Reliance General Insurance, a leader in the industry since 2000, is the first insurer in India to receive an ISO 9001:2008 accreditation for end-to-end services. As a result, the insurer is everyone's top choice, whether individuals, corporations or small and medium-sized businesses.
When it comes to health insurance, the company offers retail and corporate health insurance, mass health insurance solutions, and personal accident insurance. A significant fact about the company is that Reliance General Health Insurance was the first to offer over-the-counter health and home insurance products.
Features and Advantages of Health Insurance Policies Offered by Reliance General Include
- The organisation provides both fixed benefit and indemnity health plans. Fixed benefit plans pay a flat sum benefit regardless of the cost of medical expenses, whereas indemnity plans reimburse the actual medical expenses.
- The company's health insurance policies include wellness features that enable you to monitor your health and lead a healthy lifestyle.
- Premium discounts are available if a girl child is insured under health insurance programs.
- There are discount coupons and vouchers available for use at particular wellness centers.
- Under Section 80D, the cost of health insurance premiums is deductible up to INR 25,000. You can deduct an additional amount of up to INR 50,000 if you also cover and pay the premiums for your elderly parents.
- The business provides a guarantee for claim settlement provided your claim is legitimate. The company will pay interest at the rate of 1% of the claim amount for every six business hours that the claim is delayed after you have submitted the required claim documents.
Health Insurance Plans of Reliance General Insurance
Reliance HealthGain Plan - HealthGain plan from Reliance is an indemnity health insurance plan that pays for actual hospital expenses.
Features
- The plan alternatives are - Plus, Power and Prime
- A wide range of discounts is available on this plan. A 10% discount for buying this Reliance health insurance plan.7.5% discount for existing customers (non-health) of Reliance General Insurance. !5% discounts for taking care of your health
- If there are no claims for four consecutive insurance years, the policy's insured amount is doubled.
- The family floater version of the plan additionally allows for coverage of extended relatives.
- The premiums for the plan can be paid in four manageable EMIs.
- Sum insured options ranging from INR 3 lakh to INR 1 crore.
Reliance HealthWise Plan
Another indemnity-oriented health insurance plan that covers hospital expenses is the HealthWise Plan from Reliance.
Features
- The plan has three versions: Gold, Silver, and Standard.
- When a covered critical disease is discovered during the policy's term, the Gold Plan's built-in critical illness benefit gives a lump sum reward to the insured.
- No sub-limits on room rent, and in-patient hospitalisation is permitted in a single private room.
- Two girl children may receive a 7% premium savings under the plan. The permitted discount is 4% for one daughter.
- If you don’t file a claim in the preceding policy year, you are entitled to a 5% premium discount each year. You may only receive a no-claims discount of up to 20%.
Reliance Critical Illness Insurance Plan
Reliance Critical Illness Insurance is a fixed-benefit critical illness policy. The plan covers several specific illnesses and significant medical procedures. The policy compensates the sum insured in a lump sum payment if the insured is found to have one of the illnesses covered by it or receives one of the treatments covered by it. The insured amount is paid regardless of the medical expenses incurred. You may utilise the benefit amount to meet any other financial commitments you have, as well as to pay for medical care.
- Coverage is offered for 10 serious illnesses.
- To purchase the plan, there is no requirement to go through pre-entrance medical exams.
- The policy has one-year and three-year terms available.
Reliance Personal Accident Insurance Plan
- An unexpected contingency benefit is paid in a lump sum under the Reliance Personal Accident policy, which is also a fixed benefit health insurance plan.
- Every year without a claim results in a 5% increase in the insured amount. The plan allows for a maximum increase of 50% in the sum insured.
- The protection is offered worldwide.
- By adding on a premium, you can benefit from reimbursement for medical expenses. This rider would pay for any further accident-related medical costs.
- Individuals can purchase the coverage for themselves or as a family package covering everyone in the household.
- Individuals are underwritten according to the risk category to which they belong. Your profession will determine your risk level. The three risk categories are I, II, and III. Greater risk groups have higher premiums.
Conclusion
Reliance General health insurance is a great choice if you want dependable coverage at a reasonable price. So, check the Reliance health insurance policy that suits your tastes and consider buying it at the earliest.
