Individual Health Insurance Plans starting just at ₹243/month*
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Coverage up to ₹5 Crores
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10,000+ Network Hospitals*
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20+ Add-Ons Available*
Individual Health Insurance Plans
Medical emergencies usually strike unexpectedly, leading to overwhelming hospital bills and associated expenses. Health insurance is an essential financial support system that helps you manage today's ever-increasing medical costs.
Whether you need coverage for unexpected hospitalisations, treatments or surgeries, a reliable individual health insurance plan can help you prioritise your health without depleting your savings.
At IndusInd General Insurance, we offer tailored health insurance for individuals that cater to your unique and diverse healthcare needs. Our individual health insurance plans are designed to provide comprehensive coverage and financial support, ensuring you can efficiently manage your healthcare expenses.
For example, our Health Global Plan is an international health insurance policy that provides coverage for planned treatments abroad and for planned and emergency treatments in India. Meanwhile, our Reliance Health Infinity Plan is a single insurance plan that allows you to "Live Life without Limits" by offering limitless coverage.
What is Individual Health Insurance?
An individual health insurance policy is designed to provide medical coverage for a single person.
It covers expenses related to inpatient and outpatient treatments, medications, pre & post-hospitalisations and many other healthcare services. Unlike a family floater plan that covers multiple family members under one policy, individual health insurance focuses solely on the needs of one person.
Understanding individual health insurance is essential for making an informed decision about your healthcare needs. You can buy a separate policy for yourself, your spouse and your ageing parents based on everyone’s unique medical requirements. This ensures that each insured will have an individual health insurance policy with a dedicated sum insured.
For example, if a single health insurance has a sum insured of ₹10 lakhs, the policyholder can claim up to ₹10 lakhs for medical expenses within the policy period. This assistance allows you to focus on recovery without any financial strain. Note that you need to make regular premium payments to maintain coverage.
IndusInd General Insurance offers a range of health insurance policies, including Health Global, Health Infinity, Health Gain and Health Super Top-Up, to cater to different individual health insurance needs.
IndusInd Health Global Plan provides comprehensive protection worldwide, including coverage for listed critical illnesses. It also offers beneficial services such as second medical opinions from global experts. This plan ensures that you are well-supported and protected, whether you are at home or abroad.
Meanwhile, our Health Infinity Plan offers extensive coverage that goes beyond basic medical attention. It includes unique benefits such as unlimited restoration of the sum insured, coverage for maternity and newborn baby expenses, modern treatments and medical equipment. The plan also offers optional add-ons like air ambulance services, home care treatments, coverage for medical equipment and more.
Importance of Individual Health Insurance
Here are some key aspects regarding the importance of individual health insurance:
Why Should You Choose IndusInd Individual Health Insurance?
IndusInd General Insurance offers a range of affordable and comprehensive individual health insurance plans to address your unique healthcare requirements. Our policies provide broad coverage for a number of medical expenses, including inpatient care, OPD visits, pre-and post-hospitalisations, routine check-ups, surgeries and planned international treatments. We also offer cashless hospitalisation across India, ensuring you receive the best possible care when you need it the most.
Up to 40% Off on Premiums*
More coverage & more savings!
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Quick support anywhere!
Over 10,000 Hospitals*
Quick cashless claims pan-India!
