Health insurance has become a very important component of our life. Health insurance is important for us to avoid any financial emergency arising out of health issues or accidents. 1 crore health insurance policy provides the 1 crore health insurance policy holders a broad range of medical coverage and benefits.
Under 1 health insurance plan, costly medical treatments are covered. These medical treatments include chemotherapy, organ transplantation, dialysis, etc. These treatments can be difficult to pay as they put a huge financial strain on the patient and the family members
The 1 crore health insurance plan can be available for both levels, Individual or family. Many critical illnesses demand a health insurance plan that provides overall coverage to all medical emergencies.
Due to the poor coverage provided by health insurance plans, the 1 crore health insurance Policy has become a savior for those who are looking for a health insurance plan which can meet their medical needs.
The alarming rise of critical diseases has put the need for a quality health insurance plan at front. The 1 crore health insurance plan has become the best choice for people to cope with unexpected medical emergencies like an organ transplant.
The 1 crore health insurance Policy has changed the viewpoint of people in the Covid-19 pandemic. People do not want to lose their loved ones in the hands of inadequate medical facilities and also in such unseen moments as the covid-19 pandemic. A 1 crore health insurance plan is beneficial can bear the medical expenses easily for a person.
The best 1 crore health insurance plan available in India
There are many reasons that one should opt for a 1 core health plan in 2021. It can be the rising cost of medical treatments or the difficulty in getting quality treatment due to health issues. Here are some of the best 1 crore health plans available in India that can assist you during medical emergencies –
|Health insurance Company||1 crore health Plan||Insured amount||Annual premiums (age-40 years)|
|Max Bupa HealthInsurance||1 Crore Super Saver||INR 1 Crore||INR 20, 6887|
|Aditya BirlaHealth Insurance||Activ Assure DiamondPlan||INR 2 crore||INR 26,000|
|Religare HealthInsurance||Care Advantage||INR 1 crore||INR 28, 027|
|Bharti AXAHealth Insurance||Smart Super HealthInsurance||INR 1Crore||INR 46, 000|
|Edelweiss HealthInsurance||Platinum Plan||INR 1Crore||INR 59, 633|
|Digit HealthInsurance||Super Care||INR 1 Crore||INR 40,706|
|Liberty HealthInsurance||Elite Combo||INR 1.1 Crore||INR 20,496|
|Star HealthInsurance||Comprehensive HealthInsurance Plan||INR 1Crore||INR 39,518|
These are the best 1 crore health plans that provide quality coverage to the 1 crore Health insurance Policy buyers.
What are the benefits of a 1 crore health insurance policy?
There are many benefits of buying a 1 crore health insurance plan. Some of the important features and benefits of a 1 crore health plan are mentioned below-
|Health Insurance Plan Amount||1 crore Health Plan|
|In-patient hospitalization coverage||24 hours hospitalization of the Policy holder|
|Ambulance cost coverage||Covered under 1 crore health plan|
|Pre and Post Hospitalization medical expenses||Covered under 1 crore health plan30 days for pre-hospitalization60 days for post-hospitalization|
|Organ transplant medical expenses||Covered under 1 crore health plan|
|Bonus on No claim||10 to 50 %|
|Restoration||Offered under 1 crore health plan|
|Renewability of the health plan||Unlimited|
|Additional rider coverage||Cover for CancerCover for Critical illnessGlobal coverSecond Medical consultationCover on repatriationCover for domestic evacuationCompassionate covers, etc.|
Why is it necessary to have a 1 Crore Health insurance Plan?
The Covid- pandemic has proved to us the importance of a 1 crore health plan and why it is important. At present time it is not necessary to have a critical illness. However, the uncertain events concerning health and diseases have led to the belief in the increase of different types of diseases globally.
Seeing the rise in medical emergencies, it becomes imperative for you to buy a 1 crore health insurance plan for yourself. The 1 crore health insurance Policy can help you in managing the medical emergency effectively.
According to some experts, medical expenses can become even more costly in the future. Here are some official evidence that proves the rise of critical illness in India-
- It is officially announced by the Indian Government, every day around 1300 people die of cancer. This report was made by the National Cancer registry.
