In today’s era of rapidly rising medical expenses, it is very important to have a health insurance policy that suits your needs. Flexi Health Insurance Plans are designed keeping this flexibility in mind, so you can customize your policy as per your needs.
What is Flexi Health Insurance Plan?
Flexi Health Insurance Plan is a health insurance plan that allows the policyholder to customize various features of his policy. Here you can choose your sum insured (insurance amount), premium payment mode, and policy tenure as per your convenience. This plan also gives you the freedom to choose your doctor and medical services, giving you more control over your healthcare.
Key features of Flexi Health Insurance Plans
- Comprehensive coverage: This plan covers in-patient hospitalization, pre- and post-hospitalization expenses, day care procedures, and alternative therapies such as AYUSH (Ayurveda, Yoga & Naturopathy, Unani, Siddha, and Homeopathy).
- Flexible premium payment options: You can choose to pay your premium monthly, quarterly, half-yearly, annually or in one go, as per your financial convenience.
- Restoration benefit: If your sum insured and cumulative bonus is exhausted due to earlier claims, the policy offers you 100% restoration of sum insured for unrelated claims.
- Cumulative bonus: Every claim-free year you get a cumulative bonus of 10%, which can go up to a maximum of 50%.
- Free health check-ups: After every claim-free years you are eligible for free health check-ups.
Benefits of Flexi Health Insurance Plans
- Personalized coverage: You can choose the coverage amount and premium payment mode as per your needs, which suits your financial situation and health needs.
- Tax benefits: You get tax exemptions under Section 80D of the Income Tax Act, which reduces your overall tax liability.
- Comprehensive protection: This plan provides comprehensive protection to you and your family during medical emergencies, so you can get your treatment without any financial stress.
How to choose Flexi Health Insurance Plan?
Before choosing a Flexi Health Insurance Plan, it would be advisable to consider the following factors:
- Coverage scope: Check whether the plan covers you and your family’s medical needs.
- Premium amount: Evaluate the premium amount as per your financial condition and see whether it fits in your budget or not.
- Network hospitals: Keep in mind the availability of network hospitals of the insurance provider and also their location, so that it is convenient for you in case of emergency.
- Customer service: Also keep in mind the praise and claim settlement ratio of the insurance company’s customer service, so that you can get timely help.
Ultimately, Flexi Health Insurance Plans allow you to customize your health insurance policy as per your individual needs and preferences. This provides financial security to you and your family in times of medical emergencies, which is very important in today’s times.
