Road accidents are quite common and unpredictable. It’s always better to be prepared in case of a mishap. Wondering if your regular Health Insurance covers this? Keep reading to find out.
The number of road accidents has increased in the last couple of decades. While it’s not possible to predict these accidents, it is possible to take pre-emptive actions. An insurance policy is a good way to make sure that you. But, will any kind of policy, like a Health Insurance policy, cut it? Let’s find out.
So, sure, you’ve got Health Insurance but should you meet with an accident, will your regular Health Insurance policy cover you?
This handy little guide will tell you everything you need to know about accidental coverage in Health Insurance.
- Not all Health Insurance companies have a compulsory accidental coverage added to your regular Health Insurance. However, they do allow you to opt for a special rider like personal accident insurance. So, make sure to ask for it when taking a policy!
- For those companies which do provide an accidental coverage by default, there is likely to be an upper limit on the cover for different medical services. For instance, insurance companies can have an upper ceiling on the cost of the ambulance, hospital room, doctor’s fees, etc.
- Always read the terms and conditions carefully to ensure that accidental coverage is a part of your regular Health Insurance policy. You may also ask the insurance consultant to make sure that it’s included.
- You may have to pay a higher premium amount if you wish to include personal accident insurance cover in your regular policy.
Health Insurance and accident cover
Nowadays, many Health Insurance companies provide a certain amount of accidental coverage along with the health cover. But, the terms are clearly specified in the policy and there may be additional charges. It’s always advisable to pay a little extra and include the personal accident insurance in your regular policy to avoid any conflicts or claim denials at a later stage.
You can also include a personal accident cover as part of your Car Insurance policy if you do not already have the accidental charges covered by your health policy.
Further Reading: Misconceptions About Health Insurance
A word of advice: Remember to read the fine print on your health policy. Never presume that all the medical expenses or accidental claims will be covered by default by your policy. Every company has its own terms and conditions and the policy details vary from one insurer to another.
Read, understand and then decide, don’t presume or assume, we say!