Free quotes from top insurers with lowest premiums

Avail tax benefits

Get the dual advantage of return

ASK an Expert

    About Health Insurance

    Medical and surgical costs are covered by insurance as health insurance. In health insurance terms, a provider is a private clinic, hospital, doctor, laboratory, healthcare practitioner, or pharmacy that treats an individual. The insured is the health insurance policy’s owner or the person who has the health insurance coverage.

    Depending on what sort of health insurance coverage you have, the insured pays up front and then is reimbursed, or the insurance company makes payments to the health care provider directly.

    Benefits of Health Insurance

    Here’s a look at some of the benefits of choosing a health insurance plan.
    Cashless treatment

    You can stop worrying about arranging funds for treatment with a cashless facility. You can visit any network hospital to access this benefit.

    Pre and post hospitalisation expenses

    These family health insurance policies include both pre and post hospitalisation charges.

    Ambulance charges

    Health insurance policies also include ambulance expenses for taking the policyholder to the hospital, if and when needed. Medical check-up

    Medical Check-up

    A healthy policy often includes covering the expenses of routines and periodic health check-ups. Certain insurance policy providers also provide free health checkups to their customers.

    Income tax deductions

    As per the Income Tax Act of 1961, you can get tax exemptions on premiums paid for managing health insurance policies.

    Dedicated Health App

    MAKS Finserv enables its policyholders to access their health insurance policy through dedicated MAKS Finserv.

    What is covered?

    Hospitalization Expenses

    Just like every other health insurance plan, we also cover your hospitalization expenses such as room rent, ICU, investigations, surgery, doctor consultations etc due to illnesses and injuries seamlessly.

    Mental Healthcare

    We believe mental healthcare is just as important as hospitalization due to physical illness or injury; hence, we cover hospitalization expenses incurred for treating mental illnesses.

    Pre & Post Hospitalisation

    It means all your pre hospitalization expenses up to 60 days before the date of admission and post-hospitalization expenses up to 180 days after discharge from the hospital are covered.

    Day Care Treatments

    Medical advancements help in wrapping up important surgeries and treatments in less than 24 hours, and guess what? We cover you for that as well.

    Home Healthcare

    Cashless Home Healthcare for medically necessary treatment of Illnesses, if prescribed by treating medical practitioner.

    Sum Insured Rebound

    This benefit adds to the Sum Insured, an amount equivalent to the claim amount, up to basic sum Insured, on subsequent Hospitalization.

    Organ Donor Expenses

    Organ donation is a noble cause and we cover the medical and surgical expenses of the organ donor while harvesting a major organ from the donor’s body.

    Recovery Benefit

    If you stay in a hospital for more than 10 days at a stretch, then we pay for other financial losses. It helps to take care of other expenses during your hospitalization.

    AYUSH Benefits

    Let your belief in alternate therapies like Ayurveda, Unani, Siddha, and Homeopathy stay intact as we cover hospitalization expenses for AYUSH treatment as well.

    Preventive Health Check-Up

    We care for your well-being and hence we offer preventive health check-up at renewal.

    Lifelong Renewability

    Once you get yourself secured with, our health insurance plan there is no looking back. Our health plan continues to secure your medical expenses for your entire lifetime on break free renewals.

    Multiplier Benefit

    If there is no claim in the first year, in the next policy year, the sum insured will grow by 50%. It means, instead of ₹ 5 Lakh, your sum insured would now stand at ₹ 7.5 Lakh for the second year.

    What is not covered?

    Adventure Sport Injuries Adventures can give you an adrenaline rush, but when coupled with accidents, it can be hazardous. Our health insurance plan does not cover accidents encountered while participating in adventure sports.
    Self-Inflicted Injuries If you ever end up causing injury to your precious self, then unfortunately our health insurance plan will not cover for self imposed injuries.
    War War can be disastrous and unfortunate. However, our health insurance plan does not cover any claim that is caused due to wars.
    Participation In Defence Operations Our health insurance plan does not cover accidental injury while you are participating in defence (Army/Navy/Air Force) operations.
    Venereal Or Sexually Transmitted Diseases We do understand the criticality of your disease. However, our health insurance plan does not cover venereal or sexually transmitted diseases.
    Treatment Of Obesity Or Cosmetic Surgery Treatment of obesity or cosmetic surgery is not eligible for coverage under your health insurance plan.

    How to Make Claim a MAKS Finserv Health Insurance Policy

    For Cashless Claim

    • Intimation
      Fill up the pre-authorized form at the network hospital for cashless approval
    • Approval/Rejection
      Once hospital intimates us, we send you the status update
    • Hospitalisation
      Hospitalisation can be done on the basis of pre-authorized approval
    • Claim Settlement
      At the time of discharge, we settle the claim directly with hospital

    For Reimbursement Claim

    • Hospitalisation
      You need to pay the bills initially and preserve the original invoices
    • Register A Claim
      Post hospital discharge send us all your invoices and treatment documents
    • Verification
      We verify your claim related invoices and treatment documents
    • Claim Settlement
      We send the approved claim amount to your bank account.

    Contact MAKS Finserv Customer Care

    If you are a new customer who is looking for information about the
    MAKS Finserv Health insurance

      Frequently Asked Questions

      Yes. You do need a personal health insurance plan as your employee health insurance covers medical expenses only till the time your employment in valid in the organization the moment you leave the job your policy term ends.

      The testing charges will only be covered in case of hospitalization for each insured member(s) covered under the mediclaim policy.
      Smokers are exposed to higher risks! If you smoke there are chances that you may develop some or the other ailment at later life stage due to which you may claim. Hence, insurance companies looks at such insured as high risk and the premium is a bit high for such individuals.
      You can raise either a cashless claim request by contacting the insurance department at the network hospital or inform your insurer post discharge about the hospitalization and send invoices to avail reimbursement benefits.

      Yes. You can port your medical insurance policy with any other insurer without impacting your waiting periods.

      Blogs & News

      For Assistance

      Contact us today to learn more about MAKS Finserv or to seek any financial assistance related to loans, insurance, investment and credit cards.

      Become Our Agent