance plan provides you with an ultimate peace of mind and encourages you to get routine health check-ups and get the best possible treatment without worrying about your pocket. However, the problem is – in spite of all such life saving benefits, most people don’t really bother about getting a Health Insurance, even from some of the best providers of health insurance plans like New India Insurance.

Buying a Health Insurance without knowing about it

Apart from the lethargic attitude of the people towards health insurance plans even sold by the best companies like new India insurance company, there is one more problem with the thought process of those individuals who opt for a Health Insurance. Most of the people who have bought medical insurance are generally unaware of the scope of coverage and other relevant details. They just buy mediclaim policy for saving their taxes. However, an adequate mediclaim policy taken from a reliable insurer like New India Insurance is far beyond just a platform for saving taxes.

Comparison helps a lot

One of the most important things to be considered when getting yourself a Health Insurance, even with the best companies of the country like New India Insurance is to Compare health insurance plans with various services providers like, new India assurance company and other reliable brands. Those who do not Compare health insurance and buy a product just like that, most of the times suffer from the risk of inadequate coverage. So, be careful. Even insurance companies operating in India, for example – new India insurance company ask their potential customers to do research and then zero in on a plan.

Fine Print Technicalities Decoded - Health Insurance Plans from companies like National Insurance

As far as Health Insurance Plans are concerned, there a many technicalities and intricacies associated, in terms of the policy terms and conditions, even if it is purchased from the best health insurance companies like National Insurance. Going through this article might help you know the meaning of some of the commonly used technical terms related to the Best health insurance in India, like National Insurance and other. Just take a quick look -

What do you mean by co-payment in regard to Health Insurance Plans?

It can be defined as a fixed amount of money that you have to shell out from your pocket while making a claim (in regard to hospital bills). And the rest of the amount would be borne by your insurance provider. For instance – you have purchased the Best medical insurance policy from NationalInsurance and it reads 10% co-payment. In that case, if your claim amount is Rs. 1000/-, then you have to pay out 10%, i.e., Rs. 100/- on your own and the rest Rs. 900/- would be borne by your insurance provider.

What is waiting period in regard to pre-existing diseases?

As the name suggests, pre-existing illness means, any health condition you already are suffering from before buying the best health insurance policy in India. In most of the cases and with most of the health insurance companies like National insurance company limited, pre-existing illness is not covered from the very first day of policy commencement. It takes some time cover such health conditions. This time duration is known as waiting period. It varies from one insurance company to the other and Health Insurance Plans. Therefore, you should always Compare health insurance policy online before tipping in your money.

Is there a lifelong renew-ability option?

The tenure of Health Insurance Plans is one of the most crucial factors, when it comes to buying the Best medical insurance policy. Health issues, especially the critical ones generally arise with advancing age. Therefore, lifelong cover is very important; otherwise financial stress might overburden you. So, you should always Compare health insurance to find out whether or not the policy you intend to buy offers lifelong policy renewal option.

How can your room preference hike up your medical bills?

Be very careful and assess your needs and budget before zeroing in on a particular type of room. As far as hospitalization is concerned, your choice of room matters a lot. A room with high-end facilities would definitely make your medical bills go high. So, it would be better if your health insurance plan offers high room rental cap per day. With the Best health insurance in India, like National Insurance Company, you are more likely to get the same.

These are some of the most important factors that are to be considered when you Buy health insurance online or from a brick and mortar insurance office.

How to gather adequate information before buying a plan?

When options are many, confusions are quite obvious. Therefore, it would be wise if you go for Online health insurance policy comparison. In order to get detailed information about health insurance companies and Health Insurance Plans they sell, you can do the following things –

• Firstly, you can visit the offices of the health insurance companies operating in your city.
• Secondly, you can visit the websites of the insurance providers.
• Thirdly, you can visit the websites of reliable insurance brokers registered with IRDA.

Compare health insurance with the best health insurance policy like SBI General Insurance

The best health insurance policy provides you the beneficial help at the time of any health disorder.  Medical issues can be happened at anytime. You can’t control the health issues. It can occur to anyone. But the health insurance of SBI General Insurance provides you the best health insurance policy which will provide you monetary support and complete health check up guideline to their clients. SBI General Insurance is the best health insurance in India. It is also best known for their easy return with the best health insurance plans instantly. Easy claiming opportunity for the ensured clients can be achieved smoothly with the health insurance policies from SBI General Insurance.

The best health insurance like SBI General Insurance gives you the complete coverage in health insurance. It is one of the best health insurance policy providers of this country. Cashless benefits with providing all the expenses for pre-hospitalization and the post-hospitalization up-to sixty days will be guaranteed with the health insurance of SBI General Insurance. Compare health insurance policy of SBI General Insurance also brings to you the opportunity to search and invest in the most beneficial return at the critical need. Mediclaim policy is the best help you can provide to yourself or the other members of your family to safeguard in any health disorder.

