What You Will Learn in This Blog
In this guide, you will discover:
✅ Why corporate health insurance is not enough
✅ Why you must have a personal health insurance policy
✅ Top health insurance riders to enhance your coverage
✅ How to buy the best health insurance in just 3 minutes
Let’s get started!
Why Corporate Health Insurance is NOT Enough
Many people rely only on their employer-provided health insurance, thinking it will always protect them. But the truth is, corporate insurance has major limitations and may not be enough when you need it the most.
1. You Lose Corporate Insurance If You Leave Your Job
🔹 If you switch jobs, retire, or get laid off, your company’s health insurance ends immediately.
🔹 You might be left without any medical coverage at the worst time.
🔹 A personal health insurance policy ensures continuous protection, no matter what happens.
2. Limited Coverage May Not Cover Big Medical Bills
🔹 Most corporate plans offer ₹2-5 lakh coverage, but serious medical treatments can cost ₹10-20 lakh or more.
🔹 Medical inflation is high! The cost of surgeries, ICU stays, and cancer treatments keeps rising.
3. No Control Over Features & Benefits
🔹 Your employer chooses the plan, and you cannot customize it based on your needs.
🔹 Many corporate policies do not cover maternity, OPD expenses, or critical illnesses.
4. No Coverage After Retirement
🔹 After 60, corporate insurance stops, leaving you without protection when you need it the most.
🔹 Buying a new policy at that age means higher premiums and strict medical tests.
5. Tax Benefits on Health Insurance
🔹 Buying personal health insurance helps you save on taxes under Section 80D.
🔹 You can save up to ₹75,000 if you cover senior citizen parents.
Best Health Insurance Riders for Extra Protection
Riders are extra benefits that you can add to your health insurance plan. They provide additional coverage and financial security.
1. Critical Illness Rider
✅ Covers serious diseases like cancer, stroke, heart attack, and kidney failure.
✅ Gives a lump sum payout upon diagnosis, which can be used for treatment or loss of income.
✅ A must-have, as treatments for critical illnesses are very expensive.
2. Accidental Disability Rider
✅ Provides financial support if you suffer permanent or partial disability due to an accident.
✅ Covers loss of income and additional medical expenses.
✅ Important for people who travel frequently or work in high-risk jobs.
3. Maternity & Newborn Cover Rider
✅ Covers pregnancy-related expenses, delivery, and newborn care.
✅ Includes newborn vaccinations and early medical tests.
✅ Essential for young couples planning a family.
4. Hospital Daily Cash Rider
✅ Pays a fixed cash amount per day for every day of hospitalization.
✅ Helps cover non-medical expenses like food, travel, and family support.
✅ Useful for self-employed individuals who lose income during hospitalization.
5. OPD (Outpatient) Cover
✅ Covers doctor visits, pharmacy bills, and diagnostic tests.
✅ Great for people who need frequent check-ups or regular treatments.
✅ Ideal for families, senior citizens, and those with long-term health conditions.
How to Buy the Best Health Insurance in Just 3 Minutes
Follow these simple steps to get personal health insurance quickly and easily.
Step 1: Check What You Need (30 Seconds)
✔️ Who needs insurance? (Self, spouse, parents, children)
✔️ How much can you spend? (Budget-friendly vs. premium plans)
✔️ Do you have special needs? (Pre-existing conditions, maternity, OPD cover)
Step 2: Compare Plans Online (1 Minute)
🔹 Use insurance comparison websites to find the best policies.
🔹 Check for:
✅ Coverage amount – Should be enough for big medical expenses.
✅ Cashless network hospitals – Ensure hospitals near you are covered.
✅ Waiting periods – Shorter waiting periods are better for pre-existing conditions.
✅ Claim settlement ratio – Higher means better and faster claim approvals.
Step 3: Check What’s Covered & What’s Not (45 Seconds)
🚫 Some plans don’t cover dental, cosmetic treatments, or alternative therapies.
✅ Look for important add-ons like critical illness, accident cover, and OPD benefits.
📆 Choose lifetime renewability for long-term coverage.
Step 4: Buy Online & Submit KYC (30 Seconds)
✔️ Fill out the application form online.
✔️ Upload KYC documents (Aadhaar, PAN, and medical history if needed).
✔️ Make a secure online payment to activate your policy instantly.
Step 5: Get Your Policy & Stay Informed (15 Seconds)
📩 Check your email for the e-policy document.
📂 Store it safely for future claims and tax benefits.
📞 Save customer care contact details for easy support.
Final Takeaway: Protect Your Health & Finances Today!
✅ Corporate health insurance is not enough—it is temporary and has limited benefits.
✅ Personal health insurance ensures long-term protection for you and your family.
✅ Add important riders to maximize your coverage.
🎯 Don’t Wait! Compare & Buy the Best Health Insurance Today!
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