AYUSH & Modern Surgery
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Individual Health Insurance - Features and Benefits
Key Features | Benefits of IndusInd Individual Health Insurance |
|---|---|
Sum Insured | ₹5 Lakhs - ₹5 Crore |
Policy Type | Individual |
Cashless Hospitalisation | 10,000+ cashless hospitals, including non-network hospitals with the 'Cashless Everywhere' feature |
Pre & Post Hospitalisation | Covered up to a specified limit |
Tax Benefits | Up to ₹1 lakh* under Section 80D |
Paperwork | Zero Paperwork |
Voluntary Co-payment | Option available |
COVID-19 Cover | Available in all health policies |
Add-ons | Worldwide emergency cover, unlimited restore benefit, maternity cover and more |
Critical Illness Cover | Covers all illnesses, including specific critical illnesses, under Health Global policy |
Daycare Procedures | Offers coverage for advanced treatment procedures that do not require a 24-hour hospital stay |
AYUSH Treatment | Offers coverage for alternative treatments under AYUSH |
Renewability | Lifetime renewability, ensuring continued coverage without any restrictions of age or health condition |
Digital Convenience | Online policy management and easy claim process |
Personal Health Insurance Cost | Premium rates starting at ₹243/month* |
Choose IndusInd General Insurance for reliable and extensive individual medical insurance that caters to all your healthcare needs.
Individual Health Insurance Plans Offered by IndusInd General Insurance
The table below provides key features of individual health insurance plans offered by IndusInd General Insurance:
Feature/Plan | Health Infinity Insurance | Health Global Insurance |
|---|---|---|
Sum Insured Options | Up to ₹5 Crores* | Up to USD 1 Million* |
Coverage Type | Comprehensive health coverage | International and domestic coverage |
Cashless Treatment | Available with the 'Cashless Everywhere' feature in India | Available both in India and worldwide |
Critical Illness Cover | Optional | Covers all illnesses |
Maternity and Newborn Baby | Covered | Not covered |
Daycare Procedures | Covered | Covered |
OPD Expenses | Covered | Covered |
Pre-Existing Disease Waiting Period | 2-4 years, based on the plan | 2-4 years, depending on the plan chosen |
Renewability | Lifetime | Lifetime |
Add-ons/Optional Covers | Maternity Cover, Unlimited Restore Benefit, Medical Equipment Cover and more | Optional cover for treatment in India, Waiver of Co-payment, Change in Pre-Existing Disease Waiting period and more |
Tax Benefits* | Up to ₹1 lakh* under Section 80D of the Income Tax Act | Up to ₹1 lakh* under Section 80D of the Income Tax Act |
Digital Convenience | Online policy management | Online policy management |
Key Inclusions and Exclusions of IndusInd Individual Health Insurance
IndusInd General Insurance offers one of the best individual health insurance plans in the market, with wide coverage and transparency regarding inclusions and exclusions. You must carefully read the inclusions and exclusions of an individual insurance policy.
Inclusions
Hospitalisation - Covers all major medical expenses during hospitalisation, including room rent, ICU, surgeon’s fees and other medical costs.
Pre and Post Hospitalisation - Covers medical expenses up to 90 days before hospitalisation and up to 180 days after discharge (under the Reliance Health Infinity Plan).
Daycare Procedures - Covers medical treatments and surgeries that do not require a 24-hour stay due to recent technological advancements and innovations.
Ambulance Charges - Covers costs for travelling to the hospital and back home, ensuring comprehensive financial assistance for emergency medical transport.
AYUSH Treatment - Covers treatments under AYUSH. This gives you the flexibility to opt for alternative treatments.
Organ Donor Expenses - Covers medical expenses for the organ donor during organ transplant procedures, easing the financial burden associated with organ donation procedures.
Exclusions
Pre-existing Conditions - Conditions existing before the policy start date have a waiting period, which can be reduced with add-ons.
Cosmetic Procedures - Unnecessary procedures for appearance enhancement, like plastic surgery, are excluded unless accident-related.
Self-inflicted Injuries - Injuries due to attempted suicide or self-harm are not covered in the individual mediclaim policy.
Substance Abuse - Treatments arising out of the use of alcohol, drugs or other intoxicants are not covered.
Illegal Activity - Injuries or illnesses incurred from illegal activities are not covered in single health insurance plans.
War and Nuclear Risks - Any claims arising from war, invasion or explosion of nuclear materials are not included.
Understanding these key inclusions and exclusions can help you make informed decisions about the best medical insurance plans for individuals.
