Health Policy

Health policy is the right means to be used to finance medical expenditure, but many people believe that these plans should be brought in old age, when a body becomes prone to health risks. It shows that this is the pool of people who are not much aware of the benefits of a health policy.

Health policy, if brought at early age, offers the following benefits;-

• A person would not be able to enjoy the benefit of cumulative bonus that one gets for claim-free years.

• A person buying health insurance at early age has to pay less premium amount,

• A person spends much on his/her healthcare, which would have been covered, if he/she would have been insured.

• Maximum number of health insurance plans in India has cover ceasing age, beyond which there is no coverage offered.

• If a plan is bought at old age, when a human body becomes more prone to diseases, waiting period can keep an insured away from the coverage.


An ideal way to adopt is to buy health policy with lifelong renewal at early age and get it renewed regularly. Apollo Munich offers this benefit of lifelong renewal with its plans.