Mediclaim: Health insurance with IVF and fertility insurance plan available; see how

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Published: December 18, 2017 2:09:24 AM

It is prudent to have a health insurance plan for your family.

Health insurance plan, general insurance, iphoneIt is prudent to have a health insurance plan for your family.

You can buy health insurance plan with IVF treatment cover I want to buy a mediclaim product for my family with IVF and fertility treatment cover. Please suggest a plan.

– Gaurav Arora

It is prudent to have a health insurance plan for your family. IVF and infertility related expenses are usually not covered in health insurance plans offered by most insurers. Insurance companies are now coming up with policies providing IVF treatment cover with limited sum insured. Coverage is provided for medical expenses incurred by the insured person during the policy period for her IVF treatment undertaken at a clinic duly registered in accordance with applicable law and on the written medical advice of a specialist medical practitioner. Such coverage in the policy comes with waiting period of three years from the policy inception date, it does not provide for such treatments taken after 40 years or expenses for consultation, diagnostic tests or procedure or any such other expenses for diagnosis of infertility.

 Can I take renew my car insurance for three year duration to save the hassles of renewing it every year?

—Atul Sharma

Traditionally, general insurance industry has always responded to customers’ needs. It’s true that a long-term policy for cars will save the hassle of renewing every year but currently none of the insurers are offering long term policies for cars. A few insurers are offering two to three years cover for two-wheelers. Nevertheless, there is no denying of the fact that private car insurance for long term cover will be introduced in the market sooner or later.

I would like to know about mobile loss insurance cover for Apple iPhone 7plus. Please suggest.

—Sanjay Kumar

Today mobile handsets have become one of the most important accessories of everyday life for staying updated and connected with each other. Contents in the mobile phones have both monetary and informative value. There is a great risk of losing smartphones with all such precious data. Therefore, if you are planning to buy insurance, you can get your Apple iPhone 7plus completely covered which will give your phone protection against theft as well as physical damages. The insurance is valid up to one year.

The writer is MD & CEO, Universal Sompo General Insurance. Send your queries to

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