Eligibility Criteria for Individual Health Insurance
Understanding the eligibility criteria when buying individual health insurance online is important to finding the right plan and ensuring smooth processing. This knowledge helps you choose the best policy that fits your needs and circumstances.
Eligibility | Specifications |
|---|---|
Age | 18 - 65 years of age
|
Nationality | Indian |
Medical History | Your current health and medical history |
How to Buy Individual Health Insurance Policy Online?
IndusInd General Insurance offers a seamless and hassle-free process to purchase individual health insurance online. Follow these steps to secure your individual medical insurance:
Step 1
Visit the website and navigate to the ‘Health Insurance’ section.
Step 2
Enter your mobile number, name and pin code, and after that, click ‘View Prices’.
Step 3
Select who you wish to cover - self, family, parents, or in-laws. Choose the type of coverage you need, such as hospitalisation, hospitalisation + OPD, maternity, global or top-up.
Step 4
Select your sum insured, add-ons and policy tenure to tailor the plan to your specific needs.
Step 5
Provide all necessary personal details, make the payment online through secure payment options, and receive your policy via e-mail.
How to Renew Individual Health Insurance Policy Online?
You can renew your individual health insurance policy online through the IndusInd General Insurance website or the IndusInd Self-i app. Follow these simple steps for a hassle-free individual health insurance renewal:
On the website:
Visit the Renewal Section
On the IndusInd General Insurance homepage, navigate to Renewal > Health Insurance.
Enter Policy Details
Input your individual medical insurance policy number and its expiry date.
Complete Payment
Click “Go” and follow the payment instructions to complete the renewal process.
On the Self-i App:
Download the App
Download the IndusInd Self-i app from the app store.
Access Your Policy
As an existing customer, log in to the app to access all your policy details.
Renew Your Policy
Select the individual health insurance policy you want to renew and complete the payment process.
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Factors to Consider Before Choosing Individual Health Insurance
Here are some of the key factors to consider before selecting an individual health insurance policy:
Coverage Options
Check if your policy covers a range of medical expenses, including planned and emergency treatments, OPD and daycare procedures.
Premiums
Compare premiums across different individual health insurance companies. Prefer plans that offer extensive coverage at affordable rates.
Network Hospitals
Check for your insurer’s list of network hospitals. A vast network ensures timely treatment during medical emergencies.
Claim Settlement Ratio
Choose an insurer with a high claim settlement ratio. This ensures that your claims will be settled without problems.
Customer Reviews
Before you buy personal health insurance, read the company's customer reviews and testimonials to make an informed decision.
Add-ons
Select policies that offer add-ons. This will help you enhance your existing policy as per your healthcare requirements.
Consider these factors to determine if individual health insurance is worth buying for your needs. This will ensure comprehensive coverage and peace of mind.
Tax Benefits of Individual Health Insurance
Under Section 80D of the Income Tax Act of 1961, you can claim tax deductions for premiums paid on health insurance plans for you and your dependent parents.
Here’s how it works:
Self and Family (Below 60 years): ₹25,000* deduction on premiums.
Self and Family (Above 60 years): ₹50,000* deduction on premiums.
You can claim additional deductions for health insurance premiums paid for dependent parents:
Parents (Below 60 years): ₹25,000* additional deduction.
Parents (Above 60 years): ₹50,000* additional deduction.
If both you and your parents are above 60 years, you can claim:
Self and Family (Above 60 years): ₹50,000* deduction on premiums.
Parents (Above 60 years): ₹50,000* additional deduction.
This way, the total permissible deductions can sum up to ₹1 lakh*, maximising your savings while ensuring comprehensive health coverage for your entire family.
Preventive Health Check-ups: You can also claim a deduction of up to ₹5,000* for preventive health check-ups within your ₹25,000* or ₹50,000* limit, as applicable.
