Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.


Thank you for
taking the pledge

But the job is not done yet!
Vote for the deserving candidate this year.

Check your mail to know more


Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
2-min read

Buying Health Insurance: 6 Points to Consider

Given the number of Health Insurance plans available in the market, it is prudent to consider certain points when you are buying health insurance.

News18 Specials

Updated:July 19, 2017, 10:11 PM IST
Buying Health Insurance: 6 Points to Consider
Image for representation only.
The world is moving at a fast pace and life is stressful. No wonder terms like 'lifestyle diseases' have been coined. In such a scenario, the need of a health insurance plan for yourself, your family and your loved ones cannot be ruled out. However, given the number of Health Insurance plans available in the market, it is prudent to consider certain points when buying health insurance.

Go for Family Floater Plans

Prefer health insurance plans for the entire family as opposed to plans for individuals. If you are single then you can opt for Individual Health Insurance Plans however if you are living with your parents or you are married then your entire family can be protected under the umbrella of family floater insurance plans. These policies come with low premiums but cover your entire family.

High Claim Settlement Ratio

Choose a health insurance plan from an insurance provider that has a high claim settlement ratio i.e. the ratio of claims settled against the total claims received by the company. Go for a company that has a high claim settlement ratio so as to avoid rejection of claims on petty grounds.

Pick Practical Sum Insured

It is wise not only to pick an appropriate Sum Insured according to your age but also opt for a plan that provides high Sum Insured as well as Renewal Benefits on Sum Insured. If you are young and buying health insurance for a small family, go for moderate Sum Insured as it will reduce your Premium. Similarly, if you are buying health insurance with your parents then you must opt for higher Sum Insured.

Pre-Existing Diseases

The Health Insurance plans come with a set guideline for certain diseases that are not covered for a certain lock-up period (2-4 years) if these diseases are pre-existing at the time of buying health insurance plan. If you are covering your parents, then you must go for health insurance plans that have low Pre-Existing diseases lock-up time.


There are many policies that exclude many diseases and treatments for various health conditions like cataract, gastric ulcers, obesity, HIV/AIDS, joint replacement, dental treatments, pregnancy etc. It is better to directly ask the policy agent as well as read the policy terms and conditions carefully in context with exclusions so that you can opt for health insurance plan that comes with minimum exclusions.


Always be open to a variety of options and compare the health insurance plans available in the market based on premium, accidental coverage, network of hospitals, limitations on Room Rent, Day-Care Treatment, etc.
| Edited by: Bijaya Das
Read full article
Next Story
Next Story

Also Watch

T&C Apply. ARN EU/04/19/13626

Live TV

Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results