Health Insurance

Coverage: Provides coverage for one person, including hospitalization, pre and post-hospitalization expenses, and sometimes outpatient treatment.

Sum Insured: Varies based on the policy; often ranges from ₹1 lakh to ₹10 lakhs or more.

Coverage: Covers an entire family (typically including spouse, children, and sometimes parents) under a single sum insured.

Advantage: It's typically more economical to purchase a single plan that covers the entire family, rather than buying separate plans for each individual family member.

Coverage: Provides a lump sum payout upon diagnosis of serious illnesses like cancer, heart attack, stroke, etc.

Benefit: It's highly beneficial for handling the significant financial burden associated with medical treatments for severe or life-threatening health conditions.

Coverage: Acts as a supplementary plan to an existing health insurance policy. It provides additional coverage over and above the base sum insured.

Cost: Typically more affordable than comprehensive policies due to higher deductibles.

Coverage: Basic health insurance that covers hospitalization expenses up to a certain limit. Often less comprehensive than modern health insurance plans.

Advantage: Usually involves a reduced cost, providing the same benefits or coverage at a lower price compared to other options.

Coverage: Provides coverage for accidental injuries, disabilities, or death. It’s not focused on general health issues but rather on accidents.

Covers accidental injuries, disabilities, or death, concentrating specifically on accidents rather than general health conditions.