How much health policy insurance coverage do I need?

The amount of insurance coverage you will need depends on your medical needs, age and health risks, the city you live in, and various other factors. Also, you must consider the treatment costs for your specific health condition before deciding how much sum insured is enough for you and your loved ones.

Should You Get a Health Insurance Policy at an Early Age?

Health insurance protects your savings by covering medical expenses. Care Health Insurance offers various benefits, including cashless claims, tax savings, and coverage for hospitalisation, critical illnesses, and more.

Why is Health Insurance Policy Important to Protect Your Loved Ones?

Health insurance is important to protect your loved ones as it offers financial security for medical costs, ensuring access to care and peace of mind.

Does Health Insurance Cover COVID-19 Expenses?

The Insurance Regulatory and Development Authority of India has stated that companies should offer coverage for standard treatment of COVID-19 infections if the insured is affected by the infection and has to get hospitalised for the treatment.

What documents do I need to purchase mediclaim health insurance?

While purchasing a mediclaim insurance policy, you will require a few important documents to complete the process. Some of the documents required include ID proof, age proof, income proof documents, age proof, photographs, and relevant medical records.

Can I buy health insurance and use it immediately?

Yes, you can get immediate coverage under medical policies for any accidents or injuries. However, you can only avail of the policy's coverage for any illness-related hospitalisation after a standard waiting period of 30 days from the day your policy becomes effective.

What is the right age to invest in Health Insurance? Which is the best health insurance for myself and my family?

The earlier you get health cover, the lesser the premium you get to bear. The premium costs of health plans increase with age. Besides, the chances of having a pre-existing health condition also increase as we grow older- resulting in an increased premium. Thus, going for a health cover early in life is a wise decision.

What is the benefit of porting health insurance?

Medical insurance portability can help you switch a health insurance plan without having to go through a new waiting period. Once you have finished the waiting period in your previous plan, you do not have to serve it again.

How much does health insurance cost?

At Care Health Insurance, a 5-lakh medical cover starts with a premium as low as Rs. 358/month, subject to specific policy terms and conditions. Factors like the sum insured, type of coverage, policy term, count and age of insured members, and their pre-existing medical conditions, impact the chosen health plan's premium cost.

How can I get tax benefits from medical covers?

With our medical insurance, you get a chance to increase your savings as you become eligible to get income tax benefits under Section 80D of the Income Tax Act. That is, you will be allowed to claim a tax deduction on the policy premium for which you have made a payment to us.

Can I have multiple health insurance plans in India?

Yes, you can buy yourself multiple health policies. If you have opted for more than one indemnity-based plan with other insurers or us, then you can opt for any of these plans to settle your claims, provided that the claim amount payable is up to the sum insured of the chosen policy. If the claim amount under a single policy exceeds the sum insured, you have the right to select the insurer to settle the claim.

Can I add my ageing parents to my medical insurance policy?

Yes, you can include ageing parents in your health insurance plan easily by informing us during renewal. However, for elderly parents above 60 years, we recommend medical insurance for senior citizens that will better meet their age-related healthcare needs.

How does smoking affect the insurance premium for medical cover?

Insurers consider the habit of smoking as a factor when assessing your health risks and calculating insurance premium rates. Generally, smokers need to bear a higher premium for any health cover, given that smoking makes people more vulnerable to chronic diseases and other health hazards.

I'm covered under a corporate group policy. Do I still need a separate health cover?

Yes, it is wiser always to have separate healthcare insurance besides the employer health plan because the corporate plan does not offer extensive coverage, no tax benefits, and customisable features. Thus, it is better to protect your finances and health with a separate cover that meets all your healthcare needs effectively.

Can I take a health insurance policy for my 5 years old kid?

Yes, you can include your children aged 5 years or above under an individual health plan. For children under 5 years of age, you can include them in a family floater plan with other family members who are 18 years and above.

Are medical tests mandatory while buying health and medical insurance?

Pre-policy medical tests are usually required for older individuals, those with a pre-existing condition, or opted for a higher sum insured. However, it is best to go for a medical check-up when opting for a health insurance plan to ensure hassle-free claim settlement.

