Mankad and Associates Insurance Broking Private Limited

Andheri East, Mumbai, Maharashtra

A medical emergency can drain a person both financially and emotionally. A health insurance policy can ensure reimbursement of expenses or cashless treatment when you or your dear ones fall ill. It covers pre- and post-hospitalisation costs.
An insured should be hospitalised for a minimum 24 hours to avail Mediclaim benefit. This time limit will not applicable for Day care procedures that requires less than 24 hours hospitalisation as per policy conditions.

Why Health Insurance

• Tax benefit under section 80D of the IT act
• Cover offered by your employer may be insufficient
• Medical treatment costs can drain your finances
• Cashless hospitalisation

Types of Policies

• Individual health insurance
• Family floater health insurance
• Senior citizen health insurance
• Top up health insurance

Major ExclusionsAny medical expenses incurred for or arising out of the following is not covered:

• War, invasion, act of foreign enemy
• Pre-existing diseases
• Diseases or injuries incurred during first 30 days from the time the insurance is effective, except in case of accidental injury.

 Please refer to the policy document for complete scope of cover and list of exclusions and other terms and conditions under the policy.

Marine cargo insurance is an important risk mitigation tool available to manufacturers, traders, exporters and importers who move goods within the country or overseas. It affords protection to the owner of the goods against loss or damage to the cargo. Such loss or damage could arise due to an accident, damage during loading and discharging, sinking of the vessel etc.

Another option is going for an All Risk Marine Cargo Policy that provides comprehensive coverage with some general exclusions such as losses arising from the inherent nature of the commodity or packing. It is also possible to develop special covers for a particular commodity and the peculiar risks associated with it.

How to lodge a claim

• Immediate intimation to the insurance company or survey agents mentioned in the insurance policy / certificate
• Do not give a clean receipt when goods are received in unsound condition
• Give a notice in writing to the carrier or other bailees within three days, if loss or damage was not apparent at the time of accepting delivery
• Call for joint survey by carrier and / or other bailees representatives
• Take photographs of the consignment including damaged goods or packing
• Segregate sound goods from the damaged goods to prevent further aggravation of damage
• In case of road transport, obtain original certificate of facts from the carrier
• Cooperate with the surveyors in providing required documents and information on salvage process etc.
• Act as prudent uninsured