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Health Insurance

Mahatma Jyotiba Phule Jan Arogya Yojana- MJPJAY (Complete Guide)

mahatma phule

Mahatma Jyotiba Phule Jan Arogya Yojana- MJPJAY (Complete Guide)

The Mahatma Jyotiba Phule Jan Arogya Yojana (MJPJAY) is one of the most important flagship health insurance schemes in the State of Maharashtra. The MJPJAY Scheme was launched by The State Government of Maharashtra in 2012, with the aim of providing free medical care to the underprivileged in the State of Maharashtra.

MJPJAY provides health care coverage up to a sum assured of ₹1,50,000 for eligible people. Let us now discuss about some of the most important aspects of MJPJAY, such as:

  • Features and benefits
  • Eligibility
  • List of diseases covered
  • How to apply for MJPJAY

Features and benefits

  • The Mahatma Jyotiba Phule Jan Arogya Yojana (MJPJAY) was introduced with the objective to provide good quality health insurance coverage to the poor and underprivileged people in Maharashtra.
  • Under this scheme, eligible personal can avail completely free health care treatment up to a sum of ₹1,50,000.
  • Pre-existing diseases and disorders are covered under this scheme from the 1st day itself.
  • Both, diagnostics as well as surgical intervention is covered under MJPJAY.
  • The scheme beneficiary will have the choice to either get admitted in a government hospital or a private hospital (will have to be empaneled.) The choice remains with the scheme beneficiary.
  • Most major diseases, disorders, and conditions are covered under this scheme.
  • Further, there is a list of surgeries that will only be conducted at government authorized hospitals. Apart from these surgeries, the beneficiary is free to choose his hospital.
  • Both individual as well as family floater options can be availed under this scheme.

Eligibility

This scheme can be availed by anyone that matches all the below criteria:

  • A person/family living in a distressed area of Maharashtra
  • A person having a Ration Card, Annapurna Card, and Antyodaya Anna Yojana Card (AAY)

Even farmers that belong to distressed areas can apply under this scheme.

List of diseases covered

Let us now list some of the major diseases covered under MJPJAY:

  • Burns
  • Craniological diseases
  • General surgery
  • Opthamology Surgery
  • Pediatric Surgery
  • Surgical Oncology
  • Plastic Surgery
  • Infectious Disease
  • Gastroenterology
  • Nephrology
  • Neurological disorders
  • Dermatology
  • Thyomectomy
  • Refractory Cardiac Failure
  • Renal Angioplasty
  • Snake Bite Requiring Ventilator Support
  • Tb Tympanoplasty
  • Meningitis
  • Severe anemia

Here is a complete list of all covered diseases.

How to apply for MJPJAY and get The MJPJAY Card?

  1. Visit your nearest government hospital (has to be a network hospital) and ask to speak with an Arogyamitra. An Arogyamitra is a person that will assist you in enrolling under The MJPJAY scheme and getting your MJPJAY Health Card.
  2. Submit the requested documents to your Arogyamitra.
  3. Once your documents are submitted and approved by your Arogyamitra, your health card will be disbursed to you.
  4. You can now use this health card at any network hospital while availing treatment.

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Health Insurance

Chiranjeevi Health Insurance Scheme (Get Complete Details)

rajasthan

Chiranjeevi Health Insurance Scheme (Get Complete Details)

The Chiranjeevi Health Insurance Scheme also known as the Mukhyamantri Chiranjeevi Yojana is a notable social scheme launched by the Government of Rajasthan in 2021. Eligible persons can avail health insurance at a highly subsidized rate. Under this scheme, all permanent residents of Rajasthan can apply towards this scheme.