How can I increase the sum insured for my health insurance?

You can increase the sum insured of your health plan at the time of policy renewal. The same can be done after specific medical tests and a revision of the claim history. But the sum insured cannot be increased further if the existing sum has already met the sum insured limit of your policy.

What is the waiting period for health insurance?

The waiting period is the time you must wait before making a claim for specific conditions, as stated in your policy documents.

What is copayment in health insurance?

Co-payment can be defined as a cost-sharing feature in which the insured must pay a fixed amount of the costs incurred while filing a claim; the insurer will cover the rest.

What is a deductible in health insurance?

A deductible is the amount the insured must pay out-of-pocket before the insurance cover comes into effect.

What is a network hospital?

A network hospital is a hospital which has partnered with your insurance company, enabling you to seek cashless treatment.

What is the sum insured in health insurance?

The Sum Insured is the maximum amount the insurer will cover for medical expenses. A higher sum insured means a higher premium.

What are exclusions in health insurance?

Exclusions can be defined as certain conditions which are not covered by the health insurance policy.

What are top-up plans in health insurance?

Top-up plans provide extra coverage over your base sum insured, ensuring additional protection during medical emergencies.

What are pre-existing diseases in health insurance?

Pre-existing diseases are conditions that the insured has before purchasing a plan. They usually lead to higher premiums or waiting periods.

What is claim intimation in health insurance?

Claim intimation is the process of informing your insurer about an upcoming claim, mostly before hospitalisation. This helps ease the claim process.

What is a cashless hospitalisation claim?

Cashless claim settlement is when the insurer directly compensates the hospital for your treatment, bypassing the need for upfront payment.

What is a reimbursement claim?

A reimbursement claim is one in which the insurer pays the medical costs upfront and then gets reimbursed by the insurance company.

What is a No Claim Bonus in health insurance?

It is a bonus for policyholders who do not make any claims during a policy year; this often increases the coverage amount.

What are Sublimits in health insurance?

Sublimits can be defined as the maximum limit of the amount the insurance company will pay for certain medical expenses.

What is the Room Rent Proportionate Charge?

This is the maximum limit of the daily room cost covered by the insurance company; any extra amount is your responsibility.

What is domiciliary hospitalisation?

Domiciliary hospitalisation is a situation in which the insured receives treatment at home either because the doctor has declared that they cannot be admitted to the hospital, or there is a non-availability of rooms at the hospital.

What are network and non-network hospitals?

Network hospitals are empanelled with a health insurer and provide you with cashless medical treatment. Here, you can present your health card to avail yourself of a cashless hospitalisation facility, and the insurer will directly settle the claim with the hospital. Meanwhile, non-network hospitals are not empanelled with the insurer and thus require reimbursement claim filing.

What are the pre-existing diseases in health insurance? Will my health policy cover the same?

Pre-existing diseases are illnesses, injuries, or related conditions for which a medical practitioner diagnosed a person within 36 months before the effective date of policy issuance by the insurer or its reinstatement. Yes, Care Health Insurance policies cover pre-existing medical conditions but come with a waiting period as per the chosen policy.

What is the Smart Select Hospitals benefit at Care Health Insurance?

It is an additional cover option that reduces your premium by 15%, provided you use Care's Smart Select Network Hospitals, but using non-network hospitals may result in a 20% co-payment.

How does Room Type affect my health insurance coverage?

The type of room you choose during your hospitalisation impacts your hospital bill. Policies usually have coverage limits for each room type.

Is overseas treatment of an illness covered in my insurance plan?

Generally, any type of treatment taken overseas is not covered. However, you can opt for a global coverage option if you wish to continue treatment abroad.

How does no claim bonus work in a healthcare insurance policy?

A no-Claim Bonus (NCB) that is given to the policyholder for not raising any claim during a policy year. It is a bonus amount that becomes available as an increased sum insured for every claim-free year. The NCB amount will not exceed 50% of the sum insured under any medical policy insurance. The accrued bonus is reduced by 10% in the next policy year, if the insurer claims in a policy year.

