Related Articles
.png)
Jan 08, 2025
Is Varicose Vein surgery covered under the health insurance policy in India
Health Insurance
.png)
Best Tips To Select Health Insurance For Your Family
Health insurance is a major requirement in today’s day and age. Everyone needs health insurance. However, buying the first medical insurance plan that you come across is never a good idea. You need to do some homework, compare insurance plans and then select the ideal health cover. Read the blog to know how to select and which is the best health insurance policy for your family?
Know your needs
The first step is for you to know your needs. If you have a large family, you need to cover everyone under a family floater health plan. If you are single with no dependents, you need to look at the health insurance quotes for individual health covers. If you have any particular illness you need to find a plan that offers suitable coverage for it. This is why it is very important for you to do some background work and find a plan that is well-suited to your exact needs.
Check the other covers you have
Do you have a life insurance plan with a critical illness cover? Does your spouse also have a comprehensive plan under which you are covered too? When you compare insurance plans to buy a health policy, make sure you keep this very important point in mind too. Underinsurance is harmful but over insurance is redundant as well, so get the correct cover you need.
Look for riders
Riders are add-on covers that allow you to make the medical insurance policy better suited for your needs. There are many good health insurance riders such as the hospital cash rider, the room rent waiver rider, etc. Go over the terms and conditions associated with the riders and choose the ones that are of use to you. Riders are available at an added cost and so the health insurance quotes go up when you buy riders, but the coverage increases as well.
Understand the clauses
Health insurance has many clauses associated with it. This is why you need to read the policy wording before you buy health insurance policy online. Check for the exclusions, co-pay rules, rate capping clauses, respiration details, etc. Also, look for the renewability clause. Ideally, you should get a health plan that offers lifelong renewability.
Compare and buy
And finally, you should always remember to compare the various health insurance plans before you get your policy. Comparing proves to be very helpful as you find the best plan at the best rate. You also get to spot the best insurance provider and this proves to be extremely beneficial for you. Comparing health insurance is simple and you can do it free of cost too. Therefore, compare the plans and only then buy health insurance policy online.
The final word
Compare insurance plans and then buy health insurance policy online and you will make an excellent choice. Keep all the points mentioned above in mind when selecting your family. If you do so, you will surely end up with the best plan to keep your and your family’s health protected at all times.
Author Bio
Paybima Team
Paybima is an Indian insurance aggregator on a mission to make insurance simple for people. Paybima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. Paybima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
Other Health Insurance Products
Jan 08, 2025
Health Insurance
Latest Post
Arjun has a car that is four years old and most of the parts are performing well. However, the engine started showing some issues and he immediately went to a nearby auto repair shop to get the problem checked. The mechanic clarified that the engine required replacement. As Arjun has a car insurance policy, the insurance company paid the expenses that saved a lot of money.
The thrill of purchasing your first bike is exhilarating. However, before the engine roars and you begin your journey to the open roads that await, do acquaint yourself with the bike insurance-related jargon. Especially while buying the bike insurance plan online, you should be clear about who is a first, a second, or a third party in insurance. This is dissimilar to the first-party or third-party bike insurance policies offered by insurance companies in India.
Anyone willing to ride/operate a two-wheeler on the highways in India must acquire a driving license. There are several types of driving licenses for different types of vehicles in India. MCWG is one such type of driving license that allows individuals to legally and freely ride two-wheelers, including heavy two-wheelers, on Indian roads.
Bringing home a new vehicle is a matter of great joy and excitement for the whole family. But this joy comes with the trouble of undergoing various procedures to get the vehicle registration done by the authorities. You can put yourself in legal trouble by driving your new vehicle without the RC or the Registration Certificate.
Wondering about what is Taxi insurance ? It is a highly specific type of insurance that offers coverage for owners of taxis, who are an indispensable part of our public transportation ecosystem throughout the country. Here’s learning more about the same.
Speak to our Advisor
+91
