Riders Vs. Add on Covers: A Comprehensive Guide

When you are buying health insurance, there are so many aspects that your policy would not cover. Say, for example, consumable items, critical illness, accidents, maternity and much more. But, you can get them covered by including riders and add-ons.

What are these?

Technically speaking, riders and add-ons, both work similarly with your health insurance policy. It enhances your base health insurance policy by giving additional coverage. But, both are different in their own ways. Let me tell you how.

The definition is quite similar, right? Check out the section below to know the difference between the two.

Key Takeaways

Difference between add-ons and riders in health insurance

Types of Health Insurance Riders

• Critical illness rider- Provides coverage in case, the policyholder is diagnosed with a critical illness like cancer, kidney failure etc.
• Personal accident rider- Gives extra financial benefits, in case of accidental death or disability.
• PED coverage from day 1 rider- If you are suffering from any pre-existing disease like hypertension, diabetes, thyroid, etc. this rider will benefit you by giving coverage from day 1.
• Room rent waiver rider- This rider will help you in waiving off the room rent for better rooms than your base health plan covers. This means if you want to choose a better room for accommodation during hospitalisation, then you can do so without any extra cost.
• Maternity rider- A perfect rider if you are planning a family. This rider will give you coverage during the most beautiful time of life when you are embracing a new life. It will cover right from day one of your pregnancy to the post-natal care.
• OPD riders- This rider allows you to opt for OPD treatments, like doctor consultations, diagnostic processes, pharmacy, etc.
• Hospital daily cash rider- As the name suggests, it will provide you with the daily cash during hospitalisation. It will help you pay for the cost of transportation, food, consumable items, surgical accessories, and other procedures that might not be covered by a basic health plan.

For more details on health insurance riders, read here.

Types of Add-ons in Health Insurance

• Inflation shiels- It will protect you against inflation in the country by multiplying your sum insured every year.
• Consumables cover- Usually, a basic health insurance plan does not cover consumables like gloves, syringes, clothes, etc. These items are used during the hospitalisation but are not part of medical services. A policy like the Star Extra Protect add-on covers these items.
• No-claim bonus safeguard- This add-on by Aditya Birla Health Insurance makes sure that there should be no impact or reduction on any no-claim bonus accrued at the renewal.
• Home care treatment- This add-on gives coverage for domiciliary treatment. With this add-on cover, you can avoid unnecessary trips to the hospital and get required treatments at home.

To know more about add-ons in health insurance, click here.

Choose your coverage wisely!

Chronic diseases are on the rise nowadays. Having an additional coverage can help you in the difficult times. However, by understanding the difference between riders and add-on covers, you can make informed decisions when customizing your health insurance plan. Riders in health insurance offer a tightly integrated way to expand your base policy’s coverage, while add-on covers provide more flexibility in terms of purchase and plan association. Whether you choose riders, add-ons, or a combination of both, remember to carefully review the terms and conditions to ensure they align with your specific needs and budget. With the right enhancements, your health insurance policy can provide comprehensive protection for you and your loved ones.

I hope after reading this information about riders vs add-ons health insurance has solved all your queries. To know more about such information, visit PolicyX.com.

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