Insurance Overview

The scope of insurance is not only limited to life insurance; it also includes travel insurance, health insurance and the like, categorized under the banner of general insurance. A General Insurance Company also provides motor insurance and certain other insurance products, which are all short term based with very few exceptions. General insurance in India is still at its nascent stage and the sector will be gaining grounds in the near future.

Securing your family’s health is very imperative given the spiraling medical costs. Get insured with the best health insurance and maintain a cheery milieu at home always. Online insurance is one option you can choose if you want to break free from the hassles of meeting the insurance executive or visiting the insurance company. Online insurance requires you to fill in few details step by step; once details are filled, you can pay online which is a safe payment gateway and buy the policy online.

Apollo Munich Insurance is one of the most influential and fast growing health insurance companies in India. A joint endeavor between Munich Insurance, a world leader in the insurance sector and Apollo Hospitals Group, a health care leader in the Asian region, Apollo Munich Insurance has been able to gain the support of thousands of satisfied customers with its affordable and beneficial health insurance plans. Apollo offers the best health insurance in the individual and family category in three variants. The premiums vary and the insured sum varies from Rs. 1 lakh to Rs. 10 lakh.

Health Insurance for a Risk-free Living

It is really praiseworthy to see so many enthusiasts like me posting articles on the web and this blog forum on health insurance. Almost all of you guys have emphasized on the importance of health care insurance as well as health insurance agents. And those who are looking forward to purchase medical insurance will surely be guided in choosing a low cost health insurance, which also at the same time covers a number of benefits and a number of diseases.

All Health Insurance Agents or companies provide individual insurance or the family plan under different variants and varying premiums. I am surprised to find that majority of the articles speak in favor of Apollo Munich Insurance. Well, even I am also availing the services of this health care insurance company. I am insured with a low cost health insurance from Apollo Munich – the Standard plan. You can also purchase this health insurance under the individual insurance category. It has been tailor-made to fit the pocket of all. It starts at Rs. 3 per day and the insured sum can range up to Rs. 5 lakh. I got it for Rs. 2 lakh. It covers in-patient treatment, pre-hospitalization, post hospitalization, day care procedures, domiciliary treatment, and lot more benefits. I am happy to be a part of the increasing number of Apollo Munich health care insurance family.

If you buy a policy from Health Insurance agents, do check in detail the terms and conditions, renewal policy, tax benefits, etc.

Buying an Insurance Policy Online

Thanks to IT and the continuous development taking place. The way of living life has become so simple. To get protected from financial risks related to health, travel, and the like, I am looking forward to buy an insurance policy online. I remain busy throughout the day; so, I don’t have time to visit insurance executives or any insurance company. I can access the Internet round the clock and online searching is a part of my hobby; so searching for the right insurance company in India and buying the best Insurance Policy Online is an uncomplicated task for me.

I have just started my career and now I can afford to buy an online insurance. Guys, I am sharing this experience with those who are new to the insurance world and are in a predicament to choose the best as there are so many Best Insurance Company in India. Insurance in India is no wonder an emerging sector, as validated by the innumerable insurance companies in India, all carving distinctive niches. What you need to do is search, compare, get quotes, and then buy the one that is the best.

In one particular blog; in fact, several pieces, I have read people’s reviews on one insurance company in India called Apollo Munich Insurance. They have also written on the easy steps of buying online insurance from this company whether it is Travel Insurance or health insurance. I found it serving my health care needs and you guys will like the plans too.

The Best Medical Insurance Service Provider

Buddies, most of you must be aware of the significance of a medical insurance and many of you must already be insured with medical insurance. The huge hospital bills …my God! It was only after my maternal uncle underwent a total knee replacement paying several lakhs for the complete treatment that I insured myself and my family with medical insurance. His years of savings are all gone at just one go! Had he been insured, his medical insurance company would have paid the bills. You never know when such unpredicted maladies strike us and your years of savings just get disappeared like magic.

