Dear All,
My company is ofeering Parents Medical Insurance Offer under our Group Mediclaim.
The details are as below.
Sum Insured : 1 Lac
Premium : 7,865
This is 1 Parent Yearly.
Below are the salient points they mentioned.
Ø Pre Existing Disease Covered For All Members
Ø No Medical Check Up
Ø 30 Days Waiting Period For Non Accidental Claims Waived Off
Ø 2 Year Waiting Period For Specific Diseases Waived Off
Ø Pre & Post Hospitalization Covered*
Ø 10% co-pay for all claims.
***In case an employee leaves the organization, the premium will not be refunded if a claim has been made. If there is no claim, then the premium will be refunded for the remaining policy period.
How do you guys see this, i am planning to take for both my father and mother. As external Medical Insurance policies demand Medical Checkup (and increase premium) and also they don’t cover existing diseses immediately.
I feel this is a good thing.
Please let me know your views.
Regards,
Sunil Ramidi.