An ambulance insurance cover provides financial compensation against ambulance expenses incurred during a medical emergency with an insured individual.
Nowadays, most health insurers provide ambulance coverage in their regular health insurance policies, with an upper cap. This upper cap is mostly a certain percentage of the sum insured in health insurance.
Let us take an example for better understanding:
Suppose you have health insurance with a Sum Insured of 5 lacs. It provides an ambulance cover of 1% of the sum insured, i.e., Rs. 5000. Now, in an unfortunate incident, you had to book an ambulance that cost you Rs. 6000. In this case, the insurance provider would cover Rs. 5000 in your ambulance expense and the remaining Rs.1000 you would need to pay from your side.
Some insurance providers do not provide ambulance cover as part of their policy but cover it under an Add-On that can be separately purchased and accordingly paid for.
At Digit, we cover Road Ambulance expenses as a policy feature under our health plans. The coverage is usually 1% of the Sum Insured, with an upper cap, depending on your policy.