Startup Suvidha Center



Health Insurance

Startuo Suvidha Center provides a variety of Health Insurance Plans like covid 19 insurance policy that offer financial protection to meet health-related emergencies. Due to shifting lifestyles, health issues have not just increased, they have increasingly become more complicated. It becomes important therefore to have a health insurance plan in place, thus your financial plan is half-done if you have not valued health. It covers medical expenses when the policyholders are hospitalized. it also covers cashless hospitalization facility at network hospitals during policy terms.

Need For Health Insurance

Medicare or medical costs are rising year on year. Inflation in medicare is higher than inflation in food and other articles. While inflation in food and clothing is in single digits, medicare costs usually escalate in double digits.

For an individual who hasn’t saved that much money, arranging for funds at the eleventh hour can be a task. This is particularly daunting for seniors, given that most ailments strike at an advanced age.

One way to provide for health-related / medical emergencies is by taking health insurance. Health insurance offers considerable flexibility in terms of disease/ailment coverage. For instance, certain health insurance plans cover as many as 30 critical illnesses and over 80 surgical procedures. The insurance plan disburses the payment towards surgery/illness regardless of actual medical expenses. The policy continues even after the benefit payment on selected illnesses.

With health insurance, you are assured of a more secure future both health-wise and money-wise. This makes health insurance policies critical for individuals, especially if they are responsible for the financial well-being of the family.

Benefits Of Having A Health Insurance Policy

 Cashless Treatment : If you are insured, you can get cashless treatments as your insurance company would work in collaboration with various hospital networks.

 Pre and post hospitalization cost coverage : Insurance policy also covers pre and post-hospitalization charges up to the period of 60 days, depending on the insurance plans purchased.

 Transportation Charges : Insurance policy also covers the amount paid to ambulance towards the transportation of insured.

 No Claim Bonus (NCB) : This is the bonus element which is paid to the insured if the insured does not file a claim for any treatment in the previous year.

 Medical Checkup : Insurance policy also provide options for health checkups. Free health checkup is also provided by some insurers based on your previous NCBs.

 Room Rent : Insurance policy also covers room expenses depending on the premium being paid by the insured.

 Tax Benefit : Premium paid on Health insurance is tax-deductible under section 80D of the Income Tax Act.

Travel Insurance

Traveling is an exciting experience. However, no matter how precisely we plan our trip, things tend to go wrong sometime. Travel Insurance offers coverage against lost passport, lost checked-in baggage, trip delays and travel-related risks while you are in a foreign country, like an accident abroad, loss of travel documents and many more . Travel insurance can’t prevent travel trouble, but it can address the financial impacts of many common problems. Policies are sold for single trips or defined time-frames, typically one year, with the option to renew indefinitely.

What Does Travel Insurance Cover?

Canceled Trips

Trip Cancellation Coverage reimburses you for pre-paid, non-refundable expenses if you need to cancel your trip before you depart.

Insurance companies provide a list of covered reasons for trip cancellation, an overview of typically covered reasons is below.

Covered reasons to cancel your trip:

 Sickness, injury, or death of you, a family member, or a traveling companion
 Hurricane damages your destination or cancels your flight
 Laid off from work or required to work
 Terrorist incident in your destination city
 The bankruptcy of your travel supplier
 Called for jury duty
This is only a partial list, but you can see it covers very common situations for canceling.

Medical Emergencies Abroad

Medical Expense Coverage will cover you for accidents and emergency medical and dental care when you travel abroad.

Even if you are covered for basic emergency care overseas (again, a big IF), your current health insurance provider will almost certainly NOT pay to evacuate you and repatriate you back

Emergency Evacuations

Emergency Evacuation Coverage will pay for emergency evacuation expenses such as airlifts and medically equipped flights back home and oftentimes will transport you to the hospital of your choice for care. Evacuation expenses can be devastating.

Lost Bags, Delayed Bags, Delayed Flights

These coverage are for the “smaller things” that are nice to have. Again, the list is not complete but it will give you an idea of some additional coverages :

 Baggage Coverage can reimburse you for your personal belongings if your luggage is lost, stolen or damaged.
 Baggage Delay Coverage provides money to buy essential items until your delayed bags arrive, such as a toiletry kit, a swimsuit, or another change of clothes.
 Travel Delay Coverage provides reimbursement for additional expenses if your flight is delayed, such as an extra night in a hotel or a meal at a restaurant.

Additional Coverage With Travel Insurance

Travel insurance can also provide coverage for:

 Life Insurance coverage for accidental death or dismemberment.
 Hazardous Sports extends medical coverage to cover activities like SCUBA.
 Rental Car Collision replaces your personal insurance or the rental company policy.
 Identity Theft provides services to help in the event of identity theft while traveling.
Travel insurance covers cancellations, medical expenses, evacuations, losses or delays, and 24/7 assistance