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Things to Keep in Mind Before Buying Health Insurance in India

Posted On : 19 April 2023, 1 Years Ago. Health-Insurance
Health Insurance

Life is unpredictable, and there is no way of knowing when an unforeseen medical emergency might arise. That is why it is always wise to be prepared for all eventualities, and one of the best ways to do so is to invest in a comprehensive mediclaim policy for family.

 

A mediclaim insurance policy is an insurance plan that offers financial assistance to cover an individual's or their family's medical expenses in the event of any medical emergency. It helps cover the costs of hospitalisation, surgery, and other medical treatments. It covers ambulance costs, diagnostic tests, and even pre and post-hospitalisation charges. It also covers pre-existing diseases and maternity expenses and even provides coverage for organ donor expenses. A mediclaim policy for family also covers expenses such as ambulance charges, doctor’s fees and other medical costs.

 

Mediclaim policy for family is available in various plans and can be customised according to the family's needs. You can choose from a range of plans that offer different levels of coverage and premium amounts. These policies also provide additional benefits such as cashless hospitalisation, no-claim bonuses, and tax deductions.

 

This blog will discuss important things to remember before buying health insurance in India.

Things to Consider Before Buying a Plan

When choosing a mediclaim health insurance for a family, there are various factors to consider. First, you should consider the type of coverage your family needs. Do you need a policy that covers the entire family or just one member? Do you need a policy that covers pre-existing conditions or one that only covers new illnesses? Here are a few things to consider before buying a health plan:

 

  • Understand the Need: Health insurance is an essential financial product, but it can be costly. Therefore, it is necessary to understand your needs before buying health insurance. You should consider the type of coverage you need, what illnesses you will likely face in the future, and your budget.

 

  • Compare Plans: Once you have identified your needs, comparing different health insurance plans is essential. You should compare the features, benefits, and premiums of different health insurance plans to find the best one for you.

 

  • Check the Network: It is important to check the network of hospitals that are covered by the health insurance plan before buying it. It will help ensure that you can avail the benefits of your health insurance plan in case of an emergency.

 

  • Check the Policy Coverage: Before buying a health insurance plan, it is vital to check the policy coverage. It will help you understand what is covered under the policy and what is excluded. It is essential to ensure that the policy covers all your needs. 

 

  • Check the Claim Process: It is important to check the claim process of the health insurance plan before buying it. It will help you understand the process of claiming benefits in an emergency.

 

  • Read the Fine Print: It is important to read the fine print of the mediclaim health insurance before buying it. It will help you understand the details of the policy, such as the waiting period, exclusions, and other important information.

 

A mediclaim policy for families is a significant investment. It can provide financial assistance when you need it most, and can help protect your family’s financial security in the event of a medical emergency.  With the right policy, you can rest assured about the health of your family.

 

It is important to remember that a mediclaim policy will only provide coverage for medical expenses and does not cover any other expenses such as travel, accommodation or lost wages. Therefore, it is important to consider all your needs and budget before making a decision.


These are essential things to remember before buying a mediclaim insurance policy in India. Understanding your needs and comparing different plans is necessary before selecting the best one. Moreover, it is essential to check the network, policy coverage, and claim process of the health insurance plan before buying it.

Secure your health with comprehensive insurance plans from Nivabupa

Tell us a bit about you

Whom are you buying for ?
Myself Icon Individual
Wife Icon Husband & Wife
Family Icon Family
Enter valid name
Enter Valid DOB
OTP sent Resend OTP
otp icon
OTP Expires in
I authorize Niva Bupa to call me. This will override your existing registry in DNCR. I want to get my quote and policy details on WhatsApp.
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