New to health insurance? start here
Buying health insurance for the first time can be confusing. But understanding a few key terms, features and options to choose can help you choose the right plan.
Sum InsuredSum Insured - Choose the right coverage amount
The sum insured is the maximum amount your insurance will pay for medical expenses in a year.
When choosing coverage, think about:
ExampleIn metro cities like Mumbai, Delhi or Bangalore, a single hospitalization can drain your long-term savings.
₹15–20 lakh
Good starting point for families in metro cities
₹8–10 lakh
Suitable cover for smaller cities
Note: Medical costs increase every year, so choosing a higher cover today can protect you in the future.
In case you prefer face to face expert guidance.
Don't worry, we’ve got you covered.
Important features your plan should have
Some features are essential in most good health insurance plans.
Must-have features
- Cashless treatment at network hospitals
- Coverage for expenses before and after hospitalization
- Coverage for day-care procedures (treatments that don't need 24-hour admission)
- No restrictions on room rent
Useful as per needs
- Maternity and newborn cover / vaccinations
- Critical illness cover
- OPD consultations
Good to have
- Free annual health check-ups
- Wellness rewards and discounts
- Restoration benefit of coverage if the sum insured gets exhausted
Co-pay & DeductibleUnderstanding co-payment and deductible
These are two terms that affect how much you pay during a claim.
Co-payment
You pay a fixed percentage of the hospital bill.
ExampleIf your bill is â‚ą10 lakh and your co-pay is 20%
Deductible
You pay a fixed amount first, and insurance pays the rest.
ExampleIf your deductible is â‚ą1 lakh and the bill is â‚ą5 lakh
Common mistakesCommon mistakes first-time buyers make
Avoid these common mistakes when buying health insurance online:
ChecklistQuick checklist before buying
Before purchasing a plan, check these important points:
Coverage & Benefits
Coverage amount suitable for your city and familyList of network hospitals near youWhat is covered and what is excludedClaims & Access
List of network hospitals near youClaim settlement record of the insurerWaiting period for existing illnesses
Top-upWhy top-up plans can be useful
Medical treatments can sometimes cost much more than your base coverage. Top-up or Super Top-up plans increase your protection at a low cost.
If your bill is â‚ą10 lakh and your co-pay is 20%
ExampleIf your deductible is â‚ą1 lakh and the bill is â‚ą5 lakh
Extra benefitsExtra benefits many people overlook
Many health insurance plans also offer additional benefits such as:
Cashless claimsHow cashless claims work
A cashless claim means you don't have to pay the full hospital bill upfront.
Now that you know about health insurance, let’s play a game
Explore real scenario and decide what’s right or wrong—before you choose a plan
Network hospitalsCheck the network hospitals
Before buying a plan, check the network hospitals in your city.
