Health Insurance Cover for Individuals

The importance of Health Insurance is undisputed.  It gives one respite during times of emergency. Some of the benefits of health insurance which can’t be ignored are cashless treatment, Pre and post hospitalization cost coverage, No Claim Bonus and Tax benefit among others. However, with a number of insurance companies in India having their own health insurance policies choosing the right one could be a tricky task. Consumer VOICE has therefore analysed top 6 health insurance policies on certain parameters for you to select the best one.

Health Insurance Policies Compared:

Manipal Cigna- Pro Health-Protect, ICICI Lombard-Complete Health, Religare Health Care, Bajaj Allianz- Health Guard-Gold, Star Health-Mediclassic-Gold, The Oriental Insurance-Mediclaim

Why is health insurance very important?
In today’s time buying a health insurance policy for yourself and your family is extremely important. Medical care is very expensive, especially in the private sector. Hospitalisation can burn a hole in your pocket and ruin your finances for a lifetime. So a health insurance policy will lessen your stress in case of medical emergencies
What are the benefits of health insurance?
Cashless treatment, pre and post hospitalization, no claim bonus, medical checkup are some of the benefits of health insurance.
How to select the right health insurance policy?
With several health insurance policies in the market, selecting the right one is very crucial.   Some of the important points that any Person should look before purchasing any plans are Sum Assured, Minimum Entry Age and renewability clause, Room Rent Capping, Inclusion and Exclusion.
Are there tax benefits for health insurance policies?
The amount you pay towards health insurance premium claimed as a tax-saving deduction under Section 80D.
What are the results of the analysis of health insurance plans?
To get the results of the analysis of the top health insurance plans, get your copy of the February 2020 digital magazine today!