Unlike a corporate cover, an independent policy is ordinarily renewable for life

You can claim hospital expenses through multiple insurance policies if individual covers, on their own, are inadequate

You can switch to a personal, individual policy without having to serve the waiting period for pre-existing diseases all over again

Look for a regular cover first, but if it is not issued or if premiums are too high, explore dedicated policies

Insurers may find these Rs 1 crore health policies unviable and hike premiums steeply later

These new products will certainly be useful for those without cover and for senior citizens

Many COVID-related claims were rejected by health insurers. Some of the reasons cited were unjustified and customers are locked in disputes with insurers.

A critical illness policy is a defined benefit plan that gives you back your entire sum assured once you are detected by any of the critical illness that your policy covers.

It takes aggregate claims made during the year into account