Most Affordable Health Insurance Plans in India 2022-23

Why is Health Insurance the Most Important?

There are clearly no two ways around this question. Health insurance is definitely what every single person today needs in their lives, for life itself is highly uncertain. We don’t know what may or may not happen the very next moment. All we can do is prepare ourselves for it well in advance.

Best Health Insurance Companies Offering Low Premium Health Insurance in India

As discussed above, since healthcare itself comes at a high price (the cost of a single hospitalization can burn a hole in your pocket), it only makes sense to keep a mediclaim policy in your hand. However, it is equally important that you choose to invest your hard-earned money in buying low cost medical insurance which can be easily afforded for the entire term of the policy purchased.

Affordable Individual Health Insurance Plans 

1. Universal Sompo Complete Health     Care Individual Essential Plan

Sum insured- 6 lakh and Rs. 70 lakh

Rs. 5 lakh Sum Insured Premium - Rs. 6,523

2. HDFC Ergo Silver Smart Plan

Sum insured- 3 lakh and Rs. 5 lakh

Rs. 5 lakh Sum Insured Premium - Rs. 8,744

3. Star Health Comprehensive Individual Plan

Sum insured - 5 lakh and Rs. 1 crore

Rs. 5 lakh Sum Insured Premium - Rs. 8,277

4. Aditya Birla Active Assure Diamond Plan

Sum insured - 10 lakh and Rs. 1 crore

Rs. 5 lakh Sum Insured Premium - Rs. 7,919

Low-Cost Health Insurance Plan for Family

1. HDFC Ergo Health Optima Restore

Sum insured- Rs. 5 lakh and Rs. 50 lakh

Rs. 5 lakh Sum Insured Premium - Rs. 12,392

2. Aditya Birla Platinum Enhanced

Sum insured- Rs. 2 lakh and Rs. 2 crore

Rs. 5 lakh Sum Insured Premium - Rs. 12,648

3. Religare (Now changed to Care Insurance)      Care Plan

Sum insured - 10 lakh and Rs. 1 crore

Rs. 5 lakh Sum Insured Premium - Rs. 10,885

Cheapest Health Insurance Policy for Senior Citizens

1. IFFCO Tokio Family Health Protector

Sum insured- Rs. 1.5 lakh and Rs. 30 lakh

2. Star Red Carpet Senior Citizen Health Plan

Sum insured- Rs. 1 lakh and Rs. 25 lakh

3. Oriental Individual Mediclaim Policy

Sum insured - Rs. 1 lakh and Rs. 10 lakh

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