Do I need a personal health insurance cover?
I am 29 years old and single working in a Nationalised Bank, do I need to buy a separate Health Insurance for myself?
Do you need someone else to control the quality of healthcare you get?
What if tomorrow your organization says they will pay for your clothes, or your mobile phone - will you wear clothes of their choice?
1) Healthcare is as personal as your clothes or your smartphone. You shouldn't depend on them. If I am the CFO of your bank, I will be less concerned about your healthcare needs and more about the company's budgets.
2) Apart from this, having a personal health insurance helps when you are in between jobs, or work in a startup that doesn't yet provide a cover.
3) Lastly, you should buy a health insurance for your 50s and you should buy it when you are young, so that there are lesser restrictions/limits and better coverage.
Hope this helps!
All IBA Member Banks have a Group Mediclaim Policy for its permanent employees. Kindly check with your employer for the limit of Sum Insured & If any additional cover required then you can take separately.
No, you don't need to buy as Nationalized Banks pay medical bills of employees as per actuals. I have worked with IOC and advising based on that. Before changing the job, ensure that you buy a policy 3 months before you actually leave. Even though everyone shall advise you for normal plans, I shall advise you to go for health policies which pays lumpsum amount on diagnosis and doesn't require original bills. It saves your money as well as you get the amount you desire.
Which plan gives lumpsum on diagnosis, critical illness plan?? Do you suggest any name .
There are almost all major companies providing this. But I recommend to go for best claims settlers like Max Life, ICICI, HDFC. If you can share your details regarding your DOB, location, family history related to illness, your IT return/ expected amount you want as CI (critical illness) on my mail id email@example.com, I shall be able to personalize.
Most of the term policies also have rider options in this. Max has one of the best settlement. I shall advise to go for term plan along with this rider as term plan sureshot provides money to family in any circumstances (and premiums are lower and what I can see from your photo you are young) where as CI as option provides LS payout on diagnosis (not linked to hospitalization but linked to survival).
Yeah , I will recommend to buy a personal health insurance cover. It is actually important to buying a personal health insurance for yourself, because medical care is very expensive these days, especially in private sector. Without a policy Hospitals bills easily can burn a hole in your pocket and that will become hard to handle that time.
There are various plan available , like Plan F, Plan G, Plan N, Read more on Medicare Supplement Insurance Plan.