Do health insurance policies cover robotic surgery & modern treatments?

Yes, our specialised health insurance plans cover various expenses under advanced medical treatments, including robotic surgery and modern-day care treatments. We offer cover for more than 541 daycare procedures.

Is there a grace period for renewal under health insurance?

Yes, an insured person is allowed a grace period of 30 days immediately following the policy period end date to pay the renewal premium for a Care insurance policy. You can pay the premium within the grace period to renew the benefits of your medical health insurance policy.

What is the process for a reimbursement claim settlement of medical insurance?

Typically, you will have to inform the insurance company about your hospitalisation. Submit the claim form and all the stamped and verified documents within the stipulated timeline. Once the claim is verified, it will be settled within 2-3 weeks.

How many claims can I make in a medical insurance policy?

You can make multiple insurance claims during the policy term, provided that it remains within the sum insured limit.

Are alternative treatments covered under health insurance?

Yes, as of April 1, 2020, all health insurance companies in India are required to cover AYUSH treatments, which include Ayurveda, Yoga, Unani, Siddha, and Homeopathy.

What are the details required to make a health insurance claim?

For a cashless claim, you need to submit the pre-authorization form at the hospital's TPA desk. Also, you need to present your health card and identity proof at the network hospital. Under a reimbursement claim, submit the claim form and documents, such as identity proofs and hospital bills. The details required include name, contact information, policy number, past medical history, proposed line of treatment, duration of treatment, etc.

Health Insurance: Buy Best Medical Insurance Plans @₹9/Day*

Why Choose Care Health Insurance?

Given below are some of the reasons why a health insurance policy from Care Health Insurance may be the best option for you:

Affordable Premiums with Extensive Coverage

Our health insurance plans offer new-age coverage at an affordable premium, ensuring you are appropriately covered without breaking the bank.

Wide Range of Plan Options

We ensure competitive coverage for everyone through the diverse plan options for families, individuals, parents, expecting mothers, and people with critical illnesses.

Vast Network

Our family healthcare plans are backed with a wide network of 24800+ cashless healthcare providers, including 11400+ network hospitals, which ensures you can avail of quality treatment in times of need.

Easy Claim Process

With a hassle-free claim procedure available both online and offline, we are also home to one of the best claim assistance team which means convenient claims anytime anyday!

Features of Health Insurance Plans

Addressed below are the features of the best health insurance plans from Care Health Insurance:

Feature	Description
Sum Insured	Ranging from ₹5 lakhs to ₹1 crores
Pre-hospitalisation expenses	Covered up to 60 days
Post-hospitalisation expenses	Covered up to 90 days
Ambulance charges	✅
Daycare Treatments	✅
ICU Charges	✅
Add-on	✅
Hospital Network	24800+ cashless healthcare providers with 11400+ network hospitals
Tax benefits	Up to ₹75000 Under Section 80D
AYUSH treatments	✅
Domiciliary treatments	✅
Grace period	30 days after policy expiry
Waiting period	30 days / 24 months/36 months
Policy tenure	1 year/ 2 years/ 3 years / 4 years/ 5 years
Advanced medical treatments	Available
Critical illness	Special plans offering coverage for 32 illnesses

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A Note from the Expert’s Desk

Health Insurance is a powerful investment that is evolving to address not just unprecedented health emergencies but also chronic health conditions. Also, with medical inflation soaring yearly, having an appropriate plan is not just an option- but a necessity. With the right health insurance by your side, you can ensure access to quality healthcare without a financial strain.

Remember to assess your loved one’s medical needs, compare policies, and choose a plan that backs them with comprehensive coverage, including hospitalisation and preventive care services. Your informed decision today can make a huge difference in your family’s health and finances in the long run—for good.

