Health Insurance Plans
We help you explore health insurance options based on your healthcare needs, family requirements, coverage preferences, and budget.
Health Insurance Features
Hospitalization Cover
Get financial protection for eligible hospitalization expenses
Family Protection
Explore plans that can provide coverage for you and your family members.
Coverage Options
Choose a plan based on your medical needs and protection preference.
Cashless Treatment
Eligible treatment at network hospitals may be available through a cashless claim facility.
What is Health Insurance?
Health insurance is a financial protection plan that helps cover eligible medical expenses according to the terms of the policy.
Depending on the plan, coverage may include hospitalization, surgeries, diagnostic tests, doctor consultations, medicines, ambulance services, and other healthcare expenses.
The actual coverage, limits, waiting periods, exclusions, and claim conditions vary from one policy to another. It is important to read the policy documents before choosing a plan.
Why Consider Health Insurance?
Healthcare costs can rise quickly, particularly during hospitalization or major treatment. Health insurance can help you manage these expenses without using a large portion of your savings.
Some key advantages include:
- Helps manage unexpected medical expenses
- Provides financial support for eligible hospitalization costs
- Can protect your savings from large healthcare bills
- Offers access to network hospitals under applicable cashless facilities
Types of Health Insurance
Individual Health Insurance
An individual health plan provides medical coverage for one insured person. It can be suitable for individuals who want dedicated health coverage.
Family Floater Health Insurance
A family floater policy provides a shared sum insured for covered family members under one policy, subject to the applicable terms.
Senior Citizen Health Insurance
These plans are designed specifically for older individuals and may offer coverage suited to their healthcare requirements.
Critical Illness Insurance
Critical illness plans provide a specified benefit when the insured is diagnosed with a covered critical illness, subject to the policy conditions.
Group Health Insurance
Group health insurance provides medical coverage to a defined group, such as employees of an organization, under the terms of the group policy.
Top-Up Health Insurance
A top-up plan can provide additional coverage after the applicable deductible is crossed. The exact structure varies by policy.
Who Should Consider Health Insurance?
Health insurance can be useful for:
- Working professionals
- Self-employed individuals
- Families with children
- Senior citizens
- Newly married couples
- Individuals without employer-provided health coverage
- People looking for additional protection beyond an existing policy
How Does Health Insurance Work?
The process is generally straightforward:
Select a plan
Choose coverage based on your healthcare requirements and budget.
Pay the premium
You pay the applicable premium to keep the policy active.
Receive medical treatment
If you require treatment, use the benefits available under your policy.
Choose appropriate claim process
For cashless treatment, visit a network hospital. For reimbursement, pay the expenses first and submit the required documents to your insurer.
Claim assessment
The insurer reviews the claim according to the policy terms before approving or rejecting the applicable claim amount.
Important Health Insurance Terms
Sum Insured
The maximum coverage amount available under the policy, subject to its terms.
Premium
The amount you pay to keep your health insurance policy active.
Cashless Claim
A facility where eligible medical expenses are settled with the network hospital according to the insurer's process and policy terms.
Reimbursement Claim
A claim where the insured pays eligible treatment expenses and later submits the required documents for reimbursement.
Waiting Period
A specified period during which certain conditions or treatments may not be covered.
Pre-existing Disease
A medical condition that existed before the policy was purchased, as defined by the applicable policy terms.
Co-Payment
A percentage or fixed portion of an eligible medical expense that the policyholder may have to pay.
Exclusion
A treatment, condition, or situation that is not covered by the policy.
Frequently asked questions:
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Why should I have health insurance?
Health insurance can help manage eligible medical expenses and reduce the financial impact of unexpected healthcare costs.
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Does health insurance cover all medical expenses?
No. Coverage depends on the policy. Certain treatments, conditions, expenses, or situations may have exclusions, limits, or waiting periods.
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What is a cashless health insurance claim?
Under a cashless facility, eligible treatment expenses may be settled directly between the insurer and a network hospital, subject to approval and policy conditions.
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What is a reimbursement claim?
In a reimbursement claim, you generally pay the eligible medical expenses first and then submit the required documents to the insurer for assessment and reimbursement.
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Are pre-existing diseases covered?
Some policies cover pre-existing diseases after a specified waiting period. The exact conditions depend on the policy you select.
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What is a waiting period?
A waiting period is the time you may need to wait before certain treatments or conditions become eligible for coverage.
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Can I add my family members to health insurance?
Depending on the product, you may be able to cover family members through an individual or family-oriented health insurance plan.
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Can I get tax benefits on health insurance?
Health insurance premiums may qualify for tax benefits under applicable Indian tax laws. Eligibility depends on the prevailing tax rules and your individual circumstances.
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