A high-value health insurance of Rs 1 crore is an insurance plan that can cover exorbitant medical expenses incurred on expensive healthcare treatments. The health insurance of Rs 1 Crore covers pre-hospitalisation expenses up to 30 days and post-hospitalisation expenses up to 60 days. It also covers the expenses of an organ donor and an air ambulance. The health insurance of Rs 1 Crore can serve as a crucial financial safeguard against those life-threatening diseases which involve expensive treatments. This health insurance will not cover a pre-existing disease if kept undisclosed at the time of the purchase.
Covered for minimum hospitalisation of 24 hours
Up to 30 days
Up to 60 days
No Claim Bonus
10% - 50%
Organ Donor Expenses
The premiums paid can be claimed under Section 80D of the Income Tax Act, 1961.
Add-On Covers Available
Repatriation cover, critical illness cover, second medical opinion, global cover, compassionate visit, etc.
To ensure you have extensive coverage against any medical emergency that comes your way, add-ons are a must! With the help of add-on covers, you can get additional features under the ₹1 Crore health insurance plans that weren’t covered previously.
Many health insurance policies do not allow policyholders to renew the plan after a certain age. However, the ₹1 Crore health insurance policy provides the feature of lifelong renewability to enjoy medical coverage even when you are older.
Be it planned treatment or an emergency medical requirement, the health insurance plan of ₹1 Crore has got your back! All the expenses resulting from hospitalisation shall be secured while you focus on recovering.
Save a significant amount on taxes by claiming the premiums paid towards the health policy under Section 80D of the Income Tax Act, 1961!
All hospitalisation expenses incurred, including the operation theatre costs, medicine bills, diagnostic tests, medical practitioner’s fees, costs of surgical or medical appliances, etc.
There is no room rent capping in the ₹1 Crore health insurance policy, and you can choose any hospital room of your choice.
All types of daycare treatments that do not require 24 hours of hospitalisation are covered under this insurance plan.
Coverage for the pre-hospitalisation cost of 60 days and the post-hospitalisation cost of 120 days is offered under such a high-value health insurance plan.
Expenses for an emergency road ambulance are covered.
The cost of facilities for airlifting using medically-equipped speciality aircraft or an air ambulance will be covered without any extra premium payment.
An undisclosed pre-existing disease will not be covered if it is not informed at the time of purchase.
Infertility or artificial insemination treatments, as well as treatments related to birth control, are not covered.
Hospitalisation expenses related to childbirth or pregnancy are not covered.
Surgery for Gender Reassignment:
The expenses resulting from gender reassignment surgeries or related treatment are not covered.
Cosmetic surgeries are not covered unless the need arises due to a medical emergency or due to accidental injury.
Dental surgery is not covered except for accidental injuries.
Hospitalisation expenses incurred due to a suicide attempt are not covered.
The entry age is between 18 years to 65 years.
The age of dependent children or grandchildren must be between 3 months to 25 years.
Age of Policyholder
Cost (Per Month)*
*Indicative figures. Pricing will vary depending upon the insurance company you pick and the terms of your policy.
Here are a few factors to take into account before buying a high-value health insurance policy:
While purchasing a health insurance policy, do keep in mind the age of the family members who need to be insured. This is because, in a family floater policy, the premium cost would depend on the age of the eldest family member.
Any past history of a hereditary illness in your family or any ailment that you may have suffered earlier can increase the premium of a health cover. Avoid hiding such medical details and disclose them to the insurer to steer clear of claim rejections or policy cancellations.
An unhealthy lifestyle with habits like smoking and drinking puts you at risk of developing chronic illnesses, and this can increase your ₹1 Crore health insurance policy premium. Make sure you understand the clauses well before purchasing a health policy.
As the insurance coverage of your ₹1 Crore health plan is higher, it is bound to affect the premium cost. A higher sum insured and additional add-on covers can together lead to a higher insurance rate. This is why it is crucial to only opt for add-ons that meet your insurance needs!
It is hard to predict the exact sum insured that might work for you. However, in the following cases, it is advisable to opt for a higher sum insured:
If you have a family history of any critical illness.
If you work in a hazardous work environment.
If you do not have other investments to help take care of possible medical requirements in the future.
If you want to safeguard your assets and keep your investments intact in case of any health emergency.
Here is a step-by-step guide to help you purchase the best ₹1 Crore health insurance plans:
Step 1: Go to the ‘Health Insurance Premium Calculator’ page.
Step 2: Enter the required details like the age, gender, coverage needed, etc.
Step 3: Browse through various plans and compare them.
Step 4: Choose a plan that suits your medical requirements.
Step 5: Pick any add-on covers in case you require them.
Step 6: Pay your health insurance premium online.
Your health insurance plan shall be issued soon!
Certain health insurance plans offer exclusive coverage for critical illnesses, while others come with broader coverage and a higher sum insured. This can easily make it tough to make a choice between the two. Let us check out when each of these covers can be helpful:
Such an option is helpful if you want to protect yourself against critical illnesses like cancer, heart disease, stroke, etc. Thus, a health insurance plan with critical illness coverage may be ideal for you if:
Any such illnesses run in your family
On the other hand, a health insurance cover of ₹1 Crore will provide coverage for hospitalisation expenses, medical consultant fees, diagnostic charges and more. Using add-on covers, you can also enhance the coverage offered by such a high-value plan. In essence, a ₹1 Crore plan will safeguard your savings while ensuring access to top-notch medical care, covering all your bases. Thus, you should opt for such plans if:
You need access to care at specialty hospitals.
You want overseas treatments and surgeries covered.
You have a history of chronic ailments in the family.
Yes, buying health insurance online is certainly possible. In fact, most health insurance providers offer a wide variety of medical insurance plans online.
Generally, the grace period for a ₹1 Crore health insurance plan will vary from 15 to 30 days. However, the grace period clause varies from one insurance provider to the other. Therefore, you should carefully review your policy document to ascertain the duration of this period and its allied penalties.
No. There is no real cap on the amount you can claim in one go. However, your claim should be within the sum insured limits, i.e., ₹1 Crore. You can file claims against your ₹1 Crore medical insurance plan as long as you don’t exhaust your sum insured reserve.