Rs.50 Lakh Health Insurance

The best health insurance plans with a sum assured of Rs. 50 Lakh are listed below.

1. Bajaj Allianz Health Guard

The Health Guard plan from Bajaj Allianz is a comprehensive health insurance plan that covers medical expenses incurred while in the hospital as a result of a severe illness or accident. The policy offers comprehensive coverage at an affordable price and fits all of your requirements. It can help you in being financially prepared in the event of a medical emergency.

Features and Benefits

• If you are admitted to the hospital on the advice of a doctor, as specified in the policy, the coverage covers in-patient hospitalisation expenses. Hospitalization is required if you get sick or have an accident that causes physical harm during the coverage period.
• The insurance coverage covers medical expenses incurred as a result of an illness or injury for 60 days prior to hospitalisation.
• Each policy year, you can receive a daily cash benefit of Rs. 500 as hotel charges for up to 10 days. Coverage is provided for in-patient hospitalisation. It applies to policies that are over a year old.
• After three years of coverage, the policy offers a free health checkup.

2. Raheja QBE Health QuBe

The Raheja QBE Health QuBe Policy can safeguard you financially. The policy comes in several types, including Basic, Comprehensive, Super Saver, and Ala Carte, with sum insured options ranging from Rs. 3 lakh to Rs. 50 lakh.

Features and Benefits

• Prospective policyholders can choose from a variety of insurance packages available by Raheja QBE. Customized plans are available for both corporations and individuals, and they can be purchased for the exact amount covered.
• Pre-policy medical testing is required if the individual is over a certain age or has pre-existing medical ailments/conditions. For some policies, if the screening is passed and insurance is purchased, the insurer will pay for the medical test in part or in full.
• The Income Tax Act of 1961, Section 80D, allows you to seek a tax refund on the amount you paid for your health insurance policy.

3. Bajaj Allianz Individual Health Guard ( Gold Variant)

Bajaj Allianz's Health Guard is a comprehensive health insurance plan that pays for medical expenses incurred while in hospital due to a major ailment or accident. The policy provides comprehensive coverage at a low cost and meets all of your needs. It helps in your financial preparation in the event of a medical emergency. It offers two variants: Bajaj Allianz Individual Health Guard Silver Health Plan and Bajaj Allianz Individual Health Guard Gold Plan.

Features and Benefits

• The coverage covers in-patient hospitalisation expenditures if you are admitted to the hospital on the advice of a doctor, as indicated in the policy. Illness or an accidental bodily injury sustained or contracted within the coverage period needs hospitalisation.
• For 60 days prior to hospitalisation, the insurance coverage covers medical expenses incurred as a result of an illness or injury.
• You can obtain a daily cash benefit of Rs. 500 as accommodation charges for up to 10 days each policy year. For in-patient hospitalisation, coverage is available. It is applicable to policies that are older than a year.
• The policy includes a free health checkup after three years of coverage.

4. Royal Sundaram Lifeline Supreme

The Lifeline plan from Royal Sundaram covers both routine medical requirements and medical emergencies. This plan is only available to people above the age of 18. It is available as an individual plan as well as a Family Floater plan for you, your spouse, and your children. This is a plan that 'works for you' in the way you want it to. It covers things like health tests, ambulance fees, animal bite vaccinations, pre- and post-hospitalization expenditures, etc.

Features and Benefits

• Expenses for inpatient hospitalisation up to the Sum Insured.
• Reimbursement of pre-hospitalization and post-hospitalization charges up to the amount of the sum covered for 60 and 90 days, respectively.
• All day-care procedures up to the amount of the insurance policy.
• Up to Rs. 5,000 in ambulance coverage.
• Up to the amount of the sum covered, coverage for organ donor treatment.
• Up to the sum insured amount, domiciliary hospitalisation expenditures are covered.
• Inpatient hospitalisation covers up to the sum insured in government hospitals and up to Rs. 30,000 in other hospitals under AYUSH treatment.
• Vaccination in the case of an animal bite is covered up to Rs. 5,000.

5. New India Premier Mediclaim

New India Premier Mediclaim Policy is a health plan that offers a large amount of coverage. You can register in the plan for yourself as well as your family members. There are two plan options, each with a different sum insured. You can select any option that meets your requirements. The coverage is broad, and the premiums are affordable.

Features and Benefits

• The plan does not have any sub-limits on hospitalisation charges. Room rent, nursing fees, surgeon's fees, and other expenses are commonly covered.
• If you are taken to a hospital for treatment, the plan would cover the ambulance costs up to Rs.10,000.
• The plan covers medical expenses incurred before being admitted to the hospital. Before being admitted to the hospital, these costs are covered for 60 days.
• Medical expenses incurred during the first 90 days of hospitalisation are also covered by the plan.
• The policy will cover 139-day care procedures. Because of advancements in medical technology, some treatments do not require 24-hour hospitalisation.

Why Purchase Rs.50 Lakh Health Insurance?

Medical care is expensive, especially in the private sector, so you should get a health insurance policy for yourself and your family. Hospitalization has the potential to drain your bank account and throw your finances into disorder. If the person who brings in the money is now in a hospital bed, it will be even more difficult. All of this can be avoided by paying a little annual premium that will cover your medical expenses in the event of an emergency.