Health Insurance in today's time is no less than a necessity, especially when there has been an exponential rise in the number of life-threatening diseases in India. To secure yourself and your family with life's uncertainty, it is imperative to choose a health plan with a high sum insured.
With a health insurance plan of Rs. 1 Crore, you can ensure financial protection to your family members. However, choosing the most suitable plan for yourself from a pool of best health insurance plans can be a daunting task. To make it easier for you, we are here with a list of 5 best 1 crore health insurance plans in 2020. Let’s find out more about them.
The plan covers all medical expenses arising due to treatment and hospitalization.
Eligibility Criteria:
1 | Minimum age at entry | 91 Days |
2 | Policy term | 1, 2, or 3 years |
3 | Maximum Sum Insured | 2 Crores |
*The sum insured is only available for Platinum Variant.
Benefits:
Care Health Insurance is a comprehensive health insurance policy through which a policyholder can ensure his and his family’s safety against financial risks arising out of a medical emergency.
Eligibility Criteria:
1 | Minimum age at entry | 91 Days |
2 | Policy term | 1, 2, or 3 years |
3 | Maximum Sum Insured | 6 Crores* |
*The sum insured is only available for Platinum Variant.
Benefits:
Max Bupa Health Premia Plan is a comprehensive health insurance policy that offers a suitable cover up to 3 Crores for your family’s healthcare needs.
Eligibility Criteria:
1 | Minimum age at entry | 91 days |
2 | Policy term | 1 or 2 years |
3 | Maximum Sum Insured | 3 Crores* |
*The sum insured is only available for Platinum Variant.
Benefits:
This plan comes in three variants– the Value Plan, the Classic Plan, and the Uber Plan. The policy covers hospitalization expenses and offers a range of useful add-ons.
Eligibility Criteria:
1 | Minimum age at entry | 91 Days |
2 | Maximum age at entry | 65 Years |
3 | Policy term | 1, 2 or 3 years |
4 | Maximum Sum Insured | 1 Crore* |
*The sum insured is only available for Uber Variant
Benefits:
Royal Sundaram Lifeline Health Insurance is a comprehensive health insurance plan that comes in three variants- Elite, Supreme, and Classic. The elite plan comes with a wide range of medical benefits that cover critical illnesses, international treatment, maternity expenses, among others.
Eligibility Criteria:
1 | Minimum age at entry | 91 Days |
2 | Policy term | 1, 2 or 3 Years |
3 | Maximum Sum Insured | 1.5 Crores* |
*The sum insured is only available for Elite Variant.
Benefits:
Most people ignore the amount of cover they need according to their family size and requirements and end up facing financial crunch at the time of medical emergencies. Let's understand this with an example:
There is a family of 4 members (husband+wife+2 children), where only the husband is the earning member. Among them, 1 is diagnosed with cancer. So, they buy a health insurance plan of 25 lakhs (sum insured). With continuous treatments, their present plan is not able to cover all the expenses and ultimately, the family is in a financial turmoil. The situation would have been different if the family would have opted for a health insurance policy with a higher amount of sum insured (1 Crore).
If you have a history of critical illness in your family, it’s always better to have a 1 Crore health insurance policy. Yes, you do have to pay a high premium for it but at the same time, you can rest assured that all your medical expenses (for expensive treatments) are looked after.
Written By : Naval Goel
Last Updated : July, 2020
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March 25, 2022
jasvinder singh
DelhiMarch 14, 2022
samarth wadhwa
GuwahatiStar is one of the topmost insurance companies and they prove it with their services and plans. They have plans for each family member of mine starting from my parents to my own family and even for my extended family.
March 14, 2022
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Ludhianamy father is a single parent. The way he has taken care of me during my childhood, I wanted to support him after my marriage so that he is never alone, especially during medical emergencies. I trust this company completely as they have taken care of my father s medical bills so i recommend them
March 14, 2022
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Chandigarhvery good company with good plans. They always reply to my and my wife queries related to our old diseases and new doctor consultations. they OPD plan is very helpful.
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