Also, poor Rajasthani residents (under BPL, SECC and NFS) will be eligible to receive health insurance coverage free of charge. Let’s talk about the most important aspects of The Chiranjeevi Health Insurance Scheme, such as:

  • Features and benefits
  • Scheme eligibility
  • Scheme application process

Features and benefits

  • The Chiranjeevi Health Insurance provides health insurance coverage to Rajasthani residents up to ₹10 Lakhs at an extremely nominal and subsidized premium of ₹850 / year. Also, Rajasthani natives that fall under BPL, SECC and NFS will get health insurance coverage completely free of cost.
  • The policyholder will be covered against more than 1500+ medical treatments.
  • The policyholders under this scheme can avail cashless hospitalization. This is a highly beneficial feature as the policyholder will not need to bear out-of-pocket expenses.
  • This scheme provides both post and pre hospitalization coverage.
  • Policyholders can avail medical treatment in government as well as private hospitals, the choice is theirs.

Scheme eligibility

This is a rather straight-forward scheme; the scheme beneficiaries will need to be permanent residents of the State of Rajasthan. Further, poor Rajasthani residents (under BPL, SECC and NFS) will be eligible to receive scheme benefits completely free of cost.

Scheme application process

Let us now find out how to apply for this scheme.

Step 1) Visit the official scheme website and click on ‘Online Registration’

chiranjeevi health insurance scheme website
Chiranjeevi health insurance scheme website

Step 2) Make your unique SSO ID

  • Now, You will need to click on ‘Redirect to SSO’
    redirect to SSO
    Redirect to SSO
  • Once clicked, now you will need to register for your SSO ID.
registration form
Registration form
  • Click on either ‘Jan Aadhar’ or ‘Google’ button.
  • Enter your Aadhar number or Google ID and click on ‘Next.’
  • Now, the system will send you a unique SSO ID link. Fill-up the requested details on this link and click on ‘Register.’
    SSO registration
    SSO registration

You have now registered on the portal. You can also view a complete video demo on how to register here.

Step 3) Sign-in to the portal

Now you can sign-in to the portal using your login and password credentials.

Step 4) Upload your documents

  • After logging into your account, you will now need to upload all the relevant documents to the portal.
  • After the documents are uploaded, the same will be vetted and if eligible, you will become a policyholder under The Chiranjeevi Health Insurance Scheme.

The following documents will be requested to be uploaded, ensure they are on-hand. Aadhaar card, Income certificate, Passport size photograph, bank statement, phone number, BPL certificate, ration card, address proof.

Step 5) Check your status

You can now check your application status through the online portal.

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Frequently asked questions

  • When was The Chiranjeevi Yojana launched?

    2021

  • Which Chief Minister launched The Chiranjeevi Yojana

    Ashok Gehlot

  • What is the premium rate for the scheme?

    INR 850 / year

  • Is Chiranjeevi scheme available to Non-Rajasthanis?

    No, it is only available to Rajasthani Natives.

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    Health Insurance

    Swavlamban Health Insurance Scheme (Enrolment, Benefits & Eligibility)

    disability

    Swavlamban Health Insurance Scheme (Enrolment, Benefits & Eligibility)

    The Swavlamban Health Insurance Scheme, launched in 2016, is a public health insurance scheme that provides health care coverage for people with disabilities (PwDs). PwDs have a hard time getting covered by private insurance companies, this leads them to be excluded from the helpful umbrella of insurance.

    The Government of India realized this and in an attempt to ensure that PwDs get adequate insurance coverage came up with The Swavlamban Health Insurance Scheme. PwDs include people with blindness, leprosy, motion disabilities, mental illness and disorders, hearing impairments, and similar disorders.

    Let us now learn about the most important topics concerning The Swavlamban Health Insurance Scheme, including:

    1. Features and Benefits of the scheme
    2. How to enrol under the scheme
    3. Scheme eligibility

    Features and Benefits of the scheme

    • The Swavlamban Health Insurance Scheme provides a health coverage of Rs.2 Lakhs for people with disabilities at a very low premium of Rs.357/year.
    • The scheme also provides a family floater option that can extend coverage of the scheme to the entire family.
    • PwDs do not need to undergo any medical tests or check ups in order to enroll themselves in this scheme.
    • Coverage will be extended to pre-existing conditions and disorders.
    • Both, pre and post hospitalizations are covered under this scheme.
    • OPD coverage (up to Rs.10,000 / year.)
    • Cashless coverage will be extended to PwDs

    How to enroll under the scheme

    The scheme is run through The New India Assurance Company limited, which is running the scheme in association with The Ministry Of Social Justice, Department of Empowerment of Persons with Disabilities.

