How to Get the Best Health Insurance Policy within Budget

Ever heard the phrase “health is wealth”? While your health is even more precious than wealth, your wealth doesn’t have to determine your health. Many individuals forego or delay getting the medical treatments they need as they assume the expenses would put them in debt. While medical treatments are expensive, that shouldn’t mean that you should skip the treatment you require as your health and wellbeing are at stake. That’s where we can help you. Here are a few ways in which you can get affordable health insurance that would cover your requirements without burning a hole in your pocket.

Compare policies

The best way to know that you’re getting the best value for your money in terms of coverage is to do your research. You can take a look at the various health insurance options available, compare coverages, the sum insured, benefits, and then make a well-informed decision.

With Chola MS, you can choose from our different health insurance plans based on what you want from your insurance and the benefits offered. Each plan is divided into premium tables, so you can choose the sum insured and premium that falls within your budget. It really is that easy to get affordable health insurance.

For instance, our comprehensive CholaHealthline insurance policy is divided into four plans:

– Value Plan
– Freedom Plan
– Enrich Plan
– Privilege Plan
Each plan offers different benefits and coverage based on the premium you pay. The lower your age and sum insured, the lower you will have to pay, and the benefits and coverage you receive will vary accordingly. You can pick and choose the planyou think works best for you, keeping in mind your requirements, and you can get an insurance policy that gives you the best value within your budget.

No Claim Bonus

If you go through your entire health insurance tenure without making a single claim, you are entitled to receive a No Claim Bonus. This is a reward for not making any claims, and this discount is applied to your premium at the time of renewal, thereby reducing the amount you will have to pay. A No Claim Bonus is a great way of getting an affordable health insurance plan.

Get a long-term policy

If you’re looking to get a health insurance policy that’s the best value for your money, you can purchase a long-term policy as it can help you save more in the long run. Take a look at the different long-term policies available and compare the premiums. If the premium falls within your budget, this is something you should really consider.

At Chola MS, we even offer a discount on long-term health insurance policies – 6% on a 2-year policy, and 12% on a 3-year policy. This would help reduce the premium you will have to pay and would give you the best insurance at an affordable price.

While medical treatments can get expensive, it doesn’t have to burn a hole in your savings – you can get an affordable health insurance planthat gives you the best value for money. All you have to do is determine your budget, and the insurance company can help you with the rest. Because good health isn’t something you should compromise on.