Also Read | How India’s banking model has changedThus, having the right health insurance policy can provide you with much-needed financial assistance in case of any medical emergency.
In this context, here are six important things that must be kept in mind while buying a health insurance policy.Company’s reputation of claims settlementHigher claim settlement ratio is one of the most critical factors to be considered while selecting the insurance company.
If claims are not paid in time, or cashless approvals are not approved, then the policy is useless for the customer. Claims settlement ratio numbers are publicly available or you can check with your intermediary.Salient features of the policyThe policy should provide an overall protection.