    Step 1 – Visit your nearest New India Assurance Company limited branch and ask them to furnish you with the scheme form.

    Step 2 – Fill-up the form, submit it, and make your first premium payment.

    Ensure that all required documents like your PwD certificate and Identification and address proof documents are with you while approaching the insurance officer.

    Scheme eligibility

    PwDs will need to fall under all of the below criteria in order to be eligible towards The Swavlamban Health Insurance Scheme:

    • People with disabilities between the age of 0 – 65 years of age
    • PwDs will need to have a government authorized disability certificate (PwD certificate)
    • The family income of the PwD should not exceed Rs.3 lakhs / year

    You can visit your nearest New India Assurance branch to know more about this scheme.

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    Frequently asked questions

  • Which insurance company manages the Swavlamban Health Insurance Scheme

    New India Assurance Company

  • When was the Swavlamban Health Insurance Scheme launched?

    2016

  • Does Swavlamban Health Insurance Scheme provide cashless hospitalization?

    Yes, cashless hospitalization feature is available under this scheme.

    • Categories
    Health Insurance

    Niramaya Health Insurance Scheme (Benefits, Coverage & Enrolment)

    autism

    Niramaya Health Insurance Scheme (Enrolment, Benefits and Coverage)

    The Niramaya Health Insurance Scheme is a health scheme floated by The Department of Empowerment of Persons with Disabilities (Divyangjan). Under this scheme, people having disabilities like autism, mental retardation, cerebral palsy, and certain other mental disorders can avail health insurance coverage up to Rs.1 Lakh.

    We will talk about some of the most important aspects of The The Niramaya Health Insurance Scheme like:

    • Benefits of the scheme
    • Scheme coverage
    • How to enroll under the scheme?
    • Who is eligible for this scheme?

    Benefits of the scheme

    • The Niramaya Health Insurance Scheme provides health insurance coverage to people with mental disabilities. The importance of this cannot be underestimated as private health insurance companies generally do not extend their services to people with mental disorders. Affordable and good quality healthcare is their right also.
    • The scheme provides a health insurance coverage of Rs.1 Lakh. Although at this time of rising medical inflation, a coverage of just 1 Lakh could be considered quite less, but some coverage is better than no coverage.
    • This is a nationwide scheme.
    • Eligible people do not need to undergo any medical check-up in order to enroll under this scheme.
    • This scheme provides pre and post hospitalization coverage.

    Scheme coverage

    The scheme covers the following:

    • Hospitalization that results in surgery
    • Non-surgical hospitalization
    • Out Patient Treatment (OPD)
    • Medical check-up
    • Dental treatment
    • Ambulance costs
    • Alternative medicine

    You should also check the limits and sub-limits of coverage below:

    niramaya scheme coverage limit
    Coverage limits

     

    How to enroll under the scheme?

    1.) Visit the official Niramaya Health Insurance Scheme online page

    niramaya health insurance scheme official website
    Official Niramaya Website

    Choose your preferred search engine and search for the official Niramaya Scheme website. The website should look like the above image. Once on the website, click on the “Download” button.

    2.) Download the enrolment form

    download enrolment form
    Click on “Download Enrolment Form”

    Once on the download page, click on “Download Enrolment Form.”

    3.) Fill-up the form and submit it

    • Download the enrolment form, read it properly, find out what kind of documents and details are required, then fill-up the form.
    • Take a hard-copy of the filled-up form and submit to your nearest registered office of The National Trust.