Searching the best Medical Insurance provider is again a complicated task. When so many medical insurance companies are there offering different policies, choosing one seemed really tough; there were a number of policies that were not cashless and these didn’t cover maternity costs and all that I wanted. It was until I happened to visit the site of one medical insurance company called Apollo Munich Insurance that my search came to an end.

With cashless hospitalization at over 4000 network hospitals, life-long renewal, pre-and post-hospitalisation expenses, cumulative bonus up to 50%, cover of 140 day-care procedures, and lots more, this was the right medical insurance provider I was looking for. Not all medical insurance providers offer such a whole range of benefits. I bought the Easy Health Exclusive plan for myself and my family (my wife and one kid aged 3 years).

Awareness about Medical Insurance Plans

When life gets complicated with one or more members in a family ailing with some grave disease, the financial costs involved, the severity of the disease, and the pain that the complete family goes through cannot be negated. Today most families are victims of this complicated life syndrome. Majority of the families or individuals in India are not yet insured with medical insurance plans. The reasons are many – lack of awareness about the benefits of mediclaim policy, dearth of Medical Insurance Brokers, reluctance of a member to pay the premium amount – and more.

Most people are not sentient as to where to contact a medical insurance broker. Most families face financial crunch after having arranged the required money to pay the huge hospital bills. The trauma and the struggle involved thereafter to maintain a balance of leading a comfortable life cannot be measured. Hence it is the need of the hour to educate the masses about the need and benefits of getting insured with medical insurance plans.

Mediclaim – this is the term that underlies all medical insurance plans – the insured gets claims of the insured sum to bear his/her health care needs. Medical insurance brokers work under insurance companies and they sell the company’s products to the insurance seekers. Locating a medical insurance broker is easy online if one has access to the computer and the Internet. One can also buy a mediclaim policy directly from an insurance company online after getting a quote and after comparing rates.

Guidance in choosing a Travel Health Insurance Policy

I don’t think all travelers are insured with travel health insurance plans. Even, I am a careless chap; though I travel around the country and world quite often I am not yet insured with any travel health insurance policy. Most overseas destinations require you to get insured with some travel health insurance, while filing for VISA. In such a mandatory case, the insured does get benefited. I would always keep this task of buying a travel health insurance policy for ‘tomorrow’ and tomorrow turns out to be ‘today’, thus postponing it since the last several years. But now I am really serious to avail some Travel Insurance Services.

For people like me who travel many times a year, I should get protection for the conveniences that might crop up during the tour. And to be true, I did come across several unwanted circumstances that almost emptied my pockets.

Can you guys suggest me the names of Travel Insurance services providers? When I am ready to buy a travel health insurance policy after several years, I should choose the best. There are so many travel health insurance plans that I am in a dilemma which one to choose. Guys, please do me a favor…do guide me in choosing and buying the best one. Well…it should be not like those single trip or very short term insurance policies offered by travel agents. I did come across that but I am in no mood to buy any of those travel health insurance plans.

Importance of Medical Cover

Buddies, let me share with you my experience – an episode that shocked me and an incident that made me realize the importance of getting insured with medical insurance. I fractured my left hand and left leg due to a collision between the scooty I was riding and a four-wheeler. It was not my fault on the road and the injurer sped away. I was hospitalized for a few days. Till then I had accumulated around two lakh rupees in the bank for my marriage. This and more had to be deposited when I was released. The executive at the hospital counter asked my father if we had any medical insurance card when we were admitted. A well wisher at the hospital said that a Medical Cover card would have taken care of all medical expenses.

I lost my job as well. It was after almost half a year that I resumed my career. The first thing I did was asking my colleagues about medical coverage plans. Most of them are insured under different medical coverage plans offered by different insurance providers. And they suggested many names, leaving me confused. It was then the web search engine using which I compared medical insurance rates so that I get the best medical cover. Apollo Munich medical coverage plans appealed to me the most. And the Medical Insurance rates for all three plans are less compared to the benefits they cover. I chose the individual plan for the time being.