A 50 lakh health insurance policy comes with a ₹50 lakh amount insured, which means it covers health expenses up to ₹50 lakh. A ₹50 lakh health insurance coverage protects you and your family against the financial load of hospital bills incurred as a result of any illness, or other unfortunate circumstances. A health insurance policy, as well as the amount covered, can support you in dealing with such an sudden event without having to worry about treatment costs.
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How to choose best Health insurance plan under 50 lakhs?
When choosing a health insurance policy, it's crucial to consider several factors to ensure you get the best coverage for your needs. Here are some points to keep in mind:
Adequate Sum Insured:
The sum insured, or the maximum amount the policy will pay, should be chosen carefully, especially for those living in metropolitan areas where healthcare costs can be high. For individual policies, the sum insured should
range from 10 to 25 lakhs, and for family health insurance policies, it should be from 25 to 50 lakhs. This amount should
be sufficient to cover multiple hospitalizations in a year.
Affordability:
The higher the sum insured, the higher the premium. To lower the cost, you can opt for a co-payment clause where you share some of the healthcare expenses with the insurance company. This reduces the premium you have to
pay.
Strong Cashless Network:
When buying a health insurance policy, check the list of network hospitals that the insurance company is tied up with, and ensure the list includes hospitals near your residence. A strong cashless network means you don't
have to pay out of pocket and can make claims directly with the insurance company.
No sub-limits:
Healthcare expenses can vary based on the room type and ailment. It's wise to choose a policy that doesn't have sub-limits on hospital room rent, giving you the freedom to choose the room you prefer. Similarly, a policy
without disease sub-limits is also a good option.
Waiting Period Extent:
Health insurance policies usually have a waiting period before they come into effect. When choosing a policy, look for one with lower
waiting periods for pre-existing conditions and maternity cover.
Trusted Brand:
Choose a health insurance company with a good reputation and reliability in the market. Consider factors such as the company's customer base, claim settlement ability, and overall standing to ensure they will be able to
pay off any claims you make in the future.
Features and benefits of health insurance under 50 lakhs
Wide-ranging Health Expense Coverage
Health insurance plans should include coverage for a range of expenses including doctor and specialist fees, medical tests, ambulance charges, inpatient expenses, hospital room rent, surgery costs, and post-hospitalization
expenses. This ensures financial security during emergencies and eliminates the stress of paying for medical expenses.
Treatment without cash Options
A good insurance plan offers the benefit of cashless treatment, which means that bills are settled directly by the insurance
company if treatment is done at a network hospital. This eliminates the need for paying out-of-pocket and provides a strong network of hospitals for the policyholder.
Hospitalization Charges
Many insurance plans offer coverage for expenses incurred before and after hospitalization, usually up to 60 days, as per policy terms and conditions.
Collected Bonus
Insurance companies provide a discount on premium costs for every claim-free year, making health insurance more affordable over time.
Savings on taxes
Health insurance premiums are tax-deductible under Section 80D of the Income Tax Act, and premiums
paid for parents' health insurance can also be claimed for tax deductions.
Alternative Treatment Coverage
Health insurance plans offer coverage for the costs of alternative treatments such as Ayurveda, Siddha, Homeopathy, Yoga, Acupuncture, and others, subject to policy terms and conditions.
Home Treatment Costs Coverage
Some health insurance plans also cover treatment costs incurred at home, but it is important to check with the insurance company for any specific terms and conditions.
How To Select the Right health Insurance Plan under 50 lakhs?
Suitable coverage
A medical insurance plan that safeguards you against a broad range of medical problems, and provides benefits like pre and post hospitalization, daycare expenses, etc, is ideal to purchase. In case you are purchasing a family health insurance plan, confirm if the policy meets the needs of each member of your family. List down your requirements, evaluate plans
on benefits and costs, and then choose a plan that serves your needs.
Practically priced
While you cannot equate money with care for your health, because people want to cure themselves and their loved ones at any cost, but it is important to buy a health plan thatis affordable for you. Budget plays a vital role
when buying health insurance. However, you should check the benefits stated in the mediclaim policy before the price of it. The best tip is to buy a practically priced health cover at the beginning to ensure you are covered
properly and the premiums are also affordable. Then going forward, you can assess your plan and raise the cover as per the increase in your income, family size, and requirements.
