Health insurance is no longer a luxury—it’s a necessity. With medical costs rising every year, having the right coverage ensures financial security during emergencies. PolicyBazaar, India’s leading online insurance marketplace, simplifies the process of comparing and buying health insurance. Whether you’re looking for individual coverage, family protection, or senior citizen plans, PolicyBazaar offers a seamless way to find the best policy.
In this guide, we’ll explore:
- Types of health insurance available on PolicyBazaar
- Key benefits and features
- Top insurers on the platform
- How to choose the right plan
- Steps to buy a policy
- FAQs
Why Buy Health Insurance from PolicyBazaar?
PolicyBazaar makes health insurance easy and transparent. Here’s why it’s a preferred choice:
✅ Wide Comparison – Compare multiple insurers, premiums, and benefits in one place.
✅ Transparent Policies – No hidden terms; all inclusions and exclusions are clearly stated.
✅ Hassle-Free Purchase – Buy and renew policies online with minimal paperwork.
✅ Claim Assistance – Dedicated support for quick claim settlements.
✅ Customizable Plans – Add riders like critical illness or maternity coverage.
Types of Health Insurance Plans on PolicyBazaar
PolicyBazaar offers various health insurance policies to suit different needs:
| Plan Type | Best For | Key Features |
|---|---|---|
| Individual Health Plan | Single adults needing personal coverage | Covers hospitalization, doctor fees, medicines |
| Family Floater Plan | Families (spouse, kids, parents) | Single sum insured for all members |
| Senior Citizen Plan | People aged 60+ | Covers age-related illnesses, pre-existing conditions |
| Critical Illness Plan | Protection against major diseases (cancer, heart attack) | Lump-sum payout on diagnosis |
| Disease-Specific Plan | Those with diabetes, cancer, or heart issues | Specialized coverage for specific illnesses |
Top Health Insurance Providers on PolicyBazaar
PolicyBazaar partners with trusted insurers, including:
🔹 Star Health Insurance – Best for family and senior citizen plans.
🔹 HDFC Ergo Health – High claim settlement ratio and cashless hospitals.
🔹 ICICI Lombard – Wide hospital network and quick claim processing.
🔹 Max Bupa – Lifelong renewability and no-claim bonus benefits.
🔹 Religare Health Insurance – Affordable premiums and disease-specific coverage.
Key Features of PolicyBazaar Health Insurance
✔ Cashless Hospitalization – Get treated at network hospitals without upfront payment.
✔ Pre & Post-Hospitalization Cover – Expenses before and after hospitalization are covered.
✔ No-Claim Bonus (NCB) – Reward for claim-free years (increased sum insured).
✔ Daycare Treatment – Covers procedures like dialysis and chemotherapy.
✔ Alternative Medicine Coverage – Some plans include Ayurveda and Homeopathy treatments.
How to Choose the Right Health Insurance?
- Evaluate Your Needs – Consider age, family size, and medical history.
- Check Coverage & Exclusions – Ensure critical illnesses are included.
- Compare Premiums & Benefits – Use PolicyBazaar’s comparison tool.
- Look for Network Hospitals – More hospitals mean easier cashless claims.
- Review Claim Settlement Ratio – Higher ratio = better claim approval chances.
How to Buy Health Insurance on PolicyBazaar?
- Visit PolicyBazaar’s website/app and select “Health Insurance.”
- Enter Details – Age, family members, medical history (if any).
- Compare Plans – Filter by premium, coverage, and benefits.
- Customize Policy – Add riders if needed (e.g., maternity cover).
- Make Payment – Complete the purchase securely online.
- Receive Policy Documents – Sent via email; keep a copy safe.
FAQs About PolicyBazaar Health Insurance
1. Can I buy health insurance for my parents on PolicyBazaar?
Yes! PolicyBazaar offers senior citizen health insurance for parents aged 60+.
2. Does PolicyBazaar help with claims?
Yes, PolicyBazaar provides claim assistance for faster settlements.
3. What is a no-claim bonus (NCB)?
NCB is a reward for not making claims—it increases your sum insured without extra cost.
4. Are pre-existing diseases covered?
Yes, but after a waiting period (usually 2-4 years, depending on the insurer).
5. Can I switch insurers via PolicyBazaar?
Yes, PolicyBazaar helps port your policy to a better insurer without losing benefits
Final Thoughts
PolicyBazaar simplifies health insurance by offering transparent comparisons, affordable premiums, and expert guidance. Whether you need an individual plan or family coverage, it’s the best platform to find a policy that fits your needs.