Hi,
Can anyone tell me the features of the 'Group Mediclaim Insurance Policy' of National Insurance Company Ltd? Because I couldn't find it on their site. Please tell me who all are covered, age limitations if any, illnesses excluded from the policy, etc. At least, let me know where I can get this information.
Regards,
Deepthi
email: deepthireddy8@yahoo.com
From India, Hyderabad
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6Can anyone tell me the features of the 'Group Mediclaim Insurance Policy' of National Insurance Company Ltd? Because I couldn't find it on their site. Please tell me who all are covered, age limitations if any, illnesses excluded from the policy, etc. At least, let me know where I can get this information.
Regards,
Deepthi
email: deepthireddy8@yahoo.com
From India, Hyderabad
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Dear Deepthi,
A Group Mediclaim policy is taken for an employee with 2/3 dependents (father/mother/spouse/kids). Most often, we have insurance broking companies that help HR personnel to obtain Group Mediclaim Policy. Check out with regard to that in your hometown. Everyone is covered under the group mediclaim policy, and there is no age limitation. The coverage in the policy depends on the value and the insurance providers. In case you are in Chennai, I can suggest third parties who are involved in these types of activities. With regard to other locations, I am sorry, I don't have that information.
Regards,
Lavanya :)
From India, Madras
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A Group Mediclaim policy is taken for an employee with 2/3 dependents (father/mother/spouse/kids). Most often, we have insurance broking companies that help HR personnel to obtain Group Mediclaim Policy. Check out with regard to that in your hometown. Everyone is covered under the group mediclaim policy, and there is no age limitation. The coverage in the policy depends on the value and the insurance providers. In case you are in Chennai, I can suggest third parties who are involved in these types of activities. With regard to other locations, I am sorry, I don't have that information.
Regards,
Lavanya :)
From India, Madras
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hi lavanya, tx for the info. i ll try getting in touch with these agents. regards, deepthi
From India, Hyderabad
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From India, Hyderabad
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Deepthi,
I took a quote for 100 employees a few months back. All critical illnesses including pregnancy/cataract are covered on day one. The premium was approximately 3000/- per annum for a family of 5 people.
I know one employee of New India Assurance from whom we took the policy, namely Vivek Gupta, 9810348234.
Regards,
Surya Vrat Singh Rana
From India, Delhi
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I took a quote for 100 employees a few months back. All critical illnesses including pregnancy/cataract are covered on day one. The premium was approximately 3000/- per annum for a family of 5 people.
I know one employee of New India Assurance from whom we took the policy, namely Vivek Gupta, 9810348234.
Regards,
Surya Vrat Singh Rana
From India, Delhi
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Dear Deepthi Normally any insurance agent who deals with mediclaim policy can gett this information for you deepthi. regards, Sampath.
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Dear Lavanya, Can you give the contact details of the third party for opening the Group term policy for my employees in Chennai. Regards, Kalpana
From India
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From India
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Dear Kalpana, The Company Name is Futurerisk and the contact person is Priya-9841089772 Just Mention my Name and say that i had referred. Rgs, Lavanya :)
From India, Madras
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From India, Madras
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Group mediclaim policy can be taken for employees, or a floater policy can be chosen to include family members. The premium depends on the sum insured and the age of the member. There is no need to contact broking agents; you can directly call the company and ask them to explain all the features of the policy. Some companies offer to accept pre-existing illnesses, while some do not. It is advisable to negotiate with the insurance company. Instead of PSU, I would suggest contacting private insurance companies that provide lower quotes, better service, and faster claim settlement. Public sector insurance companies like Oriental, New India, and National are not known for their prompt service.
Mrs. Deshmukh Sr. General Manager (HR)
From India, Pune
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Mrs. Deshmukh Sr. General Manager (HR)
From India, Pune
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Dear Lavanya, What is the commission that need to be paid for the brokers? Regards, Kalpana
From India
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From India
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Dear friend,
As Mrs. Deshmukh mentioned, PSUs like United India Assurance or Oriental Insurance companies may not be prompt in service, but certainly don't charge you more than private companies. However, please remember PSUs settle 99% of mediclaim, whereas private companies cannot boast of such claim settlement.
Does it make any sense to have good service at the time of taking out a mediclaim policy but get your claim repudiated when it actually comes to the real part of service?
Moreover, group mediclaim does not involve individual assessment of health risk but is dependent upon the group size, the age distribution of the group, occupational or other hazards commonly experienced by the group, and so on. So, the larger the group, the premium to be paid will substantially be lesser. Also, remember, PSUs do not charge a premium to make huge profits out of their policies but they charge only to the extent of meeting out probable mediclaim that may arise. Private insurance companies are business units meant for profit-making, so just beware.
With regards,
Aadhirai G
Another thing, you need not pay any commission to the brokers/agent. He is paid by the insurance company.
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As Mrs. Deshmukh mentioned, PSUs like United India Assurance or Oriental Insurance companies may not be prompt in service, but certainly don't charge you more than private companies. However, please remember PSUs settle 99% of mediclaim, whereas private companies cannot boast of such claim settlement.
Does it make any sense to have good service at the time of taking out a mediclaim policy but get your claim repudiated when it actually comes to the real part of service?
Moreover, group mediclaim does not involve individual assessment of health risk but is dependent upon the group size, the age distribution of the group, occupational or other hazards commonly experienced by the group, and so on. So, the larger the group, the premium to be paid will substantially be lesser. Also, remember, PSUs do not charge a premium to make huge profits out of their policies but they charge only to the extent of meeting out probable mediclaim that may arise. Private insurance companies are business units meant for profit-making, so just beware.
With regards,
Aadhirai G
Another thing, you need not pay any commission to the brokers/agent. He is paid by the insurance company.
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