Discover and read the best of Twitter Threads about #CompanyCoverNotEnough
Most recents (1)
Real-life claim
The customer suffered deductions of 48K on a 1 L claim in an employer policy
1.07 L Bill 👉🏻 45K deduction 👉🏻 56K claim received
Reason:
1. Room Rent limit of Rs. 1800 for a hospital in Thane (4Km away from Mumbai limits)
2. 20% Copay
#CompanyCoverNotEnough
The customer suffered deductions of 48K on a 1 L claim in an employer policy
1.07 L Bill 👉🏻 45K deduction 👉🏻 56K claim received
Reason:
1. Room Rent limit of Rs. 1800 for a hospital in Thane (4Km away from Mumbai limits)
2. 20% Copay
#CompanyCoverNotEnough
That's precisely the reason why @BeshakIN we recommend people should never solely depend on employer insurance.
a. You are not in control of the terms.
b. It's linked to your employment.
c. It can become super difficult to get a comprehensive cover once you have an illness.
a. You are not in control of the terms.
b. It's linked to your employment.
c. It can become super difficult to get a comprehensive cover once you have an illness.
For people who work in fancy startups with fancy policies today that have zero limits, and conditions, please note that all policies start fancy because the founder wants to give everything, and the insurer is also excited
Only till losses creep in after a few years.
Only till losses creep in after a few years.
