Rajesh Ask :

Hi, My question is regarding making a choice. I have recently contacted an ICICI Prudential Sales Manager. He explained me about new "Hospital Care" product. It covers the individual for 20 yrs. It has daily hospitalization benefit, post-hospitalization cash, ICU cash etc. It has lump sum benefit for some surgical procedures. Is this product worth buying. The coverage can be chosen from 4 options starting with 20 Lacs. Max claims per year can be 4 Lacs. Concern is, the person will be committed to paying for 20 yrs. So is this worth buying? 

Dear Rajesh...

If you are looking at pure Heath cover then we will recommend you to pick it from ICICI Lombard / Bajaj / Reliance or Govt. Insurance Companies. If you are looking for dedicated Health Insurance companies, then Apollo DKV and Star health is good.

However, if you want to pick a policy that is a combo of Life and Accident Insurance, then 'Hospital Care' from ICICI Pru and Tata-AIG is good.

If you ask my personal opinion, then I will buy a separate Life and Health Insurance policy. If I am self employed and I have to pick my first policy then my preference would be a family floater Health Insurance first followed by a Term Life Insurance. Eventually I will go for retirement policy.

So, you make a choice and we will be happy to get your product suiting your needs.

Cheers !!!

Manish@bonsaiinternational.com

for http://www.NewsandReviews.in

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