Health Insurance or Health Fund?
This is a long debated question and I have not found a satisfactory answer. Should I buy a 5 lac SI Family Floater or create a 5 lac FD and keep adding some amount to it monthly? A mediclaim comes with many T&C and limitations which leads to eventually paying some amount from pocket let alone trauma of rejections and delays while in a FD all that is required is to withdraw, no questions asked! Also if health insurance is the answer, is it better to take a arogya sanjeevani and put remainder premium in fixed instrument.