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
Car theft was a major concern that car owners were worried about for long in India. Even though it still prevails, but the numbers have gone down considerably because of the installation of various anti theft devices over the years. These devices not only enhance your car’s security, but also reduces the insurance premium of your vehicle to a great extent. This is because the installation of anti theft devices in a car guarantees almost no claims of car theft. So, the insurance companies offer good discounts on premiums to car owners having such devices installed in their car. However, you must note that such discount is not available in third-party policies.
If you are considering anti theft devices to install in your car to prevent theft, you can do so by installing an Automobile Research Association of India or ARAI approved anti theft device.
When you are driving on the Indian roads one of the most crucial obligations for you would be to keep your documents handy with you at all times. This is because you may have to show them at any time when a traffic police officer asks for the same at a signal or elsewhere. As such, it can be rather difficult to remember all these things – to keep them in mind. This is where a Digi locker can be what the doctor ordered for you. The DigiLocker allows you to carry all your papers with you digitally. This is an initiative of the Ministry of Electronics and Information Technology.
The Insurance Regulatory and Development Authority of India recently introduced the option to buy Long-Term Two-Wheeler Insurance bike policy. You can now either opt for a two-year or three-year bike insurance policy. You can compare insurance policies to make the most of long-term insurance plans.
Car accidents have been on the rise in India over the past few years. Car insurance helps to cover up the loss for a damaged car. If your vehicle is severely damaged, you can raise a car insurance claim under the total loss category. However, often vehicle owners don’t have adequate knowledge regarding the total loss in a car insurance claim. As a result, the insurance company offers them a lesser amount than the original losses incurred. In this post, we discuss what is total loss and how to claim car insurance in case of total loss.
The key aspect to avoid accidents and fatalities on the roads in India is to follow rules of road safety. In this blog we are discussing the basic car driving rules in India to ensure the safety of you and your vehicle.
Speak to our Advisor
+91
