Single Mediclaim Policy Characteristics in General Insurance

Prominent Characteristics of Single Mediclaim Policy in General Insurance...

The Single Mediclaim addresses compensation of Hospitalization/Domiciliary Hospitalization disbursals for Sickness/Malady/Disease/Injury prolonged, this is extremely beneficial policy in Health Insurance in case of any claim turning permissible.

Under this scheme the company will compensate to the insured person the total of whatsoever disbursals that would be included under various heads specified underneath and as fairly inevitably incurred by or in interest of such insured person, but without surpassing the total insured amount in any one period of insurance specified in schedule.

• Expenses for accommodation in Hospital/Nursing home as accorded.
• Nursing Disbursals.
• Surgeon, Anesthetist, Medical practitioner, Consultants, Specialist charges.
• Anesthesia, Blood, Oxygen, Operation Charges, Surgical Appliances, Medicines, Drugs, Diagnostic Materials and X-Ray , Dialysis and Chemotherapy, Radiotherapy, Pacemaker, Artificial Limbs, Cost of Organs for Transplantation and Likewise Disbursals.

Age Limit

Among the ages of 5 to 80 years this insurance operable. Simultaneously one or both the parents should be covered in case of children aged 3 months to 5 years for this policy coverage. A time span of minimum of 3 years should have been embraced in case of refilling of persons above the age of 75 years to allot the policy. Decrement of premium charges will not be entertained in the advantage of such persons under the scheme.

Absence of gap is essential for claiming bonus at reclamation which is extremely significant. The Mediclaim Insurance Scheme also facilitates for 

• Rebate for premium on family package.
• Cumulative bonus
• Expenses for health check up

For at least time period of 24 hours on hospitalization disbursals are permissible. Nonetheless for particular treatments like Dialysis, Chemotherapy, Radiotherapy, Eye surgery, Dental surgery, Lithotripsy (disposing of stones in kidney) , Tonsillectomy time confinement is not employed.

In case Insured is discharged from Hospital/ Nursing home on the similar day the treatment will be regarded to be neath Hospitalization benefits, for a stay less than 24 hours the Insurance Company accompanies the rule of thumb presented under for deliberation of claims in hospital.

1. Provided infrastructural facilities accessible in the hospital for the process associated the treatment necessitates hospitalization.
2. Referring to technology development hospitalization requisite is less than 24 hours, these cases of claims the insurance company grapples in peculiar events.

This single Mediclaim Policy in General Insurance Company is hugely practicable for public and to all kinds of social classes.

Notice of Claim

In the single Mediclaim policy the notification of claim with specifics pertaining to policy numbers, name of insured person esteemed to whom claim is ascertained, name and address of the consulting Physician/Hospital/Nursing home should be submitted to insurance company not further than seven days from the date of Hospitalization/Injury/Death, and within 30 days of discharge from the hospital the final claim including hospital receipted bills/ cash memos, list of documents named in the claim form should be presented to the insurance company.

The above mentioned are the prominent characteristics of Single Mediclaim Policy in General Insurance.