10 Point Checklist for Buying Health Insurance in India

1. 10 Point Checklist for Buying Health Insurance in India www.policyadvisor.in

2. Buying a Health Insurance Policy Early CanHelp You in the Long Run- Buy a health cover as early in life as possible and definitely before you turn 40.  premium rates are low when you ensure young. As you grow old, premium rates are high as you are more venerable to several diseases and ailments. www.policyadvisor.in

3. It Is Difficult To Get the Exact Policy You Are Looking For, So Choose A Policy That Can Score 8 Out Of 10 www.policyadvisor.in

4. Assess Your Lifestyle and Health Risks Beforehand It is important to assess your health and lifestyle. If you eat too much oily food, drink alcohol or smoke a lot, you are quite prone to heart diseases..

5. Get the List Of Family Members You Want To Cover And Check Policies Accordingly www.policyadvisor.in

6. which one to choose? An individual policy or a family floater Family floater policies are widely chosen when it comes to choosing a policy. It is because in a family floater policy, one sum assured can protect each and every member of the family. www.policyadvisor.in

7. Think of the Benefits In The Long Run Before Choosing Sum Assured www.policyadvisor.in

8. Know Your Budget Limits- It is important to calculate well for your future before you invest, but do not invest much more than your budget limit. www.policyadvisor.in

9. Prefer Policies with No Capping Limits On Room Rents Over Others www.policyadvisor.in

10. Check The List Of Network Hospitals The Policy Offers You Before you go for the policy check the list of network hospitals. Check whether hospitals in and around your locality are enlisted or not www.policyadvisor.in

11. Carefully Read The Insurance Policy Wordings Before you go for the policy check the list of network hospitals. Check whether hospitals in and around your locality are enlisted or not The reason to study the policy wording is to insure that you have got what you have applied for or as promised by the insurance advisor or the insurance representative. In case you find any discrepancy in the insurance policy you can return the policy within 15 days and get your money back from the insurance company. Many insurance companies offer look in feature where you can return the policy within 15 days. The second reason to read the insurance policy carefully is to understand the exclusions and conditions in which the policy amount will be paid or will not be paid. Third important point is that the address for communication and nomination details are correct. There have been cases where agents have got the insurance forms signed by the policy applicant and filled up the correspondence address as theirs so that the reminders for premiums come to them. Please do not sign on the empty application forms, it is advisable that you yourself fill the application form and sign it.