Vineet Jain ask : 

I am 23 years old. I want to take a health insurance for myself. I want to know what all things should be kept in mind while taking a cover. And what tax benefits I will get ? 

Dear Vineet : 

Thanks for your query. Request you to quickly register at InsuranceMall, so that you could track your query response and post sales service. 

InsuranceMall team will help you purchase your choice policy off line too, should you wish, but here are quick answers for your attention: 

1. Age Factor : I think you are at a perfrect age to pick your Health Policy. Being young gives you advantage to buy policy at a very competitive rate.  

2. Which is a good Policy ? As I said, you are at the best age to buy your choice Health policy, if you don’t have any pre-existing disease. Bajaj / ICICI / Reliance / Apollo DKV or Govt. Insurance companies, all will be a good bet for you. 

3. Things to remember before Policy purchase : Most of the insurance companies are good but we recommend Bajaj / ICICI / Reliance / Start Health or Apollo DKV. Our customers have found them good in claims and post sales service. However, you have freedom to choose any policy at InsuranceMall as we work with all Insurance companies. 

4. Tax Benefits :  You will get Tax deduction for your individual Health Policy purchase as per the law. 

5. How do I buy my Health policy ? It is very simple Vineet. Just go to www.InsuranceMall.in . Click Health Insurance Icon on the Home Page. There you will have a choice to pick from a) Health Cover b) PA Cover c) Critical Illness. Since you are young and may not have any Pre-Existing ailment, you may want to click a) Health Insurance. Follow the simple navigation by putting your details. The InsuranceMall system will give you many options (Brands). Pick your choice Insurance Company by paying through Credit Card. This way you have bought your policy Online without hassle at your convenience. 

6. What are the Post Purchase activities ? - InsuranceMall Customer Service team will asses your purchase and will do end-to-end paper work for you with your Insurance Company. You will get your Physical Policy in your hand in next 48 hrs, after payment and paper work. 

I also invite you to read an interesting article by Mr Mahavir Chopra – Director, eBusiness for Bonsai International Group on Health Insurance in India.  Here is the link - http://www.buynowindia.com/newsandreviews/index.php/insurance/  

Good Luck Vineet. If you still have queries, you are welcome to call us or chat with us. 

Cheers !!! 

Manish Jaiswal