The Oriental Insurance Company

When we think of health insurance most of the prospects particularly, if they are young and married ask the first question is maternity covered in the Insurance.The fact is health insurance covers a person against illness, diseases, accidents, and hospitalisation which are unforeseen. The Point to be noted here is pregnancy is not a disease or illness and is more or less a certain event that can be expected. Hence the insurance companies were not covering maternity earlier unless it comes under a group such as (cover given by the employer to the employees). But the expenses arise out of maternity can be huge sometimes and also eat up the savings moderately. While maternity was not covered a few years back under individual health insurance schemes, Insurers off late have introduced plans with maternity cover under family floaters and individual health plans with additional premium. Also Read about how to go about making a  Health Claim in India  Group insurance covers with maternity benefits. Maternity covers under group are generally provided by the employers to their employees as follows a)    The employee (who is a female and works with the organisation) b)     The homemaker who is a spouse of the…

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Senior Citizen- Health Insurance A person who reaches an age of 60 years is known as senior citizen in India. Approximately 22% of the Indian population are senior citizens. As the person reaches the age of 60, he/she is prone to more diseases and at times with critical illnesses. Hence it becomes all the more important that a person should have a health insurance cover at this age since the earnings of the person may come down and may eat up the savings when an illness hits. The treatment will prove  to be costly affair. Many of the insurers were reluctant to give any health insurance policy once the person approaches an age of 60 in the past as they may face more claims but thanks to some of the government initiatives, many of the public and private insurers are offering the health insurance cover for the senior citizens. CGHS (Central Government Health scheme) The CGHS scheme was brought into effect way back in the year 1954. In which it covers the health care needs of the employees of the central government, semi government organizations, some recognised autonomous organisations, MP’s, accredited journalists, and freedom fighters etc are covered while they…

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