    4.) Get your application ID

    Once your documents are vetted, The National Trust will issue you an application ID. If your application is approved, you can now download your Nirmaya E-card from the online portal.

    5.) Click on “Download Niramaya E-card of the beneficiary”

    Download Niramaya e-card
    Download Niramaya E-Card

    To download your E-card, click on “Download Nirmaya E-card of the beneficiary.”

    6.) Click on the “Nirmaya Card” tab

    click on Niramaya Card tab
    Niramaya Card Tab

     

    7.) Enter your application number and download E-card

    Download e-card
    Enter your application ID and click on “Download”

    Enter your application number and click on “Download.” If your application is approved, your Nirmaya E-card will be downloaded on your system. You can then use your E-card as and when required.

    Who is eligible for this scheme?

    All Persons With Disabilities (PwDs) are eligible under the Niramaya Scheme. All they have to do is fill-up the application form and pay a registration fee.

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    Frequently asked questions

  • What is the maximum coverage under The Niramaya Health Insurance Scheme?

    Rs.1 Lakh

  • Is OPD as well as IPD hospitalizations covered under The Niramaya Health Insurance Scheme

    Yes, both OPD as well as actual hospitalizations are covered under this scheme

  • Does this scheme provide coverage for medical check up?

    Yes, medical check ups are covered under the scheme.

  • What is the meaning of the word "Niramaya"

    Niramaya means healthy and disease free.

    • Categories
    Health Insurance

    Awaz Health Insurance Scheme (Enrollment, Benefits and Features)

    migrant worker

    Awaz Health Insurance Scheme (Enrollment, benefits and Features)

    The Awaz Health Insurance Scheme was launched in 2017 by the State Government of Kerala. This scheme was introduced with the aim of providing medical coverage to migrant workers within the Indian State of Kerala. Kerala is a state that has a considerable migrant work-force that contributes towards moving the economic needle of the State. In fact, Kerala has over 31 Lakh migrants, that consist of over 25% of the total workforce of Kerala.

    These migrant works, generally do not have a proper medical plan in place to safeguard their medical interests. The Awaz Health Insurance Scheme, introduced by the Kerala State Government, took this into consideration while launching this scheme. In fact, over 1 Lakh migrant workers in Ernakulam alone have enrolled under this scheme as of 2020.

    The Awaz Scheme provides health coverage as well as accidental coverage to migrant workers. Let us go through the benefits and features of this scheme.

    Benefits and Features of the Awaz Scheme

    • Migrant workers working in Kerala will be provided coverage of Rs 2 Lakhs in case of accidental death
    • Migrant workers will be covered up to Rs.15,000/- in case of injury or illness
    • The scheme is strictly for migrant workers and only migrant workers will be eligible to receive scheme benefits

    Awaz Scheme Eligibility and Coverage

    The following are eligible under this scheme:

    • A migrant worker working in the State of Kerala between the age of 18-60 years of age.
    • Migrant workers looking to enroll under this scheme will need to furnish their ID and address proof while applying under the scheme. They will also need to provide proof that they are working in the State of Kerala.
    • Further, they would need to get their iris and fingerprints scanned

    How to enroll under this scheme?

    Step 1 – Visit the official website

    Awaz Scheme website
    Awaz Scheme website

    Go to your preferred search engine and search for the official Awaz Scheme website by the Government of Kerala. Go to the scheme website.

    Step 2 – Click on “Downloads”

    Awaz Scheme Downloads
    Click on downloads

    Once on the website, click on the “Downloads” button.

    Step 3 – Download the application form

    download application form
    download application form

    Step 4 – Fill-up the form and submit it to your nearest Awaz Facilitation Centre

    Once you have filled-up the form and submitted the form with the proper details, submit it to your nearest Awaz Facilitation center. After scrutinizing your documents, the center will disburse your Awaz Insurance Card, which you can use at any network hospital affiliated under the scheme. The card will have all important details printed on it, including your name, DOB, nominee details, and more.

