BetterHelpHealth issues will not forewarn you. You suffer from health disorders all of a sudden. People who are conscious about their health and people who are not conscious about their health get health issues sooner or later. There are many people who visit their doctor’s clinic every alternate month.
Medical fees of a healthcare practitioner, treatment costs and pharmacy bills make a hole in your wallet. To ease off worries about expensive medical expenses and regular visits to the doctor, you should have a health insurance policy.
There are various plans which fall under a health insurance policy. For all policy holders, no claim bonus can turn out to be beneficial, as you will be able to enjoy your health insurance. In the no claim bonus health insurance, money is added in the amount which is insured for every claim free year. No claim bonus is a kind of reward for a policyholder.
If you do not claim health insurance, still the reward in the form of no claim bonus will be provided to the health insurance policy holder. No matter which type of no claim bonus you avail, still you can enjoy better financial security when medical emergencies erupt at your end. In the no claim bonus, the insurers motivate their customers to stay healthy and use the health insurance policy when they need. There are many health insurance service providers who offer no claim bonus benefits through the health insurance products. The terms and conditions of a particular health insurance service provider may impact the amount of discount on the premium or cumulative bonus.
It has been that most health insurance companies usually offer a cumulative bonus with an increased amount or sum for every claim free year. Buy no claim bonus in health insurance from the eminent online health insurance company to reap benefits.
Importance Of No Claim Bonus In Health Insurance
It is not possible for the policyholders of the health insurance to claim on their health insurance policies every year as soon as they purchase the health insurance. At times, you choose to pay the hospital expenses from your pocket even if the hospital expenditures are cost-effective. In such a situation, you are eligible for no claim bonus facility.
You can get access to the maximal coverage with an increased amount insured to you every year in the no claim bonus. You must know that you can use the option of portability in the no claim bonus which means that the no claim bonus that you get every claim-free year will be transferred to another policy with the same insurance.
No claim bonus proves to be beneficial to policyholders in the long run. Usually, the insurer offers no claim bonus to the insured people on the basis of certain terms and conditions. You should make sure that you should not raise a claim in your previous policy period.
In a way, the no claim bonus is a reward for a policyholder for keeping their health good and not raising a claim in his or her health insurance policy. In order to ensure the loyalty of the customers, the insurer does not mind rewarding a policyholder who stays healthy. Many health insurers find it more profitable to offer no claim bonus than settling for health insurance claims which can go up to lakhs of rupees. In the health insurance sector, offering no claim bonus is quite common. Both public sector and private sector insurance companies offer no claim bonus only to the eligible policyholders. Get no claim bonus from the top-rated online health insurance service provider.
Features And Benefits Of No Claim Bonus
On an average basis, the health insurance companies offer no claim bonus from 5% to 20% . If you buy different health insurance from a different health insurance company, then your accumulated no claim bonus will remain stagnant. The sum insured in the no claim bonus can be used by any family member which is applicable only for the family floater policy. How can you reap benefits from the no claim bonus?
The most common benefit of no claim bonus is that you have the leverage to either save money during renewal plans or you can have more money which will be added to the sum insured. If your family member is admitted to a hospital and the hospital expenses are not too high, then you can pay the hospital bill by yourself. By not raising a claim, you can make the most of the cumulative bonus. Do not look for any other health insurance service providers when you have the reputable care insurance company at your fingertips. The efficient staff will guide you in every step pertaining to your health insurance policy and also on the no claim bonus. For any assistance, the staff members are always there to help you with their best guidance.
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James steller
