Mediclaim Health insurance
Insurance Cover It provides coverage only for hospitalization, accident-related treatment and pre-decided diseases for a pre-specified limit. It does not provide any compensation for the loss of income due to accident and also doesnot provide any add-on coverage. A health insurance plan offers comprehensive coverage against hospitalization charges, pre-hospitalization charges, post-hospitalization charges, ambulance expenses. Additionally, it offers compensation in case of loss of income as a result of an accident. It offers additional coverage on critical illness, personal accident coverage, maternity coverage etc.
Critical Illness Cover It does not provide coverage for critical illnesses. It provides critical illness coverage for more than 30 plus critical diseases such as cancer, stroke, kidney failure, etc.
Claims The number of claims are restricted to the amount of sum assured (insurance cover) and can be made as many times till the sum assured (insurance cover) is exhausted Except the claims pertaining to accidental & critical illness coverage, insured can file as many claims as long as his/her insurance cover isnt exhausted. Claims of accidental & critical illness is paid only once during the year/policy duration.
Hospitalisation It is imperative to get hospitalized in order to get the benefits of claim in mediclaim. It is NOT necessary to get hospitalized to get benefits of health insurance, even for day care benefits payments.