vaibhavpp0707
TF Premier
Thank you for your inputs and guidance. Will go for Max cover I can opt and also 1 lacs deductible is not a good idea if it's on approved amount and not total amount.
-
Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.
Hdfc Ergo Optima Secure Health insurance
- Thread starter Sherwin
- Start date
kaykayporty
TF Select
50L is minimum recommended, take it when you can, once some condition kicks in getting insurance is difficult
Not much difference in 20L and 50L price. Better to go for higher value one
They also compensate a health test upto 5K every year on 50L plan. So technically your actual cost comes even lower
ye na ho ki bad health reports dekhke premium bada de renewal me
While taking any Health Insurance, Don't compare the premium what you are going to pay now. Always compare premium applicable at the age of 55+. This is the age when you'll require health insurance most and a heavy premium burden is not going to be easy.
Many Insurance providers design their products in such a way that premium is lower for the age 30-45 but increases exponentially for age 55+. So while comparing insurance premiums between two companies/ two products, consider this as well.
Many Insurance providers design their products in such a way that premium is lower for the age 30-45 but increases exponentially for age 55+. So while comparing insurance premiums between two companies/ two products, consider this as well.
punrziq
TF Select
But even if we ask today there’s no guarantee that the premiums will stay low after 30 years 🤔
Not like that.
Suppose company A offers a product with premium 100 @ 30yrs and premium 500 @60yrs
Company B offers similar product but premium is 125 @30 yrs and premium 400@60yrs.
Both companies might increase premium but the difference is likely to be the similar percentage. Of course no guarantees.
How is premium increase now a days ?
Hi is talking deductible risky in all cases or just here? Isn't taking deductible beneficial if you already have employer insurance of a basic amount (say, 3L) that you can use for all basic treatment?
deductible is not risky.. the 1L is risky as you may not always have corp insurance and for most basic claims they are between 1-2 L so you will pay much more.. 20k deductible is reasonable.. its situational...
Correct, The deductible options are 25k/50k and 1lac for 25%/40% and 50% discount receptively on premiums. In my view 50k for 40% discount hits the sweet spot.
I have optima secure for my wife and I.
Okay... I just inquired and was told that any deductible set will remain in place for 5 years. She said if I am confident that I will have corp insurance coverage for next 5 years go for the deductible...
Also, the post-deductible claims by HDFC Ergo will not be cashless but reimbursement based.
HDFC doesn't says this in policy wordings, and if it is a hidden clause it is very wrong.
And yes, once you opt in for deductible, you can not opt out before 5 years.
Similar threads
