This new-age health insurance plan is just what you need for you and your family2 min read . Updated: 07 Oct 2020, 12:49 PM IST
Health insurance is not a one-size-fits-all product. Find out here how you can choose a plan that not only provides comprehensive coverage, but also suits all your needs.
Choosing the right health insurance cover for is no child’s play. The prevailing lack of knowledge about the benefits of health insurance schemes, coupled with the perceived intricacies of investment products, makes many people buy policies that may not be suitable for them.
However, the coronavirus pandemic has helped spread awareness about the need for adequate insurance cover. Tales of financial ordeal faced by families of hospitalized infected patients have made many consider a health insurance plan.
It has also led to the realization that health insurance is not a one-size-fits-all product - what may be a godsend for someone else may be a liability for you.
Reliance Health Infinity Plan, a health insurance offering by Reliance General Insurance, has been designed to keep up with the evolving healthcare needs of retail customers. Besides providing coverage for new-age treatments like robotic surgery, insurers can get additional sum insured for an additional period. For instance, you can get an enhanced cover of ₹1 lakh on a ₹3 lakh cover, an additional cover of ₹3 lakh on ₹10 lakh cover and so on. Insurers will also get a 13-month cover on the payment of premium for 12 months and a 26-month cover for 24 months of premium. What’s more, policyholders will be insured not only in India, but globally as well, in case of emergency hospitalization.
Benefits of the Infinity plan
For many health insurance policy holders, sub-limits and co-payments are a major pain point. Sub-limits and co-payments can be a major cause of financial drain, especially in cases of serious long-term illnesses. The Health Infinity Plan removes that impediment significantly. There are no sub-limits on inpatient care, daycare procedures, domiciliary hospitalization, organ donor, and emergency ambulance services. There is a voluntary co-payment option and for those who opt for it, the co-payment rate is 10%.
The product also provides 90 days pre- and 180 days post-hospitalization cover so that customers are spared of the hassle of worrying about which room to choose against their insurance coverage.
Another feature that separates the plan from regular health insurance plans is that the plan also comes with Ayush benefits, so that policyholders have more flexibility with respect to the kind of treatment they want to seek. All the expenses incurred on treatment in a hospital under Ayurveda, Unani, Sidha, and Homeopathy will be covered.
Compared to other plans, the Infinity Plan offers more comprehensive coverage. Starting from infants more than 91 days old to adults till the age of 65 years, the Infinity Plan will ensure that the health of your loved ones is secured with the best health insurance policy.
The innovation ushered in by the Reliance Health Infinity manifests Reliance’s commitment to deliver the best in the health insurance space in the country. The 100% claim settlement ration in 2019-2020 is a testimony to the robustness and the transparency of the claim settlement systems.