Eligibility Criteria to Avail Tax Benefits of Individual Health Insurance
The policyholder must be a taxpayer
The policyholder must be a resident of India
Premiums must be paid by any mode other than cash
Premiums must be paid for the relevant financial year. For policies with single premium payments covering multiple years, the deduction is allowed proportionately for each financial year
Difference between Group Health Insurance and Individual Health Insurance
Choosing between group health insurance and individual health insurance depends on various factors, including your employment status, personal health needs, and financial considerations. Here is a detailed comparison to help you understand the key differences and make an informed decision.
Feature | Individual Health Insurance | Group Health Insurance |
|---|---|---|
Sum Insured Flexibility | Customisable as per individual need.
| Predetermined by employer/group. |
Coverage Scope | Covers the individual and family members opted for | Covers all employees/members of the group and their families under the same policy, such as Reliance Group Mediclaim |
Premium Payment | Paid by the individual | Paid by the employer/group |
Policy Customisation | Higher flexibility in plan selection, with options to add riders | Standard plan for all members with limited customisation options |
Waiting Period for Pre-Existing Diseases | Shorter or as per policy terms | Generally shorter or waived, especially in corporate plans like IndusInd Group Mediclaim |
Renewability | Lifelong renewability, ensuring continuous coverage regardless of employment status | Tied to employment or membership, coverage stops when employment ends |
Maternity benefits | Available based on the chosen plan. For example, IndusInd Health Infinity offers comprehensive coverage, including pre and post-natal care, delivery expenses, and newborn care, ensuring extensive support during maternity | Often included in group policies with immediate coverage in some cases |
Network hospitals | Access to an extensive network of over 10,000 hospitals | Depends on the group policy but usually includes a wide network of hospitals |
Tax benefits | Tax deductions up to ₹25,000* for individuals and ₹50,000* for senior citizens. If you are paying premiums for yourself and your senior citizen parents, the total deduction can go up to ₹1 lakh* | Benefits are mostly to the employer, but employees can also claim deductions on the premium they pay |
Claim process | Directly involves the individual. Reliance General Insurance offers a simple claim process | Managed by the employer/group. This can simplify the process for employees |
Portability | Easy portability between individual medical insurance plans, ensuring continuous coverage. | Limited to group policy terms; may not be easily portable to an individual policy |
By understanding the key differences between group health insurance and individual health insurance, you can make an informed buying decision based on your specific needs and circumstances.
Difference between Individual Health Insurance and Family Floater Health Insurance
It is critical to assess your health insurance needs before buying any policy online. The table below provides key differences between individual health insurance and family floater health insurance to help you make an informed decision:
| Features | Individual Medical Insurance | Family Floater Health Insurance |
|---|---|---|
Coverage Scope | Covers only the individual policyholder | Covers the entire family under a single policy |
Flexibility | High flexibility with options to add riders and customise the policy as per personal requirements. | Less flexibility as the policy is standardised for all family members |
Renewability | Lifelong renewability, allowing continuous coverage regardless of age or health status | Typically tied to the head of the family's coverage. |
Maternity benefits | For example, Reliance Health Infinity offers pre and post-natal care, delivery expenses, and newborn care, which ensure extensive support during maternity | Maternity benefits are often available in family floater plans, providing coverage for pregnancy and childbirth-related expenses |
Network hospitals | Access to a wide network of over 10,000 hospitals providing cashless facilities | Similar network access, providing cashless facilities for all insured family members |
Tax Benefits* | The individual policyholder avails tax deductions | Tax benefits are availed by the proposer, and not all family members |
Compare Individual Health Insurance Plans Online
Buying an individual health insurance requires careful deliberations. Comparing individual health insurance plans online can help you select a policy that offers the required value, coverage and benefits. The table below compares individual health insurance plans offered by Reliance General Insurance and other insurers in the market.
