Health insurance is just like a emergency plan to cover your medical expenses in the case of any eventuality. It helps in accessing to the best in class health care by providing the required finance.
While subscribing to a Health Insurance plan, we must evaluate the benefits, terms and conditions of the policy to understand the benefit and limitations.
Understanding the policy at the time of purchase is not only helps in getting the best advantage are minimum cost but also keep us away from hassle and disappointment in the case of any contingency. So, it is very essential to understand well in advance, the terms and features of various health insurance policies available, the coverage, special features and exclusions apart from the premium amount.
What you must evaluate before you purchase a health Insurance :
- Premium for Family Plan/ Individual Cover
- Upper age limit for insured
- Consultancy & Diagnostic Tests Cover
- Cashless Transactions
- Network of Hospitals covered
- Critical Illnesses Cover, if applicable
- Ailments, which are not covered
- Any Room Rent Limit
- No claim benefits from previous year
