Health Insurance Policies

Here are points to consider prior to selecting your health insurance policy:
• Coverage type – individual (covering one person), family floater (covering a family) or group (covering a group)
• Coverage amount – consider growth in medical expenses from current level
• Network hospital – make sure that your preferred hospitals are covered
• Room rent or sub-limits – this would be an in important criteria during hospitalisation, so make sure you understand the details

Exclusions in health insurance policy:
Health insurance policies generally have exclusions, including the following
• Waiting period for specific ailments and pre-existing conditions
• Non-medical expenses – including registration charges
• Non admissible causes – alcohol, drug abuse, adventure sports
• Restrictions included in policy clauses – unproven medical procedure

Always compare features and premiums from multiple insurance companies to make sure you get the best coverage for your premium.