Kunal Chanana Corporate Manager Product Development at Care Health Insurance

Benefits of Health Insurance

Click through the sections to get a detailed understanding of our medical insurance plans:

Financial Safety:A medical insurance plan ensures that you are protected against the financial strain that may arise from hefty medical bills.
Coverage for Critical Illnesses: An expansive health insurance can ensure that you get access to quality healthcare even if a critical illness inflicts you.
Protection above Corporate Health Insurance: At Care Health Insurance, we offer affordable plans that help you cope with expensive medical costs over and above your group health insurance plan.
Rewards for Staying Healthy: Getting yourself covered under one of the best health insurance plans at a young age allows you to accumulate bonuses for maintaining good health! So, you pay less and still get comprehensive coverage when needed most.
Cashless Claim Benefit: During a medical emergency, a health insurance plan with an expansive healthcare network can ensure that your focus remains on recovery, not paperwork.
Tax Benefits under Section 80D:The premium you pay for your health insurance can be utilised to avail of tax benefits under Section 80D of the Income Tax Act, 1961.

Care Health Insurance- At a Glance

Abiding by the Insurance Regulatory and Development Authority of India (IRDAI), the best health insurance plans offer COVID-19 coverage as per standard t&c. Likewise, medical insurance policies offer a set of other coverage and exclusions. Click through to understand them in detail:

Coverage
Add-ons
Exclusions

In-Patient Hospitalisation: Our medical insurance policies cover your expenses, such as room rent, ICU charges, doctor’s fees, etc., during any planned or emergency hospitalisation up to the sum insured.
Pre-Hospitalisation Medical Expenses: We cover your medical expenses, such as doctor’s consultations, medical tests, and medication, up to 60 days before hospital admission.
Post-Hospitalisation Medical Expenses: Medical expenses, such as follow-up visits and medical tests, are covered up to 90 days immediately after discharge from the hospital.
Ambulance Cover: If medically necessitated, the expenses incurred in taking road and/or air ambulance are covered up to the sum insured in our best health insurance policies.
Advanced Medical Treatments: With our health insurance plans in India, you can access advanced medical care and get coverage for modern treatments, including robotic surgeries and chemotherapies.
Domiciliary Hospitalisation: We offer coverage for home-hospitalisation to ensure uninterrupted medical coverage per the policy terms.
AYUSH Treatments: According to the studies, the AYUSH treatment sector shall grow at a CAGR growth rate of 8.6% between 2022-27 Therefore, keeping in mind the inclination of people seeking alternative treatments, we offer alternative and holistic treatment options for your well-being, under our mediclaim policy as per the standard t&c.
Premium Payback: Care Health Insurance offers one of the best health insurance in India with the feature of paying back the first year's base premium on every block of five claim-free years.
Coronavirus Treatment: We offer standard coverage for hospitalisation and medication as per policy terms to ensure you are not strained due to a COVID-19 infection.

Claim Shield:Coverage expenses for a specified list of non-payable items are covered.
Annual health check-up: Provides free yearly check-ups for every insured member at network labs.
Reduction in the PED Waiting Period: Waive the waiting period for pre-existing conditions.
Infinity Bonus: The infinity bonus in our medical insurance plan increases the coverage of your mediclaim policy by 100% upon each renewal. The bonus is not affected by the claims made.
Care OPD:The OPD cover benefit in the best health insurance plans in India offers reimbursement for OPD consultations as per the policy terms.

We do not offer coverage for self-inflicted injuries resulting from suicide or attempted suicide.
Expenses incurred due to diseases, surgeries, or medical events(except accidents), occurring within 30 days of the policy start date are not covered.
Expenses arising out of or attributable to alcohol or drug use/misuse/abuse are not covered.
Treatment arising from or traceable to pregnancy and childbirth, miscarriage, abortion, and its consequences.
Tests and treatment relating to infertility and in vitro fertilisation.
Cosmetic or aesthetic treatments that do not fall under the 'medically necessary' category.
War, riot, strike, nuclear weapons induced Hospitalisation

How to File a Claim under Health Insurance Plans

Cashless
Reimbursement

How Do Health Insurance Plans Work?

