Popular Individual Health Insurance Plans In India

Published On Apr 07, 2021 5:30 AM By KANIKA WADHWA

Health insurance plans are a necessity in today’s world, as rising medical costs claim a large portion of our savings. Generally, health insurances can broadly be divided into two categories, an individual health insurance plan and a family floater cover. As the names suggest, individual health insurance plans are offered for a single individual, especially for single, working professionals; whereas family floater plans are designed to cover all family members. If you belong to the former category then this article will help you to find out the best individual insurance plans in India.

Popular Individual Health Insurance Plans In India

The following are a list of popular health insurance plans in India.

Individual Health Insurance Plans Notable Feature
ICICI Lombard Personal Protect Insurance Plan No medical tests required
Bajaj Allianz Individual Health Guard Plan Cashless treatment at 3,700 + hospitals
Oriental Health Insurance Individual Mediclaim Plan Coverage for surgical fees, ambulance charges as well asconsultations
Star Health Insurance Medi Classic Insurance Plan Coverage for Homeopathic, Ayurvedic and Unani medical treatments
  • ICICI Lombard Personal Protect Insurance Plan

This plan is an ideal individual health plan where you can choose between an accidental death or a permanent total disability cover between INR 3 Lakh to INR 25 Lakh. It does not require the policyholder to undergo a medical test and comes with an easy claim process with menial documentation. It is available for all individuals between the age of 18 to 60 years with a policy term of 1 to 5 years. Interestingly, it also offers an attractive coverage of bodily injuries or death caused due to acts of terrorism that is applicable worldwide.

  • Bajaj Allianz Individual Health Guard Plan

This plan covers all your medical finances adequately with a hospitalization cover, including a cashless treatment facility in more than 3,700 hospitals across the country. With both pre and post hospitalization charges, it covers ambulance charges upto INR 1000 as well. It offers a sum assured amount of INR 1.5 Lakh to INR 10 Lakh for any individual between the age of 3 months to 55 years and for a person aged between 56 years and 60 years, it increases to a minimum of INR 5 Lakh. The plan comprehensively covers 140 day care procedures and is applicable for any individual qualifying the eligibility age.

  • Oriental Health Insurance Individual Mediclaim Plan

This policy covers cashless hospitalization, a reimbursement of pre and post hospitalization charges and a sum assured amount ranging between INR 50,000 to INR 5 Lakh. Along with this, it also includes the reimbursement of hospital room rent and nursing fees at 1% of the total sum insured. Surgical fees, ambulance charges and consultations are all covered under this plan and if the individual needs to be hospitalised under ICU, the charges of the same will be borne at 2% of the sum assured.

  • Star Health Insurance Medi Classic Insurance Plan

This insurance plan offers protection for in-patient hospitalization for a minimum period of 24 hours and incorporates the payment of surgeries, consultation and treatment charges. With a sum insured amount ranging between INR 3 lakh to INR 25 lakh, this plan also includes the refund of ambulance charges in times of an emergency. It also includes the cost of medical equipment such as a pacemaker and pays for room rent and nursing costs at a maximum of INR 5,000 per day. Homeopathic, Ayurvedic and Unani medical treatments are also covered under this policy at 25% of the sum insured.

Take Away

In short, these are the most popular, comprehensive and affordable individual health insurance policies in India. Even if you have a corporate health insurance cover from your employer, it is advisable to have an individual health insurance cover to augment your financial coverage and benefits. However, these plans are only suggestive and the plan that you buy will ultimately depend upon your medical and financial needs.

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.


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