How To Compare Affordable Health Insurance Plans Online In India?

1. Policy Coverage

When you compare health insurance plans, policy coverage is a crucial aspect that should not be ignored. Health insurance plans usually offer a wide range of covers such as pre and post hospitalization, medical covers, critical illness cover, ambulance charges, cashless benefits, maternity benefits, etc. Whether you are buying for yourself or the entire family, a policy with a wide range of these covers is advisable.

2. Co-Payment

As you compare health insurance plans online look for the fingerprints for mention of co-payment. A copayment is a small percentage of the total expense claim that you must pay from your pockets and your insurer will pay the rest. For instance, if your claim is of INR 2,00,000 and the co-payment is 10%, you must pay INR 20,000 and your insurer will pay the remaining. 

3. Limit on Room Rent

Another important point to consider when you compare health insurance plans online is the limit on room rent. Your plan and its coverage define the type of room that you can opt for. Thus, you can opt for a plan with a higher room rent limit, to avoid paying any more charges from your pocket. 

4. Lifetime Renewal Option

Compare health insurance plans online to identify insurers and plans that offer you a lifetime renewal option. The simple rationale is that you will most probably need the health insurance plan for your later years. A lifetime renewal option will ensure that you can continue with the plan. And not worry about buying a different plan once you have crossed the age limits.

5. Waiting Period

A crucial aspect of health insurance plans that some people tend to forget is the waiting period for certain conditions. While health insurance plans usually cover some pre-existing conditions, for other medical conditions you might have to wait for some time. A common example is that maternity expenses are covered after 2 or 4 years of buying the policy.

The above information will help you compare insurance policy with a bit more ease. You can either visit the website of a couple of insurers or take the help of insurance aggregators. Insurance aggregators make it easy for you to compare insurance policy, so that you can focus on getting a policy that caters to your needs.