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Flexi Health Blog

Life as we know it is always unpredictable. We never know what the future holds. It's always advisable to have a backup plan to fall back on, when things go out of hand.

When it comes to health, we do our best to take precautions and protect our health. Yet, sometimes, it is unfortunate that health emergencies may bog us down. There are many fears about various ailments or other diseases that our busy lifestyles expose us too. In addition to all this, there’s also a concern among us Indians about the increase in prices of healthcare services. A health insurance policy secures your financial stability in case of a medical emergency in your life.

A health insurance policy makes you eligible for cashless treatments at certain hospitals where your insurer has networked with. But who can buy health insurance? What are the benefits of having a health insurance policy? Is there an age limit for getting yourself a health insurance policy? Let’s dig deeper and find out!

When we are younger and beginning our journey through important life milestones, many of us are not correctly advised about the need for savings and investing in protections such as health cover. Although there’s no age limit for getting yourself a health insurance policy, many people have a misconception that a health insurance policy is designed only for the older population. Because of this, many healthy adults miss availing the best plans when they are younger and only think about health plans when hit by their first medical emergency or need.

Only then do they realise that with a health insurance policy, they could avail best medical care during a medical crisis, without having to burn a hole in the pocket. Chola MS, a general insurance company, has broken this stereotype among the minds of the people and has put together in place a health insurance plan exclusively for the young adults - Flexi Health. Flexi Health Insurance is an indemnity health cover which helps you by providing a cost-effective method of coverage against medical expenses with you having a say in your health care, choice of services and choice of your doctor. Its flexible nature, designed to suit your needs, is what makes Flexi Health stand out in the crowd. You have the liberty to personalise your sum insured, premium more and tenure in this policy. This policy also covers you for alternate treatments besides allopathy. Here are some of the benefits of Flexi Health -

  • Flexible Premium Payment Options
  • Flexible Sum Insured Options
  • Location based Premium Rating
  • Coverage on Individual and Family floater basis
  • Sum Insured Restoration up to 100%
  • Recharge Benefit
  • Additional Sum Insured for Road Traffic Accidents
  • Daily Cash benefit for accompanying person expenses
  • Waiting period of only 36 months for pre-existing conditions or diseases
  • Tax Exemption under Section 80D of Income Tax Act
  • Cashless facility at over 8100+ network hospitals
  • No third party administrator. Direct claim settlement
  • Lifelong Renewability

The premium to be paid also varies depending on the location. For instance, there are two categories - tier 1 and tier 2. Tier 1 covers Mumbai, Chennai, Bengaluru, Kolkata, New Delhi, Gurgaon, Hyderabad and Ahmedabad. Tier 2 is basically the rest of India excluding tier 1 cities.

Another important benefit of Flexi Health is that it provides a family floater cover. Which means self, spouse and children upto a maximum of 6 members can be covered on Family Floater basis. However, coverage of self is mandatory.

The Flexi Health insurance policy covers some lot things like hospitalization expenses, pre-hospitalization expenses (upto 30 days), post-hospitalization expenses (upto 60 days), day care procedures, AYUSH coverage, domiciliary hospitalization coverage, organ donor hospitalization expenses, emergency ambulance expenses and newborn baby cover. This is only a part of what it covers.

You can click here to know more about the benefits of Flexi Health insurance plan.

Insurance coverage is the amount of risk or liability that is covered for an individual or entity by way of insurance services. Insurance coverage is issued by an insurer in the event of unforeseen occurrences. 

Flexi Health Insurance which is an insurance that is introduced as an indemnity Health cover provides you a cost effective method of protecting against unexpected health issues with more control over your health care, choice of services and choice of doctor.

A health insurance that moulds itself around your life. You can personalize your sum insured, premium mode and tenure under the policy. The product also covers you for alternate treatments besides allopathy. Stay healthy. Stay flexi

Click here to know more in detail about what it covers! However, it also does not cover, under its plan, a list of certain things. This plan, however, does not cover expenses incurred due to a few illnesses within the first two years from the commencement of the policy.

Click here to find out what it does not cover in detail.

Flexi Health is designed exclusively for the young adult population and as the name goes, it’s extremely flexible according to your needs. For someone who’s new to this and wants to explore options of how to be financially stable during a medical emergency, Flexi Health Insurance Plan is the best bet.

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