Shortlist a health insurance plan: Choose a health insurance plan that meets your needs and budget.
Make regular premium payments: Pay your premiums on time to keep your policy active.
Seek medical treatment: Receive medical care from a healthcare provider.
File a claim: Submit a claim to your insurance company for the medical expenses incurred.
Claim assessment: The insurance company reviews your claim to determine settlement

Which Type of Health Insurance Should You Buy?

You should determine the best health insurance policyideal health plan for yourself and your family by evaluating every member's healthcare needs, age, and current health status. To help you select the right medical insurance for every member, we have created a scenario-based differentiation covering the different needs of individuals and families. Find out which scenario is most relatable to you and secure yourself with our policy offerings-

If You Have Dependent Family Members

Cover all your family’s medical needs under one plan. These plans have a single affordable premium, annual health check-ups, and customisable benefits for every member. We offer sum insured options of up to ₹ 6 crore

Family Floater Insurance Policy

If You are Young and Need Complete Coverage

This inflation-proof plan offers comprehensive financial and healthcare security for young adults. This plan has several benefits such as personal accident coverage, discounts, and no co-payment. These plans are available on individual and family floater basis

Youth Health Insurance Plan

If You Have Elderly Parents to Look After

Senior citizen health insurance plans offer complete coverage for elders, including automatic recharge, annual health check-ups, and tax benefits. Further, this policy does not require pre-policy medical check-ups.

Senior Citizen Health Insurance Plan

If You Need Protection Against Critical Illnesses

Our Critical Illness Mediclaim provides financial protection against the medical expenses of 32 critical illnesses, including cancer, stroke, and paralysis. It offers low premiums, easy EMI options, quick recovery counselling, and coverage for cancer at all stages.

Critical Illness Insurance

Eligibility Criteria and Health Insurance Policy Details

While most of our health insurance plans have standard eligibility criteria, you can check the desired policy for specific conditions, like co-payments, waiting periods, etc.
Tabulated below are the eligibility criteria to purchase health insurance plans from Care Health Insurance:

Minimum Entry Age	Individual- 5 years \| Floater- 91 days with at least 1 insured person of age 18 years or above
Maximum Exit Age	Lifelong for Adults
Tenure Options	1/2/3 Years
Cover Types	Individual and Family Floater basis
Waiting Period	30 days for illnesses, except injury \| 24 months for named ailments \| 36 months for pre-existing diseases
Grace Period	30 days to renew your policy post expiry

How do you Calculate the Premium of Health Insurance Plans?

You can now calculate the premium using a simple health insurance premium calculator designed especially for medical insurance policies. Here are the detailed steps on how to calculate your premium:

Visit Website

On the home page of Care Health Insurance, navigate to the products.

Choose a Plan

Choose the desired policy and enter your mobile number in the 'Get Quote' section.

Fill Member Details

Enter the members to be insured along with their age and current residential pin code, and then click on the 'View Quote' button.

Select Coverage

Customise the policy by changing the sum insured and add-ons as per your needs.

Purchase Policy

That's it! Your instant health insurance quote, including 18% GST will be calculated in no time!

Factors Affecting the Premium of Health Insurance Policies

Given below are some of the factors that affect the premium of your health insurance policy:

Age: The higher the age, the higher the premium, and vice versa.
Pre-existing Conditions: Pre-existing leads to higher premium costs.
Body Mass Index(BMI): High BMI leads to a higher premium amount.
Lifestyle Habits: Unhealthy and risky habits like drinking can increase premiums.
Type of Plan: Family plans typically have lower premiums than individual plans.
Sum Insured: A higher sum insured has a higher premium.
Deductibles and Co-Payment: Higher deductible/co-pay leads to lower premiums.
Add-On Covers: Additional coverage increases the premium.
Location: Areas with high medical costs have higher premiums.
Medical History of Family: A family history of diseases can lead to higher premiums.

Health Insurance on Your Fingertips

Now that you are versed in the details of health insurance, here are a few other things you should know to make an informed choice of a health insurance plan online. Click through to understand how to choose a health plan online.