    All migrant works in Kerala should make it a point to avail the benefits under this scheme. Visit your nearest Facilitation center in case of any queries.

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    Insurance

    Top 3 Cycle Insurance Policies in India

    cycle

    Top 3 Cycle Insurance Policies in India

    It may have seemed unlikely to some that insurance companies provide protection and coverage to cycle owners, but that is quite true. Reputable insurance companies have specially curated insurance plans that cater to cycle owners.

    With cycle prices rising, getting an insurance policy for your cycle has never been more important. In fact, some of the prices of high-end cycles would quite frankly shock you. The Propel Advanced Pro 1 Cycle currently retails in India for a whopping ₹459999. The Colnago C64 Cycle takes it even further, by currently retailing for a jaw-dropping ₹796000.

    If you’re planning to buy a cycle with a price tag that’s even remotely close to them then you definitely need to insure it. Let’s read about the top 3 cycle insurance policies in India.

    Top 3 Cycle Insurance Policies in India

    Bajaj Finserv Cycle Insurance

    Bajaj Finserv provides a reasonable coverage that starts from 20,000 all the way up to 2,00,000. This quantum of coverage is generally enough for most cyclists. The plan provides protection against theft, natural calamities, and injury to self.

    Inclusions

    Exclusions

    Theft and robbery

    Tire wear and tear

    Floods, earthquakes,

    Wilful negligence

    Damage to the rider

    General wear and tear of the cycle

    Damages caused to third-parties

    		 

    Note: Inclusions mean that the insurance company will provide coverage for that particular event. Exclusions mean that the insurance company will not provide coverage for the event.

    HDFC ERGO Cycle Insurance

    HDFC ERGO is one of the premier insurance companies in the country, and that is for a reason. They provide an extensive range of insurance products from home insurance to cycle insurance. Let us look at some of the inclusions and exclusions of HDFC ERGO Cycle Insurance.

    Inclusions

    Exclusions

    Burglary and robberies

    Tire wear and tear

    Fire

    Willful negligence

    Accidental damage

    General wear and tear of the cycle

    Damages caused to third-parties

    Damages caused while intoxicated

     

    Electrical damage

     

    Mechanical damage

    Cycle Insurance by Toffee (Insured by Chola)

    Chola MS provides cycle insurance through the micro insurance platform Toffee. Mentioned within are the inclusions and exclusions of Chola Cycle Insurance. One important benefit that Chola provides is that they provide cashless coverage at authorized service centers.

    Inclusions

    Exclusions

    Theft

    Tire wear and tear

    Natural calamities like fire and floods

    Willful negligence

    Accidental damage

    General wear and tear of the cycle

    Damages caused to third-parties

    Damages caused while intoxicated

    Lastly, you must ask the insurance company about depreciation. Insurance companies will usually depreciate your cycle thereby decreasing the cover amount. Be cognizant of this. You can also ask for a zero-depreciation rider to avoid this.

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    Health Insurance

    Does Health Insurance Cover Laser Hair Removal?

    laser

    Does Health Insurance Cover Laser Hair Removal?

    No, your health insurance policy will not provide coverage against any type of laser hair removal treatments, be it hair removal on the face, torso, back, body, or head. There is no provision for insurance companies to provide coverage to policyholders for such treatments.

    Why don’t health insurance companies cover laser hair removal?

