Different Kinds Of Health Insurance In India – Amrit Adrino
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Different Kinds Of Health Insurance In India

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When you face a medical emergency it is not just about emotional support, but also financial assistance. When you’re surrounded by loved ones to lift the spirits of your loved ones, you require someone who can take care of the medical bills too. Health insurance can help. Therefore, it is advisable to understand the various kinds of health insurance plans that are available in India.

Different kinds of Health Insurance in India

  • 1. Individual health insurance policies: The most popular kind of health insurance policy in India. It is only for the individual. It will cover the medical expenses in the event you are admitted to an institution. The cost in these cases will depend on individual factors like your medical history, age as well as other factors.
  • 2. Family floating Insurance plans it is implied by the word this kind of health insurance policy covers the whole family. It’s like one for individuals, but the amount insured in this instance is typically greater and shared among all family members. One of the primary advantages of an insurance policy is that you do not have to be managing multiple policies. Additionally, these policies are more affordable than purchasing an individual insurance policy for every member.
  • 3. Senior citizen’s insurance policies: These health insurance policies are specifically designed for those who typically are over 60 years old. Because older people are more likely to submit an insurance claim, the amount that is due is greater in these instances. Additionally, many insurers do not require a medical screening or exclude diseases that are pre-existing prior to giving senior citizens insurance since older age is usually associated with health problems.
  • 4. Critical illnesses insurance policies: A critical illness insurance policy covers serious diseases like heart attacks, kidney diseases cancer, paralysis, etc. In these cases, the insured receives a lump sum amount upon diagnosis of the illness. In contrast to individual policies, no hospitalization is required to claim the funds. This type of plan is recommended for those with a history of diseases in their families.
  • 5. Personal Accident insurance policies: Accidents are common and the cost they create could drain your savings to the limit. Personal accident insurance will cover the costs of medical treatment required following an accident. Most often, a personal accident insurance policy will cover three types of situations: partial disability, total disability as well as death due to an accident.
  • 6. Maternity Insurance plans these plans are specifically designed for women. insurance plans for women. They cover post-natal and prenatal expenses, in addition to ambulance and delivery costs. Baby insurance is offered where the costs for the newborn baby are covered for up to a specific time. Most maternity insurance plans have the requirement of waiting for a certain period before they can be activated. It is therefore advisable to get a plan when you get married. It is also possible to use them as an addition to existing insurance.
  • 7. Unit Linked Insurance plans: Unit Linked Insurance Plans or ULIPs are insurance plans that double as investment options. When you pay for the cost of the premium, a small portion of it will be used in covering the plan as usual. The rest that is paid for by the insurance company will be put into investments in the form of debt and equity. With ULIPs they not only protect your health, but you also make money in the near future by gaining yields.
  • 8.To summarize: Illness can strike anytime and the costs of treatment medications, treatments and other medical expenses can range into thousands. Therefore, purchasing health insurance is one of the initial stages of a person’s financial planning. There are various types and plans for health insurance offered in India. It is important to evaluate your needs and personal requirements before selecting one.

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Buy Or Renew Car Insurance [Second Hand, Old & Expired]

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Important Things To Know About Car Insurance in India

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What are the reasons why Car Insurance is required in India?

However, when it comes to simple things, like car insurance, most people prefer to forget or not think about it, unless there’s an immediate consequence of not having it.

But it is true that a majority of the time these guidelines are designed to ensure the security of people such as us and you.

Let’s consider for instance; what would happen if Third-Party Car Insurance was not required under the law. In this situation, the majority of people would not even have it and, in the event there was an accident both parties would be drowning in nonsense arguments, and then huge amounts of money!

So, even though the main goal of insurance policy is to safeguard the person who is affected by an accident or mishap There is many reasons why the insurance of a car is now mandatory in India.

  • Numerous Road Accidents Road accidents are quite frequent throughout India which is one of the primary motives behind why the Motor Vehicle Act has made car insurance mandatory is due to this. In 2017 there more than 1200 injuries that were reported daily because of road accidents! Car insurance will ensure that no one is forced to shoulder the financial burden in the event of a crash.
  • Secures the Third-Party: If you happen to bump into someone’s car or a car crashes into your vehicle, having an insurance for cars belonging to third parties in place will guarantee that the third party affected is compensated any car damage or personal damage.
  • Helps with Legal Procedures In the event of an accident, it is not just the accident that occurs, it is more than just the damage, it’s the legal procedure that consumes the time and energy of those involved. But, if you have an insurance for your vehicle that is valid legal procedures are also handled.

