Looking for the best health insurance policy can be a daunting task. There are so many options, and it can be difficult to know which one is right for you. Finding the best health insurance policy does not have to be complicated. This guide by Cover360 will help you find the best health insurance policy in India for your needs in 2022.
How Does Health Insurance Help You?
Health insurance is considered a financial instrument that helps you keep up with the rising medical costs. Health insurance can be used for paying for your hospitalisation bills, doctor’s consultation fees, surgeries, and other treatments. There are different types of health insurance policies available in India that offer various levels of coverage. Before buying, one should always compare different health insurance policies to get the best possible deal.
Best Health Insurance Policy Guide India 2022
The best way to find the right health insurance policy for you is to read up on a few facts about health insurance policies and speak with experts who can help you make the right decision. Here are some things to keep in mind when choosing a health insurance policy:
- Sum Insured
One of the most important things to consider when choosing a health insurance policy is the sum insured. This is the amount that you will be covered for in the event of an accident or illness. Choosing a high-sum insured policy is important so that you are not left with large medical bills.
- Policy Exclusions
Another essential thing to consider when comparing a health insurance policy is the exclusions. This is the list of things that your policy will not cover. Make sure to read all the policy’s exclusions carefully so that you are not caught off guard if you need to make a claim.
- Add-Ons
These optional features can make your policy more comprehensive and cover more issues. Some of the most common add-ons to health insurance policies include maternity benefits, critical illness coverage, and personal accident cover. Choosing a policy with these add-ons can give you more peace of mind and help ensure that you are fully protected.
- The Family Floater Plan
This health insurance policy covers the entire family under one sum insured. This can be a good option if you have a large family or if you want to save money on premiums.
- Claim Settlement Ratio
This is the percentage of claims that an insurance company pays out. A high claim settlement ratio indicates that the company is more likely to pay out on claims.
- Customer Reviews
Reading reviews is a good way to get an idea of what other people have experienced with an insurance company. You can read reviews online or speak to friends and family who have used the company in the past.
- Sub-Limit
Some policies may also have sub-limits, which are the maximum amount that can be claimed for certain procedures or conditions. These limits can vary from policy to policy, so choosing the best health insurance policy that suits your needs is important.
- Network Hospitals
Every health insurance policy provider has a list of participating hospitals that they work with. If you choose a policy from one of these companies, you will be able to get preferential rates when you visit one of their network hospitals.
In addition to these factors, it is always a good idea to read the fine print of any policy you are considering and speak with an expert before making a final decision. With the right health plan, you can rest assured that your health and wellbeing are covered.
Best Health Insurance Policies in India 2022
- Religare Care Health Insurance Plan
- Max Bupa Health Companion Individual Plan
- Star Family Health Optima
- Apollo Munich Optima Restore Family Health Insurance Plan
- HDFC ERGO Health Suraksha
- Bajaj Allianz Family Floater Health-Guard
- Manipal Cigna ProHealth Plus health insurance plan
- Active Assure Diamond Plan by Aditya Birla
- Happy Family Floater Policy by Oriental Insurance
- SBI LifeSmart Health Insurance Plan
Conclusion
When it comes to choosing the best health insurance policy, there are many factors to consider. Cover360 provides you with the best guide to finding the right policy for your needs. Whether you are looking for a family floater plan or want to take advantage of add-ons, we can help you find the perfect policy. Contact us today to learn more.