Quote Form

Our representative will call you within few minutes
Health Insurance 1383 views March 15, 2021
All of us need health insurance, no matter whether we are single, married, retired or an employee of an organization. Because we all face health risks in our daily lives, and due to increased medical costs, most of us are unable to receive the required treatment. So to tackle the same, the concept of health insurance got introduced. Using a health insurance plan, an individual can get coverage for his/her hospitalization such as – room rent, ICU charges, nursing expenses, medicine/drug purchases, etc. Let’s know more about health insurance and how it helps different segments.
Table of Contents
There are different types of health insurance plans meeting the requirements of different segments that you could see below.
This health insurance plan is for a single person only. Here, the insurer provides you a sum insured to cover your medical expenses. In an individual health insurance plan, you get benefits like hospital cash, no claim bonus, unlimited renewals, etc. Let’s take a look at some of the popular individual health insurance plans –
Individual Health Insurance Policy | Minimum Annual Premium Amount (In INR) | Benefits | Sum Insured (In INR) |
---|---|---|---|
Max Bupa Health Companion | 424 |
| Up to 1 Crore |
ManipalCigna ProHealth Select | 2,090 |
| Up to 25 Lakh |
Star Medi Classic Insurance Policy | 2,510 |
| Up to 15 Lakh |
United India Individual Health Insurance Policy | 1,663 |
| Up to 15 and 20 Lakh |
New India Mediclaim Policy | 2,708 |
| Up to 15 Lakh |
Oriental Insurance Individual Mediclaim Policy | 1,566 |
| Up to 10 Lakh |
Aditya Birla Activ Assure Diamond Plan | 2,774 |
| Up to 2 Crore |
HDFC ERGO my:health Suraksha | 4,192 |
| Up to 75 Lakh |
If you care for your family and are worried about their health, purchase health insurance on a family floater basis. In this, you can cover yourself, your spouse, parents, children and in-laws under a single health insurance plan. Let’s know popular health insurance plans in this category.
Family Health Insurance Policy | Minimum Annual Premium Amount (In INR) | Benefits |
---|---|---|
Bajaj Allianz Health Guard - Gold | 5,124 |
|
Future Generali Comprehensive Health Insurance | 4,414 |
|
Universal Sompo Complete Health Insurance | 1,774 |
|
Star First Optima | 3,435 |
|
New India Premier Mediclaim Policy | 9,309 |
|
If you are an employee of a company, your employer might provide you with health insurance. And do you know such insurance comes under the category of group health insurance? Under this, only the employee, employee’s spouse/husband and children will be covered. An employer can purchase group health insurance if there are more than 50 employees in the company or organization. The following are some popular group health insurance plans –
Family Health Insurance Policy | Benefits | Sum Insured (In INR) |
---|---|---|
Kotak Group Health Care |
| Up to 25 Lakh |
Reliance Group Mediclaim Insurance Policy |
| As specified by the insurer |
Oriental Mediclaim Insurance Policy (Group) |
| Up to 5 Lakh |
Aditya Birla Group Activ Secure |
| As specified by the insurer |
New India Group Mediclaim Policy |
| Up to 15 Lakh |
Aditya Birla Group Activ Health Plan |
| As specified by the insurer |
Note – All your health insurance benefits shall stand extinguished if you quit or are fired from the job.
At old age, we all face health issues. To take care of that, insurance companies have designed senior citizen health insurance plans. Under this, the entry age starts from 55 or 60 years, and the policy covers all hospitalization expenses. So if you are near to your retirement age or are already retired, purchase a senior citizen health insurance plan. We have the list of top health insurance plans for senior citizens. Take a look at them below –
Senior Citizen Health Insurance Policy | Benefits | Sum Insured (In INR) |
---|---|---|
Aditya Birla Activ Care Senior Citizen Health Insurance |
| Up to 25 Lakh |
Bajaj Allianz Silver Health Plan for Senior Citizens |
| Up to 5 Lakh |
HDFC Ergo Health Optima Senior |
| Up to 5 Lakh |
New India Assurance Senior Citizen Mediclaim Policy |
| 1 and 1.5 Lakh |
Tata AIG MediSenior |
| 2, 3 and 5 Lakh |
Oriental HOPE Senior Citizen Health Insurance Plan |
| Up to 5 Lakh |
If you purchase a health insurance plan, you can get the following benefits –