After the vicious phase of Covid-19, people around the world have started understanding the value of health insurance. India and its people are no exception. Although many people know about the benefits of buying an insurance plan, they hesitate to buy one as there are many options available in the market which claim themselves as the best option available to the customers. There are literally hundreds of health insurance, and people get confused when they think of buying the best policy for themselves.
Most people focus on the premium while buying an insurance plan for their family. People tend to buy the insurance policy which offers the lowest premium. Undoubtedly, the policy premium is a very important aspect of the process. However, although it is an important factor in buying an insurance plan, it should not be the only criterion for selecting the best insurance plan for your family. Many other factors need to be considered before buying an insurance plan for the family. Without knowing the details of the best plans available, it would be the work of a fool to buy an insurance plan which they will regret in the future. If you are thinking about buying an insurance plan in the future, then you have arrived at the right place. We are going to discuss the best insurance plan present in the market after considering several factors like health insurance coverage, convenience, company goodwill, etc. Listed below are the best insurance plans that you may look forward to buying in 2023.
Contents
HDFC Ergo – My: Health Suraksha Insurance Plan
This plan of HDFC Ergo is a very simplified one, yet it is a very good insurance plan which provides customers with wholesome coverage. There is no maximum age limit for the person buying the plan. This is a very good option for people who are trying to cover senior citizens like their parents or in-laws, or some relatives. This My Suraksha Insurance Plan has three variants, named Silver Smart, Gold Smart, and Platinum Smart. The main features of all three variants remain the same. However, it is the sum insured or some certain benefits provided by a certain plan which makes them distinct.
The sum insured for the three different variants is:
- For silver smart – 3 lakhs, four lakhs, five lakhs
- For gold smart – 7.5 lakhs, ten lakhs, 15 lakhs
- For platinum smart – 20 lakhs, 25 lakhs, 50 lakhs, 75 lakhs
Now let us discuss the key features of the plan.
- No capping is charged for the room rent.
- After the renewal of the policy, you get a health check-up for free every year
- The domiciliary cover is provided
- Cover for 586 daycare procedures is also there
- The pre-hospitalization cover is for 60 days, and the post-hospitalization cover is for 180 days
- Cover for alternative treatments like AYUSH is also provided
- An additional discount of five percent upon online purchase of the plan.
- The minimum age for entry is ninety days for children and eighteen years for adults.
- Up to four adults and six children are covered.
- The claim settlement ratio is ninety-seven percent.
Care Supreme Health Insurance
Care supreme health insurance provides its customers with health and financial security through a health plan which offers unique benefits. Choosing care supreme health insurance can be the best value for your money because of the unique features available in this insurance plan. Now, let us know the key features of the care supreme health insurance plan:
- No capping is charged for the room rent.
- For the sum insured per year, a no-claim cumulative bonus of fifty percent is provided. The max cumulative bonus can go upto a hundred percent of the insured sum.
- A domiciliary cover is provided.
- The pre-hospitalization cover is provided for sixty days, and the post-hospitalization cover is for one hundred and eighty days.
- Alternative treatments like AYUSH are covered.
- Daycare procedures are covered
- A free check-up per year
- After the achievement of the set target, you may get upto a thirty percent discount on premium renewal.
- The minimum age required is 90 days for children and eighteen years for adults.
- The maximum age allowed is twenty-four years for children and sixty years for adults.
- Upto two adults and two children are allowed.
- The sum assured would be seven lakhs, ten lakhs, and fifteen lakhs.
- The claim settlement ratio is 95.2 percent.
Activ Assure Diamond Health Insurance Plan by Aditya Birla
The Activ Assure Diamond Health Insurance Plan provided by Aditya Birla Health Insurance is a very good and cost-effective insurance plan which covers all your healthcare needs in a cost-effective price range. Let us discuss the key features of this insurance plan:
- If in case the sum insured is insufficient, the sum would get reloaded by another one hundred and fifty percent for an unrelated illness.
- No capping is charged for the room rent(only for the sum insured, seven lakhs and above)
- The cumulative no-claim bonus of ten percent of the sum insured per year is ten percent which can be maximized upto fifty percent of the sum insured.
