If you are seeking the best health insurance plans in India, you certainly need to do some homework beforehand. Health insurance is a must since it safeguards you and your family members from the financial strain of medical ailments and sudden emergencies. Choosing the right health insurance plan is something that you should invest a little time and energy into since it will pay off marvellously in the long run.

How to choose the best health insurance plan?

When it comes to choosing your health insurance plan, there are some parameters that you must always consider. Here are a few pointers to get you started:

Fixed Benefit Health Insurance Plans

Fixed benefit health insurance plans help you arrange for the costs of medical treatment in case of diagnosis of critical and major diseases without having to dip into your own savings. There are several fixed benefit insurance plans that you can take a look at.

Here are some of the major advantages to keep in mind regarding fixed benefit health insurance plans:

ICICI Prulife Heart/Cancer Protect
Coverage against heart ailment and Cancer.
Claim amount paid out upon first diagnosis of any of the listed minor/ major condition irrespective of actual costs of medical treatment.
High coverage amount for comparatively lower premium, i.e. ₹ 20 lakhs coverage at ₹ 387 per month1.
5% discount on first year premium when you buy health cover for yourself and spouse2.
Waiver of premium in case of minor claim or on diagnosis of permanent disability due to accident.
A 10% increase in sum assured if it is a no claim policy year.
1% of sum assured paid out as additional income for five years after a major condition. This is over and above the lump sum payable.
25% of lump sum payout in case of minor condition diagnosis and 100% payout in case of major condition diagnosis post deduction of any previous payouts on minor claims if applicable.
Life And Health Option With ICICI Pru IProtect Smart
Coverage against 34 critical illness## with life cover.
Payout upon first diagnosis of any critical illness covered under policy.
Longer coverage of up to 30 years is offered.
Special premium rates for women and coverage for female organ cancers such as cervical and breast cancer.
Premium waiver in case of permanent disability3 due to an accident.
Lump sum payout of critical illness benefit without needing any hospital bills.
Premium remains fixed for whole tenor of the policy term.

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1 The premium rate is of ₹ 10 lakh Cancer cover and ₹ 10 Lakh Heart cover for 35 year healthy male for policy term of 20 years and inclusive of tax.
2 A discount of 5% on the first year’s premium will be offered on purchase of ICICI Pru Heart / Cancer Protect when life assured and his/ her spouse is covered under the same policy. The policy benefits of both the Lives Assured shall be independent of each other. The Sums Assured of both the lives could be different. A claim made by one Life Assured under the policy does not affect benefits of other Life Assured. This Family benefit has to be chosen at the inception of the policy only, spouse cannot be added once the policy is issued. This discount is not applicable on Single Pay Policy. With one policy, you can avail either Family Benefit or Loyalty Benefit.
3 On diagnosis of Permanent Disability (PD) due to an accident, the future premiums under your policy for all benefits are waived. To know more about definitions, terms & conditions applicable for permanent disability due to accident, kindly refer sales brochure of ICICI Pru iProtect Smart.
## Accelerated Critical Illness Benefit (ACI Benefit) is optional and available under Life & Health and All in One options. This benefit is payable, on first occurrence of any of the 34 illnesses covered. Medical documents confirming diagnosis of critical illness needs to be submitted. The benefit is payable only on the fulfillment of the definition of the diagnosed critical illness. The ACI Benefit, is accelerated and not an additional benefit which means the policy will continue with the Death Benefit reduced by the extent of the ACI Benefit paid. The future premiums payable under the policy will reduce proportionately. If ACI Benefit paid is equal to the Death Benefit, the policy will terminate on payment of the ACI Benefit. To know more in about ACI Benefit, terms & conditions governing it, kindly refer to sales brochure. ACI Benefit term would be equal to policy term or 30 years or (75-Age at entry), whichever is lower.
ICICI Pru Heart/Cancer Protect . UIN: 105N154V03
ICICI Pru iProtect Smart UIN 105N151V06