Everything is getting expensive by the day, and so are the medical bills. We cannot predict our health emergencies but we can surely keep an emergency fund ready. What if even the emergency fund you have is not enough for the medical treatment you have to undergo? To deal with one such situation, you can opt for a health insurance policy. When you have a health insurance plan that suits your requirements and is within your budget, you can claim the coverage when you need it. There is no need of suffering from an illness since you can use the policy. And to make things even smoother, you can opt for a cashless health insurance plan. As you use one such health plan, you can get hospitalized in a network hospital of your insurance provider and get the required treatment. Once you are hospitalized, you can inform your insurance provider at the earliest. As your treatment is over, the insurer will settle the bill with the hospital. There is no need for you to intervene in it. However, if the treatment exceeded your coverage amount, in that case, you have to pay the rest of the money from your pocket.
While we are discussing health insurance companies and their plans, we should also pay heed to standalone health insurance companies. These companies offer only health and travel insurance plans. Currently, there are only five standalone health insurance companies in the country. These are all privately owned and offer personal accident insurance, health insurance, and travel insurance plans. Let us talk about some of them today here.
Care Health Insurance Limited
This insurance provider comes with various health and travel insurance products for individuals, families, and corporates. The plans offered by Care Health Insurance Limited include:
Care
It is a health insurance plan targeted at families. It provides comprehensive coverage benefits with inbuilt and optional, and the sum insured goes up to INR 6 Crores.
Care Heart
It is a health insurance plan that covers pre-existing heart illnesses and treatment of complete knee replacement along with the benefits of automatic recharge.
Care Senior
It is a health plan for senior citizens and offers comprehensive coverage at reasonable rates.
Max Bupa Health Insurance Company Limited
Awarded as ‘The Best Health Insurance Company in India’ by The Economic Times Best Brands, 2019 awards, Max Bupa Health Insurance is certainly considered one of the best insurance companies in India. They promise 30-minutes of cashless claim processing that help in easy claim settlements. Here are some plans offered by this insurance company.
Health Companion
Health Companion provides coverage for up to 19 relationships and also offers customization through various add-on benefits.
Senior First
It is a customized health insurance plan made for senior citizens and is available in options such as gold and platinum plan.
CritiCare
This health insurance policy provides protection to you and your family against 20 major critical diseases along with renewal benefits.
Aditya Birla Health Insurance Company Limited
Aditya Birla is also one of the most trusted health insurance companies in the country has more than 8200 network hospitals and those hospitals are present in more than 2500 cities. The plans offered by them include:
Activ Assure+ Super Health Top-up
This health insurance plan provides large coverage at an affordable premium that covers hospital costs up to INR 1 Crore.
Activ Care- Senior Citizen
This health plan is for senior citizens and comes in three varieties with coaching, comprehensive health checkup, and several benefits.
Activ Secure- Critical Illness
This is a critical illness health insurance plan that comes with three critical illness plan options. The plan provides protection against 20, 50, or 64 critical illnesses.
if you want to gather more information on standalone health insurance providers in India, you must take a look at the IIFL website.
