I had taken a health insurance from Karvat Cover-More Assist Pvt Ltd. The plan name is Health first (Family floater plan that includes my wife and me). This health insurance is underwritten by United India Insurance company.
But later I understand that it is tailor made plan from UNI to Karvat Cover-More. So, I don’t know how it works since I am not aware of the kind of agreement United India insurance and Karvat Cover-More Assist.
So is it safe to continue or not? Please give your view on this kind of health insurance plans promoted by Corporates (underwritten by Public sector insurance company) to individual instead of taking policy directly from Public Insurance companies?
Navin-Yes, they are very much safe and claim settlement is EASY than individual health insurance plans. But regarding exclusions and all other restrictions, you can get information from your employer or directly from health insurance company.
Along with this, you must own your own family health insurance. Because we don’t know when your employer change the policy, you don’t know whether your new employer offers such facility or you don’t know when you retire. Hence, better to have your own health insurance separately now itself.
Dear Basu, What I mentioned is my own health insurance. Its not from my employer. When I searched for agents to take policy on my own for my family, i got Karvat Cover-more contact. They said they are giving Health insurance policies. They had tie-up with United India Insurance. When i searched in internet Cover-more is a global brand from Australia and partnered with Karvat group to launch their business in India. Their insurance plan name is HealthFirstFew websites:http://www.healthfirstindia.comhttp://www.karvatgroup.in/My concern is whether i can sign policy with them because this is pretty new for me. But in another way they have tie up with United India Insurance (Public sector company) so i am not sure and need your suggestion.Thank you,Regards,Navin L S
Navin-They are just like agents. I personally believe to go with your neighbour agent than these unknown ONLINE portals. Because in an emergency, your family will suffer in getting claim. You can check with medimanage or coverfox.
Thank you Basu for your suggestion. I also of the same opinion.