- Many global and national level types of research prove life-threatening diseases can affect an individual below the age of 70. These life-threatening diseases include illnesses like Cancer, Kidney issues, Cardiac arrest, etc.
- Diabetes and hypertension have seen a significant increase that is being reported every day. Due to this, the increase in kidney-related diseases has increased. Our busy schedules have affected our lifestyle negatively. Due to this many people also get diseases that affect them later in their lives.
These are some of the evidence that advocates the need for a health insurance plan that can cover most of the medical expenses without much hassle. In this part, the 1 crore health insurance Plan fits perfectly.
Evaluation of your 1 crore health Insurance Plan
There is no specific answer to why you should buy a 1 crore health insurance plan for yourself and your family because having a good health plan is the need of the hour.
You can go for any type of health insurance available in the market but the 1 crore health insurance plan covers almost every medical expense. It also includes organ transplant-related medical expenses that are not available easily under other health insurance plans.
The rise in medical costs has made it almost impossible for a middle-class family to get quality medical treatment so if you do not want to compromise with your family, it becomes imperative to buy a 1 crore health insurance Plan.
The premiums of a 1 crore health insurance plan are only 20 to 20 % higher than the 50 Lakh health insurance Policy. Buying a 1 crore health insurance policy guarantees you a quality medical facility and also provides you a support system in case of any medical emergency without worrying about the cost of treatment.
How much does it cost to get treatment for Cancer in India?
Cancer is a terminal illness if not treated in time. Private hospitals can cost you up to 10 to 15 lakhs for basic cancer treatment. If you want more advanced treatment on cancer that includes the new drugs, and other medicines including immunotherapy, then the cost can go up to INR 1 Crore.
At times like these, a 1 crore health insurance policy comes in handy. You can easily get treated under your 1 crore health insurance policy without having to worry about the cost of treatment. If you want treatment in foreign countries then it becomes all the more important to have a 1 crore health insurance policy.
What is the cost of medical treatment for other critical illnesses in India?
Many critical illnesses have a high treatment price. Some of these are mentioned below –
|Liver Transplant||Around INR 36 Lakhs|
|Chemotherapy for 6 sessions||Up to INR 20 lakh|
|Chemotherapy for 1 session||Up to INR 1 lakh|
|Breast Cancer Surgery||Up to INR 10 lakh|
|Angioplasty||Up to INR 4 lakh|
|Lung Transplant||Up to INR 30 lakh|
As you can see the cost to get a quality treatment is pretty high from a layman’s perspective. That makes it obvious why you need a 1 crore health insurance Policy. The mentioned price above includes all the tests, medication, and another important components of the treatment.
There are more costly medical treatments that cost more than INR 50 lakh. These treatments include organ transplant, heart issues, and cancer in its advanced stage.
Reasons to buy a 1 core health insurance policy
It is always right to put health first. The most important reason people buy a 1 crore health insurance policy is to get quality treatment without any medical expenses from their pocket.
By paying a nominal premium, you can get coverage for medical treatment for serious health issues. Buying a 1 crore health insurance Policy is sensible seeing the inflation in medical treatment costs.
Here are the reasons for you to go for a 1 crore health insurance Policy-
1) Family coverage– There are many kinds of health insurance policies that cover the health insurance for the family members under one health plan. There are many 1 crore health insurance Policy that can cover your whole family under1 crore health insurance policy in India. This can aid you in times of medical emergencies.
2) Quality treatment– With the help of a 1 crore health insurance policy, you can avail yourself of quality treatment and your family members. You can pay for the costly treatment of critical illnesses like cancer. The 1 crore health insurance Policy also covers the medical expenses for an organ transplant.
3) Having an organ transplant can cost you more than INR 50 lakhs in India. A 1 crore health insurance plan can help you in lightening the financial strain.
4) Medical treatment in foreign countries-The higher the health insurance, the higher the facilities. With the help of a 1 crore health insurance policy, you can go for medical treatment not only in India but also in foreign countries. 1 crore health insurance policy also offers medical treatment overseas.
When should you buy a 1 crore health insurance plan?
