Tips to Consider Before Buying Health Insurance Policy in India

Health insurance is essentially, a way to pay for health care. In other words, it helps protects you from paying the costs of medical services in full during a medical emergency.

When you purchase health insurance policy, your health insurer agrees to provide financial assistance to pay a portion of your covered medical costs.

A financial crisis on top of a health issue can land you in a stressful situation. Buying the best health insurance plan can lessen your worries and let you focus on your health first. You must choose your health insurance policy wisely and do in-depth research to make sure that you have the best possible healthcare coverage.

Once you know what is health insurance, you should check the important tips to consider before opting for one of the best health insurance plans in India. Following are some of the important tips that you should consider while buying a health insurance plan:

Health insurance plans offer a variety of features and benefits, depending upon the choice of insurer. For example, several health plans include cancer insurance cover to help you protect yourself and your family against the life-threatening ailment. Hence, you must study every plan’s features carefully and opt for those plans that provide additional benefits over and above your base health insurance cover.

This way, you can buy the best health insurance policy, which suits your needs as well as fits into your budget. The benefits of purchasing health insurance include:

We, at Axis Max Life Insurance, offer critical illness cover that protects against 40 life-threatening diseases. You can add a critical illness cover to your term insurance plan by following these quick and easy steps:

The minimum entry age to purchase a critical illness cover is 18 years, while the maximum is 65 years. Axis Max Life Insurance offers a built-in Accelerated Critical Illness (ACI) Benefit under its term plan variant – Axis Max Life Smart Total Elite Protection (Non-Linked, Non-Participating Individual Pure Risk Life Insurance Plan; UIN: 104N125V06)

Also Read: Features & Benefits of Axis Max Life Smart Total Elite Protection Term Plan

These term plans provide comprehensive security to your loved ones in case of your early demise. With the accelerated critical illness benefit, you can also avail of financial assistance against life-threatening diseases such as heart attack or kidney failure.

To do that, it is advisable first to calculate your monthly premium payable for the desired coverage amount, using a term plan calculator.

The critical illness benefit will provide a lump sum amount to you in case of a critical illness. This way, you can take care of medical care and other miscellaneous expenses without damaging your savings