IFFCO Tokio Insurance, spearheaded by US
Awasthi, is one of the most recognized names among general insurance
companies in India especially in terms of health insurance plans.
The health insurance plans offered by the company are not only comprehensive but also have lifelong renewability. In addition to these, there are various other advantages of purchasing a health insurance plan with IFFCO Tokio, a few of which include -
Huge
network of affiliated hospitals
To aid its customers in availing easy and
convenient healthcare services in India, IFFCO Tokio maintains a network of
more than 3000 affiliated hospitals. The facility for cashless treatment at any
of these network hospitals is another benefit that policyholders can avail of.
This will enable them to receive free medical treatment upon admission, while
the company takes care of the bills, on their behalf.
Full
reimbursement of applicable claim amount offered
IFFCO Tokio is also one of the few
insurance companies that offer complete reimbursement of the claim amount, up
to the maximum sum insured. This helps ascertain better financial coverage of
medical exigencies faced by the policyholders.
Auto
renewal of Sum insured available
One of the biggest advantages that policy
buyers have on purchasing a health insurance policy with IFFCO Tokio is the
automatic reinstatement of the sum insured. This feature recharges the amount
of sum insured, when policyholders run out of it. It proves beneficial,
especially in case of family floaters.
Simple
and easy procedures
The procedures for purchasing and renewing health
insurance plans, with IFFCO Tokio are pretty simple and easy too. Customers can
purchase polices through an agent, broker, company website or website of
partner companies. These procedures also do not include any third party
administrator involvement which makes them more convenient in comparison to
those of other firms.
Prompt
claim settlement
IFFCO Tokio is popularly recognized as a
leader in claim services. Not only is its claim settlement processes
hassle-free and short, the company but also holds a high claim settlement ratio
of 91.94%. This means that the company is known for settling most of the claims
that it receives for reimbursement and quickly too.
Apart from the above, IFFCO Tokio health
insurance plans also come with a shorter waiting period in comparison to other
insurance firms. To ensure the operational efficiency of its agencies and customer
satisfaction, under the guidance of Director, Dr. U S Awasthi, this insurance
company also holds bi-annual surveys.
