Ensure that you are not underinsured. An individual must have a minimum Rs 5 lakh cover while a family living in a metro should have at least a Rs 10 lakh cover. Family floater plan is a good option for those who are married and have children as they can get a higher sum insured for a lower premium than if they were to buy individual policies.
Opt for a policy with a shorter waiting period for pre-existing diseases. Select an insurer with a high claim settlement ratio. This will reduce the chances of your claim being rejected without a valid reason. Go for a ...
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First Published: Sun, May 17 2020. 20:15 IST