Here are some important points you should consider if you are thinking of buying a 1 crore health insurance Policy in India in 2021
1) Genetic history of Critical illness
If any of your family members have a genetic history of critical illness, you should go for the 1 crore health insurance plan. If you had any family member in your family who had had a critical illness in past, then you should consider buying a 1 crore health insurance plan. A family with genetic history is more likely to get critical illness in comparison to a family which does not have any critical illness-related medical history.
2) Individuals of age 40 and above
As the age increases, you become weaker to diseases. You may likely get a critical illness when you are above the age of 40. It is important to avoid any medical expenses under such circumstances. A 1 crore health insurance policy is an ideal choice to get quality treatment even if you get a disease.
Although it does not matter, one can buy a 1 crore health insurance plan even when he is 20 or 30 years old. There are many instances that even the younger generation suffers from critical illness due to their sedentary lifestyle. Some of the diseases can be hereditary and can cost quite a lot to treat. That is why it become very important to go for a 1 crore health insurance plan.
3) If you are the only breadwinner of your family
If you are the only breadwinner of your family then it is important to have a 1 crore health insurance plan, as having a 1 crore health insurance plan can save you from any financial burden in case of a medical emergency. At times like these a 1 core health insurance plan can act as a backup for you.
4) If you work under pressure
If you work under pressure and do not have a healthy work environment then it can become a problem for your health. The most contributing factor to having diseases is stress that can lead to life-threatening diseases.
According to reports, those who work in a stressful environment get affected negatively with their health. for such people, a 1 crore health insurance plan is beneficial, it can offer them a health plan backup.
You can buy a 1 crore health insurance policy to avoid any financial burden in case of critical illness or other potential diseases. The 1 crore health plan becomes a crucial aspect to avoid any unseen circumstances when it comes to health issues.
What are the premiums for a 1 crore health insurance plan?
Note that many health insurance companies offer a 1 crore health plan, the premium for each 1 crore health insurance plan depends on the health insurance provider. The 1 core health insurance policy is mentioned below according to their premiums –
|Age group||1 crore health plan premium per month|
|21-35||INR 630/-INR 796/-|
|36-45||INR 630/-INR 796 /-|
|46-65||INR 2880INR 5973|
How can a 1 crore health plan help you?
It is good to have a 1 crore health plan as you never know who might get ill with time, and if, hypothetically speaking, someone from your family gets a critical illness then it becomes easy for you to pay for their expenses and provide them quality treatment without spending much.
So, with the help of a 1 crore health plan, you secure yourself and your family members against any unprecedented events.
Frequently Asked Questions
Q1. What is a 1 crore health plan?
A 1 crore health plan is health insurance that has an insured amount of 1 crore. The 1 crore health plan covers most of the medical expenses of a person or his whole family.
Q2. Does a 1 crore health plan cover organ transplants?
Yes, 1 crore health plans cover organ transplant expenses of the person who has bought the 1 crore health plan.
Q3. Can I get treatment in other countries with my 1 crore health insurance plan?
Yes, you can treat in other countries with the help of your 1 crore health plan. The terms and conditions differ from one insurance provider to another one.
Q4. Is the premium of a 1 crore health plan is costly?
The premium can range according to the age of the policy buyer. The premium price for a 1 crore health plan is the lowest for the younger policy buyers.
Q4. How long do I have to pay the premium for a 1 crore health plan?
The time limit to pay a premium of an insurance company is predetermined by the Policy buyer and the Policy provider. The years you have to pay the premium varies. The years are 5 years, 8 years, 12 years, and 15 years.
Q5. If I drink and chew tobacco, can I avail myself of the benefits of a 1 crore health plan?
Yes, you can get the benefits of a 1 crore health plan even if you drink and chew tobacco.
Q6. What are some of the popular 1 crore health plans in India?
Many insurance providers provide a 1 crore health insurance policy to Indian citizens. Some of the popular 1 crore health insurance plans are mentioned below–
- Max Bupa Health
- Aditya Birla Health Insurance
- Religare Health Insurance
- Bharti AXA Health Insurance
- Edelweiss Health Insurance
- Digit Health Insurance
- Liberty Health Insurance
- Star Health Insurance