Frequently Asked Questions (FAQs)
What is health insurance, and why do I need it?
Health insurance helps cover your medical expenses so you don’t have to pay huge hospital bills out of pocket. It ensures you get the best treatment without financial stress.
Who can be covered under a health insurance plan?
✅ Yourself
✅ Your spouse
✅ Your kids
✅ Your parents (and sometimes in-laws)
✅ Some plans even cover siblings!
What is a pre-existing disease, and does insurance cover it?
A pre-existing disease is any health condition you had before buying the policy (like diabetes or heart disease). Most insurance plans cover them, but there might be a waiting period before you can make a claim.
Does health insurance cover maternity expenses?
Standard policies don’t usually cover maternity costs, but you can get a plan with maternity benefits or an add-on to cover pregnancy and delivery expenses.
Can I get treatment at any hospital?
Yes! Most insurers have a network of hospitals where you can get cashless treatment. If you choose a hospital outside the network, you’ll need to pay first and claim reimbursement later.
Can I save tax with health insurance?
Yes! You can get tax benefits under Section 80D of the Income Tax Act.
What is a waiting period in health insurance?
It’s the time you have to wait before certain benefits start. For example, many policies have a 2 to 4-year waiting period for pre-existing diseases.
Can I have more than one health insurance policy?
Yes, you can! If you have multiple policies, you can choose which one to claim from, or even split claims between insurers, depending on your coverage.
What happens if I forget to renew my policy?
If you don’t renew on time, your policy lapses and you might lose benefits like the no-claim bonus and waiting period reductions. Always renew before the due date!
Does health insurance cover Ayurveda, Homeopathy, and other alternative treatments?
Many insurance plans cover AYUSH treatments (Ayurveda, Yoga, Unani, Siddha, and Homeopathy). Check your policy details to see if it’s included!
