What is Health Insurance? Best Health Insurance Plans
Good health refers to being in a condition of completely mentally, physically and social well-being but not mere absence of illness. It is possible to get health insurance coverage with the best health insurance plans. But getting a comprehensive health insurance cover may be denied for your near and dear ones on acquiring some illness. Certain medical emergencies are difficult to foresee or prevent.
Health insurance is a type of insurance that covers all the medical expenses that arise due to an illness. These expenses include hospitalisation costs, medicines costs or doctor consultation charges. Most of the Health insurance plans in India cover medical expenses that arise due to illnesses, accidents and include most medical or surgical treatments to restore good health. In short, health insurance help reduce fears, facilitate better care, offer timely intervention for those affected and allow them to more and more focus on recovery.
Types of Health Insurance in India
Type of Health Insurance
Individual Health Insurance
Family Health Insurance
Entire Family- Self, Spouse, Children, and Parents
Critical Illness Insurance
Used for funding expensive treatments
Senior Citizen Health Insurance
Citizens of age 65 and above
Top Up Health Insurance
This insurance plan is beneficial when the sum insured of the existing policy gets exhausted.
Hospital Daily Cash
Daily hospital expenses
Personal Accident Insurance
It can be used in case of any loss or damage to the owner or driver.
Group Health Insurance
For a group of employees
Disease-Specific (M-Care, Corona Kavach, etc.)
Suitable for those who are suffering from pandemic-manifested conditions or prone to one.
Various Health Insurance companies provide various health insurance plans to meet customers’ needs and provides hassle-free in-house claim settlements. Health Insurance has a number of benefits-
Cashless Facility from Network Hospitals
Lifetime Renewability Benefit
Coverage against medical expenses
Coverage against critical illnesses
Financial Security against Rising Medical Costs
How Can You Get an Individual Health Insurance Cover at Less Premium?
With rising prices of necessities, it would become difficult for you to spend a lot of money on policy premiums. The following tips would help you stay covered at a lesser premium and will help to reduce your expenses on insurance plans:
Purchase policies for your parents before they turn 60 years
Best Health Insurance Plans In India
We are providing you a list of various Health Insurance provider companies. You can check and choose the Best Health Insurance Plans for Individuals and Best Health Insurance Plans for family in India.
Consider the following factors while selecting the best health insurance cover for you and your family:-
1- Maximum coverage (Look for a plan that provides maximum coverage, daycare and domiciliary treatments) 2- Eligibility (Check the eligibility criteria for various health insurance plans and select policies with maximum renewal age and lifetime coverage) 3- Waiting period (The minimum period between the issuance of policy and availing of the benefits) 4- Exclusions (Buy policies with the minimum number of exclusions) 5- Premium (Choose a policy with maximum coverage at an affordable premium)