4 Best Individual Health Insurance Plan Offered by HDFC Ergo
‘Health is wealth’ could be the highly shared quote, especially after the covid19 pandemic, as it has taught the importance of personal health to the entire world. However, the treatments are painful, but the rising costs of healthcare also scare many from entering the hospital premises. While you must care about your family’s health with a family health insurance plan, an individual health insurance policy acts as the perfect vehicle to protect yourself against future health complications and covers you from high healthcare spending.
Ranjan Kumar is just out of college and is eagerly waiting to join his dream company, which he got selected through college placement. He is getting ready by making plans and organizing things for his future job. During a discussion with his father, he came to know about the need to buy individual health insurance, as he cannot share his dad’s family health insurance. Being a single male who now started earning, he felt it a big privilege to have his health insurance plan and started researching on individual mediclaim policy, health insurance top-ups, sum insured, etc.
With a little help from his father, Ranjan could shortlist the best health insurance plan he intended to buy on receiving his first salary. As a result, he now feels like a responsible, mature adult as he has taken care of his healthcare needs.
Why individual health policies?
While there are different types of health insurance plans available in India, they can be broadly divided into – family floater plans and individual plans. A family floater plan secures the health of a family, including spouses, dependent children, and dependent parents. There is a single sum assured, which is shared by all the members of the family.
A single policy health insurance is the opposite of a family floater plan. As the name suggests, an individual health plan is purchased for an individual. The plan has a fixed sum insured, up to which the insurer will cover the healthcare costs of the policyholder.
HDFC Ergo Health Insurance: With over 1.5 crore policyholders, HDFC Ergo is one of India’s leading non-life insurance companies, operating for the past 18 years. Among their various insurance products, the HDFC Ergo health insurance plans are quite popular in the country, with a 97% claim settlement ratio. Also, they have more than 10,000 hospitals in their network where their policyholders can avail cashless hospitalization.
Curious to know their portfolio? Then
4 Best HDFC Ergo Individual Health Insurance Plans for 2021
Let’s take a look at HDFC Ergo individual health insurance plans and their features to understand better.
1. Optima Secure Plan
This is individual health insurance recently launched by the HDFC Ergo health insurance company that offers ranging from Rs 5 lacs to 2 crores. The unique benefit of this plan – 2X coverage allows doubling of your coverage without any increase in the premiums. It also provides a 100% increase in coverage at the time of every policy renewal. In addition, the policy restores the coverage to its base value after claiming in a particular year. They also provide discounts on premiums by buying this policy online, adding 2 or more members in a single policy, and paying the premium in advance.
2. Optima Restore
This HDFC ergo health insurance policy comes with the unique benefit of restoring the sum insured on partial or complete utilization of the health cover for your future needs. With the cover ranging from 5 lacs to 50 lacs. If you do not file for a claim even once in the claim year, renewal incentives of up to 100% cover enhancement are provided as no claim bonus. For better planning of your hospitalization needs, the plan provides complete coverage for 60 days prior & 180 days post your hospitalization.
3. My Health Suraksha
This new health plan from HDFC ergo assures you 360-degree protection against soaring medical expenses and comes with a coverage of health cover ranging from 3 lacs to 5 lacs. Some of the key features of this individual health insurance plan are No medical test up to the age of 45 years, Free preventive health checkups, cumulative bonuses for no-claim years. The policy allows you to get cashless home health care on a doctor’s prescription. The coverage includes day-care procedures, Ayush treatments, and mental health treatment.
4. My Health Medisure Super Top-Up
If your existing personal health insurance is insufficient, this HDFC ergo health plan would be your best choice, as it offers high coverage at a relatively low premium. Even if it involves patient hospitalization or OPD procedures, this plan covers it all, along with pre & post-hospitalization expenses. The plan provides coverage for the entire family, including parents, in-laws, niece, nephew, spouse, and kids, making it one of a kind policy. You need not worry about increasing premiums during old age, as this HDFC ergo health insurance plan will levy constant premiums from the age of 61 years.
There are many different insurance plans to choose such as HDFC ergo family health insurance, HDFC ergo group health insurance, etc. Still, the above individual health plans serve a bigger need to enhance your health insurance coverage, which is highly necessary during the current times. So, make yourself aware of the features of each while assessing your requirements and health conditions. You may be looking for the best health policy in India, but all health insurance policies have similar features, and as a decision-maker, you need to be clear on what you want from a health plan. For the HDFC ergo health insurance premium, you may also refer to their official website and get the required quotes to help you plan your finances accordingly.
Unlike other plans, where you may need to consider the needs of others, HDFC ergo health insurance policy plans are individual-specific, where you should have a better idea of the type of insurance you require for the future as an investment in health never goes to waste.