₹6 lakh to ₹13 lakh in 10 years. Therefore, the younger you are, the larger cover you will need because you’re likely to fall prey to chronic illnesses later in life.
However, don’t delay buying health insurance because as you age, the premiums will go up and underwriting will be more stringent.Health insurance policies come with various clauses such as sub-limits, co-payment, waiting period for pre-existing diseases (PED) and deductibles.
It’s important to understand these clauses and the impact they can have on your claim.Cap on room rent: Sub-limits are where the insurer specifies a limit for an expense.