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  • Insurance Why you should opt for a high health insurance cover

    Why you should opt for a high health insurance cover

    Source: Moneycontrol.com Dec 2, 2015

    Awareness of the need for health insurance has never been higher. Rising medical expenses, a bitter experience your uninsured neighbor had, the penetrated marketing campaigns of general insurance companies, increased tax rebates for health insurance—all these have contributed to the increasing popularity of health cover in India. However, it is a fact that most people who take health cover are not making the decision after a careful analysis of the required sum insured. Many would like to keep the premium optimal and therefore opt for an average cover of Rs 3-4 lakh. Is that sufficient for you? Or, should you opt for a higher cover, anticipating unforeseen circumstances that could command a small fortune in medical expenses?

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