The provisions related to limitations and exceptions may seem complicated at first but it is important to understand this before you sign up. There could be some exceptions and limitations that may not affect you or your family at all while some may be important for the history of health and hereditary family. So while it is impossible for one person may not make a difference, it could make a huge impact for others. That is why it is important to understand what these are and how they affect and relate to you as an individual and your family as a whole.
Exceptions are those conditions or charges not covered by insurance. In such cases, the creditor must share a predefined part of the cost of the claim if it should ever arise. Some insurance companies will also set the limits within the sum insured as a whole. Exceptions are the fees that the insurance company will not pay for. IrDA has standardized this list of costs. There are also different break for different situations.
One of the most common exemptions for health insurance are available diseases. This is because the entire premise of insurance is based on uncertainty so if there is a disease that you are already suffering from, it will not come under the insurance. Usually you can get insurance to cover you for a pre-condition following the specified waiting time has passed.
Another is excluded from the pregnancy and expenses related to childbirth and after vaccination. It could be a waiting period after pregnancy as well, but after that there are some benefits that can be availed. Other items that are excluded from health insurance policies are cosmetic surgeries, dental operations, other treatments such as Ayurveda and homeopathy, etc.
Sub-limits are another factor that should be examined carefully in the beginning before investing in the insurance policy. A sub-limit is related to exemptions that are associated with the commission of doctors, ambulance costs, rent for hospital rooms, etc. Knowing the limits keeps you prepared for emergencies so you know exactly what will be covered and what you have to pay from their own pockets.
There are trends that seem to have a whole list of exclusions and sub-limits and there are those who have a moderate amount of them. Knowing what is so excluded and what is not will help you make a better decision concerning health insurance to select. This can be done easily by making systematic and meticulous comparison of health insurance policies taken from different websites or products directly. Knowledge is power and knowing this beforehand will help you to better plan future family.