Affordably priced
While you cannot equate money with care for your health, because people want to cure themselves and their loved ones at any cost, but it is important to buy a health plan thatis affordable for you. Budget plays a vital role
when buying health insurance. However, you should check the benefits stated in the mediclaim policy before the price of it. The best tip is to buy a practically priced health cover at the beginning to ensure you are covered
properly and the premiums are also affordable. Then going forward, you can assess your plan and raise the cover as per the increase in your income, family size, and requirements.
Type of plan
If you are single and don’t have to bear family responsibilities, it is practical to opt for individual health insurance plans.
But, if you are thinking of including your family members in your medical insurance policy, it is better to buy a family health plan to enjoy maximum benefits at a more affordable price.
Renewability for lifetime
At the time of buying a health insurance plan, make sure you check if you plan has lifetime renewability feature or not. It is practical and much more valuable to purchase a mediclaim policy which offers you the option of lifetime
renewability since you are most likely get be affected by health ailments as you age. Hence, choose health plans which offer lifetime renewability.
Network hospital coverage
When you buy a health insurance plan, it is extremely important to check their list of network hospitals. The best health insurance in India provides you with a large network hospital options. Also, check the number of network hospitals which are nearby your residence. With HDFC ERGO health insurance plans, you can choose from nearly 12,000+ cashless networks
where you can avail quick, convenient and cashless claims settlement!
Claim settlement ratio
The claim settlement ratio is the number of claims settled by the insurance provider over the total received claims. When choosing a health insurance plan, go for the insurance company that has a high claim settlement ratio.
The above points will help you gain maximum benefits when you look for a health insurance. Buying health insurance is basically an important investment that you are making to protect yourself from the financial load
of high healthcare costs. So, it is important that you invest in the right plan and with the right insurance company.
Who Needs a ₹50 Lakh Health Insurance Plan?
Healthcare expenses are extremely costly and it will further increase in the future. Treatment in the private sector has always been expensive and it will only rise with time. So, buying a health insurance for yourself and your family is necessary.
Hospitalization costs can cause a huge financial dent in your savings and make your life stressful. Further, if the only earning member of the family falls sick, it causes even more mental and financial stress. All of this can be avoided by
purchasing and paying the premium for a health insurance that will cover your medical expenses in the event of an emergency. Whether you buy a ₹50 Lakh health insurance plan or of any amount, it all depends on your health requirements.
Just like every other health insurance plan, we also cover your hospitalization expenses such as room rent, ICU, investigations, surgery, doctor consultations etc due to illnesses and injuries seamlessly.
Mental Healthcare
We believe mental healthcare is just as important as hospitalization due to physical illness or injury; hence, we cover hospitalization expenses incurred for treating mental illnesses.
Pre & Post Hospitalisation
It means all your pre-hospitalization expenses upto 60 days of admission and post-discharge expenses till 180 days get covered, like the costs for diagnostics, physiotherapy, consultations, etc.
Day Care Treatments
Medical advancements help in wrapping up important surgeries and treatments in less than 24 hours, and guess what? We cover you for that as well.
Home Healthcare
In case of hospital bed non-availability, if the Doctor approves treatment at home we cover you for that as well. So that, you get medical treatment right at the comfort of your home.
Sum Insured Rebound
This benefit acts like a magical backup, which recharges your exhausted health cover to treat the next hospitalization. Basically, we ensure uninterrupted medical coverage at the time of need.
Organ Donor Expenses
Organ donation is a noble cause and we cover the medical and surgical expenses of the organ donor while harvesting a major organ from the donor’s body.
Recovery Benefit
If you stay in a hospital for more than 10 days at a stretch, then we pay for other financial losses that might have happened due to your absence at home. It helps to take care of other expenses during your hospitalization.
AYUSH Benefits
Let your belief in alternate therapies like Ayurveda, Unani, Siddha, and Homeopathy stay intact as we cover hospitalization expenses for AYUSH treatment as well.
Free Renewal Health Check-up
Get a free health check-up within 60 days of renewing your policy with us.
Lifelong Renewability
Once you get yourself secured with, our health insurance plan there is no looking back. Our health plan continues to secure your medical expenses for your entire lifetime on break free renewals.
Multiplier Benefit
If there is no claim in the first year, in the next policy year, the sum insured will grow by 50%. It means, instead of ₹ 5 Lakh, your sum insured would now stand at ₹ 7.5 Lakh for the second year.
The above mentioned coverage may not be available in some of our Health plans. Please read the policy wordings, brochure and prospectus to know more about our health insurance plans.
