Originally posted by kailasp4u In effect, I find that insurance companies in India donot wish to sell term insurance.

Originally posted by rticici Advantages of having a health life insurance1) With health insurance, you do not have to worry about the cost of care when you are sick.2) Health insurance can protect you from the risk of uncertain bills for health care. 3) You’re insured!4) Tax breaks can help

Health Insurance provides various health cover benefits to you and your family. You don’t need to worry about medical expenses for good medical treatment if you have health insurance. It gives you financial stability against unforseen medical expenses. You will get tax benefits under Section 80D of The Income Tax Act.

I have gone through health plans offered by Max Bupa which is the new specialist Health Insurance Provider in India. Its health policies have been designed keeping in mind health needs of individuals & Indian families. It offers many benefits which include maternity benefits, new born child coverage, cashless facility at top hospitals etc. It also offers employee health insurance plan that provide medical benefits to employees and their families.

For those who are looking for health insurance, I would suggest them to check Max Bupa's health insurance plans in addition to other insurance providers. Compare their policies and choose a plan what suits your health cover needs.

Originally posted by jagbir Please include a good accidental and disability policy also in the list of must have. I have seen incident where a person met with fatal accident which made him lose his job/income and spend large part of savings in treatment. There is no use of Term insurance here as person is alive but unable to generate income required to sustain family needs. A pure accidental and disability which is relatively cheaper policy is best suitable for such unfortunate incidents. This should be purchased separately instead of taking riders along with other policies which are usually much expensive compared to standalone policy.

Originally posted by jagbir A rough calculation of premium for 25 Lakh sum assured comes at around Rs. 1264 per annum. This is very basic policy, you can add some features if you want. you can also calculate premium per your age/profession etc. here on oriental insurance site.