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Importance of Mediclaim Policies

Importance of Mediclaim Policies

 

Discontinuing Mediclaim policies after passing middle age would be unwise as medical uncertainties can arise any time

 

While medical uncertainty may arise at any time, one is especially vulnerable after middle age. You should in fact hold on to the policies because your no-claim record of 7 years would be extremely hard to replicate. By this time, you must have already finished waiting periods to cover pre- existing illnesses. You must be receiving loyalty additions and no claim bonuses which further add on to your coverage too. Continue with the policies. Hopefully you will never have to make a claim. But the policies ensure that in case of need you will be able to take proper medical treatment without worrying about expenses.

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