Adventure Sport Injuries
Adventures can give you an adrenaline rush, but when coupled with accidents, it can be hazardous. Our health insurance plan does not cover accidents encountered while participating in adventure sports.
Self-inflicted Injuries
If you ever end up causing injury to your precious self, then unfortunately our health insurance plan will not cover for self imposed injuries.
War
War can be disastrous and unfortunate. However, our health insurance plan does not cover any claim that is caused due to wars.
Participation in Defence Operations
Our health insurance plan does not cover accidental injury while you are participating in defence (Army/Navy/Air Force) operations.
Venereal or Sexually Transmitted Diseases
We do understand the criticality of your disease. However, our health insurance plan does not cover venereal or sexually transmitted diseases.
Treatment of Obesity or Cosmetic Surgery
Treatment of obesity or cosmetic surgery is not eligible for coverage under your health insurance plan.
3 Sum Insured Rebound
This benefit acts like a magical backup, which recharges your exhausted health cover to treat the next hospitalization of a new illness or injury.
Cashless Home Health care**
If your Doctor recommends, you can get yourself treated at home and avail cashless medical facilities with utmost ease. This service is now available in 16 cities.
Hospitalization Expenses
Just like every other health insurance plan, we cover you for your medical hospitalization due to illnesses and injuries seamlessly.
Pre & Post Hospitalisation
It means all your pre-hospitalization expenses upto 60 days of admission and post-discharge expenses till 180 days get covered, like the costs for diagnostics, consultations, etc.
Daycare Procedures
Medical advancements help in wrapping up important surgeries and treatments in less than 24 hours, and guess what? We cover you for that as well.
AYUSH Benefits
Let your belief in alternate therapies like Ayurveda, Unani, Siddha, and Homeopathy stay intact as we cover hospitalization expenses for AYUSH treatment as well.
Organ Donor Expenses
Organ donation is a noble cause and we cover the medical and surgical expenses of the organ donor while harvesting a major organ from the donor’s body.
Recovery Benefit
If you stay in a hospital for more than 10 days at a stretch, then we pay for other financial losses that might have happened due to your absence at home. It helps to take care of other expenses during your hospitalization.
Mental Healthcare
We believe mental healthcare is just as important as hospitalization due to physical illness or injury; hence, we cover hospitalization expenses incurred for treating mental illnesses.
Free Renewal Health Check-up
Get a free health check-up within 60 days of renewing your policy with us.
Lifetime Renewability
Once you get yourself secured with, our health insurance plan there is no looking back. Our health plan continues to secure your medical expenses for your entire lifetime on break free renewals.
The above mentioned coverage may not be available in some of our Health plans. Please read the policy wordings, brochure and prospectus to know more about our health insurance plans.
Eligibility for health insurance plan under 50 lakhs from HDFC ERGO
For most health insurance companies the age limit is 65 years. After that age, it is a bit difficult to get a health insurance plan because the more you age, you are more prone to health risks and that increases the risks for health insurance
companies as well. For the eligibility criteria for buying health insurance plans, below are two of the most factors that decide it:
Medical records
You need to completely honest while buying a health insurance policy. Pre-existing illnesses, if any, need to be stated clearly. These do not mean common diseases like fever, flu, or headaches. But, if in past you have ever been diagnosed
with any disease, birth defects, undergone surgery, or cancer of any severity it is important to inform your medical insurance company. These need to be declared because many ailments are listed under permanent exclusion, few are covered
with a waiting period and few others are covered by charging additional premium with a waiting period.
Age
Any person who is 18 years or above can easily buy a health insurance plan. Health insurance plans also cover newborn babies but the parent needs to have a health insurance policy with the insurance company. Senior citizens can get themselves
insured upto the age of 65 years.
Who is this plan suited for?
In this current economic situation, and the rate at which medical inflation is increasing sharply, it is safe to say that health insurance has become a necessity. This protects you and your loved ones during health emergencies, while also helping
you plan your finances better. Now, the amount of health insurance you opt for depends on your health requirements and how much you can afford. For example, a young professional may opt for a health insurance plan for 20 lakhs. But for a middle-aged
person having two kids and dependent parents, a 25 lakh or 50 lakh health insurance is a better option. However, due to a sudden rise in critical illnesses such as cancer, tumours, cardiac arrests and so on, having a lumpsum amount like 50
lakh health insurance or above is the need of the hour.
