
The Covid-19 pandemic made us realise the importance of health insurance in a way like never before

Hospital cash policy brings down expenses during treatment, as it covers some of the expenses which are not covered by health insurance or mediclaim.

Insurance experts say that one should buy a policy from a company whose claim settlement record is more than 95%.

While buying the right insurance policy is important, it is equally essential to buy an adequate risk cover.

Co-payment gives you an option to reduce your health insurance premium by agreeing to pay a certain percentage of hospital bills at the time of claim.

Here are a few points to consider before buying a health insurance policy.

For the extensive coverage, however, it is advisable to buy a comprehensive health insurance policy as the first layer of protection.

IRDAI has permitted all insurers to offer and renew covid specific health insurance policies up to March 31,2022.

Insurance companies decide on the basis of their bandwidth and capacity on whether they need external help to process claims raised by their customers

It is important to note that critical illness plans provide an extra layer to your health cover. The first layer should be a basic insurance policy.