Do you have medical insurance? Ask and get this bonus!

Financial advisors are advised that whether one takes a life insurance policy or not, one must take a medical policy. No matter how many lakhs we have saved, there is a risk that all of it will be dissolved in one day, only in medical treatment. Therefore, it is noteworthy that awareness is being created that everyone should take medical insurance. Many people who have taken medical insurance in this situation are not aware of the no-claim bonus. Let us look at this in detail. There are reports that many people are not availing of this offer especially due to a lack of awareness about the No Claim Bonus.
It is known that people who are in good health are now taking health insurance. In that way, those who are in good health can get the benefit of a claim bonus if they do not make any claims for a few years. For example, if a person takes medical insurance for one lakh rupees and does not claim any kind of claim in that year, the insurance company will give him a 5 percent bonus in the second year. That means you will get medical insurance for 1 lakh 5 thousand rupees. Also, if he does not claim every year, he can continue to get a 5 percent bonus every year.If you have a claim in the first year of insurance, you may not get the No Claim Bonus in the second year. But at the same time, if there is no claim in the third year, then the No Claim Bonus will be available in the fourth year. Also, not only the policy amount but also the policy premium can be availed. 10,000 for medical insurance of 1 lakh, if no claim is received, it is enough to pay Rs. 9500 after deducting a five percent discount. Also, there is a facility to pay a premium after 5% if no claim is made every year.Many medical insurance companies themselves offer this benefit to policyholders. Some companies offer this offer only if you claim the No Claim Bonus. So if you have taken a medical policy and have not availed any branch then it is advised to avail of this offer immediately.
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Sowmiya Sriram

13/10/2022 12:22 PM