Your Queries: Well being Insurance coverage | Dependent youngsters are coated below household floater until age of 25
Nevertheless, tremendous prime -up which has no such sub limits and capping could possibly be a good selection to cater to such out-of-pocket bills.
By Prasun Sikdar
My spouse is aged 50 and I’m 56. My son is 22 and my daughter is nineteen. Until what age can they be included in well being floater coverage? —Atul Mohan It depends upon the product / firm the place you and your loved ones members are desiring to be coated. Usually, in lots of merchandise, the dependent youngsters are coated until the age of 25 years. You might wish to examine with the possible insurers and resolve accordingly.
I’ve a household floater coverage and my daughter aged 23 can also be included within the coverage. She is getting married subsequent month. Can she proceed with the coverage and avail all the advantages amassed over the past 12 years? —Prashant Kumar The kid is mandatorily shifted into a person coverage when the kid attains the age of majority as outlined within the coverage or if the kid is not any extra dependent (turns into impartial). For the reason that daughter is getting married, her dependence would shift from the present household to the brand new household if the daughter isn’t incomes. Continuity advantages are provided on such insurance policies.
My workplace medical health insurance covers myself, my spouse and two youngsters. If I pay additional premium, my mother and father will be included. Ought to I am going for this or take particular person medical health insurance for them? —Vipul Arora Worker group insurance coverage doesn’t have any pre-existing ready interval. So any hospitalization incidence could be coated from day one. In retail coverage, a pre-existing ready interval is relevant. Retail medical health insurance will be renewed lifelong however group protection ends when the worker exits the group and so the mother and father could possibly be left with none insurance coverage. Therefore, take an impartial retail coverage for folks as properly.
Final 12 months, I paid greater than Rs 45,000 for cataract eye surgical procedure. The insurance coverage firm didn’t pay the total quantity as reimbursement. It mentioned the quantity is fastened at Rs 30,000. What ought to I do? —A okay Rao If there may be any capping on sure procedures reminiscent of cataract, and so forth. , the quantity shall be paid as per the relevant sub-limits. Nevertheless, tremendous prime -up which has no such sub limits and capping could possibly be a good selection to cater to such out-of-pocket bills.
The author is MD & CEO, ManipalCigna Well being Insurance coverage. Ship your queries to [email protected]
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