1️⃣ Start Early to Save Premiums
Young and healthy individuals pay lower premiums. Buying early locks in affordable rates and builds long-term security.
2️⃣ Opt for Adequate Sum Insured
Don’t under-insure. Consider rising medical costs and inflation — a higher sum insured today avoids financial stress tomorrow.
3️⃣ Check for Pre-Existing Disease Coverage
Ensure your plan covers pre-existing conditions after the waiting period. This is crucial if you or family members have chronic illnesses.
4️⃣ Understand Inclusions & Exclusions
Policies have hidden exclusions like cosmetic surgeries, alternative treatments, or certain procedures. Read the fine print to avoid surprises.
5️⃣ Look for No-Claim Bonus & Renewability
Choose policies with lifetime renewability and no-claim bonuses — they reward you for staying healthy and increase coverage over time.
6️⃣ Compare Plans Before Buying
Don’t settle on the first policy. Use comparison tools to evaluate premiums, coverage, and benefits for the best value.
7️⃣ Cashless vs Reimbursement Options
Cashless hospitalization is convenient, but reimbursement ensures flexibility. Pick a plan that offers both if possible.
8️⃣ Check Network Hospitals & Specialists
A wide network of hospitals and access to quality specialists ensures you get timely treatment without cash hassles.
9️⃣ Consider Family Floater Plans
Family floater plans cover spouse, kids, and parents under one policy — simpler management and cost-effective coverage.
🔟 Review & Update Annually
Health needs change. Regularly review your policy and update coverage, add-ons, or sum insured to match your lifestyle.
