The Indian health insurance industry since the last year has been bringing out various customer-centric initiatives, to benefit policyholders and insurers. Another such initiative being an add-on cover that you can buy with your base policy. After doing this, you will not be needed to pay any premium for the second year, given the first year of the policy goes claim-free. The company claims it to be the first-of-its-kind feature to be introduced by any insurance company in India.
For instance, the ‘Health 241’ add-on by Edelweiss General Insurance has this feature for its health insurance policy. If this add-on is bought along with the Edelweiss Health Insurance Policy, and the first year goes claim free, the policyholder is covered for free in the second year.
