ICICI Pru Health Saver - How Useful Pls advise

[greenhiker]

First ask yourself, what type of health insurance plan your are looking for -
1- Health Insurance or Mediclaim (Indemnity plan)
2- Unit Linked Health Plans (Investment and Health Insurance)
3- Defined Benefit Health Plans (Critical Illness plans and Daily Hospital Cash Benefit plans)

Then you yourself would be able to answer all the above three queries.

Hi Manish,
Thanks.
Definitely I am looking for Mediclaim and also Defined Benefit Health Plans.

I know Healthsaver does not suites much in that segment, but becoz I have already invested & have no money constraints as of now, I need a real advise whether to continue with Health Saver or better buy a New policy. Though Health Saver is linked to equity, how good is this policy to be kept for treatments post 50 yrs. I am 37 already & incase Healthsaver can not fullfill higher age ailments, I may opt from exiting from it & buy another one.
Pls advise me in details.
Cheers

[Manish_Kumar]

I know Healthsaver does not suites much in that segment, but becoz I have already invested & have no money constraints as of now, I need a real advise whether to continue with Health Saver or better buy a New policy. Though Health Saver is linked to equity, how good is this policy to be kept for treatments post 50 yrs. I am 37 already & in case Healthsaver can not full fill higher age ailments, I may opt from exiting from it & buy another one.

Please read the complete review of the plan as mentioned in the above thread by policywala.

My views are - As you had paid premium for four years, pay one more premium (Reason - Lots of exclusions as compared to normal health insurance policy) and also switch to Multiplier or Balancer funds for maximum returns. Also keep in mind if in future the returns of the units are not good then your sum insured will also be reduced.

You can buy a new health insurance plan or top-up plan for additional coverage.