Apollo Munich Exclusive Heath Plan or Aegon Religare Comprehensive health plan?

[Rahul]

Claim Data Check here -
Apollo Munich
http://www.apollomunichinsurance.com...ure-Sep-10.pdf
Aegon Religare

http://www.aegonreligare.com/cms-adm...0PD_Sep-10.pdf

[Altaïr]

Rahul,

Thanks for your time and reply to the thread.

Though Aegon religare doesn't cover Pregnancy and Organ donation (donor costs), but Apollo Munich also also doesn't cover Pregnancy immediately [ it has a waiting period of 4 years]. Also, at my native place, I don't think Maternity expense cost too much.

Not sure if Organ donation (donor costs) is a point with much weightage.

At the other hand, Aegon religare has some intersting offering:

> Guaranteed fixed premium rate for 3 years. This means even if you have a claim in year 1 or 2, thepremium will not increase.
> You get a guaranteed fixed amount of money, irrespective of the actual hospital bill.
comprehensive.
> Coverage guaranteed; covering all kinds of surgeries including 240 day care treatments and 10 critical illnesses.
> Photocopies of hospital bills are accepted.

But, the critical illness cover in Aegon Religare is very less [50K] as comapared to Apollo Munich CI rider.

What do you suggest?

[Amit Sood]

I have taken the Easy Health Policy of Apollo Munich almost 2 years ago. I would like to share some points of my policy.

First of all, naturally their expertise and relation to the Apollo Group of Hospitals cannot be denied.
Another point that differentiates them is that they have lifelong renewal. You will not have to worry about your health costs for the rest of your life.
Thirdly, they have no sublimits on room rent when hospitalised.

You seem to be worried about the increase in premium. The premium will not increase when you claim. It will only increase when you enter the next age band, which I think is 36 years and above.
When it comes to critical illness cover, 50k is far from enough, more will be required.
You have said that Religare will give a fixed amount whatever your hospital bills. But what if the bills are more than that amount?

I am very happy with my policy from Apollo Munich, and I claimed for my wife 4 months back. It was a smooth process. I took cashless hospitalisation.

I would encourage you to go with Apollo Munich. It has a good reputation too, it gives what it promises.

Rgds,
Amit

[v.r.s.nathan]

> Guaranteed fixed premium rate for 3 years. This means even if you have a claim in year 1 or 2, thepremium will not increase.

Look for long term, you need health insurance most after 45+ year, because of age, chances of getting disease more!

> You get a guaranteed fixed amount of money, irrespective of the actual hospital bill.
comprehensive.

As said by Rahul its like other Critical Illness Policy, you will get lump sum value, but what about pre and post hospitalization changes, which you will get Apollo Munich Policy.

> Coverage guaranteed; covering all kinds of surgeries including 240 day care treatments and 10 critical illnesses.

Plus Point.

> Photocopies of hospital bills are accepted.

In most cases cash less is available for you won't even required photocopy.

This article from ET also help you in deciding -
http://economictimes.indiatimes.com/...ow/7364631.cms

I have picked below points, helpful for you -

General insurers
General insurance companies offer indemnity policies or reimbursement health plans Mediclaim has to be renewed on an annual basis. The company can increase the premium at renewal Look for the clause on sub-limits. The most common sub-limits are room rents, doctors’ fees and diagnostics Individuals from a small town should go for a cover of 2-3 lakh, and in metros up to 5 lakh.

Life insurers
Defined benefit plans, mostly offered by by life insurers, pay a lump sum on the diagnosis of any of the named critical illnesses listed in the policy document Insurers usually do not cover the specified critical illnesses if they are diagnosed within 90 days from the effective date of the policy Premiums are usually revised at renewal, which is usually three years or more If the company wants to increase the premium within three years, the insurer has to seek Irda’s approval

[Rahul]

Thanks Amit and V.R.S. Nathan for your reply!
Nice article shared by you Nathan. Hope will clarify all doubt of - Altair.