In a world where health uncertainties can strike at any moment, having a robust health insurance plan is more of a necessity than a choice. One option that provides a balance between affordability and coverage is a Rs. 1 lakh health insurance plan.
This article will delve into the details of such a policy, exploring premiums, features, benefits, and eligibility criteria. Also, know the documents required for purchase, coverage details, and the major types of plans available.
Premiums and features for Rs. 1 lakh health insurance plan
A Rs. 1 lakh health insurance plan comes with an affordable premium, typically ranging between Rs. 2,000 and Rs. 5,000 per year. Despite its low cost, it offers a substantial sum insured of up to Rs. 1 lakh, covering hospitalisation costs, pre- and post-hospitalisation expenses, and a wide range of medical treatments—including minor and major surgeries, as well as accidental injuries.
Bajaj Finance provides Pocket Insurance plans that offer up to Rs. 1 lakh coverage at a nominal premium. These plans are designed for comprehensive protection and also include options tailored to specific illnesses. Some of the available plans include:
Policy |
Annual premium (in Rs.) |
Coverage up to (in Rs.) |
1,188 |
1 lakh |
|
99 |
50,000 |
|
1,199 |
1 lakh |
|
678 |
1 lakh |
There are various other similar health insurance plans that you can explore. These are available through a completely paperless buy journey.