Health Insurance - Addon Covers
Health Insurance Addon Covers
Various new additional covers called Add-on covers have been introduced by some of the insurers. Some of them are:
Maternity was not offered earlier under retail policies but is now offered by most insurers, with varying waiting periods
Available as an option under the high end version products for certain ailments which are life threatening and entail expensive treatment.
After payment of claim, the sum insured (which gets reduced on payment of a claim) can be restored to the original limit by paying extra premium.
Few policies cover expenses towards AYUSH treatment up to a certain percentage of the hospitalization expenses.