Competition in the health insurance sector brings a win-win situation for the customers. Health insurance companies try their best to offer exclusive policies to increase their happy customers. However, Indian customers become rational now and spend their money wisely. So, if you are also one of the prospective health insurance buyers looking for medical insurance plans in India, here are few crucial things you should know:

Avoid Over Influence: It’s your money, your family, and your healthcare needs, so do not make the decision based on influence or recommendations. Medical conditions vary from family to family; opt for the plan that gives you and your family maximum benefits.

Consider Medical History: Always opt for the plan considering your past medical history. If you or any of your family member has pre-existing diseases, look for the policy that gives coverage for the same.

Do Not Hide Medical Conditions: Hiding your current medical conditions or pre-existing diseases can result in claim rejection. So, if you want to make the best out of your medical insurance plans, disclose all the required details.

COVID-19 Cover: COVID-19gives goosebumps. Good companies offer COVID-19 treatment coverage under the policy that gives you peace of mind. Look for the policy terms and conditions for coronavirus treatment carefully.

Go for Higher CSR: If you want to know the health insurance company’s credibility, check its CSR(Claim Settlement Ratio). It is generally mentioned on the company’s official website. Opt for the one that has higher CSR for smooth and timely claim settlement.

Compare Premium: When you buy medical insurance online, you get the advantage of calculating and compare the premium of different plans. So, you can choose the policy that won’t burden your monthly budget.

Look for Discounts: The best way to lower your premium amount is discount. Leading companies like Care Health Insurance offering up to 20% online discount these days. Visit its official website to check more details and grab it now.

EMI Option: It is a big sigh of relief for the people who have several financial responsibilities. You can opt for the medical insurance plans in India on EMI as well. Pay the premium on a monthly, quarterly, or yearly basis.

Go for Maximum Coverage: Go for the plan that gives you maximum coverage, including hospitalization, medication, diagnosis, OPD, and treatment costs for critical illnesses, chronic diseases, lifestyle diseases, etc., along with AYUSH treatment, robotic surgeries, and more.

Check Exclusions: These are the treatments/diseases/procedures/conditions that are not admissible under the policy coverage. Opt for the policy with minimal exclusions to ensure hassle-free claim settlement.

Read Sales Literature: When you buy medical insurance online, you get a chance to go through the plans’ details. So, never skip reading the sales literature and fine prints of the policy to avoid last-minute chaos.

Top Health Insurance Companies Offer Medical Insurance Plans in India

These are the top players in the industry offering customized health policies:

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So, do not make your decision in a hurry. After all, it is a matter of your health and wealth. Take your time, go through the above points and make an informed decision while buying medical insurance plans to stay in the pinkest of your health.