Zero Waiting Period Health Insurance Explained: Instant Benefits For Policyholders


When we talk about ‘Health Insurance’ encompasses a wide range of coverage options. There are alternatives available, ranging from individual plans customised to personal requirements to family insurance and employer-sponsored group coverage. When you think of improving your financial health, the first step would be determining which health insurance is meeting your needs appropriately.

In India, a multitude of health insurance policies are now available for individuals of different age groups, ranging from basic hospitalisation coverage to complete policies that include extra benefits such as preventative medical care and death benefits. A health insurance plan might result in tax savings of up to INR 75,000. 

The zero waiting period health insurance plans by ACKO have a network of 14300+ cashless hospitals and 100% of your hospital bill also gets covered for approved claims. So, for hassle-free, comprehensive insurance from a company that genuinely cares about your wellbeing, go with ACKO. Purchase a health insurance plan right away to get the peace of mind you deserve. 

What is Meant by Waiting Period in Health Insurance?

The waiting period in health insurance refers to the time during which you cannot file a claim. There are many types of waiting periods that apply when you purchase the plan. 

It is crucial to know that when your insurance is still active, you can file claims for events such as accidents. There is zero days of waiting period for accidental hospitalisation.

For example: Most health insurance companies will require you to wait 2 to 3 years before you can receive your maternity benefits. It implies you must hold your coverage for at least 2-3 years (or the term as per your health insurance policy) in order to get maternity benefits.

Following is a list of various health conditions and their respective waiting periods:

  • Initial waiting period: 0 to 30 days

  • Maternity cover: 9 months to 3 years

  • Pre-existing diseases (hypertension, diabetes, thyroid, etc.): 1-3 years

  • Bariatric surgery, Psychiatric health conditions, Specific diseases/illnesses: 1-2 years

  • New born baby inclusion: 9 months to 3 years

  • COVID-19 coverage: 30 days

Benefits of ACKO Platinum Health Plan with Zero Waiting Period

With ACKO Platinum Health Plans, you get coverage from Day 01 under 1 Crore Health Insurance plan and Unlimited Platinum Health Insurance Plan.

The condition provided is that you disclose all the pre-existing conditions. Here are the details about the benefits:

Your coverage starts on the first day of your ACKO Platinum Health Plan. There are no waiting periods involved. For example, no initial or pre-existing illness waiting periods are applied.

Note that you can access this benefit only by disclosing all pre-existing conditions. Claims for undisclosed conditions may be denied.

With zero deduction, you get the benefit of full claim amount including coverage for non-medical expenses (which are generally deducted from the claim amount). 

You can choose a hospital room of your choice without getting worried about its overall effect on the final hospital bill.

Final Words

When you are aware of the nuances of health insurance plans and benefits associated with them, you are in a position to make a well-informed choice. You may safeguard your and your family’s well-being and financial security by selecting the best plan, which will also provide you great help if anything unpleasant or unfortunate happens to you or an insured loved one.

After having sound knowledge of the waiting period in health insurance, you are able to choose a plan that suits your requirements. However, if you are investing in a health insurance plan at an early stage of your life, there is no need to worry or feel a burden about the waiting period in medical insurance.

Zero waiting period health insurance plans are ideal for coverage from day 1, under which benefits include a large sum insured, no claim deductions, no room rent limits, and much more. You can take advantage of ACKO’s INR 1 Crore Platinum Health Plan with zero waiting period and zero deductions at claims for optimum coverage. 

The Rs. 1 Crore ACKO Platinum Health Insurance plan covers  unpredictable injuries and disclosed illnesses from day 1 with zero waiting period. However, as an exclusion, undisclosed pre-existing diseases will not be covered.  ACKO will cover a pre-existing disease only if you disclose it at the time of buying the 1 Crore plan. 

However, if it is discovered that you did not disclose any known pre-existing diseases at the time of buying the policy, the claim may get rejected.



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