Jeevan Arogya Vs Mediclaim: Know The Difference!

When we talk about health insurance, mediclaim automatically pops up. People often get confused between health insurance and mediclaim and think that both of these are the same. Well, they are on some level but there is also a difference between these two.

In this article, you will read all about Jeevan Arogya’s health plan and Mediclaim and understand the difference between these two. It is important to understand the difference so that you can pick out the policy that suits your needs as well as that of your family.

When we think about medical emergencies, we automatically think about having a mediclaim or health insurance. Let us evaluate them better.

What Is Jeevan Aroygya?

When health insurance comes to your mind, LIC’s Jeevan Arogya plan is worth giving a shot. A plan launched by the Life Insurance Corporation of India, Jeevan Arogya is a unique, non-linked health insurance plan. It provides health insurance coverage against specific health risks and offers timely support in case of any medical emergency covered under the plan. This plan helps you and your family to have financial security in difficult times.

What Is A Mediclaim?

Mediclaim insurance is a type of health insurance policy that provides specified financial coverage against health-related expenses at the time of medical emergency. There are 2 types of mediclaims:

• Cashless: you don’t have to pay anything during the time of emergency from your pocket. The insurance company will take care of your medical expenses.
• Reimbursement: in this case, you have to pay for the treatment yourself at the time of emergency and later you are reimbursed by your insurance company according to the limit of the policy you procured.

Benefits Of Jeevan Arogya And Mediclaim

Here are some benefits of both Jeevan Arogya and mediclaim that will help you understand the policy.

Difference Between Jeevan Arogya And Mediclaim

Finally

Before buying a mediclaim or Jeevan Arogya plan, the first thing you need to do is analyze your expectations with what the policies are offering. Simply put, mediclaim and health insurance are 2 instruments of mitigating health-related risks. Both exist to fulfill the insurance needs of the buyers, so it is up to you what plan you opt for.