Health Insurance
can be confusing.
We make it simple.
Understand your options, avoid costly mistakes, and choose what truly protects your family.
Health Insurance Services
Tailored health insurance solutions for individuals, families, parents, NRIs and groups, with clear guidance, policy reviews and support through the claims process.
Personal & Family Health Insurance
We understand your family's health needs and budget to recommend the most suitable policy.
Health Insurance for Parents
We suggest affordable and reliable coverage for your parents.
Coverage for Diabetes, BP & Lifestyle Conditions
Find plans that accept pre-existing conditions without waiting periods.
Plans for startups, gated communities, alumni groups
We can customize plans for your group to offer powerful benefits at lower costs.
Understanding Health Insurance
Health insurance protects you and your family from the financial burden of medical emergencies. Here is what you need to know before choosing a policy.
What is Health Insurance?
Health insurance is a type of insurance that covers medical expenses arising from illness, injury, or hospitalization. In exchange for a premium, the insurance company agrees to pay for your healthcare costs, either directly to the hospital (cashless) or as reimbursement after you pay the bills.
A good health insurance policy protects you from the financial burden of unexpected medical emergencies, which can otherwise deplete your savings or push you into debt. It ensures you and your family can access quality healthcare without worrying about the cost.
Why Do You Need Health Insurance?
Medical costs in India are rising rapidly, and a single hospitalization can cost lakhs of rupees. Without health insurance, you would have to pay these expenses out of pocket, which can severely impact your financial stability and long-term goals.
Health insurance provides peace of mind by ensuring that you can focus on recovery rather than worrying about bills. It also gives you access to better hospitals, advanced treatments, and quality care that you might otherwise avoid due to cost concerns.
Types of Health Insurance in India
Individual Health Insurance
Covers a single person for hospitalization, pre and post hospitalization expenses, daycare procedures, and more. Ideal for young professionals and individuals who want dedicated coverage.
Family Floater Plans
Covers the entire family under a single sum insured. The coverage can be used by any family member as needed. More economical than buying separate policies for each member.
Critical Illness Insurance
Provides a lump sum payout on diagnosis of specified critical illnesses like cancer, heart attack, or stroke. This amount can be used for treatment or to cover income loss during recovery.
Key Features to Look for in Health Insurance
When choosing a health insurance policy, consider factors like sum insured (coverage amount), room rent limits, co-payment clauses, waiting periods for pre-existing diseases, network hospitals for cashless treatment, and coverage for daycare procedures.
Also check for sub-limits on specific treatments, coverage for consumables, maternity benefits if needed, and the claim settlement ratio of the insurer. A policy with fewer restrictions and a higher claim settlement ratio is generally better, even if the premium is slightly higher.
Helpful Articles
Explore our helpful articles to gain expert insurance tips, practical guidance, and insights that protect your future effectively.
Choose Thodu for a well-guided insurance purchase
Speak with one of our experienced insurance advisors today and find the coverage that's right for you. Your peace of mind is our priority.
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