Read beyond the premium
Two policies with the same premium can be very different. These terms decide how much you actually get when you claim:
- Sum insured and whether it restores after a claim
- Waiting periods for pre-existing diseases and specific treatments
- Co-payment, where you pay a share of each claim
- Room-rent limits, which can reduce the whole claim
- The network of hospitals offering cashless treatment
Individual or family floater?
A floater shares one sum insured across the family. It is usually cheaper, but a single large claim can use up the cover for everyone.
Tax benefits
Health insurance premiums can qualify for a deduction under Section 80D of the Income Tax Act under the old tax regime.
Disclaimer
We explain, we don't sell. Always read the policy wording, and check insurers with the regulator, IRDAI.