When it comes to protecting your health and finances, buying a health insurance policy is one of the smartest decisions you can make. But here’s the catch—many people in India still fall into common traps when purchasing a plan, resulting in claim rejections, hidden costs, and inadequate coverage.
To help you make an informed decision, here are the top 5 mistakes to avoid when buying health insurance in India.
🚫 1. Choosing the Lowest Premium Policy Without Checking Coverage
It’s tempting to go for the cheapest plan—but a lower premium often means limited benefits. You may end up with:
- Low sum insured
- Fewer network hospitals
- High co-pay requirements or exclusions
✅ Smart Tip: Balance affordability with adequate coverage. Don’t sacrifice essential features just to save a few hundred rupees.
🚫 2. Ignoring Pre-Existing Conditions & Waiting Periods
Many buyers fail to disclose existing medical conditions or assume they’re automatically covered. Most policies have waiting periods of 1–4 years for pre-existing illnesses and specific treatments.
✅ Smart Tip: Always disclose your full medical history honestly. Choose plans with lower waiting periods if applicable.
🚫 3. Not Checking the Network Hospitals List
Cashless claims are only possible if you’re admitted to a network hospital. Not checking this list in advance can leave you scrambling in emergencies—and stuck with out-of-pocket expenses.
✅ Smart Tip: Pick insurers with a wide cashless hospital network, especially in your city or frequent travel zones.
🚫 4. Overlooking Policy Exclusions
All health policies have a section called “exclusions”—things the insurer will not cover. Common exclusions include cosmetic surgeries, dental treatments, and injuries from adventure sports.
✅ Smart Tip: Always read the fine print. Don’t wait until you file a claim to realize what isn’t covered.
🚫 5. Delaying Purchase Until Later in Life
Many people wait until their 40s or 50s to buy health insurance. But by then, premiums are much higher, and chances of exclusions or rejections are greater.
✅ Smart Tip: The best time to buy health insurance is when you’re young and healthy. You’ll get better coverage at a lower premium.
✅ Final Thoughts
When you’re ready to buy health insurance online in India, make sure you:
- Compare policies carefully
- Read the policy brochure and terms
- Ask questions if you’re unsure
A bit of research today can save you from big financial shocks tomorrow.
💬 Need help choosing the right plan?
At Aum Enterprises, we guide you every step of the way—from plan comparison to claims assistance.
📩 Contact us today for a FREE consultation.