Articles 373 views December 5, 2020

Care Health Insurance Limited, formerly known as Religare Health Insurance Company Limited, offers you an innovative health insurance plan that will help meet your needs. Commonly, it is called a triple advantage health insurance plan i.e. Care Shield. In this plan, the policyholder will get the No-Claim Bonus (NCB) even after a small claim of up to 25% of the Sum Insured (SI). Along with this NCB benefit, there are more benefits added to Care Shield that you can enjoy. Let’s read on to know all these and more.

Features of Care Health Care Shield Plan

The following are the three benefits that make this health insurance plan distinct from the others:

  1. Inflation Shield: Your policy may not be adequate to cover your healthcare expenses with the increasing health care expenses. But when you add a Care Health Care Shield to your policy, the sum insured will increase at renewal as per the Consumer Price Index (CPI) as declared by the Government of India. The policy ensures that you will receive a sufficient sum insured for your treatment.
  2. Coverage for Equipment: Health insurance policies may not cover a list of equipment. But that won’t be the case with the Care Health Care Shield plan, which provides coverage for 60+ types of equipment like Belts, Braces, Buds, Crepe Bandages, Gloves, Leggings, Masks, Oxygen Mask, Spirometer, Thermometer, Ambulance Equipment, etc.
  3. NCB Shield: At last, in case No Hospitalization Claim has been registered for the previous year of the policy, your sum insured is hiked by 60% on renewal due to the NCB at no extra cost. And this NCB benefit is different from the others because it ensures that any low-value claim less than or equal to 25% of SI does not lead to NCB cancellation.

Note – The news is provided by NewsVoir

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