To buy an
adequate Health Insurance is going to prove to be one of the most sensible
decisions of your life! A perfect health insurance plan not only secures life,
but also provides a corpus of funds needed in case of medical emergencies.
question is, how to reach the perfect health insurance plan?
We are here
to provide you effective and meaningful 8 tips to find almost perfect health
insurance for you.
1. Choose The
Right Insurance Amount As Per Your Specific Needs
As per your
medical and health care needs, you must keep a certain amount you want to be
assured for. Especially with the city you are living in and the medical costs
you may incur in case of Hospitalization for general or critical illnesses. Buy
your health cover accordingly.
2. Do Not Miss On The Cashless Health Cover
This is one
of the most important points to keep in consideration while buying a health
cover. You may not have access to instant cash, as and when you need medical
attention for self or family. In such emergent cases, cashless medical cover
comes in handy to have immediate treatment without cash. Go for the plan which
offers this feature.
Carefully For The Age Criteria
Health insurance renewal is easily possible in young years but there are
only a few insurance providers who allow renewal in old age. Keeping in view
your needs of health cover, go for a plan which covers you or lets you renew
your plan in old age.
4. Choose The Sub-limits Thoughtfully
A sub-limit is a stipulation by insurance providers to the
hospitalisation expenses or other medical expenses incurred by you. They will
pay only a certain amount as per the sub-limit. Rest has to be paid by you. You
must choose your sub-limit with a sincere thought, if you understand your
5. Look For Waiting Period
period is the period where you have to wait before the medical Policy comes in
force and you can get the medical bills reimbursed. It can be of few months to
few years, depending upon your insurance provider. You must go for an insurance
company that stipulates least waiting period, so that your policy becomes
useful at the earliest.
6. Make Sure You Get Maximum Pre-existing Diseases And Critical Illness
All the medical insurance providers list the pre-existing diseases and
critical illnesses that will be covered under the insurance. Go for the
insurance plan that accommodates the maximum of those, as you never know, which
expense you may have to bear at what stage of life.
7. Check Company's Background And Network Hospitals
zero in to a particular medical insurance plan offered by a particular
insurance company, make a thorough check of the company's background, their
market standing, their customer service reputation, their Claim settlement
ratio and Network Hospitals listed by them for cashless treatments. These important
aspects must give a positive report about the company and the hospitals listed
must be within your reach.
8. Always Remember To Start Early
In case of health insurance, the early you start, the maximum benefits
you reap! Buying a health plan in young years is always advisable, as you get
it at lower premiums and with lot of features which may be denied in older age.
Also, if you are entitled for a basic medical cover by your employer, even then
you must buy one for your customised needs.
These smart tips will help you to reach your almost perfect health
insurance, and be covered for all your medical needs.
these points in mind and you will end up buying the best health insurance that will prove to be of great benefit to you
and your family. Be careful be wise!