These days it is essential for financial security to have health insurance even when you are self-employed individual in India. There are a number of factors to consider before choosing a an insurance for yourself. Here are some factors to keep in mind:
- Adequate Sum Insured
Aim for coverage at least ₹5–10 lakh, or ideally 2–3× your annual income to safeguard against unexpected medical costs. European Business MagazineACKO - Policy Type
- Individual Plans suit solo professionals with specific health needs.
- Family Floater Plans cover your spouse, children, or parents under one sum insured—often more cost-effective. European Business MagazineFinaanzz
- Essential Features
Look for OPD and daycare coverage, shorter waiting periods, no harsh sub-limits, trusted claim settlement ratios, and easy digital claims. European Business MagazineFinaanzz - Flexibility & Add-ons
Choose policies offering monthly premium options, fixed premium guarantees, and useful riders like critical illness, maternity, or top-up coverage. Bajaj Finserv HealthFinaanzzStarhealthCare Health Insurance - Tax Benefits
Under Section 80D, you can deduct premiums paid—up to ₹25,000 for yourself and family, and ₹50,000 if parents are senior citizens. kfclistens.netWikipedia
Top Plans to Consider (2025)
- Aditya Birla Activ Fit: Up to ₹2 crore coverage, wellness rewards, pre/post-hospitalisation, health check-ups. kfclistens.net
- Bajaj Allianz All-New Health Guard: Flexible EMI payments; sum insured ₹1.5 lakh–₹1 crore. kfclistens.net
- HDFC ERGO Optima Secure: No room-rent limits, unlimited restoration, wide hospital network—ideal for families. kfclistens.net
- ACKO Platinum Plan: Zero waiting period, high or unlimited coverage, zero-deduction claims, OPD, and add-ons. ACKO+1
If you’re seeking flexibility, robust coverage, and strong claim support, these plans are worth exploring. Let me know if you’d like help comparing quotes or understanding specific policy features!
