Algates Insurance
Algates Insurance: “Simplifying Insurance For All individuals”.
What is a health insurance policy? Is it different from mediclaim?
“Mediclaim is a prototype of health insurance. Mediclaim policies only cover hospitalisation expenses.”
View in the company profileWhat is a cashless health insurance policy?
“A cashless health insurance policy comes with the facility of cashless treatment at network hospitals. In case you take a treatment at any hospital, after verifying all your health insurance documents, your hospital coordinates with your health insurer directly or through a third party administrator to make a claim under your health insurance policy.”
View in the company profileWhat are network hospitals?
“Network hospitals are a list of hospitals throughout the country which are tied up with an insurer to provide cashless treatment facilities to its customers. If you have a health insurance policy and go to one of the network hospitals, you can avail cashless treatment facility.”
View in the company profileWhat is No Claim Bonus (NCB)?
“Health insurers usually provide rewards to their customers at the time of renewal for staying healthy. If you buy a health insurance policy and do not make any claim in any policy year, your health insurer will reward you in the form of increased coverage at no extra cost at renewal.”
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