|
|
| Blog - www.healthinsuranceindia.org |
| |
|
|
| Health Insurance sum assured should increase every 2 years – It is a sensible decision |
|
| What ever may be the reason seeing the inflation in Health Care at 20% year after year it may be worth while for you to reconsider sum assured which you are have. If you bought the policy in 2005 for Rs. 2 lakhs then your sum assured in 2013 should be Rs.10.32 lakhs, say Rs.10 lakhs |
|
| Year |
Rs.(in lakhs) |
Increase 10% |
Increase 20% |
| 2005 |
2 |
2.2 |
2.4 |
| 2006 |
|
2.42 |
2.88 |
| 2007 |
|
2.66 |
3.46 |
| 2008 |
|
2.93 |
4.15 |
| 2009 |
|
3.22 |
4.98 |
| 2010 |
|
3.54 |
5.97 |
| 2011 |
|
3.90 |
7.17 |
| 2012 |
|
4.29 |
8.60 |
| 2013 |
|
4.72 |
10.32 |
| 2014 |
|
5.19 |
12.38 |
| 2015 |
|
5.71 |
14.86 |
| 2016 |
|
6.28 |
17.83 |
| 2017 |
|
6.90 |
21.40 |
| 2018 |
|
7.59 |
25.68 |
| 2019 |
|
8.35 |
30.81 |
| 2020 |
|
9.19 |
36.98 |
|
|
 |
|
| If you are continuing at Rs.2 lakhs + Rs.50000 or so of NCB – you are lagging behind and will have to shell out lot of money your own pocket or go for use of old technology /medication. when the need arises. |
|
|
|
|
|
|
|
|
|
|
