1. Is it necessary to buy health insurance in India? It is not mandatory to buy a health insurance policy in India. But, it is very important to have a financial security like that of a health insurance policy to handle any kind of medical emergencies.

2. What do I get with a Bajaj Allianz Health Insurance policy? With our Health Insurance policy, you enjoy coverage for pre and post hospitalization expenses for up to 60 and 90 days, respectively. The policy also covers in-hospital expenses, ambulance charges, room rent and boarding expenses (coverages will differ based on the selected product). You can avail cashless treatment at over 6,500+ hospitals across India. We also cover medical examinations, physician fees/doctor’s consultation fees and ambulance charges, leaving you totally stress-free!

3. Should I be buying Health Insurance online? If you want a quick and hassle-free purchase, buying online is the way to go. We are here to help you to buy Health Insurance easily and efficiently. Our multiple payment options will further ease your payment woes. Your medical insurance policy is issued online, which saves you the effort of ever carrying a hard copy. All these factors, along with proactive customer support, makes buying Health Insurance policy online a better alternative.

4. How can I save taxes with Health Insurance? Bajaj Allianz General Insurance Health Insurance policy helps you save tax up to INR 1 lakh under Section 80D against the premiums you pay. Here’s how you can save tax:

On the premiums you pay for yourself, your spouse, children and parents, you can avail INR 25,000 per annum as a deduction against your taxes (provided you are not over 60 years). If you pay a premium for your parents who are senior citizens (age 60 or above), the maximum health insurance benefit for tax purposes is capped at INR 50,000. As a taxpayer, you may, therefore, maximize tax benefit under Section 80D up to a total of INR 75,000, if you are below 60 years of age and your parents are senior citizens. If you are above the age of 60 years and are paying a medical insurance premium for your parents, the maximum tax benefit under Section 80D is, then, INR 1 lakh.

5. Who is eligible to purchase health insurance? You can purchase a health insurance policy in India, if you are an Indian citizen and above 18 years of age. If you are a minor (below 18 years of age), then your parents can cover you under their any medical insurance plans.

6. What is covered by health insurance? Health insurance covers you for hospitalization expenses including pre & post hospitalization expenses, doctor’s consultation fees and in-patient expenses.

7. I’ve already invested in life insurance. Do I still need Health Insurance? Life insurance is a great investment and death cover option but it won’t come in handy to pay rising medical bills. A Health Insurance cover is a solution to deal with hospitalization and pay heavy medical expenses, should they arise. So, Health Insurance plans are your cover against unexpected health-related costs that may threaten to deplete your savings.

8. do you mean by entry age and exit age? Entry age specifies that you should be at least that much old, so that you can get coverage under a health insurance policy. Exit age means that you will not be covered under your health insurance policy after crossing a certain age limit. The entry age and exit age are different for different health insurance plans.

9. What is a ‘Free look Period’? Health insurance companies in India grant you a free look period of 15 days, during which you can analyze the health insurance policy that you have purchased. You can cancel your health insurance policy in these 15 days if you think that this medical insurance plan is not suitable for you without paying any cancellation fee.

10. Who are considered to be ‘dependents’? Your children, spouse, parents and parents-in-law can be added as dependents in your health insurance policy.

11. What is ‘Co-payment’? What are ‘deductibles’? Co-payment is the fixed percentage of the claim amount that you need to pay for every health insurance claim. While, deductible is the fixed amount that you need to pay when you make a health insurance claim.

12. What is meant by ‘restoration’ or ‘reinstatement’ of sum assured? Restoration or reinstatement of sum assured means that if you exhaust your existing SI, then it will automatically replenished to cover you for the next hospitalization expenses in the same policy year. However, you cannot carry forward the restoration benefit and it cannot be used for the same illness/injury for which you have once made a claim in your policy year.

13. What is the benefit of day care health insurance? With technological advancement, you are not required to get hospitalized for procedures like Septoplasty or lithotripsy. But, the medical expenses related to these procedures are very expensive. It is beneficial to have day care medical insurance plans, so that you are covered for these kinds of surgeries or medical procedures where you are not required to stay in the hospital for more than 24 hours.

14. What is 'any one illness’? Any one illness refers to continuous period of illness, including any relapse that happens within a certain number of days as per the terms and conditions of your health insurance policy.

15. How insurance helps in health check-up facility? You are eligible for free health check-up if you renew your health insurance policy continuously for 4 years without filing any health insurance claim. The expenses related to this health check-up are borne by your health insurance company.

16. What are the minimum and maximum policy durations? You can buy a health insurance policy for a period of 1, 2 or 3 years. If you purchase a long term health insurance policy (more than 1 year), then you can get great discounts.

17. What are some of the top myths about health insurance? Some of the myths associated with health insurance are: You need to check the empanelled hospitals only when you buy any health insurance plans.

Health insurance provided by employer is enough to cover you.

If you have health insurance, then all your medical expenses are covered.

You need to be hospitalized for at least 3 hours to get the benefit of your health insurance plans.

You do not need health insurance if you are fit.

Smokers cannot purchase health insurance

18. Tell me about pre-existing diseases and waiting period. Pre-existing diseases are those you may already know the existence of in your life before you buy a medical insurance policy. Hence, you must declare any pre-existing disease/condition at the time of buying medical insurance plans.

