Best Health Insurance Plans in India in 2016

Best Health Insurance Plans in India in 2015Best Health Insurance Plans in India in 2016


Medical costs are rising day-by-day and if you have not taken a health policy than your little carelessness may make a lifelong dent in your financial portfolio. There are several health insurance providers offering variety of products. Which are the Best Health Insurance Plans in India in 2016? What are the key features of such Top Health Insurance Plans to be taken in 2016?  I have listed 6 Best health insurance Plans for individuals as well as for family.

What points should you consider before buying a Health Insurance Plan?


Before naming the policy I would like to list 10 points to consider for buying any health policy.

  • Premiums
  • Co-pay requirements
  • No claim bonus
  • Waiting period for pre-existing medical conditions
  • Waiting period for specific diseases
  • Disease wise capping
  • Claims settlement ratio
  • Maximum Ager Period
  • Hospital Network
  • Critical Illness Riders

Also Read: How to choose best health insurance policy in India?

Best Health Insurance Plans in India in 2016 for Individuals


1) HealthCare plus by ICICI Lombard


  • Health Care Plus available for individual within the age of 5 years to 56 years with a maximum renewal up to the age of 70 years.
  • The maximum sum assured is Rs.10 lakh while minimum sum assure is Rs.5 lakh.
  • Medical check-up before buying policy is not required up to the age of 45 years. Also, this policy offers free medical check-up at the time of renewal.
  • The waiting time for pre-existing diseases is 4 years. Waiting period for specific diseases like cataract, hernia is 24 months.
  • Hospital Network can be viewed at this link

2) Care by Religare Health


  • Religare’s Health Insurance Policy “Care” comes with an entry age of 91 days with no upper limit. This means any individual can buy this at any time.
  • The maximum sum assured is Rs.60 lakh while minimum sum assure is Rs.1 lakh.
  • Pre Policy medical check-up is required for individual entering on or after the age of 45 years. If the sum assured is above Rs.7 lakh than pre medical check-up is required for entry age of 19 years and above. If sum assured exceeds Rs.10 lakh than the pre medical check-up age is reduced to 6 years and above.
  • Care covers Pre and Post Hospitalisation expenses from 30 days before hospitalization and 60 days post hospitalization.
  • Hospital Network can be viewed at this link.

3) Easy Health Premium by Apollo Munich


  • Easy Health Premium Policy is available for individual within the age of 18 years to 60 years with renewal throughout life.
  • The maximum sum assured is Rs.10 lakh while minimum sum assure is Rs.4 lakh.
  • Easy Health Premium covers Pre and Post Hospitalisation expenses from 30 to 60 days before hospitalization and 60 to 90 days post hospitalization.
  • The waiting time for pre-existing diseases is 3 years. Waiting period for specific diseases like cataract, hernia, sinusitis etc. is 2year.
  • Hospital Network can be viewed at this link.

You may also like: Apollo Munich Optima Restore is a unique and Top Health Insurance plan in India

Top Health Insurance Plans in India for Family


1) iHealth by ICICI Lombard


  • ihealth family floater plan offers minimum age entry of 3 months with no maximum limit. Also the renewal age has no bar.
  • The maximum sum assured is Rs.10 lakh while minimum sum assure is Rs.2 lakh.
  • iHealth Policy covers Pre and Post Hospitalisation expenses from 30 days before hospitalization and 60 days post hospitalization.
  • The waiting time for pre-existing diseases is 2 to 4 years. Waiting period for specific diseases like cataract, hernia, arthritis, sinusitos etc. is 24 months
  • Hospital Network can be viewed at this link.

2) Max Bupa Heartbeat Family First


  • Heartbeat Family First has no minimum age of entry i.e. a new born baby can also be covered under this plan. Also, this plan can be renewed throughout life.
  • The plan offers three shields silver (up to Rs.3 lakh sum insured), gold (up to Rs.50 lakh) and platinum (up to Rs.1 crore).
  • Heartbeat Family First covers Pre and Post Hospitalisation expenses from 30 days before hospitalization and 60 days post hospitalization.
  • The waiting time for pre-existing diseases is 2 (for platinum and gold plans) and 4 (for silver plan) years. Waiting period for specific diseases like cataract, hernia, arthritis, sinusitos etc. is 24 months

Also Read: Complete review of Max Bupa Heartbeat Health Insurance Plan which is unique plan renewed for life time

3) Optima Restore by Apollo Munich


  • Optima Restore family floater plan offers minimum age entry of 3 months with upper age limit of 65 years. There is no limit for the renewal.
  • The maximum sum assured is Rs.15 lakh while minimum sum assure is Rs.3 lakh.
  • The waiting time for pre-existing diseases is 3 years. Waiting period for specific diseases like cataract, hernia, arthritis, sinusitos etc. is 24 months.
  • Optima Restore Policy covers Pre and Post Hospitalisation expenses from 30 days before hospitalization and 180 days post hospitalization.

Conclusion: Above listed policies are best health policies for individuals as well as for family. I have not provided the premium because it depends on the entry age, sum assured and other conditions which differ from person to person. Also, I have provided only basic points such as sum assure, entry age, pre-post hospitalization expense etc. But you are advised to read fine print of the policy before buying.

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This is a guest post from Sanyam Jain, founder of simpleinterest.in which focuses on personal finance tips.


This post is as part of our new initiative about providing articles from other top bloggers on this blog. You can provide feedback / suggestion to improve future articles in comments section.

9 comments

  • Ayush Singh

    Sir, Please tell me that if I want a total coverage of 10 lakhs for my father, then what should I do ?
    Opt for a single insurance plan of 10 lakhs coverage from Religare or should I opt for a 5 lakh single insurance plan + 5 lakh super top up from another insurance provider like L & T .
    please advice .

  • rohith

    Anybody interested for take icici lombard policy .. With discounted premium.. Call 08589987321 or 09562623211

  • rohith

    Anybody interested for taking icici lombard policy .. With discounted premium.. Call 08589987321 or 09562623211

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