Health insurance goes beyond just covering medical expenses—it also rewards policyholders for staying healthy. One such benefit is the No Claim Bonus (NCB), which offers advantages to individuals who do not make any claims during a policy year. In this guide, we’ll break down what No Claim Bonus (NCB) is, how it works, its key […]
Health insurance plays a crucial role in managing medical expenses in India, and one important feature to understand is co-payment (or co-pay). Knowing how co-payments work can help policyholders make informed decisions about their coverage and out-of-pocket costs. This guide provides a clear explanation of co-payment in health insurance, how it functions with real-life examples, […]
If you are having a group health plan it means that your employer pays the policy premium for you. But what happens when you decide to move to a different job? As you might know, the employee group health insurance or the employee insurance is valid only till the employee stays with the company that […]
When you give priority to your health and opt for an Insurance Plan that protects your financial issues without you having to spend too much on Health care expenses, you are almost relaxed. But for the health insurance plans the premium amount paid is subject to tax deduction under Section 80D of the Indian Income […]
When our parents get old, their immune systems also start deteriorating and they would certainly need quality medical care. Hence it becomes critical to get our parent’s health insurance. We need to get them sufficient health insurance that will pay for their significant medical costs under emergency circumstances and such medical care. Is There Health […]