Upgrading Health Insurance Cover

What is the best time to upgrade a health insurance cover? ---------6 Apr, 2015, 08.00AM IST

Anuj is a professional in his early 30s. His small family comprises himself, his wife and a child. He had bought a life insurance cover after his child was born and a health insurance cover with a sum assured of Rs2.5 lakh. He is worried that this may not be enough.

He wants to find out whether he should upgrade, and how often

Health Insurance of NewBorn Child

Many people forget to get the new born child under a health insurance plan to cover medical expenses of the child.

Though the Health Insurance providers may not issue an individual policy to a new born, it is a good idea to add the child to an existing group health cover of the parents or the family floater policy.

Health Insurance for senior citizens

Health Insurance for senior citizens do not come cheap

It is better to buy health insurance policy when you are young and fit.

Higher the age, higher the premium.

Especially in case of senior citizens, the premium is quite higher.

Health Cover Adequate or What

How much health cover is adequate