10 Tips to Find the Best Health Insurer

Selecting a health insurer has never been easy. After the recent guidelines of IRDAI, considerable insurance providers have re-launched new policies with attractive policy coverage. Especially in case of health insurance, the newly launched policies have higher entry age or lifelong renewability feature. Some insurers have introduced certain in-built features such as restoration of sum insured or medical opinion feature to aid policyholders with the greatest policy benefits. By saying that, it may seek difficult to find the right type of cover or the right insurer. 

Read More

Get ₹5 Lac Health Insurance starts @ ₹200/month*
Get ₹5 Lac Health Insurance starts @ ₹200/month*
Tax Benefitup to Rs.75,000
Save up to 12.5%* on 2 Year Payment Plans
7 Lakh+ Happy Customers

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply

Get insured from the comfort of your home No medicals required
I am a

My name is

My number is

By clicking on ‘View Plans’ you, agreed to our Privacy Policy and Terms of use
I am a

My name is

My number is

Select Age

City Living in

    Popular Cities

    Do you have an existing illness or medical history?

    This helps us find plans that cover your condition and avoid claim rejection

    Get updates on WhatsApp

    What is your existing illness?

    Select all that apply

    When did you recover from Covid-19?

    Some plans are available only after a certain time

    With the growing quality healthcare expenses, having comprehensive health insurance has become the need of the hours. Thanks to the assorted means of the advertisement that make you aware of the numerous health insurers actively operational in India. While purchasing health insurance can be overwhelming, with the variety of insurers solely devoted in offering adequate services, you may feel it difficult to land on the right decision. The definitions, coverage, clauses or exclusions may cause confusion.


    In such a scenario, zeroing in on the right policy is a challenge. So, how should one go about it? In this regard, the below are certain things that will help you come to a right decision. Her’s is a sneak peek of how to go with this:

    Background of the Company

    Currently, there are 22 insurance companies who offer health insurance plans. However, these companies may differ from each other in terms of services offered. That’s why a thorough research is required at the time of zeroing down on a provider. You should consider the background of the company, how long they have been in the insurance business, types of insurance products they sell, claim settlement ratio of the company, premium and coverage offered etc. it is better to pick a provider that is solely responsible to operate their services such as Apollo Munich, Religare etc.

    Renewal Age

    Renewal age plays an important role when it comes to selecting an insurance provider. Most insurers offer policies with renewal age up to 70-80 years. Since the possibility of falling sick in your old age is higher, it is better you go for the insurer with lifelong renewal option. For instance, National Insurance renewal allows the insured to be covered for longer period. There are other insurers as well who come with a maximum renewal period. This doesn’t require the policyholder to renew a policy in the middle and you can enjoy the policy benefits for a lifetime.

    Type of Policy

    It is imperative to ensure that you only pick the adequate health cover from an insurer. You may find a policy insufficient at later years while you need it the most. Only go for the insurers that offer sufficient coverage or at per your needs. You can consider compare the insurers on basis of their offerings and select the right one with the right provider.

    Insurance Premium

    However, it should not be your only concern, there is no harm opting for an insurer who offers their plans at an affordable cost. Make sure these plans fulfil your insurance needs. it is quite obvious that you will not prefer paying an extra premium for those covers which are not sufficient. That is why opting for insurers, which offer the policies at a mid-range premium with the comprehensive cover.

    Consider Sub-Limit

    Sub-limit is especially applied to doctors consultation, room rent etc. where the insured is reimbursed up to a limit. Exceeding this, the difference will be borne by the policyholder only. That’s why you should consider an insurer with limited or no sub-limit.


    This is applicable when you apply for a health insurance policy. Some insurance company come with a co-payment clause according to which a part of the total claim has to be paid by the insured. This amount is pre-decided and especially common in the senior citizen plans. That’swhy you must opt for an insurer that comes with no co-payment or if they have to make sure it suits your pocket.

    Caps on Medical Treatment

    Some insurer also imposes limits on specific medical treatments. Simply put, childcare treatment, health-check-ups or treatment for pre-existing illnesses are activated after a certain pre-decided time period which needs to be served by the insured. Hence, it is wise to go for a plan or insurer that has least waiting period for specific illnesses.

    List of Network Hospitals

    Don’t forget to check the network hospitals of the insurer where you can avail cashless healthcare services. In case the hospital services are availed at a network hospital then the incurred expenses are settled directly by the insurer to the hospital authority. The insured can avail the facilities are free of cost. Make sure the list of network hospitals of the insurer includes your preferred hospitals that are in your vicinity.

    No Claim Bonus

    No Claim Bonus is an additional benefit offered by general insurers for not claiming the insurance policy. It can be offered either in the form of an increase in sum insured or discount of next year premium. Make sure your insurer has sufficient arrangements to provide you with the benefits of No Claim Bonus.

    Consider Pre and Post-Hospitalization Cover

    The clause for covering pre and post hospitalisation expenses may vary from insurer to insurer. Some may cover you for 30/90 days while some other may cover for lesser days. Therefore, the focus should be on the one who comes with maximum days of coverage for pre and post hospitalisation expenses.

    Wrapping it Up!

    Buying health insurance is an important decision. With a little promptness, you can surely make an informed and right decision. You should compare the insures on the basis of their offerings and buy. When you can’t avoid an unforeseen event to happen, being well-prepared is the only solution. Buy health insurance today and stay financially protected for future!

    Disclaimer : *Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

    Written By: PolicyBazaar - Updated: 30 July 2021
    Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

    Health insurance articles

    Recent Articles
    Popular Articles
    Most-Important Lessons from the Covid-19 Pandemic

    23 Sep 2021

    Not very long back, the entire world was thrown aback by a...
    Does Health Insurance Cover Preventive Health Check-ups?

    22 Sep 2021

    Every object needs to be checked regularly to identify a...
    Bid Goodbye to Seasonal Diseases during the Pandemic with 7 Basic Practices

    21 Sep 2021

    Adding to the insurmountable loss of life the ongoing COVID-19...
    What is the Survival Period in Health Insurance?

    21 Sep 2021

    The prevalence of critical diseases in India has increased...
    Health Insurance for Autoimmune Diseases in India

    16 Sep 2021

    Every human body comes with an immune system to fight against...
    Best Health Insurance Plans in India 2021
    Finding the best health insurance plan from so many different health insurance companies can get confusing for many...
    Top Maternity Insurance Plans
    Maternity or pregnancy is an important phase of life, and one needs to prepare in advance to embrace parenthood...
    Top Family Health Insurance Policies in India 2021
    From the air we breathe to the food we eat; everything is intentionally or unintentionally subjected to...
    Health Insurance Claims Ratio- Things You Should Look Before Buying Health Insurance
    There has always been a doubt in customers mind about whether the private company will keep its side of the bargain...
    Best Health Insurance Plans for Senior Citizens in 2021
    Considering the increasing percentage of medical inflation in India, it has become an absolute necessity to buy...
    Download the Policybazaar app
    to manage all your insurance needs.