Life is uncertain. A health insurance plan should be on your priority list to secure any emergency medical expenses in need of the hour.
What Is Health Insurance policy?
A Health Insurance Policy is like an investment plan that offers you financial security to handle your medical expenses. It safeguards your funds from being spent on medicines, hospitalization, ambulance, doctor consultation, post-hospitalization care and many more. It can be viewed as an agreement between your health insurance company and you where the company is bound to cover all your financial expenses in any medical emergency case.
Benefits Of The Best Health Insurance In India?
Besides, medical expenses in case of hospitalization, a health insurance policy offer benefits such as:
1. Daily allowance
Some health insurance company pays a daily allowance of hospitalization that does not affect the assured sum.
2. Tax benefit
According to section 80D of the Income Tax Act, the insured client can claim tax detection of about rupees 25,000 against the health insurance premium. If the client is paying the insurance premium for elderly parents, then detection of up to rupees 30,000 is permissible.
3. Cashless treatment
You can avail the facility of cashless treatment with a good health insurance policy at their network hospital.
4. Allied benefits
Some insurance policies include preventive and enhanced check-ups, consultation with doctors or nutritionists and diagnostics in the basic health insurance plans.
5. Covers life-threatening illness
Chronic Lifestyle diseases are not only life-threatening, but expensive. If you have an insurance plan covers a critical condition, the company will pay a lump sum amount after the diagnosis.
It is essential to buy an insurance policy to assure yourself and your family a healthy future without worrying about the hospital and medical bills. However, with too many health insurance policies offered by different companies, you must be confused about which one to choose. A few points you should keep in mind while selecting the best health insurance in India includes benefits, coverage, network hospitals, health insurance riders etc.
Best Health Insurance in India 2021
The list below has included best insurance plans in India from top rated health insurance companies.
|Health Insurance Plans||Entry Age (Min-Max)||Sum Insured (Min-Max)||Network Hospitals||Covid-19 Treatment|
|Bajaj Allianz Health Guard||18-65 Years||Rs 1.5 Lakh – Rs 50 Lakh||6500+||Covered|
|Edelweiss Edelweiss Health Plan||90 Days-65 Years||Rs 1 Lakh – Rs 1 Crore||2578+||Covered|
|IFFCO Tokio Health Protector Plus||18-65 Years||Rs 2 Lakh – Rs 25 Lakh||5000+||Covered|
|National Parivar Mediclaim Plus||18-65 Years||Rs 6 Lakh – Rs 50 Lakh||6000+||Covered|
|Bharti Axa Smart Super Health Plan||91 Days – 65 Years||Rs 5 Lakh – Rs 1 Crore||4500+||Covered|
|Digit Health Plan||N/A||Rs 2 Lakh – Rs 25 Lakh||5900+||Covered|
|Future Generali CritiCare Plan||18-65 Years||Rs 1 Lakh – Rs 50 Lakh||5100+||Covered|
|Cholamandalam Chola Healthline Plan||18-65 Years||Rs 2 Lakh – Rs 25 Lakh||7250+||Covered|
|Aditya Birla Active Assure Diamond Plan||5 Years & Above||Rs 2 Lakh – Rs 2 Crore||7100+||Covered|
|Kotak Mahindra Kotak Health Premier||18-65 Years||4800+||Covered|
|Liberty Health Connect Supra Top-up||18-65 Years||Rs 3 Lakh – Rs 1 Crore||3600+||Covered|
|Care Health Care Plan (Formerly Religare Care Health Insurance Plan)||91 Days & Above||Rs 4 Lakh – Rs 6 Crore||7800+||Covered|
|Star Family Health Optima Plan||18-65 Years||Rs 1 Lakh – Rs 25 Lakh||9900+||Covered|
|ManipalCigna ProHealth Insurance||18 Years & Above||Rs 2.5 Lakh – Rs 1 Crore||6500+||Covered|
|Reliance Critical Illness Insurance||18-55, 60 & 65 years (As per the SI)||Rs 5 Lakh – Rs 10 Lakh||7300+||Covered|
|Max Bupa Health Companion Individual Plan||91 Days & Above||Rs 3 Lakh – Rs 1 Crore||4500+||Covered|
|Oriental Individual Mediclaim Policy||18-65 Years||Rs 1 Lakh – Rs 10 Lakh||4300+||Covered|
|SBI Arogya Premier Policy||3 months – 65 Years||Rs 10 Lakh – Rs 30 Lakh||6000+||Covered|
|New India Assurance Senior Citizen Mediclaim Policy||60-80 Years||Rs 1 Lakh – Rs 1.5 Lakh||3000+||Covered|
|Raheja QBE Raheja QBE Comprehensive Plan||90 Days – 65 Years||Rs 1 Lakh – Rs 50 Lakh||5000+||Covered|
Since corona outbreak all best health insurance in India also covers the treatment for coronavirus from day one after the positive diagnosis of covid-19.
You may also purchase specific health insurance plans designed for coronavirus. Coronavirus health insurance policies are short-term policy offering coverage against the pandemic declared coronavirus. They cover the homecare treatment cost, hospital expenses, ambulance charges, medicine, PPT’s oxygen cylinder, mask, gloves, Ayush treatment and ICU charges.
The Best Coronavirus Health Insurance Plans In India:
1. Corona Rakshak Policy
Corona Rakshak Policy is a COVID-19 health insurance plan that pays for the hospitalization of a minimum of 72 hours and more. It is available to the age group between 18 to 65 years on an individual sum insured basis between 2.5-2 5 lakh. The applicants with co-morbidity also get insured by paying an additional premium.
2. Corona Kavach policy
The sum insured starts from rupees 50,000 rupees 5 lakh. You can even get your family covered under the plan.
We hope you will find the article helpful. Before selecting the best health insurance in India do understand the cashless and reimbursement claim settlement process and carefully read the terms and conditions. For more information, post your queries in the comment section.