One of the key factors to keep in mind is that the pre-existing diseases have a waiting period (which differs from company to company). Hence, by taking a policy at a young age you can only hope that by the time, and if you are diagnosed with a disease that falls under the pre-existing category, your waiting period will be complete. Also, you can ensure that you are eligible to avail full benefits of your medical insurance policy.

19. Which are the expenses that are included in sub-limit amount? Sub-limit is the maximum amount that your health insurance policy will pay towards your medical expenses. The sub-limits usually include room rent sub-limit, post hospitalization sub-limit, ambulance charges, oxygen supply, doctor’s fees, diagnostic tests etc.

20. What are the differences between Health Insurance and Personal Accident Insurance? Health insurance is where you can file a claim and your insurer will reimburse you the claim amount up to the Sum Insured. On the other hand, Personal Accident insurance plan pays you the entire Sum Insured once you file a claim.

21. What is the difference between Family Floater & Individual Health Policy? Individual health insurance policy has different Sum Insured for all the members covered under the policy, whereas all the insured members share a common Sum Insured under a family floater health insurance.

22. Which health insurance plans are available for women? At Bajaj Allianz, we have special health insurance plans that takes care of expenses related to the health issues faced by women. Our critical illness plan for women is a special policy for all the ladies out there, that covers you against the risk of 8 critical illnesses like burns, breast cancer, vaginal cancer etc.

23. What is the waiting period and Sum Assured for maternity insurance plan in India? A waiting period of 72 months is applicable for the coverage of maternity expenses. If you opt for Sum Insured between INR 3 lakhs and INR 7.5 lakhs, then the coverage is restricted to INR 15000 for normal delivery and INR 25000 for caesarean section and if you opt for Sum insured between INR 10 lakhs and INR 50 lakhs, then it is restricted to INR 25000 for normal delivery and INR 35000 for caesarean section. The waiting period for Maternity for every product will differ based on the terms and conditions of every product.

24. How can I get a new member added to my existing family floater health insurance? You can fill a health declaration and endorsement form along with the additional premium amount to cover a new member to any existing family floater medical insurance plans.

25. How do I make changes in my health insurance policy details after receiving the policy documents? You can change your details online by visiting our website or contact our customer care executive, who will help you make the required changes.

26. How can I check the status of my policy? You can check the status of your policy online. Log onto our website with your user ID and password and enter the details of your policy – policy number, etc. to check the status. Alternately, you can download our ‘customer portal’ app and check your policy status.

27. Can I buy more than one Health policy? Yes, you can buy more than one health insurance policies. However, it usually becomes cumbersome to handle multiple policies. We recommend you to buy a single health insurance policy with high SI instead of buying multiple health insurance policies with low SI.

28. What if I want to renew my health insurance policy after one year? You can renew your health insurance policy after one year. But, if there has been a break in your health insurance renewal, then you might need to contact our customer support team, who can guide you to take further necessary steps.

29. Will I need to undergo a medical checkup every time I renew my policy? No. You do not have to undergo a medical check-up every time you renew your health insurance policy. However, if there has been a break in health insurance renewal or if you have upgraded the coverages of your medical insurance plan while renewing the policy, then you might be required to undergo some medical check-ups.

30. I am already having health insurance and want to increase sum insured, what should I do? You can contact our customer support team and get complete details of the steps that you need to take to increase the Sum Insured.

31. If my policy is not renewed in time before expiry date, will I be denied for renewal? You can renew your health insurance policy even after its expiry during the grace period of 30 days with all the benefits reinstated. However, if you do not renew your policy after the grace period is over, then you might have to start from scratch to get yourself covered.

32. Is it possible to transfer my policy from one insurance company to another without losing the renewal benefits? Yes, with health insurance portability, you can switch your health insurance company.

33. Is Medical Test mandatory for everyone? No. usually medical tests are not mandatory for people below the age of 45 years. However, your insurance company can ask you to undergo certain medical tests depending upon the medical history submitted by you and the health insurance policy opted by you.

34. Who pays for the medical examination? You have to bear the cost of the medical examination that you undergo before buying a health insurance policy. It can also be reimburse depending upon policy terms and conditions.

35. Is my health insurance policy valid for Pan-India? Yes, you are covered for all your health related emergencies with your health insurance provider all over India, subject to terms and conditions of your policy.

36. What are the fine prints which I should know before buying health policy? Before you buy a health insurance policy, you should take care of the following things: You should look for the exact coverages provided by your health insurance policy.

You should take a note of waiting periods and exclusions.

You should not hide anything from your health insurance provider like pre-existing illnesses.

You should check the online processes of the insurance company.

You should thoroughly enquire about topics like policy cancellation, policy lapse and policy renewal with your insurer.

You should also take a good look at the break-up of your health insurance premium and clear all your doubts before making the payment.

37. What do you mean by health card? Health insurance companies in India provide you a health card with your health insurance policy, which you can use at network hospitals to avail the cashless treatment benefit.

38. Will duplicate policies be issued if the original is lost? Yes, you can get a duplicate health insurance policy if you lose the original one. However, you might have to pay some fixed amount to get the duplicate copy of your health insurance policy.