 

What are the reasons why purchasing a Car Insurance online makes sense?

Have you ever paid the electricity bill through your central location or, when was the last time that you visited your Kirana shop to complete your mobile recharge? It’s been awhile, hasn’t it?

Due to the internet’s power, the majority of us make use of the internet to do the majority of our tasks completed. Pay your bills, recharge and even place orders for groceries! Technology has developed to the point where we no longer need to go to insurance companies or call our dealers to purchase insurance for our cars anymore.

Now you can buy your insurance policy online. All you need are the car’s basic information and a debit or credit card to pay for your insurance premium. Once you’ve done that Your car insurance policy will be sent to you within a matter of minutes.

    • The convenience of purchasing car insurance online can help you save a lot of time. There is no need to spend your time waiting around or calling anyone to get the job completed. You can complete the task from your couch with your laptop in hand and just five minutes left.
    • The purchase of a car insurance online allows you to modify your insurance policy for your car. Additionally, it is possible to do this with Digit’s Car Insurance; you can also modify the car’s IDV by yourself.
    • The purchase of car insurance is much more sensible since the process of purchasing one is transparent because you’re purchasing it yourself instead of relying upon a third-party person to take care of the job for you.
    • The most appealing aspect of purchasing an insurance policy for your car on the internet is there is no need for paperwork!
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Why Should You Renew Your Car Policy With Digit?

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Over the years, the way we get our vehicle insurance has changed. Digit analyzed the whole car insurance process and found a way to make it more intuitive, seamless and hassle-free. If you are looking to renew your car policy but aren’t sure, then this post is for you.
Digit understands the challenges you go through, the complex jargon and non-transparent pricing. You can now decrease the number of steps you take to renew and buy your car policy.

Why should you pick Digit to handle Your Car Insurance Renewal?

It doesn’t matter if the previous car insurance policy has been with us before or after, selecting Digit to renew your Car Insurance renewal is simple and easy to do and can be done in few minutes on the internet.

Do you want to renew your car insurance by us the very first time? Here are some benefits you can be looking forward to:

  • Claims that are quickThe main reason for everyone of purchasing a car insurance policy is to claim quickly in times of need. With our procedures, everything from filing claims to assessing the car damages is done online.
  • Cashless repairs to cars It’s not something you’d like to do in the event in the event of an incident is pay unnecessary money from your wallet. This is why we provide the option of repair with cash which allows you to visit one of our garages to get your repairs made without having to pay any additional cost.
  • A Large Network of Garages– Cashless service is available exclusively in our garages that are part of our network, but fortunate for us we have over 5800 garages located across the nation which you can pick from.
  • Doorstep Pickup and Drop When the necessity arises, for example the car isn’t repaired by the time it is We offer pick-up and drop services so that you don’t need to fret about logistics.
  • 24/7 Support So, regardless of what the time or day we’ll have your support.
  • Modify your insurance Do not be fooled by anyone who claims to offer low rates and even lower IDVs, which can immediately affect the amount of money you’re likely to receive in claims. This is the reason why at Digit we are a firm believer in transparency and let you customize your IDV according to the requirements.

 

How do I purchase/renew a Car Insurance Policy with Digit?

    • 1. Complete your Vehicle’s Model, Make and Variant. Also, the Registration Date and the city in which you travel. Select ‘Get Quote’ and select the plan.
    • 2. Select between a Third-Party Liability only or Standard Pack (Comprehensive insurance).
    • 3: Provide us with information regarding your prior insurance policy – Date of expiry, the date of your claim in the past year, and no Claims Bonuses earned.
    • 4: You will receive a the price on your preferred. If you’ve chosen the Standard Plan you can customize the plan further by choosing add-ons including setting the IDV, and verifying if you own CNG-powered car. The final cost in the following page.
    • 5: Pay your bill then your insurance will be emailed to you electronically!
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