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Best health insurance for 1 cr sum insured

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Published on May 27, 2021. EST READ Time: 4 minutes

A medical emergency may arise at any time and call for timely treatment. This is when having a health insurance policy helps. When you have a health plan, you can avail quality treatment, without worrying about the hospital bills. While the ongoing COVID-19 pandemic has increased the significance of health insurance, having an adequate health insurance policy is important for other contagious and life-threatening diseases as well.

Although more people are buying family health insurance coverage for themselves and their loved ones, they often fail to choose the right sum insured. Most policyholders, especially middle-class households, take health insurance for about 7 lakhs to 10 lakhs. Although this amount may be enough for certain medical conditions, there may be times when you will be forced to spend a larger amount.

In case there are multiple hospitalisations in the family due to the COVID-19 pandemic or any other health condition, the hospital bills will burn your savings in no time. Considering these probable scenarios, it is wiser to do some research or take help from experts to decide on the right sum insured.

Why should you take one crore health insurance?

If you and your loved ones enjoy good health, but there is a family history of illness, taking a one crore health plan at an early age is a smart way to secure your future. An adequate health insurance policy comes in handy in case of a critical illness that requires long-term hospitalization The rising medical costs in India make it important to take sufficient health cover that can meet:

1. Cancer treatment expenses:  The cost of cancer treatment and drugs can burn your savings in no time. However, if you have one crore health plan, you can access quality healthcare as your insurer will meet the hospitalization and treatment expenses. This includes the cost of surgery, chemotherapy, radiotherapy, and more.

2. Cost of organ transplantation:  These costs may go up to several lakhs, but you need not worry if you have a sufficient health plan.

3. Cost of a Major surgery and treatment of a Major illness:  In case you or covered family members have to undergo any major surgery like the Heart bypass surgery, having one crore health plan will help you meet these high cost Treatment expenses

Apart from these, the cost of dialysis in Renal failure cases, all other major surgeries, and other life-threatening diseases can quickly extinguish your savings if you do not have adequate family health insurance. 

my:Health Koti Suraksha – The 1 crore health insurance policy

my:health Koti Suraksha is the best policy that you must consider in this present scenario . This is the INR 50 lakhs and INR 1 crore health insurance policy that is meant to provide complete peace of mind to policyholders. There are numerous reasons why this plan is the best-in-class health insurance offering:

• This plan covers your hospitalisation expenses, including cover for COVID-19.

• This is one of the very few plans to offer unlimited day care procedures.

• Pre-hospitalisation cover of 60 days and post-hospitalisation cover of 180 days is another feature.

• This is a policy, which benefits you for staying fit by offering up to 10 per cent discount on renewals under my:health Active .

• Long-term policy purchase for 3 years tenure also provides you 10 per cent discount.

• This policy also covers the cost of treatment through alternative systems of medicine*.

Conclusion

my:health Koti Suraksha is not only offering a considerable sum insured but also comes  with many other benefits. You can get it by paying pocket-friendly premiums and that too in easy instalments. Along with COVID-19 treatment, my:health Koti Suraksha policy has been designed to cover other Major  illnesses and major surgeries. You can also opt for  a family floater plan of one crore.

Disclaimer: The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before concluding the sales

Terms and conditions apply *Alternative treatment covered up to Rs 50,000 under Platinum Plan. HDFC ERGO General Insurance Company Limited. Registered & Corporate Office: 1st Floor, HDFC House, 165-166 Backbay Reclamation, H. T. Parekh Marg, Churchgate, Mumbai – 400 020. Trade Logo displayed above belongs to HDFC LTD and ERGO International AG and used by HDFC ERGO General Insurance Company Limited under license. For more details on the risk factors, terms and conditions, please read the sales brochure/prospectus before concluding the sale. UIN: my:health Koti Suraksha - HDFHLIP21131V012021 IRDAI Reg. No.146 CIN: U66030MH2007PLC177117. UID N o. D2 89