Protect your valuable savings & get the best doctors on your side
Advances in medicine and surgery are helping us in treatment of illnesses and disorder better. Maintaining good heath is integral to build and realize your dreams. On the other hand, imbalanced lifestyles, pollution, use of chemicals in our food, increasing population density, has also increased the incidence of illnesses, diseases and accidents. The best option to face this challenge is prevention rather than cure. The second best and inevitable option is HEALTH INSURANCE.
Health Insurance is a cover that offers protection against financial losses one may incur in the event of illness, disease or accidents. It is a commitment by the insurance company to indemnify the policy holder against the medical expenses.
The medical inflation in India is well over double digits. The importance of Health Insurance can hardly be overemphasized. It helps you secure your goals against unforeseen eventualities. The financial loss can be even more damaging when the sole breadwinner of the family falls ill and the unfortunate even of his/her being incapacited to earn the situation can be very devastating , often resulting in bankruptancies forgoing the family’s goals, lowering of living standards.
IN very simple terms health insurance can be broadly classified as COMPENSATORY — wherein the policy holder is reimbursed the actual cost( with the limits of policy purchased) incurred in treating his or her medical condition — and BENEFICIARY –wherein the policy holder is paid the sum assured as per the policy conditions.The claim under BENEFICIARY policies is paid over and above or rather irrespective of the claim paid under a compensatory policy.
How Medical Insurance Works
The commonly known “medical insurance’’ is normally a compensatory policy and is available in numerous variants in which the following elements have different permutations and combinations.
Sum Assured
Hospitalization Benefits
Room Rent Eligiblity
Non-Medical Charges
Outpatient Dept Charges
Deductible
Ambulance Charges
Limit per hospitalization
Pre-and Post Hospitalisation reimbursements
Daycare Treatment Charges
Cumulative Bonus
Restoration Benefits, Maternity Cover, Waiting & Cooling Periods, Continuity Benefits, Portability, and Top-Up Cover.
There can be some add-on benefits in the form of riders——-Waiver of cumulative Bonus Forfeiture, Hospitalization Daily Cash, Health Checkup, Health Returns, and other related benefits.
The BENEFICIARY POLICIES normally have a list of specified illnesses and conditions to be fulfilled.
These illnesses normally are critical in nature/life threatening / require special care and costly prolonged treatment. They often affect a person’s lifestyle and earning capabilities and involve repetitive cash outflows. Some of the major critical illnesses prevailent in India, along with the average costs are shown here.:
Today the longetivity of an average Indian has gone up to 69.73 yrs (from 38 years in 1950)
However, the incidence of major diseases / critical illness has also gone up. Therefore the CRITICAL ILLNESS cover is now an essential element of your Financial Planning and Security.
Dubey Capital Distribution Private Limited is committed to helping individuals and families secure their financial future through reliable health insurance solutions. We work with leading insurance providers, including Bajaj Allianz General Insurance, Aditya Birla Health Insurance, HDFC ERGO Health Insurance, and Go Digit General Insurance, to offer plans that match your healthcare needs and budget. From choosing the right policy to renewals and ongoing support, our team is here to guide you at every step.
We believe that the true value of insurance is realized at the time of a claim. That’s why we provide dedicated claims assistance, helping customers with documentation, coordination, and claim settlement. Our focus is on delivering prompt, dependable service when you need it the most.
If you’re looking for health insurance in Vadodara, Dubey Capital Distribution Private Limited offers personalized advice and a hassle-free experience. Whether you prefer purchasing or renewing your policy online or offline, our experienced team is ready to assist you. Call us at +91 7016985394 to discuss your health insurance requirements.