Health insurance is a valid contract between an insurance company (insurer) and the policyholder (insured) enforceable in the court of law. An amount of protection towards treatment expenses is payable for illness or accident in the Hospital / Day care centre to the insured by the insurer. These treatment expenses can be claimed either by a cashless facility or reimbursement process.
Key benefits of being with Fin2Excel Health Insurance
|Individual / Families on Floater Basis
|Sum Insured (INR)
|Up to 2 crores
|89.9% in less than 2 hours
|13000+ Network Hospitals
|In-house Claim Settlement
|On all 365 days by Qualified Doctors
|Highly sophisticated website
|Pre-insurance Medical Screening
|Not Mandatory in most of our Policies
A person can buy individual health insurance as soon as they turn 18 years of age. Buying a policy at an early age gives financial protection, and you can get much higher coverage at a lower premium.
Numerous health insurance plans are available for families with a good range of coverage. A floater policy with wide range of sum insured options is the best for covering the entire family. Fin2Excel Health offers various floater plans.
Medical costs incurred as a result of disease/illness/accident are covered by health insurance. These medical costs include the cost of hospitalisation, pre and post hospitalisation, medications, implants, specialist fees and the cost of surgery, etc.
In general, you can claim health insurance after a period of 30 days from the commencement of the health policy except for the claims that have waiting periods. However, in case of an accident, this initial waiting period is not applicable, and the cover is immediately provided if it is not for a pre-existing condition.
You can make your health insurance claim in one of the two ways: Cashless or Reimbursement Claims. However, the processes for these two kinds of health insurance claims vary.
If a policyholder receives an emergency treatment in a network hospital, the insurance company will directly settle the bill to the network hospital. You can claim reimbursement from your insurer if you are getting treated in a non-network hospitals.
For reimbursement of claims, the intimation should be given within 24 hours of hospitalisation (in case of emergency hospitalisation). Claim must be filed within 15 days from the date of Discharge from the Hospital.
In case of planned hospitalisation, you must notify your insurer at least 2 to 4 days before the scheduled hospitalisation