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7F, 7th Floor, Vandhna Building, Tolstoy Marg, New Delhi- 110001
FAQS
? What is health Insurance?
Health Insurance is a type of insurance in which the insuring company pays the medical costs of the insured person if the insured becomes sick or due to an accident. It offers a protection cover for you and your family for any injury or disease related emergency like hospitalization, medical expenses, surgical expenses, etc.
? How does insurance work?
You pay a premium to an insurance company, and in return, the insurer provides coverage for specific risks outlined in your policy. If a covered event occurs, you file a claim, and the insurer compensates you according to the terms of your policy.
? What is the difference between term life and whole life insurance?
Term life insurance provides coverage for a specific period (e.g., 10, 20, or 30 years) and pays a death benefit if the insured passes away within that period. Whole life insurance offers coverage for the lifetime of the insured, with the added benefit of accumulating cash value over time.
? What does an insurance policy cover?
Insurance policies vary depending on the type, but generally, they cover specific risks or events such as death, accidents, medical expenses, property damage, and liability claims. The coverage details are specified in the policy document.
? What is the claim process for insurance?
To file a claim, you must notify your insurer about the covered event as soon as possible, provide any required documentation (e.g., police reports, medical records), and follow the insurer's claims process. The insurer will then assess the claim and provide compensation if it's approved.
? Can I cancel my insurance policy?
es, you can cancel your insurance policy at any time, but depending on the terms and conditions, you may be entitled to a refund for unused premiums. Some policies may charge cancellation fees or have specific cancellation procedures, so it's important to check with your insurer.