When it comes to selecting the best health insurance in India, there is no one-size-fits-all answer. It entirely depends on your needs, budget and preferences. There are various factors to consider while selecting the right health insurance policy and to make an informed decision, research is key.
Here is a list of things to consider while selecting the right health insurance policy in India:
Coverage: This is one of the most important factors to consider while selecting health insurance. Choose a plan which provides comprehensive coverage with few exclusions and sublimits.
Network Hospitals: Make sure the health insurer offers a comprehensive list of network hospitals.
Claim Settlement Ratio: The claim settlement ratio is the ratio of the number of claims settled efficiently to the total number of claims received. Choose an insurance provider with a higher claim settlement ratio to ensure hassle-free claim settlement.
Add-on Riders: Riders add to the scope of coverage and enhance the scope of protection. Choose the ones which are suitable for you and your family's needs.
Price: Price should not be the only decisive factor. Shop around, compare and research to choose the right health insurance policy.
Though there is no one perfect health insurance provider in India, customers can choose an insurance policy that best meets their needs. Bajaj Allianz Health Insurance is a well-known health insurance provider and was rated among the best health insurers in India by Dun & Bradstreet (https://www.moneycontrol.com/news/business/personal-finance/best-health-insurance-plans-in-india-3173131.html). They offer comprehensive plans that are easy to understand and provide ample coverage.
We hope this helps you find the right health insurance policy for you and your family.