Now a days, medical expenditure has incremented to such a large extend that health insurance has become a necessity and an essential expense for the well being of our family.
Types of mediclaim policies
Mainly there are two options available:
1. Floater policy:
Here we take the policy for the entire family. Usually family means Husband, Wife and Kids. That means parents are not included in floated policies. The sum assured can be utilized by any member of the family. Here usually the maximum sum assured in a year is Rs 10 lakh.
2. Individual policy:
Here each member may take individual medical insurance. Special discounts are given if individual policies are taken for the entire family. Here parents are also included in the definition of the family. Usually the maximum sum assured in a year is Rs 10 lakh for each individual.
Here are some of the Tips while selecting a Car Insurance.
1. Try to get a quote from reputed public sector companies like
1.1National Insurance Co. Ltd
1.2 United India Insurance Co.
1.3 The New India Assurance Co. Ltd
1.4 The Oriental Insurance Co. Ltd.
They have wide networks and their insurance quotes are reasonable too.