Best Family Health Insurance Plans Coverage Best Insurance Agencies In India

Best Life Health Insurance Plans, Coverage, Premiums, Agencies, Branch Locator

We strive to make sure that our loved ones have a pleasant life. One area of our life that has been a focus in recent years is health. The emergence of COVID 19, a viral disease, has attracted attention to how unpredictable life can be. In the midst of the pandemic, the world is in an exceptional predicament. As a result, it necessitates great efforts to protect your family's health. A family health insurance coverage provides you with a financial safety net in the event of unanticipated medical expenses.

What is Family Health Insurance?

A family health insurance plan is a type of medical insurance that covers everyone in your family under one policy. A fixed sum insured is divided by all family members under this plan, with the premise that not everyone will become ill at the same time. Most family health insurance policies include maternity benefits, coverage of both pre & post-hospitalization as well as cashless hospitalization.

This type of health insurance allows you to cover two or more family members for a variety of healthcare costs, such as in-patient hospitalization, pre-hospitalization and post-hospitalization charges, childcare costs, and so on.

Best Health Insurance Plans Available in India 2022

Aditya Birla Activ Health Platinum Health

Amount: 2 Lakh to 2 Crore

Aditya Birla Health Insurance Benefits

In-patient hospitalization expenses
Daycare procedures
Home treatment
OPD cover
Obesity Treatment

Bajaj Allianz Health Guard

Amount: 1.5 lakh to 1 crore

Buy Bajaj Allianz Life Health Insurance: Bajaj Allianz Health Insurance Branch Locator

Bajaj Allianz Health Insurance Benefits

Bariatric surgery cover
Pre-post hospitalization Plan expenses charges
Maternity expenses
Ambulance and road transport charge
Preventive health check-up

Bharti AXA Smart Super Health Insurance Policy

Amount: 50,000 to 5 lakh

Buy Bharti AXA Life Health Insurance: Bharti AXA Health Insurance Branch Locator

Bharti AXA Health Insurance Benefits

Critical illness
Hospitalization benefit
Transplantation of organs
Pre-existing diseases
Pre-post hospitalization expenses

Care Health Insurance

Amount: 5 lakh to 75 lakh

Care Health Insurance Benefits

In-patient-hospitalization expenses Daily allowance
Maternity cover
Organ donor expenses
Annual health check-up

Cholamandalam Healthline Insurance Policy

Amount: 2 lakh to 25 lakh

Buy Cholamandalam MS Life Health Insurance: Chola Mandalam Health Insurance Branch Locator

Cholamandalam Health Insurance Benefits

Outpatient expenses including hearing aid, dental, contact lens and spectacles
Hospitalization coverage
Emergency ambulance expenses
Maternity cover
Extended hospitalization allowance

Best Family Health Insurance Agencies in India 2022

Aegon Life Health Insurance
Apollo Munich Life Health Insurance
Aviva Life Health Insurance
Bajaj Life Health Insurance
Branch Birla Sun Life Health Insurance
Citi Bank Life Health Insurance
DBS Life Health Insurance
Deutsche Bank Life Health Insurance
DHFL Pramerica Life Health Insurance
Equitas Small Finance Bank Life Health Insurance
Exide Life Health Insurance
Future Generali Life Health Insurance

Need & Benefits of Health Insurance Plan in India

'Health is Wealth,' as the saying goes, and keeping a healthy lifestyle is essential for a happy existence. The number of persons suffering from lifestyle-related ailments has increased throughout time as a result of people's increasingly sedentary lifestyles. Furthermore, the cost of medical bills is always rising, making it harder for people to receive the best care. In such cases, purchasing health insurance is critical, as it is the most cost-effective approach to cover treatment costs.

Health insurance benefits a person in a variety of ways. A complete coverage covers not only the costs of hospitalization but also the costs of post-treatment care. Aside from that, the ambulance costs are covered by health insurance coverage. If you're still undecided about whether or not a health insurance policy is a good investment, considering the policy's advantages will enable you to form an opinion.

Simple to Purchase

You no longer need to wait in line or go to an insurance office to obtain an insurance policy. Most insurance firms in India now provide online services, allowing you to purchase, renew, and track the status of a claim. You can also compare different plans and choose the one that best meets your needs and has an inexpensive price when you buy a health insurance policy online. or you can find your nearest branch for direct contact.

Buy Aegon Health Insurance Plan: Aegon Health Insurance Branch Locator

Wide range of coverage

Insurance companies are growing more inclusive with each passing day, incorporating every type of coverage in their policies. These integrated policies go beyond providing individual coverage to include coverage for the entire family under the same plan.

Renewal for another year

The renewal age for health insurance policies can be extended to offer coverage thanks to the IRDAI's amendments. Most health insurance firms now provide specific plans for senior persons that do not have an upper age limit.

Bonuses added together

Insurance companies reward you with a cumulative bonus if you do not file any claims throughout a policy year. It's similar to the no-claim bonus in vehicle insurance, although the incentives you might get vary by insurer. Some insurance firms will give you a reduction on your premium, while others will provide you with a higher sum assured. Most insurance companies often offer a 5 percent to 50 percent increase in the sum assured.

Expenses for OPD

A few insurance companies have begun to accept claims for outpatient departments, generally known as OPD claims. The notion of this claim settlement is still very new, and only a few companies now provide it.

Hospitalization without the use of money

The cashless facility is one of the most important elements of a health insurance policy. The cashless feature enables you to receive the greatest treatment without needing to invest a single rupee. You must provide the cashless card issued by the insurance company at the hospital, and the insurer will pay the hospital immediately. However, you should be aware that the cashless treatment function is only available if you seek medical treatment at one of the insurer's health centers.

Buy LIC Health Insurance: LIC Health Insurance Branch Locator

Portability

If you are dissatisfied with your current insurance carrier's services, you can transfer or port your policy to another provider. Changing firms have little to no effect on your no-claim bonus.

Benefits from Taxes

If you get health insurance, you can get a tax deduction under Section 80D; the deduction is based on the premium you pay for the policy. If you buy insurance that covers you, your spouse, and your children, you can earn a maximum deduction of $25,000.

The maximum deduction is 30,000 if you purchased an insurance policy for your elderly parents.

A health insurance coverage can provide you with a maximum deduction of 60,000 rupees.

With so many advantages to having health insurance, it's a good idea to have a complete health plan in your insurance portfolio to cover all medical situations.

Consider Factors Before Purchasing Health Insurance in India

Here's a checklist of items to consider before purchasing health insurance:

Coverage

You should double-check the coverage provided by the medical insurance plan you've selected. Despite the fact that all health plans provide primary coverage, there are some restrictions. As a result, it is prudent to select a plan that best meets your insurance needs.

Waiting Time

In health insurance, a waiting period is a period during which certain ailments are excluded. So, before you acquire health insurance, double-check the waiting period.

Buy SBI General Health Insurance: SBI General Health Insurance Branch Locator

Claim without paying any money

The hospital will get direct compensation from your insurance company in this case. All health plans provide this service only if you are treated in one of their network hospitals.

Premiums

When acquiring health insurance, the premium rates should also be considered. When compared to comparable plans on the market, the amount you spend as a premium should be justified.