Cover for individuals and families, structured around real medical costs.
Health insurance covers hospitalisation and medical treatment costs for individuals and families. The Indian market offers individual policies, family floater plans covering several members under one sum insured, super top-up policies that sit above an existing base cover, and specialist covers for critical illness, senior citizens and specific conditions.
Medical inflation in India has consistently outpaced general inflation for over a decade. A single hospitalisation involving surgery and intensive care can exhaust years of savings. Employer group cover, where it exists, ceases with employment and is frequently inadequate for family needs.
The most common problem is not absence of cover but inadequate sum insured and misunderstood sub-limits. A five lakh policy in a metro city with a restrictive room rent cap can settle a claim at a fraction of the bill. Waiting periods for pre-existing conditions are the second frequent surprise.
Each placed across our insurer panel and structured around your actual exposure rather than a standard template.
If your operations fall into any of these, this category is likely relevant to your risk profile.
A single sum insured shared across family members, usually more economical than separate individual policies for a young family.
Cover that activates above a defined deductible, allowing a large total sum insured at relatively low premium. It works alongside a base policy or employer cover.
Typically two to four years depending on insurer and policy. Some conditions carry specific waiting periods regardless.
A cap on daily room charges. Exceeding it often results in proportionate reduction of all associated charges, not just the room itself.
Yes. IRDAI permits portability at renewal with accrued waiting period credit, subject to the new insurer accepting the risk.
Often not. It ceases with employment, may exclude parents, and sum insured is frequently below what a serious illness costs in a metro city.