How this plan works
Firstly, you buy a health insurance of your choice. Usually, your medical insurance is offered on yearly basis and it has to be renewed each year after expiry. Now, during a policy year, in the event of hospitalization of an insured person,
it’s obvious that you will make a claim for your healthcare expenses. Now, the insurance company, in case of a claim, first checks whether the treatment that is required by the insured is covered under the insurance policy.
The next step is that the insurer finds out the hospital where the insured is getting his treatment is in its network or not. If you choose a network hospital to get treated, then you’re eligible for a cashless hospitalization and the
TPA (Third Party Administrators) are the ones responsible for settling your hospitalization bills.
TPA will verify the details of your medical insurance policy and if it has a deductible clause or if the total amount of your bills exceeds the amount of your sum insured, you just have to pay the balance. And if no such clause applies, you
need not worry about anything.
Now, in case, you wish to get treated at a non-network hospital, you have to pay to hospital first, but do remember to collect all your medical bills that also includes pre & post hospitalization bills. These bills need to be submitted
to your insurer. Again, the TPA will check the clauses of your policy and calculate the total amount to be reimbursed after deducting the co-pay amount (if any) or the amount that exceeds your insurance coverage. The balance or the entire
amount of your bills - whichever is applicable, will be directly reimbursed by the insurance company.
Other Factors Which Can Affect the Premium
Pre-existing illness
Medical history is a key factor that affects your insurance premium. While buying a health insurance policy it is absolutely compulsory to submit your health records. If you have had certain health issues in the past then the insurance
company can either choose to allow it in or decide not to allow it in their policies. If the insurance company does not bear the cover of a certain disease then the policy holder usually bears the cost. This eventually increases or
affects the amount for premium.
Family health history
Genetics do play a role in shaping up your personality and over all life structure. Even your physical and emotional health is greatly affected by your family history. In case your family history records illnesses like heart disease, diabetes
or cancer then insurance companies assume that the probability of you contracting these diseases are also pretty high. In that case the size or amount of your premium is going to be higher than the amount that you needed to pay in
case your family would not have any such problem.
Age -
One of the most vital factors that can affect your health insurance premium is your age. It is a matter of common sense that a younger person runs lower health risk in comparison to a person who is older. Eg: A 22-year-old woman falling
sick because of a heart condition is certainly less likely than a man of 65 years. However there may be exceptions. However, the general rule stays that people who are younger have lower chances of falling sick or visit doctors. Hence
health insurance premium payable for a younger person is lesser than an older man.
Profession
Your choice of profession can also affect your health insurance premium. People working in profession which expose them to hazardous environment like constructions, radiation, substances are at high risk of falling prey to various diseases
like cardiovascular and various other life threatening diseases.
Documents required for buying a 50 Lakhs health Insurance Policy Online:
Not just for a 50 lakh health insurance, but in general, when buying a mediclaim policy, the following documents need to be kept handy.
Age proof - You need to provide the age proof of all the members to be insured under the health insurance policy that you have chosen. A copy of any of the following documents is valid:
Voter ID Card
Pan Card
Aadhaar Card
Driving License
Passport
Birth certificate
10th or 12th mark sheet
Address Proof – There are various communications that the health insurance company will need to send to your postal address and they also need it for their records. Following documents for address proof can be submitted:
Ration card
Driving license
Passport
Rent agreement if applicable
PAN Card
Aadhaar Card
Utility bills like electricity bill or telephone bill
Voter’s ID
Passport-size photographs – You will also need Passport-size photographs of applicants and members of the insurance plan for insurer records.
Medical reports – Some insurers demand a medical report of the applicant and members as well depending upon the plan chosen along with the coverage.
Proposal form – To buy a health insurance plan every insurer will get a proposal form duly filled in and signed by the applicant. It is used for purpose of their future records.
How to Make a Claim for Your HDFC ERGO Health Insurance
The sole purpose of buying a health insurance plan is to get financial support at the time of medical emergency. Hence, it is important to read the below steps to know how Health Insurance claims process works differently for cashless claims and
reimbursement claim requests.
