Insurers return documents after processing claims upon request

0
Loading...

I am 30 and want to buy a family floater plan. I have elderly parents, and got married last year. What are the points I should check before I purchase a health insurance policy?

—Pulkit Kant

You should buy two separate family floater plans—one for your spouse and yourself, and the other for your parents. This will allow for better plan selection.

Loading...

Since you just got married, you could consider a plan with maternity coverage. Ask for the waiting period for maternity benefits, no-claim bonus and sub-limits in the plan. Sub-limits could be in terms of room rent, co-pay or limits on specific diseases. You should opt for a plan with no sub-limits and low co-payment. Maternity waiting period could be between nine months and four years.

For your parents’ policy, ask for the waiting period on pre-existing diseases, co-pay and disease-wise sub-limits. Prefer plans with up to two years of waiting period on pre-existing diseases, no co-pay and no sub-limits.

I want to submit a health insurance claim. The insurer has asked me to submit all the documents rel-ated to the claim such as bills and medical expenses receipts in ori-ginal. Will I get these documents back once the claim process is completed?

Loading...

—Name withheld on request

Insurers require all original medical papers, bills and receipts to assess a health insurance claim. After the claim is settled, you can request to get these papers back. The insurer may stamp these before they are returned. Some insurers now allow you to raise claims using scanned copies of documents. You must check this with your insurer. You could then avoid the back and forth on the documents. The insurer may require you to submit these documents using their mobile app or a specific portal.

Abhishek Bondia is principal officer and managing director, SecureNow.in.

Loading...

Subscribe to Mint Newsletters

* Enter a valid email

Loading...

* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and informed with Mint.
Download
our App Now!!

Loading...

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here 

Loading...

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TechAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Loading...

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More