Digit Offers One of Lowest Health Insurance Wait Times | AFN News
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Digit offers one of the lowest wait times in health insurance
Posted on December 15, 2021
Customers will now be able to opt for a one-year waiting period only for specific and pre-existing conditions
Bangalore : Digit Insurance, a unicorn general insurance company providing health, auto, bike, travel, home and store insurance, announced it will begin offering one of the lowest wait times in the industry one year for pre-existing illnesses and specific illnesses.
Specific illnesses typically have a two-year waiting period, while pre-existing conditions can have a waiting period of up to four years. The offer aims to ensure that more people can apply for hospitalization related to pre-existing illnesses or conditions and specific illnesses instead of waiting for longer periods of up to four years.
On the offer, Vivek Chaturvedi, Director of Marketing, Digit Insurance, said, “At Digit, we are trying to reinvent health insurance for Indians. This reduction in the waiting period is particularly beneficial because specific illnesses are difficult to diagnose at an early stage and it may be necessary to make a claim within two years of purchasing a policy. A one-year flat-rate waiting period will ensure that more of our clients have access to good health care when needed. “
The most common specific diseases such as arthritis, gastric and duodenal erosions / ulcers, liver cirrhosis, fibroids, ovarian cysts, hemorrhoids, fissures, sinusitis, tonsillitis, etc. period of one year.
“Many don’t realize that there are more than 30 specific illnesses and hospitalizations, even for some of the most common like cataracts, cirrhosis of the liver, pancreatitis, ovarian cyst, hernia, etc. are not covered during the waiting period. Many of these procedures are often quite expensive and opting for a shorter waiting period will help people if hospitalization occurs after a year ”, says Chaturvedi.
As before, however, the insurer may request a medical examination on a case-by-case basis before issuing a policy.. In addition, the policyholder will have to report all pre-existing illnesses, conditions and symptoms at the time of purchase of the policy, as the claim could otherwise be rejected if any of the information is withheld at the time of issuance of the policy. the police.