Choose Wisely
Buy Online
Premium Reduction
Easy Renewal

Verify Eligibility: Often, health policies come with entry age restrictions. With Care Health Insurance, you face minimum age restrictions with a minimum entry age of 91 days on a floater basis and get lifelong renewability.
Ensure Maximum Coverage: Our health insurance plans provide pre and post-hospitalization expenses, diagnosis expenses, treatment, medication, organ donor cover, and annual health check-ups.
Look for Affordable Premium: A budget-friendly premium is always on your mind while buying a medical policy. In our digital portal, you can utilise the health policy calculator to estimate the premium rates by customising the covers and sum insured as per your needs.
Check Exclusions: Check the exclusions list carefully before choosing a health policy. There are certain pre-defined conditions under which you cannot make a claim. So, go for the cover that offers maximum coverage with minimal exclusions.
Understand the Co-Payment Clause: TheBefore investing in medical insurance, it's advisable to check the co-payment clause. Co-pay in health policies refers to a specified percentage of the claim amount that needs to be borne by the insured person.
Select Wide Cashless Network Hospitals: Easy access to our empanelled network hospitals provides you with cashless treatment in the least time. Ensure a widespread cashless hospital network, and don't forget to look for well-renowned hospitals in your vicinity.
Bid for Higher Claim Settlement Ratio: Claim Settlement Ratio proves the company's reliability in settling claims.

Here is a quick 6-step guide you should follow for making online insurance payments:

Go to our home page and select a health policy based on your needs and the sum insured's requirements.
Click on ‘Get Quote’ and provide relevant details.
Enter the required information and customise your policy.
You will be redirected to the payment section.
Make payment through any secure digital payment mode.
You will get the new health policy documents in your registered email.

Given below are some of the most effective ways to reduce your health insurance premium:

Buy a health insurance plan today: Age impacts your premium costs. Higher age usually results in high premium costs. Purchase health insurance early to reduce premium
Choose the right add-ons: Customise your health plan to meet your specific health needs and health budget.
Utilise tax benefits: Use tax benefits under Section 80D of the Income Tax Act, particularly for adults over 60.
Stick to your budget: Consider your finances and budget when choosing a plan. Select a plan that fits comfortably within your budget.
Pick the right copay and deductibles: High deductibles and copayments can reduce premiums. However, this would also result in out-of-pocket expenses.
Multi-year Policy: Longer policy tenures often offer premium discounts.
Follow a good lifestyle: Maintaining a healthy lifestyle can reduce the risk of developing health issues, which may help lower premiums.

Every medical policy terminates when the term for the policy ends. That’s why renewing a mediclaim is crucial to ensure uninterrupted healthcare coverage and added advantages like no claim bonus, coverage for a pre-existing ailment, etc. The process of renewing insurance involves the following steps:

Visit our official website for health insurance policy renewal.
Go to the renew section.
Enter the complete details, such as insurance policy number, contact number, etc.
Under the payment section, pay the renewal premium through any secure payment mode.

By buying a health policy online, you can also renew your health plan digitally, thus saving much effort.

How much Tax Benefit Can I get from Health Insurance?

If you fall into the taxable slab, then your health insurance plan can fetch you tax benefits. Here’s how:

If you are paying the health insurance premium for yourself, your spouse, your children, or your parents, you can avail of tax benefits under Section 80D and save more.
As a policyholder, you can also claim up to ₹5,000 when towards preventive health check-ups.
Take a look at the table to understand the deductions in detail:

Policyholders	Deductions for premium paid for self and family	Deductions for premium paid for parents	Preventive Health Check-Ups	Tax benefit
Self and family below 60 years	₹25,000	-	₹5,000	₹25,000
Self, family, and parents below 60 years	₹25,000	₹25,000	₹5,000	₹50,000
Self and family below 60 years and parents above 60 years	₹25,000	₹50,000	₹5,000	₹75,000

Documents required to File a Claim under Health Insurance

Given below are the set of documents that you will have to submit while making a claim:

Category	Documents
Claim Related	Duly filled and signed claim form Insured person’s name, policy number, address, etc
Medical Documents	All diagnostics and medical reports Original payment receipts, hospital bills, and discharge summary Pharmacy bills and prescriptions Doctor’s referral letter

Some Myths about Health Insurance Busted

Health insurance is vital to financial planning, yet various misconceptions surround it. Let us examine the most common health insurance myths and help you understand what is a myth and what is not.

