Cashless health insurance plans have gained significant popularity in demand with the increase in the cost of medical treatments. These insurance policies offer several features and benefits that help you manage all the required medical expenses. Some of the features include:

You can choose a sum assured between Rs. 2 Lakh and Rs. 50 Lakh depending on your financial requirement. You will have to pay an annual premium against the sum assured.

Mothers can enjoy financial coverage along with vaccination charges for up to 10 years under such policies. Also, you can manage the expenses required for the treatment of your newborn (if diagnosed with critical diseases) under this plan.

You can claim tax benefit of up to Rs. 60,000 under Section 80D of the Income Tax Act.

Individuals can apply for insurance plans online on the official website of their preferred NBFC. Individuals are required to fill an online application form and submit some specific documents while applying. Once the application gets approved, they can pay their premiums online using any of the online payment methods. They can also renew their health insurance policy each year online.

Such plans offer you cashless facilities where the bill amount is directly transferred to your hospital without you having to pay any amount from your savings.

You can port your insurance plan to the NBFC of your choice to increase the sum assured, lower the premium or to enjoy other add on benefits offered by your NBFC.

Besides, policyholders can claim coverage to manage both pre (30 days) and post (60 days) hospitalisation expenses, including diagnostic tests, medicine, consultation fees, etc. Under these cashless health insurance plans, policyholders can also claim coverage to manage emergency ambulance expenses.