- Free annual health check-up is provided.
- 586 essential daycare treatments.
- Emergency health assistance services available worldwide
- Up To thirty percent of the premium is returned as HealthReturnsTM. You can use it to pay for diagnostic tests or renewal premiums.
- The pre-hospitalization cover is for sixty days, and the post-hospitalization cover is for sixty days.
- Cover for alternative treatments like AYUSH is provided.
- In case of accident hospitalization, a hundred percent sum insured booster is received.
- In the case of cancer also, a hundred percent sum insured booster is received.
- The minimum entry age for children is ninety-one days and eighteen years for adults.
- The maximum age for entry is sixty-five years.
- Up to two adults and three children are covered.
- The sum assured is from three lakhs to seventy-five lakhs.
- The claim settlement ratio is 94 percent.
Niva Bupa ReAssure Health Insurance
The ReAssure health insurance provided by Niva Bupa is an affordable insurance plan which makes the process of securing the health of your family painless. Listed below are some of the main features of the Niva Bupa ReAssure Health Insurance Plan.
- No capping is charged for the room rent.
- After the renewal of the policy, free health check-ups are available every year.
- The cumulative no-claim bonus for the sum insured per year is fifty percent. This can go max up to a hundred percent of the sum insured.
- A domiciliary cover is provided.
- The pre-hospitalization cover is provided for sixty days, and the post-hospitalization cover is provided for one hundred and eighty days.
- Alternative treatments like AYUSH are covered by this insurance plan.
- Daycare procedures are covered.
- The organ donor expenses are also covered.
- The base sum is reinstated as a refill benefit. This occurs after the first claim is paid on the utilization of the insured base sum.
- A discount of up to thirty percent is provided in the premium on the steps taken.
- The minimum entry age is ninety days for children and eighteen years for adults.
- The maximum entry age has no limit. A person of any age can buy the plan.
- Up to six members of the family are covered by this plan.
- The sum assured is three lakhs to one crore.
- The claim settlement ratio is 97 percent.
Star Comprehensive Health Insurance Plan
The star comprehensive health insurance plan provides not only health insurance coverage but also a disease management program that would ensure that the person lives a healthy life. This insurance plan is also one among the very few insurance plans that provide newborn and maternity care in their base plan only. This insurance plan also offers great discounts on the premium based on the wellness points achieved. The key features of this insurance plan are:
- No capping is charged for the room rent.
- There is no medical screening before acceptance.
- Hospital cash benefits are provided for up to seven days.
- All the daycare procedures are covered.
- A second medical opinion is also provided.
- A domiciliary cover is provided.
- Alternative treatments like AYUSH ( Ayurveda, Yoga and Naturopathy, Unani, Siddha, and Homeopathy) are also covered.
- The cumulative no-claim bonus for the sum insured per year is fifty percent. The cumulative no-claim bonus can be maximized up to a hundred percent of the sum insured.
- The pre-hospitalization cover is provided for sixty days, and the post-hospitalization cover is provided for ninety days.
- Childbirth and newborn coverage are also provided in this insurance plan.
- The organ donor expenses are also covered.
- Free health check-up is provided after every claim-free year to the buyer and their family.
- A discount is provided in the renewal premium based on the wellness points achieved by living a healthy lifestyle.
- The minimum entry age for children is ninety days, and the age for adults is eighteen years.
- The maximum age for entry is sixty-five years.
- Up to two adults and three children are covered.
- The sum assured is five lakhs to one crore rupees.
- The claim settlement ratio is 99.73 percent.
Conclusion
We have discussed some of the best insurance plans available in the market for your family. You can consider buying one of these family floater health insurance plans to protect your family in case of some health-related issues. The claim settlement ratio and the premium are the major factors that must be considered. However, these should not be the only criteria for choosing a good insurance plan. It would be best if you chose an insurance plan according to your requirements. Please go through all the details of the insurance plan and all the services they provide, and then choose the best for yourself. Choose the best insurance plan and protect yourself along with your family.
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