Health Insurance Cashless Claims get approved within 20*~ minutes
1
Intimation
Fill up the pre-auth form at the network hospital for cashless approval
2
Approval/Rejection
Once hospital intimates us, we send you the status update
3
Hospitalisation
Hospitalisation can be done on the basis of pre-auth approval
4
Claim settlement
At the time of discharge, we settle the claim directly with hospital
We settle reimbursement claimswithin 6~* hours
1
Hospitalisation at non network hospital
You need to pay the bills initially and preserve the original invoices
2
Register a claim
Post hospital discharge send us all your invoices and treatment documents
3
Verification
We verify your claim related invoices and treatment documents
4
Claim Settlement
We send the approved claim amount to your bank account.
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Optima Secure
4X Coverage*
Wider Pre & Post Hospitalisation
Free preventive health-check ups
Key Features
Secure Benefit: Get 2X coverage from Day 1.
Restore Benefit: 100% restores your base coverage
No Cost Installment*^ Option: Credit and Debit card holders can now opt for the No cost instalment*^ option
Aggregate Deductible: You can enjoy up to 50% discount every year by choosing to pay a little bit more. You also have the super power to waive your opted deductible at renewal post completion of 5 years under
this Policy@
No Medical Test Upto 45 Years: It’s better to be safe than sorry! Secure your health when you are young to avoid medical tests.
Free preventive health-checkups: We offer free health check-ups so that you are healthier and happier always
Cumulative Bonus: Don’t think that your health insurance plan is of no use if you do not make a claim. It rewards you with additional 10% to 25% sum Insured upto a max of 200% depending on the plan
opted at the time of renewal.
50 Lacs & 1 crore cover options: Choose your health cover from two options of sum insured as per your needs.
No room rent capping^*: Get the freedom to choose any room upto a standard private AC Room.
Wider Pre & Post hospitalisation: We offer wider coverage of 60 days for pre-hospitalisation and 180 days for post hospitalisation expenses towards investigations, therapies and consultation charges.
Cumulative Bonus: Get an additional 10% of the sum insured on every claim-free renewal, which can go up to a maximum of 100%.
Works on Aggregate Deductible: This health plan comes in action once your all round total claim amount reaches the aggregate deductible in a year, it’s not necessary for a single claim to meet the deductible
unlike other top-up plans.
No health checkups upto Age 55 : It’s better to be safe than sorry! Secure your health when you are young to avoid medical tests.
Pay less, Get more: Opt for a long-term policy of 2 years and get a 5% discount.
It is imperative to choose health insurance given the state of the economy today and the rapid rise in medical inflation. This helps you better organise your money while protecting you and your loved ones in the event
of a medical emergency. Additionally, having a 50 Lakhs Mediclaim insurance in place is crucial given the exponential rise in severe conditions including cancer, tumours, cardiac arrests, and others. You
receive a wide range of advantages from HDFC ERGO health insurance, including tax reductions, renewal benefits, and access to a big network of hospitals. It's now incredibly simple to purchase a medical insurance
policy online from the convenience of your home. You must be at least 18 years old and not older than 65 in order to purchase a 50 Lakhs Health Plan. Additionally, dependent minors must be between the ages
of 3 months and 25 years old.
2. Is it useful to buy a health plan with one crore sum insured?
A medical insurance plan is essential since it provides total protection against escalating medical bills. To get high-quality healthcare and be prepared for unforeseen and unpleasant events, buy a medical insurance
policy that is beneficial to you. An extensive medical insurance or health insurance plan eases your concerns and prevents you from blowing through all of your savings. Look at the key reasons why having health
insurance is necessary.
Beat Medical Inflation
Avail Quality Healthcare Facilities
Get Access to Specialised Treatments
Avail Cashless Hospitalisation Facility
Save Tax up to ₹75,000
Get Preventive Health Check-up Coupons
Thus, it is useful to buy a health plan with one crore sum insured from renowned insurance providers such as HDFC Ergo Health Insurance. This type of health insurance provides comprehensive coverage for both medical
and non-medical expenses incurred due to a medical emergency, including hospitalization costs, pre/post hospitalization care and even daycare procedures. It also provides 24/7 customer support and cashless treatment
at any of the authorized network hospitals. Additionally, you can also avail of several add-ons such as the air ambulance cover and family discount upto 50%.
