Don't Miss The Fine Print

Don’t have any misconception that your large cover will repay for your every medical expense. Before signing the health insurance plan, don’t forget to consider the network of hospitals, sub-limits in the policy, exclusions, waiting period for pre-existing disease, additional benefits such as maternity cover, neonatal cover, dental treatment and so on. For a high-value policy, there could be predetermined caps or sub-limits on the room rent. However, the description about the category of the room covered will be clearly mentioned in fine prints of the policy term and conditions. "In case of Religare Health, for sum insured of 5 lakh and above there is a room category cap. Such a cap allows only the lowest category private room in the hospital," says Chopra. So even if you choose a 5-star hospital, you will have to adjust in its lowest category of private room.

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