Benefits of investing with compare health insurance policy:

Investment with a certain amount always needs a complete study. Health insurance comparison provides you the best opportunity to find and get all the detailed info of policy market. Before zeroing into the best health insurance plans it is always beneficial to get all the clear info about the company. With the advance tool of compare health insurance policy from the best health insurance in India leads you towards the valuable investment for the future. Various health insurance companies offer you certain discounts and facilities. But you will definitely want to get the best health insurance policy among them. With the health insurance compare benefit, you can compare and get the best mediclaim plan for you as well your family. Comparing the SBI General Insurance with other companies will showcase the classified benefits to you. It also provides you the opportunity on zeroing to the best quote facility from the policy market. Healthy insurance is one of the essential needs of today’s life; it protects you from most of the medical hazards and also gives you the complete health care package. With SBI General Insurance’s health insurance you will achieve the power to control the high raising medical expenses of now a day. It is surely very much tough to expense liquid money at the time of health disorder. But if you have invested your money with the SBI General Insurance you will surely get the best return at the time of any critical situation related to health issues.

Other benefits from SBI General Insurance: Health insurance policy renewal will be guaranteed smoothly with the best health insurance of this company. You can get it instantly with the online assistance. Based on these up-mentioned facilities, you will also claim the health insurance from SBI General Insurance, is the best health insurance in India.

The essentiality of LTC health insurance in India

The Long-Term Care System (LTC)

The Long-term Care system involves services to meet the medical as well as non-medical needs of people who are suffering from chronic illness or disability and became dependent on other people for the long duration of time.

The health insurance in India deals with short-term care benefits with no system for long-term care. With the growing in dependency, culture of nuclear family and single hood, it is an alarming situation to add LTC system with current health insurance in India. The huge benefits of LTC will surely add a boom to the market of health insurance in India as it purely serves the customer.

There are various countries at the global level that persist LTC insurance systems and if we look at most developed economies like Germany, United Kingdom, Japan and the United States, they all have a developed LTC system providing medical and non-medical benefits to its people. By gaining knowledge of these developed LTC system there can also be a healthy LTC system developed in health insurance of India.

LTC system In Germany

The LTC insurance is a mandatory activity since 1995 in Germany where all the citizens have to take insurance for health benefits and pensions. This LTC system is properly linked with health insurance system of the country providing benefits as per contribution. Whatever is the contribution the benefits are defined accordingly in Germany Under LTC system of insurance. However, it is not possible to add the LTC system like Germany in health insurance of India due to high population.

LTC system In Japan

In the LTC system of Japan, people get benefits for Institutional as well as residential care needs involving medical and non-medical benefits at social nursing homes, health insurance financed homes, medical nursing institutions. The LTC system for providing health care benefits in Japan is very simple and reliable. This LTC system can be adopted for health insurance in India because the process is simple involving benefits provided at required medical places.

LTC system In United States

The private and public health insurance companies offer the LTC insurance policies either for the limited period starting from 5 years to remaining life years. But, the LTC insurance system in the USA has two categories, one including nursing home care whereas other including only coverage of residential care or home care, people can choose as per their need. This flexible option in LTC insurance makes it more reliable to be adopted for a system of health insurance in India.

These were some of the most successful LTC systems at global level that benefits citizen till the period of mortality. The long-term care system is successful in these economies from more than past 50 years. Therefore, it will surely benefit the citizens of the country if adopted for health insurance in India.

Topical Trends in Health Insurance Scheme of India

From last few decades, there has been a very speedy and sanguine development in health insurance sector benefiting not only wealthy people but also the underprivileged population of India. This article provides certain most important trend setting advances that will surely accelerate the rate of health insurance sector development in India.  

Trend- 1Health Total Insurance Policy by Future Generali

This policy of Non-Insurance company Future Generali act as trend setter by providing advantage of ‘one for all healthcare needs’. The Total health acts as a solo solution for all health issues faced by customers. Although Future Generali is a non-insurance sector company yet for self-benefit and profitable business from health insurance scheme, company is expanding its business in health insurance sector. For coming financial year Future Generali aims to achieve 20% of total business profit only from health care business. Therefore, policy like Health Total and many other products will surely help in achievement of vision with optimistic approach to benefit people and mark as trendsetter in Indian health insurance sector.

Trend-2 Health Insurance as gift of care

What is better then giving a aptitude of carefulness to your loved once in form of health insurance gift. Jamuna Bhaskar working as health insurance officer in Chennai performed one such act by gifting a 50 lakh insurance cover to his daughter and Son-in-law. This was a good act to provide good investment plan in form of gift to young once starting their new life. Health insurance policy is one such individual policy that will always be requirement of every human being living in society.

Another trendsetter gift of health insurance was “PM’s health insurance rakhi gift for women of Allahabad city”. The Bhartiya Janta Party launched a campaign in which thousand of women were covered under PM’s health insurance plan on occasion of Rakhi in year 2015. Distributors these days are target adolescence to make them understand the benefits of healthy investment in initial ages of life. Therefore, gifting health insurance policy is like a smart trend in modernized world of investment.

Trend -3 Converting Exclusions to Life Plus

In recent years along with tax benefit the policy makers are working tough enough to include certain exclusion like cancer coverage, pre-diabetic patients, special care needs and many more life plus option in health insurance. These options are strengthening insurers amount in health sector.

These modified health insurance plans take long-term care of health needs and gain trust of customers. There are Criticare plus plans that provide coverage for more then 17 critical care illnesses.

Trend- 4 Farmer health insurance cards

There are farmer smart cards introduced by insurance providers that cover minimum of Rs 1 Lakh health insurance provided by different Government health insurance scheme. Although recently there are reports on misuse of these farmer smart cards by care providers. But providing knowledge and guidelines of use to farmer will have a control over such crime and surely these farmer smart card will work as trendsetter for health insurance sector in India.