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3.5%First documentHealth Insurance Premium: How to Evaluate Real Value Before BuyingOpen original ↗
Second documentWhy Many Indians Still Avoid Health Insurance Despite Medical RiskOpen original ↗
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Get in Touch with an Expert
Reach out today for personalized insurance guidance, tailored solutions, and dedicated support from trusted professionals
Lever 1: Sum Insured Compared to Hospital Costs in Your City
The sum insured should match the cost of a major surgery in your city, including ICU days, surgeon fees and post-operative care. In metro cities, this typically means at least 7 to 10 lakh rupees as base cover, raised to 25 to 50 lakh rupees with a top-up.
A Simple Roadmap for Your First Policy
List all family members to be covered and their ages. Decide a sum insured based on the cost of a major surgery in your city.
Why Premiums Are Such a Big Concern for Buyers
Health insurance premiums sit at the centre of every buyer's mind. For people planning to buy but yet to commit, premium cost is the single most cited reason for delay. Even existing policyholders mention it as a barrier to upgrading their cover. The concern is real because premiums are an annual outflow, while the benefit feels invisible until something serious happens.
Reason 1: The Premium Feels Too Expensive
The most common reason cited by people who plan to buy but have not yet acted is that the premium feels too expensive. Owners of health insurance also mention this concern, especially when they think about upgrading their cover.