General Advice for Health Insurance

The only way to protect yourself and your family from medical inflation is by opting for the right health insurance plan. Here are some points to keep in mind while choosing a health policy:

• Understand the terms and conditions of the plan before signing on the dotted line. This cannot be stressed enough. Make sure that you understand the coverage, exclusions, and policy terms to avoid disappointments later on.
• Make sure to compare the different plans in the market. With due diligence, you can save significantly on the premium costs. Click here to receive free quotes for the best health plans on the market and begin your search.
• Opting for a family plan is cheaper on your pocket. By covering all the members of your family under a single family floater plan, you can save significantly on the premium costs while ensuring medical coverage for all family members.
• Purchase a health plan as early as possible. The younger and healthier you are, the lower is the premium.
• Do not falsify your medical history. Always report your medical history accurately, to avoid complications in filing claims later on.
• Understand the riders available. Opting for riders like critical illness cover, accident cover can help you get the most out of your health plan.
• Check the claim settlement ratio of the insurer. The higher the CSR, the greater the chances of your claim being accepted.
• Cashless treatment plans can help you get treated at any member hospital without paying the cost out of pocket. These plans are hassle-free compared to reimbursement policies.