Tap to Call

How to get a Health Insurance cover of 1CR at just Rs. 12000/- Per year for Self , Spouse & 1 child with eldest member’s age as 34.

How to get a Health Insurance cover of 1CR at just Rs. 12000

There are a lot of new inventions in the health care sector with developments in science & technology. Robotic surgeries are soon going to be a common process of treatment in the future. It will be possible that the doctor or the specialists need not be physically present with the patient. There will be less pain and less loss of blood. But these facilities would cost very high. Cancer treatment is going to cost more than 70 Lakhs. The risk of such chronic diseases & accidents is increasing every day. It’s very important that we should be prepared to avail of these benefits in the future. The only way is – opting for adequate health insurance.

Today as per the emerging needs, health insurers are also coming up with an advanced level of coverage options. Hence it is possible to have a sum insured of Rs. 1 CR in less than INR 12000/- per year for a family of Self, Spouse, and 1 child. Let’s see how:
Before Selecting a plan we should make sure that there is no room rent capping or co-pay.
Here is a suggestion for such plans for maximum coverage at the lowest possible premium. (All premiums mentioned below are including GST).

Buy two different health policies as mentioned below.

1) Health Insurance cover from GoDigit General Insurance.
Sum Insured: 10 Lakhs
Premium: INR 10111/-
Consider this as the BASE Policy.

2) Buy a Super Top-Up policy from Liberty Health Insurance.
Sum Insured: 1 CR
Deductible: 10 Lakhs
Premium: INR 1752/-

Total Sum Insured as of now is
10 Lakhs under the base policy
And next 1 CR as Top-up
Total Premium is INR 11863/-

The Sum insured will be 1.1 Crore and will increase by 10% in both the policies for every claim-free year.
Similarly

Case 2: Self, Spouse and 2 children, eldest Member’s age below 34:
10 Lakhs Sum Insured Base Policy from Go digit: INR 12012/-
Super Top-up policy from Liberty with
Sum Insured 1 CR and deductible as 10 Lakhs: INR 1649/-
Total Premium: INR 13,661/-

Case 3: Self, Spouse and 2 children, Eldest Member age 44:
10 Lakhs Sum Insured Base Policy from Go digit: INR 16239/-
Super Top-up policy from Liberty with
Sum Insured 1 CR and deductible as 10 Lakhs: INR 1812/-
Total Premium: INR 18051/-

Case 4: Individual Health Insurance for age 44:
10 Lakhs Sum Insured Base Policy from Go digit: INR 7300/-
Super Top-up policy from Liberty with
Sum Insured 1 CR and deductible as 10 Lakhs: INR 959/-
Total Premium: INR 9573/-

Case 5; Couple with eldest member’s age 29:
10 Lakhs Sum Insured Base Policy from Go digit: INR 7708/-
Super Top-up policy from Liberty with
Sum Insured 1 CR and deductible as 10 Lakhs: INR 1168/-
Total Premium: INR 8876/-

Case 6: Individual Health Insurance for age 25:
10 Lakhs Sum Insured Base Policy from Go digit: INR 4484/-
Super Top-up policy from Liberty with
Sum Insured 1 CR and deductible as 10 Lakhs: INR 687/-
Total Premium: INR 5571/-

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright ©2020 | Ethika Insurance Broking. All rights reserved.