Everything you need to know about health insurance

Health insurance helps you in many more ways than just securing your health, let’s discover how!

Why Health Insurance Zaroori Hai for all?
Did you know
Health Insurance is critical to
Safeguard you and your family’s needs
Achieve long term Financial goals
Diversify your financial assets and portfolio

Heath Insurance deconstructed!

It’s best to start at the basics, so we’ve divided the health insurance journey into three parts to help you understand what to do, at the right time!

Get your health insurance queries resolved by expert

Get your health insurance queries resolved by expert

Here you can find all the health insurance queries, our expert has responded to readers of the Financial Express newspaper.

I was advised to buy a standard health insurance policy which is cheap and gives all the coverage. Should I?

The standard health insurance Arogya Sanjeevani policy was designed by Irdai and is available with all insurance companies. In this policy, maximum...

My parents are above 60 years old and have no health insurance policy now. Should I include them in my office group policy or buy a separate policy for them?

You have both the options. The advantage of a group policy is it doesn’t have any waiting period for its members. However, if your employer decides...

I am not satisfied with my private company health insurance policy and want to port it to a government company like New India Assurance. How can I do it and will the premium structure be the same?

Both private and PSU companies are regulated by Irdai. The same rules apply to both. The premium structure varies from product to product and from...

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Wondering how much coverage is enough to safeguard you and your family’s health?

Wondering how much coverage is enough to safeguard you and your family’s health?

Questions you should ask before making a financial commitment.

What am I buying?

Health Insurance is meant to protect your family’s financial future against uncertainty. It not only gives you a risk cover, but also empowers you...

How much cover do I need?

Your cover is the extent of protection that your loved ones will receive, simply put it’s the funds that your family will need to maintain their...

What do I need to pay and for how long?

You will need to pay premiums, the amount that you invest for your policy, regularly for a specific time period known as the ‘Pay term’ which...

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Immediately check, to avoid surprises in the future!

Immediately check, to avoid surprises in the future!

What are the things I need to check immediately after receiving my policy?

Is my policy as per my expectations?

To ensure that you have received the policy that you expected, it is advisable to immediately review your policy document. Check for some key...

Are my personal details & nominee details accurate?

Accuracy makes for easy claim. Your policy document contains all your personal information, bank details, contact details and nominee details so do...

Have I informed my nominees about the policy and stored the documents safely?

In case of an unforeseen circumstance, your family deserves utmost ease. Store your documents in a safe and accessible place and ensure that your...

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After Buying Policy

After Buying Policy

What are the things I should keep in mind as a policy holder?

How can I ensure that I get maximum benefit from my policy?

Insurance benefits you only in the long-term. It is also important that you pay premiums regularly to enjoy benefits. Missing a payment may leave...

What do I do in case of loss or lapse of my policy?

If you lose your policy document, report it to the insurance company immediately. You can get a duplicate policy by complying with the formalities....

What’s the best way to maintain my policy?

As a policy holder, you should know the following: Your contact details must be updated with the insurer so that you can be reached for any...

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What you should keep in mind during your health insurance buying process?

Read and discover for yourself!

Mar 16 2020

Health Insurance Claims Process—Explained

Health insurance policies are primarily about securing financial coverage towards medical aid for yourself and your family. It is a smart and prudent way to prepare for unforeseen medical events. Health insurance not only protects your finances but more importantly, gives you access to quality healthcare when you need it the most. However, despite a range of benefits offered, people find the health insurance claim-process tiresome, giving the...

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Jan 03 2021

Understanding Health Insurance Eligibility

The urban lifestyle is majorly characterized by irregular sleeping patterns and unwise eating habits. Such a sedentary mode of living has made us prone to frequent illnesses. The purchase of well-rounded medical insurance can cover us against repetitive visits to the hospital. An individual health insurance policy is a necessity owing to the surge in healthcare costs. With the option to pay a health insurance premium in installments, one can...

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Mar 17 2020

Steps to Make Cashless Claims towards Health Insurance

Unforeseen medical events are uncertain, and you never know when you’ll meet any of them. The prudent way of facing such circumstances is to get a suitable health insurance policy that helps you obtain financial coverage towards medical aid. A mediclaim backup gives you financial assurance. If you ignore it, you may suffer from a severe financial crunch. However, if the health insurance claim process is tiresome, the insured members lose...

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Expert advice from financial gurus!

Read and discover what industry experts have to say about the different aspects and benefits of health insurance.

Insurance comes before investment. It is the first step in financial planning journey.

Harsh Roongta

Harsh Roongta
CEO - Fee Only Investment Advisers LLP

Protection is the most important aspect of financial planning; even Maslow agrees to that.

Deepak Yohannan

Deepak Yohannan
CEO - MyInsuranceClub.com

Buying adequate health and life insurance cover are a must. Calculate the liability towards your long-term goals, and then decide the amount of cover you need appropriately in terms of insurance, in addition to investments.

Amol Joshi

Amol Joshi
Founder, PlanRupee Investment Services

Looking to purchase health insurance? Here are some plans for you:

If you want to be doubly sure, here are some terms and answers to commonly asked questions!