At an affordable price for you
Health Insurance for Everyone
At an affordable price for you
Health Insurance For Family
Care
Health Insurance Plan for Family & Individual
Care Plus - Youth Health Insurance Plan
Highly Flexible and Cost-Effective Health Plan
Care Plus - The Complete Health Insurance Plan
Health Insurance With No Upper Age Limit.
Care Advantage
Health Insurance Plan with 1 Crore Cover
Care Classic
A Zone-based Health Insurance for Families across India
Care for 45+
A comprehensive health insurance plan that supports you in your late 40s
Care Freedom
Health Insurance without pre-policy check-up
Care Senior
Senior Citizen Health Insurance Plan above 61 years
Care Heart
Health Insurance Plan covering Pre-Existing Heart Ailments
Enhance
Super Top Up Health Insurance Plan
Joy
Maternity Insurance Plan with Baby Cover
Cancer Mediclaim
Lifelong Cancer Protection Plan with EMI options
Critical Illness Insurance
Financial Coverage Against Defined Critical Illness
Heart Insurance
Health Insurance Covering 16 Major Heart Ailments
Operation Insurance
Coverage for wide array of defined surgeries
Health Insurance with COVID-19
Plans including covid-19 hospitalisation coverage
Calculate Health Insurance Premium
Handy digital tool for instant health premium calculation
Health Insurance for Parents
Health Plan for ageing parents
Individual Health Insurance
Cover an individual against financial risks
HEALTH INSURANCE FOR SENIOR CITIZEN
Health Plan with No Pre-Policy Medical Checkup*
Arogya Sanjeevani Policy
Standard Health Insurance Plan with AYUSH Coverage
All Health Insurance Plans
Health Plans with Maximum Coverage & Benefits suited for all Age Groups
Managing your Care Health Insurance policy is now App Solutely Simple with our all new mobile app. Available on both Google Play Store & iOS. To download
Kindly leave your Contact No. & we will call back soon
Types of Deductibles in Health Insurance
95.2%
Claim Settlement Ratio
8350
Network Hospitals
400
Lives covered
Health insurance is crucial to ensure your finances remain safe despite any medical emergency that can occur unexpectedly. Before you opt for a health cover, getting adequate details about the available health policies and thoroughly reviewing your needs helps you make the right decision. Understanding health insurance deductibles and types of deductibles is crucial to ensure how much claim amount you will receive when you file for it.
A health insurance deductible is a pre-defined amount you have to pay from your pocket for your medical expenses before getting the claim under medical insurance from the company. It is the part of the claim that you have to pay each year every time you make a claim. The health insurance company will bear the rest up to the policy limits.
Generally, the higher the premium amount, the lower the amount of deductible the person must pay. In the case of a lower monthly premium, there is a likelihood that the insured person may have to pay a higher health insurance deductible.
Let us understand health insurance deductible with an example.
>> Rahul purchased an individual health policy. He raised a claim amount of Rs 40,000. The health insurance deductible set by the company is Rs 10,000. In such a case, the company would bear Rs 40,000 – Rs 10,000 = Rs 30,000, and Rahul will pay a deductible from his pocket.
>> In another instance, he makes a claim worth Rs 10,000, and the deductible amount is Rs 15,000. Here, the insurer will not pay anything as it is liable to make payment only when the claim amount is higher than the deductible amount.
In India, health insurance deductibles are of the following types, namely:
When choosing cashless medical insurance, one should assess the covers that include or do not include deductible payments and the exact amount and time intervals for making these payments.
The amount of deductible the insured must pay is mentioned in the policy terms and conditions. Let's understand its significance:
The deductible is calculated after considering insurance coverage, income, the sum insured, etc. It may vary from plan to plan. When deciding on a health policy, keep in mind the deductible as a critical factor. But, if the question of what to choose a higher or lower deductible scorches your mind, read below:
While understanding the concept of health insurance deductible is vital, the factors impacting its calculation are equally essential. Below are some common points consider while deciding the deductible amount:
If you haven't opted for health insurance yet or your renewal is due, think about how a deductible can be beneficial for you. Get the best health policy from Care Health Insurance at an affordable premium and deductibles to minimize the burden of high treatment costs.
GET FREE QUOTE
Pay premium @ Axis Bank
Walk-in to the nearest Axis Bank branch to pay your Renewal Premium conveniently via Cheque/Demand Draft. Please ensure to keep the following in mind while opting for the same:
Please visit during banking hours and ask for ‘Easy Pay’ service counters at Axis Bank branch to deposit your premium.
Please mention your Policy(s)number and Contact number on the reverse of cheque. Instrument should be in favour of "Care Health Insurance Limited"
Make sure to collect the acknowledgement slip before leaving bank’s service counter for any future correspondence.
Postdated/ Outstation/ Third Party cheques are not allowed.
Please ensure the cheque amount is equal to the amount mentioned in renewal invite.
It is advisable to carry a copy of Renewal invite while visiting to Axis Bank branch.
Please ensure to deposit the cheque at least 7 Days prior to the due date. Instrument deposition is not allowed after the policy expiry date.
In case of any modifications in the policy details at the time of renewal, please contact our
branch and do not deposit the cheque in Axis Bank Branch.
Contact respective ‘Axis Bank branch manager’ in case of any difficulty/issue/clarification related to deposition of renewal premium. You may further contact our Customer Service team at 1800-102-4488/1800-102-6655
Add family members to be insured
Terms & Conditions of Premium Quote Generation
"Care Health Insurance Ltd (formerly known as Religare Health Insurance Company Limited) & associate partners may contact you to assist you with website navigation of www.careinsurance.com and assist in proposal filling."