    • The rationale behind this lack of coverage is rather straight-forward. Insurance companies do not consider laser hair removal treatment of any kind to be necessary or critical in nature. It does not come within the classification of necessary lifesaving or life prolonging medical procedures.
    • Insurance companies also do not provide coverage for laser hair treatment because if they start providing coverage for it, many policyholders will opt for such treatments. Doing so will tremendously increase the expenses of the insurance company to the tune of hundreds of crores in claim payments.
    • This increase in the expenses of insurance companies will have a trickle down impact on all of the policyholders of that particular insurance company. Since the insurance company will need to service this influx of new claims (related to laser hair removal.), the insurance company will be forced to increase the rate of premium of both existing as well as new policyholders.
    • This will lead to a chain-reaction where the premium rate of all policyholders across all insurance companies in the country will increase. It would not be a favorable situation towards the insurance companies as well as the policyholders.
    • Further, it would lead to less insurance adoption, thereby decreasing the total penetration of insurance in India, which would lead to more people being left out of the safe umbrella of health insurance.

    These are some of the pertinent reasons why health insurance companies do not extend insurance coverage to laser hair removal procedures. Along with laser hair removal, insurance companies also do not provide coverage to related procedures like hair transplant surgeries.

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    Does health insurance cover for hair transplant?

    hair

    Does Health Insurance Cover for Hair Transplant?

    A prospective health insurance policy buyer with a receding hairline may have this question. And it is quite a natural question to have. Well, let us get to the meat and bones and give you the answer to your question. No. Your health insurance plan will not cover for a hair transplant treatment.

    The reason behind this is rather straight-forward. A hair transplant is not considered as a necessary medical procedure. A hair transplant comes under the category of cosmetic surgery and is out of the scope of coverage.

    A hair transplant procedure is classified into the category of non-necessary cosmetic surgery like:

    • Botox implants
    • Body fillers
    • Rhinoplasty
    • Body-shaping and sculpting surgery
    • Skin whitening surgery (face as well as full body)
    • Sex organ change surgery
    • Dental treatments (non-necessary cosmetic treatment)
    • Buccal fat removal
    • Face lift surgery
    • Breast implants

    As you can see, the classification of hair transplant procedures into this category of non-essential medical treatments is enough for health insurance companies to raise their hands and flat out decline any coverage to the policyholder for hair transplant treatment.

    Male as well as female alopecia is a condition that causes great mental and emotional turmoil in the life of a person and such situations should be handled with care and compassion.Understanding and compassion is quite important during this stage.

    Perhaps in the future, insurance companies will realize the distress that people go through due to alopecia and may consider classifying it as a disorder that is deserving of health care coverage.

    This may increase the price of premiums as many policyholders will make claims for alopecia. However, that is a discussion for another time.

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    Life Insurance

    Is Term Insurance Mandatory for Home Loan?

    research

    Is Term Insurance Mandatory for Home Loan?

    No, neither term insurance nor home insurance is mandatory while availing a home loan. That being said, it is a wise and prudent choice to buy both term as well as home insurance. We will point out the reasons for the same shortly.

    When a person approaches a bank to get a home loan, the bank will generally advise him to buy a home insurance plan before disbursing the loan to the loan applicant. This is generally done to safeguard the interests of the bank as well as the loanee. It must however be mentioned that there is no government regulation to support this.

    As per Indian Law, a loanee can avail a bank loan without buying home insurance for that home. However, since banks have the prerogative to approve or reject a loan, they use their position of power to persuade the loanee to buy home insurance. In such a position, you can mention this to the bank manager and request him to approve the loan without buying a home insurance policy. It must however be said that buying home insurance is in the interest of both the home buyer and the bank, and should be purchased without hesitation.

    Lastly, a bank will not be concerned if the loanee has a term insurance plan or no before disbursing the home loan as they will collateralize the loan for their protection. Thus it is not mandatory to buy term insurance before buying a home loan. That being said, it is a highly advisable for the loanee to buy a term insurance plan before taking the home loan. Let us investigate the rational for the same below.

    Top 2 Reasons to buy term insurance before taking a home loan

    1. Safety of your family: Imagine someone taking a massive loan to buy a home and then passing away. The entire brunt of that loan will come solely on the family. There will be tremendous plight of the family during such an event. They will have to deal with the death of their loved one and at the same time joist with the pressure of repaying the home loan. Such a situation can easily be avoided if the home buyer takes a term insurance plan. The family can use the sum assured to pay the bank loan amount.
    2. Peace of mind: The policyholder can be at ease, knowing that his family is protected in the event of his unfortunate death. Nothing can eliminate the dread of his family at such a time, but the load will be slightly less to bear for the family, and the policyholder can sleep better at night knowing his family is protected.

