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Health insurance is essential in todayu2019s date and age and it is imperative to be adequately insured keeping in mind the increasing medical inflation and growing incidence of lifestyle diseases. Capital BlueCross provides best health insurance in pa. To know more, please visit here: https://economictimes.indiatimes.com/wealth/insure/how-to-choose-the-right-health-insurance-policy/articleshow/66586807.cms?from=mdr
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Important Points For Building A Health Insurance Portfolio Family cover: If you have a large family, buying individual covers make little sense given the cost implications. Instead go for a family floater plan as it turns out to be cost-effective. Sufficient Sum Insured: In the wake of rapid medical inflation, one should go for a higher sum insured of at least Rs 10-15 lakh so that there is sufficient cover at the time of any medical emergency. Services: Claim settlement experience of a company is an important factor. It is important to check the insurance providers past claim settlement experience. Inclusions and Exclusions: Be well-versed with the inclusions and exclusions of the policy. There are certain medical conditions which are not covered under a standard health insurance policy. Specific needs: There are various kinds of insurance covers available. One should be astute about picking the right features in line with one’s lifecycle. Waiting period and pre-existing disease disclosures: In case a customer is suffering from a pre-existing disease then the waiting periods should be compared across products. Versatility of product: It is advised to go for products that offer a wellness- linked advantage and have been scientifically designed to keep consumers healthy. Cost vs value proposition: Lastly, always pick the right policy for yourself basis cost vs value proposition. Don’t just look at the premium paid for the policy but the overall value being offered. Source: www.moneycontrol.com w w w . c a p b l u e c r o s s . c o m