Health Insurance is only meant for seniors: Health insurance is crucial for people of all ages, owing to the increase in health risks in younger individuals. Further, early purchases also lead to lower premiums.
Coverage Begins Immediately Upon Purchase: Usually, a waiting period of 30 days applies before you can make a claim. Specific conditions may also have additional waiting periods.
The Cheapest Plan is the Best Choice: The cheapest plan may not offer comprehensive coverage. To be properly covered, choose adequate benefits over price.
Pre-Existing Diseases Disqualify You From Health Insurance: Pre-existing diseases often result in higher waiting periods or premiums, but you can still get coverage. Specific add-ons are also available to reduce waiting periods.
Group Health Plan is Enough: Group plans usually have limited coverage and can be ineffective in case of job switch. Consider purchasing an individual plan to supplement existing group coverage.
All Hospital Bills are Covered: Even the most comprehensive health insurance plans have specific exclusions. Read your policy documents to understand policy limitations.

Porting Your Health Policy to Care Health Insurance

There are more than one reasons to port your policy to Care Health Insurance. As an insured person, we promise you unique benefits with lifelong renewability under most of our health insurance plans. Porting a medical plan is easy and can be done before the policy renewal stage. Just notify your existing insurer at least 45 days before the policy renewal date of an existing medical cover.

You will be able to retain your medical insurance policy benefits and accrued bonuses and transfer the time-bound exclusions, including credit for the waiting period for pre-existing diseases. It is possible to port a policy from one insurance company to another and from one health insurance policy to another policy with the same insurance company.

How to Port a Medical Insurance Policy?

Here is a step-by-step guide to port your health insurance scheme and get covered under Care Health Insurance plans:

Step 1

On the home page of Care Health select the “port existing policy” option and follow the premium calculation journey.

Step 2

Fill up the proposal form and the portability form with relevant details and submit the required documents along with it.

Step 3

The requisite data will be furnished on the official portal of IRDAI.

Step 4

The new insurance company will underwrite the proposal and inform you within 15 days.

Things to Remember While Porting Health Policy

Taking the following things into consideration to ensure a smooth transition:

Inform Previous Insurer: Intimate your previous insurer at least 45 days before the renewal date, but not more than 60 days.
Watch Premium Changes: Find out all about the new insurer’s premium. Changes in premiums can indicate differences in benefits or coverage.
Explore Add-ons: Go through add-ons available with new insurer to ensure maximum coverage before switching
Understand Waiting Period: When porting to a new insurer, your waiting period continues from where it left off with your previous insurer.
Be Honest About Medical History: Being dishonest about medical history can result in a port request being rejected.
Opt for a Higher Sum Insured: Consider increasing your sum insured when porting to a new insurer for better coverage.

Get Easy Claim Settlement With Care Health Customer App

Care Health Insurance strives to make quality health care accessible to everyone while maintaining a quick and hassle-free claim experience. The Care Health Customer App is an integrated app for all your health insurance needs. You can use this app for claim intimation, fill out a claim form online, upload the necessary claim documents, and track your claim status. Given below is the step-by-step process to file claim intimation using ‘Claim Genie’

Step 1:Open the Care Health-Customer App on your phone.
Step 2:Click on ‘Claim Genie’ on the home screen. Click ‘claim intimation’
Step 3:Select claim type.
Step 4:Select the member and enter all the claim related information.
Step 5:Upload any claim related medical documents.

You can also track the status of the claim, just click on the ‘Claim Tracking’ option on the homepage. The list of active claims will be presented on the screen. Click on “Track Claim” on the relevant claim. The latest claim status will then be displayed on top of the screen. This app can also be used to download the query/settlement letter or approval letter.