    How much coverage should you opt for?

    This is another important question. What is the term insurance coverage that you should opt for if you are looking to take a loan to buy your home? Well, the answer is rather straight forward. The loanee should take a term plan that will at least cover the entire loan amount (interest and principle both.)

    Further, it is advisable that the loanee also factors in the other expenses of the family like education costs, marriage costs, medical costs, daily expenses, etc before deciding on the term insurance coverage.

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    Health Insurance Vs Accident Insurance (Know the Difference)

    research

    Health Insurance Vs Accident Insurance (Know the Difference)

    The difference between health insurance and accident insurance is rather straight forward. A health insurance policy will ensure that the policyholder is covered and protected in the event of a hospitalization. This hospitalization may be caused due to a variety of reasons like critical illness, non-critical illness, accidents, etc. The health insurance company is obligated to provide coverage in such cases.

    An Accident insurance policy will only kick-in if the policyholder has met with an accident and requires medical treatment for the same. The accident insurance policy will not provide coverage if the policyholder is hospitalized for any other reason apart from an accident.

    Examples of health insurance and accident insurance

    Let us understand this with the help of three simple examples.

    Example 1: Let us assume that Mrs. Jyoti bought an accident insurance policy for herself. A few months after this, she was diagnosed with diabetes and required treatment for the same. In this case, the insurance company will not initiate a claim as the diabetes didn’t occur due to an accident.

    Example 2: Similarly, let us assume that Mrs. Navika bought a comprehensive health insurance plan with accidental insurance coverage. A few months later, she met with an accident and had to be hospitalized. Since she bought a comprehensive health insurance plan, the insurance company is obligated to protect her by disbursing her claim amount.

    Example 3: Lastly, let us assume that Mrs. Nayonica bought an accident insurance policy and later met with an accident. In this case, the insurance company will issue the claim amount and protect the interest of the policyholder as she is covered against unforeseen accidents.

    Difference between health insurance and accident insurance

    Let us now understand some of the notable differences between health insurance and accident insurance.

     

    Health Insurance

    Accident Insurance

    Coverage

    Will provide coverage during general illness as well as accidental hospitalizations. However, the policyholder must ensure that an accidental insurance clause is mentioned in the policy bond. Generally, most comprehensive health insurance policies have an accident component within it.

    An accidental insurance policy will only cover hospitalizations that have occurred due to accidents.

    Waiting period

    A health insurance plan generally has a waiting period component within it. For instance, some health insurance plans will only start coverage towards critical illnesses after a month of waiting period.

    Generally, there is no waiting period in an accident insurance policy.

    Add-ons or riders

    Yes, you can buy add-ons or riders along with a health insurance plan

    Yes, you can also buy add-ons or riders along with an accident insurance plan

    Maternity benefits

    Yes, health insurance plans may cover maternity, if the policy bond mentions it.

    No, accident insurance does not have the scope to cover maternity benefits.

    Tax benefits

    Yes, under Section 80D of I.T Act

    No.

    Ideally, a person should be covered against general illnesses, critical illnesses, as well as accidents. All three bases should be covered, only then a policyholder is truly protected.

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    Frequently asked questions

  • Does a comprehensive health insurance plan cover accidents?

    Generally, yes, a comprehensive health insurance policy will have an accident component within it. If it does not, then the policyholder should buy an accidental rider and cover himself against accidents.

  • Are health insurance an accident insurance policies widely available?

    Yes, both types of policies are widely available and easily accessible. 

  • Which companies provide accident insurance in India?

    Most insurance companies that provide a general health insurance plan also provide accident insurance policies.