Policy snapshot
A medical insurance plan that covers one person for hospital and treatment expenses, helping protect savings during medical emergencies.
What is Individual Health Insurance?
Individual Health Insurance provides medical coverage to a single person for hospitalisation, surgeries and covered treatments up to the chosen sum insured.
What can it cover?
- Inpatient hospital expenses
- Pre and post hospitalisation for specified days
- Day care procedures
- Cashless treatment at network hospitals
- Optional AYUSH and modern treatment cover in some plans
Who should consider it?
- Individuals who want dedicated health cover
- Working professionals without sufficient employer health cover
- First time insurance buyers looking for basic protection
Key features to understand
- Dedicated sum insured for one person
- Multiple sum insured and premium options
- Cashless claims at network hospitals
- No claim bonus in many plans
- Tax benefit on premium under Section 80D as per law
What deserves attention before you buy?
Coverage, exclusions, sub-limits, deductibles, waiting periods, warranties and underwriting can vary between insurers and policy versions. The policy wording and schedule remain the definitive contract. Novo can help you review the relevant terms for your requirement.
Read the wording, not just the brochure
The schedule and policy wording determine the actual contract.
Compare meaningful differences
Look at exclusions, limits, deductibles, conditions and claim requirements—not premium alone.
Think beyond purchase
Servicing and claims-related support can matter as much as placement.