Health Insurance Riders
What is Health Insurance Riders?
Health insurance riders are optional add-ons to a basic health insurance policy that provide additional coverage for specific needs. They can include benefits for critical illnesses, maternity care, or personal accidents, among others. These riders enhance the flexibility of a policy, allowing individuals to tailor their health coverage. While they come with an extra premium, they offer targeted protection for unforeseen health-related expenses.
Riders can help mitigate the financial burden of serious health issues and ensure comprehensive care. They allow policyholders to choose the level of protection that best fits their lifestyle and medical needs. Consulting with a knowledgeable insurance provider can help individuals select the right riders for their unique circumstances.
Riders offer personalized coverage to meet specific health and financial needs, ensuring broader protection. Working with an experienced provider helps in choosing the most suitable options for your situation.
Major Health Insurance Rider Types
Maternity Rider – This rider covers delivery expenses but may be restricted for pre and post delivery expenses also.
Daily Cash Benefit – In this rider, in case of hospitalization the policyholder receives a cash amount for all days .
Critical Illness Rider – A policyholder buy a health insurance with critical illness rider, At that
OPD Rider – This rider covers the outpatient department expenses like doctor’s consulation fee, medicines,diagnosis tests and other outpatient services.
Room Rent Waiver – This riders hepls to pay the room rent daily as how many days hospitalized.
Personal Accident Rider – A personal accident rider is an add-on to a policy that provides compensation for accidental injuries or death.
Minor Health Insurance Rider Types
Preventive Health Checkup Rider – Preventive health checkups are a set of medical tests and examinations that are performed regularly to identify potential health risks and detect diseases early.
Adventure Sports Rider – Buying adventure sports insurance protects you financially if you’re injured while engaging in these riskier activities in spots.
International Coverage Rider – An international coverage rider, or global cover rider, that covers medical expenses incurred both in India and abroad.
Reinstatement Benefit Rider – The reinstatement benefit provides an additional pool of funds to help with upcoming medical expenses.
Accident Disability Rider – In case policy holde disabled dueto accident, the company will pay the partial or total sum insured amount. The amount mainly depends on the severity of the injury.