Health Insurance for a Diabetic patient is now available with some interesting features. Normally a Type II diabetic patients are only accepted. Premiums are lower with national insurers for lower sum assured. Options like Apollo Munich Energy focus on wellness and also reward policy holders with reduced premium when health parameters improve.
Diabetes is a medical condition in which the person has high blood sugar. It is a chronic disease meaning it has long lasting effects on your health. It has to be managed as curing it is very difficult. Diabetes also increases the risk of other complications of health. Due to this nature of the disease, insurers consider diabetics as high risk customers and therefore do not want to provide cover for them.
But insurers are waking to the fact that diabetics also need insurance and have started offering insurance plans for them. Generally they offer plans only in Type II cases. We compare some of the policies available in the market.
But insurers are waking to the fact that diabetics also need insurance and have started offering insurance plans for them. Generally they offer plans only in Type II cases. We compare some of the policies available in the market.
* Please understand the terms and conditions and premium to be paid for your policy when you purchase it. This is indicative.
Before you go for a specialised insurance product, apply for a normal health plan even if you have diabetes or are a pre-diabetic. Sometimes insurance companies do consider certain less risky cases, health conditions and client’s commitment to keep the disease at bay and decide to insure the client. If that does not happen, consider these alternatives only after understanding them thoroughly or running them through your financial planner.
The author can be reached at [email protected]
Before you go for a specialised insurance product, apply for a normal health plan even if you have diabetes or are a pre-diabetic. Sometimes insurance companies do consider certain less risky cases, health conditions and client’s commitment to keep the disease at bay and decide to insure the client. If that does not happen, consider these alternatives only after understanding them thoroughly or running them through your financial planner.
The author can be reached at [email protected]
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