Health care is one of the vital needs of every family. While we all wish for a healthy and glitch-free life, there are health problems that keep us bugging every now and then. While they bring pain and suffering for the individual as well as the family members, such health problems also put a family into financial trouble. Thanks to the rising cost of health care, even availing the simplest of the treatment burns a hole in your pocket, let alone the treatment for a serious concern. To ensure you have the financial security to bear the cost of health care for your family at any given time, it is important to buy health insurance plans in India for the family. The choices for a health insurance plan are plenty and one should know the features of Best Health insurance for the family in India to make a decision:
Salient features of the best health insurance plans in India for the family:
If you are buying a family health insurance plan, here are a few features you must know:
When you are selecting a family health Insurance in India, it is utmost important to check the diseases covered under the plan as well as the inclusion of pregnancy or daycare expenses. Also check whether post & pre-hospitalization expenses, ambulance expenses, and other medical expenses are included or not.
Maximum age for renewability:
As per the rules and regulation of Insurance Regulatory and Development Authority (IRDA), the regulatory body for the insurance sector in India, it is mandatory for all the insurance providers to offer coverage under a health policy up to the age of 65 years. However, there are some reliable health insurance plans in India for a family that offer a lifetime cover to the buyers. Make sure you check the maximum age of renewability thorough and ensure that it extends to an older age when you and the family members have a higher chance of developing health problems.
The cost of living keeps on rising and the Best Health insurance for a family in India must offer you a coverage that helps you keep pace with the rising cost of living. Choose a health insurance plan wherein you get a gradual increase in the sum insured amount, with time.
Claim reimbursement process:
The Best Health insurance for a family in India will definitely have a dedicated team to take care of the claim settlement process. Also, read a policy thoroughly to make sure you get the plan that has the easiest and fastest health insurance claim settlement process.
Cashless and planned hospitalization:
You can also enjoy cashless hospitalization benefit under a family insurance plan. Thus, it is important to check whether or not there is this provision in the plan that you are considering to buy.
In case, there is a planned hospitalization, you must be able to avail the benefit after duly intimating the Third Party Administrator.
These are some of the important features of health insurance plans in India for the family. Check every detail to make sure you buy the best Health insurance for a family in India.