5 Features Of Health Plan You Should Check Before Buying

The Health insurance plans available in India these days are very good and comprehensive in nature. They are also very affordable and so many people invest in these plans. If you are looking to get a Health plan too, make sure you compare Health policy online and then make a selection. However, before you carry out the online Health plan compare process, make sure you understand the basics of Health insurance. This will help you to choose the best cover in no time. Take a look at this article to know more about Health insurance and its features.

1. High Cover at Low Cost

The coverage available under a Health life plan is very high and comprehensive. You can get covers that go up in crores. Getting a large cover is helpful as then the financial wellness of your family remains secured in the best possible way. Also, Health plans are very inexpensive so it becomes easy for you to find a good cover at a good rate. To ensure you find the best quotes, you should compare insurance policy before making a purchase.  

2. Flexible Duration

Another interesting feature you would notice when you follow the online Health plan compare process is that you get to choose from flexible policy tenure options. Everyone has different requirements from Health insurance and this is precisely why you get to select the duration for which you get the Health cover. Depending on what your needs are, you can choose to stay covered for as short a period of 5 years or as long a period as 30 years. Assess your needs and then choose the policy period carefully. 

3. No Return Component

A very important Health insurance feature is that there is no return component available. Health insurance offers a pure life cover. If you die within the policy period, your family gets the death benefit. But if you outlive the policy period, there is nothing to expect in return. Keep this in mind when you compare Health policy online and purchase the same.

4. Multiple Payout Options

There are multiple payout options for the death benefit. Choose the correct option carefully, based on the needs of your family. You can choose a lump sum payout option where the entire coverage amount is paid in one go. Else, you can opt for the staggered payout option where the sum assured is broken up into instalments. 

5. Different Types of Cover

Health insurance is available in different forms such as the increasing cover, the decreasing cover, the level cover and the TROP. go over the clauses and choose the type of Health insurance that would be of best use to you and your family.

Now that you know more about the best health insurance, go ahead and compare insurance policy and then make a suitable purchase. It is very easy to compare Health policy online so do not skip this step. Also, when you start the online Health plan compare process, ensure you remember the features mentioned above as doing so will help you to find and locate the policy that would be of the greatest use to you.