Feature | IndusInd Individual Health Insurance Policy | Individual Medical Insurance by Other Insurers |
|---|---|---|
Coverage Option | Comprehensive coverage for planned & emergency hospitalisations, daycare procedures, modern treatments, ambulance charges and more | Basic coverage, which is often limited to hospitalisation and fewer outpatient services |
Sum Insured Options | Up to ₹5 Crore (IndusInd Health Infinity) and USD 1 Million (IndusInd Health Global) | Up to ₹1 Crore |
Premium Cost | Starting at ₹243* per month | Starting at ₹300 - ₹500 per month |
Network hospitals | 10,000+ hospitals and 'Cashless Everywhere' feature | 8,700+ cashless hospitals |
Pre and Post-Hospitalisation | Up to 90 days pre and 180 days post-hospitalisation covered. | Up to 60 days pre and 90 days post-hospitalisation covered. |
Maternity benefits | Available (e.g., Health Infinity). It offers comprehensive coverage, including pre and post-natal care, as well as expenses for delivery and newborn care, ensuring extensive support during maternity. | May not be available |
Initial Waiting Period | Minimum 15 days | Minimum 30 days |
Guaranteed cumulative bonus | Up to 100% | May or may not be available |
Critical Illness Cover | No pre-screening required | Usually required |
Unlimited Reinstatement | Available | May or may not be available based on the plan |
Co-Payment | Optional | Fixed co-payment |
Room Rent Limit | No limit | Pay extra to upgrade |
COVID-19 Coverage | All plans | Selected plans |
How Much Individual Health Insurance Coverage Should You Have?
Determining the right amount of individual health insurance coverage is crucial to ensure you are adequately protected against medical expenses. Here are a few factors and examples to help you decide the appropriate coverage based on different age brackets and circumstances:
Young Adults (20-30 years)
Coverage Recommendation: Typically, young adults can opt for an individual health insurance plan with coverage starting from ₹5 lakhs.
Reasoning: The likelihood of falling seriously ill is lower at this age, so a basic coverage amount is usually sufficient. This allows for affordable premiums while still providing financial security.
Example: If you are 25 years old with an annual income of ₹10 lakhs, individual medical insurance with a coverage of ₹5-10 lakhs would be adequate.
Middle-Aged Adults (30-50 years)
Coverage Recommendation: Individuals in this age group should consider coverage of at least ₹10-20 lakhs.
Reasoning: Medical needs and risks start to increase in this age bracket. Additionally, many may have dependent family members, increasing the need for higher coverage.
Example: A 40-year-old with an annual income of ₹20 lakhs might opt for a coverage amount of ₹10-20* lakhs to ensure comprehensive protection for themselves and their family.
Senior Citizens (Above 50 years)
Coverage Recommendation: Senior citizens should ideally have a health insurance policy with a coverage of ₹20-50 lakhs or more.
Reasoning: Medical expenses tend to rise significantly with age due to increased healthcare needs. It’s crucial to have a high sum insured to cover potential surgeries and hospitalisations.
Example: For a senior citizen, bypass surgery alone can cost up to ₹2 lakhs. Hence, it is advisable to have coverage of at least ₹20-50 lakhs to ensure sufficient financial protection.
Families
Coverage Recommendation: For a family of four, a family floater plan with a sum insured of ₹10-15 lakhs is recommended.
Reasoning: Family floater plans provide coverage for all members under a single sum insured, which any member of the family can utilise.
Example: For a family comprising two adults and two children, a health insurance policy with a coverage of ₹10-15 lakhs ensures that the family is well-protected against medical emergencies.
How to Calculate Individual Health Insurance Premium?
Calculating your individual health insurance premium involves understanding the factors that influence the cost and using an individual health insurance premium calculator to get an accurate estimate.
This process helps you determine how much you need to pay for your individual health insurance policy coverage and ensures you choose a policy that fits your financial and healthcare needs.
At IndusInd General Insurance, we consider several factors, including your age, policy type (individual/family floater), selected sum insured and add-ons, to calculate your health insurance premium amount. Worry not; you can just follow the below steps to check your Reliance Individual Health Insurance premium:
Step 1: Visit the Official Website
Go to IndusInd General Insurance and navigate to the Health Insurance page.