3. Is COVID-19 treatment covered under 50 lakhs Health Plan?
Coverage of Covid-19 under 50 lakhs Health Plan depends on what the policy of insurance providers covers. As per the recent health plans offered by HDFC ERGO, their Covid treatment coverage is a part of an additional
policy rider. If you purchase this health plan, it offers financial protection of upto Rs. 50 lakhs for various medical treatments and hospitalizations, which includes Covid treatment as well. The HDFC ERGO health
insurance plan offers coverages such as cashless facility at most major hospitals across India, no claims bonus on renewal and a host of optional covers to enhance your coverages. In addition to this policyholder
can also avail extra Covid-19 insurance coverage for self and family members which covers expenses related to testing charges, medical services during home isolation period, ambulance costs up to a certain limit. Thus, yes – Covid treatment is covered under Rs 50 lakhs Health Plan offered by HDFC ERGO considering that appropriate riders have been opted or purchased for additional coverage.
4. What is the grace period on 50 lakhs Health Plan?
The Grace period under 50 lakhs Health Plan depends on what the policy of insurance providers covers.
The grace period on a 50 lacs health plan offered by HDFC ERGO is 30 days, provided the policyholder has not made any claims in the current policy year. This means that if you forget to renew the policy and
it lapses, you have 30 days to revive the lapsed policy. This will allow you to enjoy all the benefits associated with your existing health plan. However, during this grace period, there is no cover applicable
for any medical treatments incurred. Further, revival of your lapsed health annual plan will be processed only within a year from when it was initially issued or renewed. It is therefore important to renew
your 50 lacs health plan offered by HDFC ERGO well before expiry or else take advantage of the 30 day grace period window as maybe applicable at times.
5. Does 50 lakhs Health Plan offer any value-added services?
Yes, HDFC Ergo's 50 lakhs health plan offers a range of value-added services including: 1. 24 x 7 Concierge Assistance: Assistance for hospital admission, locating and booking appointments with specialists. 2.
Second Opinion Service: Connections to second opinion providers or an on-call specialist who can help assess the severity of a medical condition and provide guidance on treatment options. 3. Assisted Referral Network
(ARN): Direct access to different healthcare providers, set up virtual meetings with specialists and get assisted referrals to the best available qualified doctor depending on your location at no additional cost.
4. Early Detection Benefit: Specific coverage if you need screening tests in case of early detection of certain diseases like cancer or cardiac ailments.
6. Who should buy the 50 lakhs insurance plan?
IAnyone who has dependents or financial obligations and may not be able to fulfil them in case something happens to them should buy a 50 lakhs insurance plan. This includes those who are the sole breadwinner of the
family, people with large loans, newly married couples and etc. For those individuals with a large number of dependents, this kind of plan could be ideal as it would ensure financial stability in case of an
unfortunate event. For example it could provide coverage in cases such as accidental death or disability resulting in loss of income. The money from such insurance benefits could even form part of a larger financial
contingency plan which could help to secure the dependents’ future. This plan may also be useful for someone nearing retirement age or those approaching middle age. Ultimately, the decision on whether
or not this type of 50 lacs insurance plan is best suited for them falls upon an individual after determining their individual needs before making an informed choice.
7. If I buy 50 lakhs health insurance is there any limit on how much I can claim in one go?
The amount of money you can claim in one go usually depends on the policy, so it's best to check with your insurer. There may also be limits on the number of claims made per policy period. Yes, there is a limit
to the amount of money that you can claim from HDFC Ergo health insurance when you buy a 50 Lakh policy. Generally, it depends on the type of plan you have bought, but typically this would be up to a maximum of
up to Rs 20 lakh for any one event or illness. Claim limits are applicable only in cases where claims are made as part of an approved treatment/procedure by a qualified medical practitioner/hospital within the registered
network of HDFC Ergo. In addition to the claim limit, HDFC ERGO also has ‘Cumulative Bonus’ and ‘Lifetime Renewal Benefits’ which kick in after two continuous renewal years without filing
any claims. These benefits can increase your sum insured at no extra cost, thus providing better protection for your family against uncertainties.
Conclusion
In a nutshell, a 5 lakh health insurance policy may be sufficient for some and not be enough for some. You need to make a careful and calculated choice before deciding on the amount you are ready to invest on a health insurance policy. The
amount will also depend on you and your loved ones’s medical requirements. However, the most important thing is having a good health insurance plan. A healthcare emergency can occur any time and a mediclaim policy helps you to deal
with such situations. So, keep the above points in mind to make an informed decision.
For all the family members of the family you buy a separate health insurance. The sum insured can be of your choice for all the members which may will vary based on age, lifestyle etc; however, there is no discount benefit like you
get in individual sum insured basis plan and for all members you will get separate policy numbers.
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