Manoj Gehi View On General Insurance &amp Personal Finance.

NEW INDIA ASSURANCE CO LTD From 1 st August 2017, M/s. The New India Assurance Co Ltd brings in revisions in their existing Mediclaim Policy 2012 which will be applicable to all the existing and new policy holders. Some of the important revisions are given below :- 1)    Coverage increased : - Now coverage available from Rs. 1 Lakh to Rs. 15 Lakh . Earlier coverage was up to Rs.8 lakh. 2)    Cataract expenses : - the liability for payment of any claim relating to cataract for each eye shall not exceed 20%, of sum insured subject to maximum of Rs.50000/- earlier was only Rs. 24000 per eye. 3)    TREATMENTS UNDER AYURVEDIC / HOMEOPATHIC / UNANI SYSTEMS Expenses incurred for Ayurvedic / Homeopathic / Unani Treatment are admissible up to 25% of the Sum Insured provided the treatment for Illness or Injury is taken in a government Hospital. 4)    HOSPITAL CASH : For those Insured Persons, whose Sum Insured is more than or equal to Rs. three lakhs , we will pay Hospital Cas

PREMIER  MEDICLAIM  POLICY Earlier New India Assurance Company had Mediclaim Policy only till Rs. 8, 00,000 sum insured. If anyone wished to have a larger cover they would have an option to take top up cover. The company now keeping in tune with the times, has launched a new Policy Named “PREMIER MEDICLAIM”. The Name Premier says much about the policy. This policy is designed for people looking at high sum insured. The Positives Are :-  A Bigger Sum Insured from Rs. 15 lakhs to Rs. 1 Crore. No Sub Limits on Room Rent, so Room Rent Capping. Family Floater basis so Family can be covered under a single large policy. Defined 139 Day Care Treatments. Hospital Cash Benefits : Minium Rs. 2000 per day under Plan A, Maximum R. 4000 per day under Plan B Air Ambulance expenses payable though restricted. Critical Care Benefit : Extra Sum Insured Payable over and above the basic sum insured for critical illness as defined in the policy schedule. HIVCover

BAJAJ ALLIANZ GENERAL INSURANCE REVISES THEIR HEALTH POLICY A s stated earlier in my earlier post there are changes happening in the health insurance sector…. Keeping in tune with the same Bajaj Allianz has revised their Health insurance plan known as Health Guard. Kya Naya Hai you may ask ???? Major details given below are of the Gold Plan. Sum insured Options upto Rs. 50,00,000 Lakhs. Two Plans Silver & Gold Zone wise premiums A zone & B zone. Mumbai falls in A Zone. Silver Plan with sum insured below Rs. 150000  & Rs.200000 with sub limits,restrictions refer policy document. Gold Plan with Sum Insured from Rs.300000 to Rs. 50,00,000 Sum Insured  Sum insured Reinstatement Benefit for the same Illness. One of exclusive type in health insurance.(payable once for cancer* & kidney failure*) for details refer policy document. Pre Existing Diseases waiting period Reduced to 36 months instead of 48 months earlier Cataract Cover increase to u

Good Health and Nutrition should be a Top Priority & shouldn’t be ignored normally it is observed that one is so pre occupied in work related matters that looking after one’s own health has become the last priority in the life, by the time one realizes the same it is too late. Hence it is truly said that Health is Wealth Health insurance is a must so as to protect one’s financial stability ever since the health insurance sector was set up in the year 1986, through the Public Insurance companies; there has been tremendous change in this segment. With the sector opened up one can find different types of Health insurance policies available in the Market through various companies. Earlier all the companies were focused on providing just insurance to the insured under the policies. In this New Year one will find Tremendous Transformations Transitions in the Health Insurance Sector wherein The Insurance companies will be focusing not only on Illness but also on Wellness.

The Trend now is changing , digitalization is catching up in the world of General Insurance, with a new feather in the cap M/s. Bajaj Allianz General Insurance Company Limited for the benefit of its customer's has introduced App Based claim settlement under Health Insurance for upto Rs. 20000 claim amount. Kindly go through the article appearing in one of the leading dailies... http://www.livemint.com/Money/YtvsVJnAWTokN7sttcaV0I/Now-get-health-claims-via-mobile-phones.html

Apollo Munich the stand alone health insurance company has most of the time been a trend setter in coming up with new variants under Health Insurance, they were the first to introduce to the public at large a unique plan of its time The Optima Restore. Change is a way of Life so also there are changes been incorporated in this policy ….. STAY ACTIVE FEATURE Now taking into the consideration of varied Stress Levels and work pressures the company has introduced a STAY ACTIVE FEATURE in the policy which not only helps you keep yourself active but also rewards you with a premium discount on renewal. The more active you are the less you pay subject to conditions mentioned in the policy. Air Ambulance charges payable up to Rs 250000/- only for Sum Insured Rs.10, 00,000 & above subject to conditions mentioned in the policy . Provision for Health Check Up annually for sum insured Rs. 10, 00,000 & for lesser sum insured refer policy document. The respective reimburs

A New Start in The New Year !!!!!!!!!!! Starting this year you will be able to find reviews on various Health insurance policies available. As such will help you decide on the one you will wish to have. It may be noted and informed that THE REVIEWS GIVEN BELOW ARE BASED ON PURELY PERSONAL OBSERVATIONS & DOESNOT INTEND ANY PROMOTION OR SALE OF ANY POLICY OR PRODUCT OF ANY INSURANCE CO. REVIEW ON APOLLO MUNICH HEALTH INSURANCE EXCLUSIVE POLICY ON DENGUE This policy is an exclusive product Covering Only DENGUE  introduced by Apollo Munich Health Insurance Company Limited. More on this policy..... The policy is available in two sum insured’s one is Rs.50000 and other is Rs.100000/- This policy covers in patient hospitalization due to dengue only for admissions more than 24 hours. This plan can be bought by age between 18 to 65 years. It is available only on individual basis not floater basis. if parents are getting covered they can get their childr