Hi Friends
I have been ignoring this for a long time. Call it as my arrogance, I have not learnt the lesson from a tragedy (coughed up ~Rs. 4L a couple of years back from my pocket).
I always wanted to do a thorough study before I sign up for medical insurance because I want to be sure about the help I would get when I need it the most. That is one reason it keeps getting delayed everytime I initiate a research. I don't want to delay this now.
I have shortlisted a few after some google work, not in any order
-Apollo Munich Optima Restore
-ICICI Complete Health
-Oriental Insurance
-Max Bupa Heartbeat
-Oriental Family Floater
I am quite inclined to Apollo Munich for its NCB and other features. It is rated highest as per this article.
According to this article, ICICI Lombard has a good settlement ratio. Oriental Insurance has lowest rejected claims and also ranks high. But calculating premium on their site seems to be a Himalayan task. Many prime hospitals are not seen in their network (for cashless).
My concern is almost every insurance company has loads of complaints strewn over the web. Not sure who can be trusted. Whose customer service is best. Every company has a complaint by the ones who suffered stating that their claims got rejected on unreasonable grounds. Some are crazy, some are scary.
Do you have any experience of smoothly getting the claims settled- cashless treatment availed without hassles?
I have been ignoring this for a long time. Call it as my arrogance, I have not learnt the lesson from a tragedy (coughed up ~Rs. 4L a couple of years back from my pocket).
I always wanted to do a thorough study before I sign up for medical insurance because I want to be sure about the help I would get when I need it the most. That is one reason it keeps getting delayed everytime I initiate a research. I don't want to delay this now.
I have shortlisted a few after some google work, not in any order
-Apollo Munich Optima Restore
-ICICI Complete Health
-Oriental Insurance
-Max Bupa Heartbeat
-Oriental Family Floater
I am quite inclined to Apollo Munich for its NCB and other features. It is rated highest as per this article.
According to this article, ICICI Lombard has a good settlement ratio. Oriental Insurance has lowest rejected claims and also ranks high. But calculating premium on their site seems to be a Himalayan task. Many prime hospitals are not seen in their network (for cashless).
My concern is almost every insurance company has loads of complaints strewn over the web. Not sure who can be trusted. Whose customer service is best. Every company has a complaint by the ones who suffered stating that their claims got rejected on unreasonable grounds. Some are crazy, some are scary.
Do you have any experience of smoothly getting the claims settled- cashless treatment availed without hassles?