Step 2: Enter Your Details
Provide your age, phone number and other basic information.
Step 3: Input Coverage Information
Specify the individuals you want to insure, the coverage amount you need, and any add-ons you wish to include. Click "Get Price" to see your estimated individual medical insurance cost, along with available discounts.
Individual Medical Insurance: Process for Cashless Claims
Register Your Claim: Inform our health insurance claims team about your hospitalisation by calling (+91) 22-4890-3009, via e-mail or using the IndusInd Self-i application. You will need to submit a few documents for claims approval.
Visit Hospital for Cashless Treatment: Once your claim documents are approved and our team processes your claim request, you can visit the hospital for cashless treatment.
Settle Your Claims Via Hospital’s TPA: After your treatment is complete, the TPA desk of your chosen hospital will contact us and send your medical bills. The claims team will collaborate with the hospital to settle your invoices as per the policy terms.
Individual Mediclaim Policy: Process for Reimbursement Claims
Register Your Claim: As soon as you are prescribed a hospitalisation, inform our health insurance claims team by calling (+91) 22-4890-3009, via e-mail or using the IndusInd Self-i app. You will need to submit some required documents for claims approval.
Undergo Treatment: After your claim is registered, you can get treatment at any hospital of your choice.
Make the Payment: You must pay for the treatment out of your own pocket for a reimbursement claim. Make the necessary payment and collect all the invoices.
Submit Your Documents for Reimbursement: Within 7 days of discharge, submit a scanned copy of all your health insurance documents and medical bills to our claims team. Once the documents are received and verified, IndusInd General Insurance will release your reimbursement amount as per the inclusions of your health insurance plan.
Documents Required to File a Health Insurance Claim
You need to submit various documents while filing an individual health insurance claim to ensure a smooth and hassle-free process. Here is a list of essential documents you need to provide:
1. Pre-Authorisation Form: This is usually required when you opt for cashless treatment. Here is the pre-authorisation form.
2.Claim Form: Download the relevant health claim form. You need to carefully fill out and submit it to initiate the claim process.
3. Policy Details: We need details about your individual health insurance policy, including your policy number, to verify the specifics of your policy.
4. Identity Proof: To verify your link to the said policy, you need to submit a valid identity proof, such as your Aadhaar card or PAN card.
5. Original Hospital Bills and Receipts: You also need to submit all the original hospital bills and receipts (detailing all the expenses incurred by you and/or during the treatment).
6. Discharge Summary: The hospital provides this document, which details all the treatments received during your hospitalisation.
7. Pharmacy Bills: Submit all original medicine bills (for the medicines used during the hospitalisation). Note that these medicines should correspond to the doctor’s prescriptions.
Tips for Managing Your Individual Health Insurance Policy
Managing your individual health insurance policy effectively ensures you maximise your coverage and benefits while minimising costs. Here are some practical tips to help you effectively maintain and manage your policy:
Regularly Review Your Coverage: Regularly check for updates and ensure your policy aligns with your healthcare needs. Increase your sum insured if required to maintain comprehensive individual health insurance coverage.
Update Personal Information: Keep your insurance provider updated about any changes in your personal information, such as address, contact details and marital status. This ensures smooth communication and accurate policy management.
Understand Policy Changes: Stay updated on the changes in terms and conditions of your policy. Carefully read all communication provided by your insurer to stay informed about your coverage.
Optimise Your Benefits: Include add-ons provided by your insurer, such as critical illness cover, OPD, etc. This enhances your coverage, ensuring you get the most out of your policy.
Maintain Documentation: Keep all policy documents, claim documents, payment receipts, etc. Maintain digital copies as backups to ensure you have access to necessary documents when needed.
Discharge Summary: The hospital provides this document, which details all the treatments received during your hospitalisation.
Renew on Time: Renew your policy before the expiry date to avoid a lapse in coverage. This is extremely important as it helps to keep your coverage, add-ons and any cumulative bonus intact.
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