Best National Health Insurance Plans to Buy in 2021

National Insurance Company Limited (NICL), which was founded in the year 1906 and has its headquarter in Kolkata is the oldest insurance provider. The company is completely owned by the Government of India (GOI). For any individual seeking health cover, NICL can be a good option to consider. The plans are specifically designed keeping in mind the individual needs of all the policyholders and it can be easily bought online too. The plan provides for all the health related necessities of the individual including day care procedures, in-patient hospitalisation, and provides complete financial support to the insured while undergoing the treatment.

Best National Insurance Plans to Purchase in 2021

Highlighted below are some of the best health insurance plan by National Insurance Company in 2021:

1. National Parivar Mediclaim Plan

National Parivar Mediclaim Plan is a comprehensive health insurance plan that offers healthcare coverage for self and all the members of the family including spouse, parents and dependent children under the same health insurance plan.

Features of the Plan

• You can be the policy proposer if you are aged between 18 years to 65 years. The sum insured options available under the plan ranges between 1 Lakh to 10 Lakh.
• The policyholder under the plan is offered coverage only for Ayurvedic, Allopathic and Homeopathic treatments.
• Under the policy, the policyholder gets pre-hospitalisation expenses coverage for up to 30 days and post-hospitalisation expenses coverage up to 60 days.
• The policyholder can avail tax exemption under the plan as per section 80D of the Income Tax Act.
• The policyholder gets reimbursement for healthcare expenses incurred because of domiciliary hospitalisation.

2. National Critical Illness Plan

National Critical Illness Plan takes care of the policyholder’s healthcare expenses related to the treatment and costly recovery process related to the mentioned critical illnesses. The plan is offered by the company in two variants namely Plan A, wherein coverage is offered for 11 critical illnesses and Plan B, wherein coverage is offered for 37 critical diseases.

Features of the Plan

• The entry age for the policy proposer should be between 20 years to 65 years. The sum insured option for the plan should range between Rs 1 Lakh to Rs 75 Lakh.
• The policy can be bought by the policyholder on both individual as well as family floater basis.
• For individuals, who are aged 45 years or less and have no previous medical history are not required to undergo any pre-policy health check-up.
• The discount of 10% can be availed by the policyholder against the premium payable for eligible family members in case a plan is bought for the family.

3. National Senior Citizen Mediclaim Plan

National Senior Citizen Mediclaim Plan is a health insurance cover specially designed for senior citizens, aged between 60 years to 80 years. The plan can be purchased to cover both self and spouse. Under the plan, the insured receives coverage for inpatient treatment( Ayurveda, allopathy and homeopathy), treatment for a specific disease, domiciliary hospitalisation etc for the policy duration.

Features of the Plan

• The plan offers coverage for individuals aged between 60 years to 80 years. The sum insured option available under the plan ranges between Rs 1 lakh to Rs 10 Lakh.
• The plan comes with a lifetime renewability option.
• The coverage for pre-existing illnesses is given after a waiting period of 2 years.
• To buy the plan, the policy proposer needs to undergo a pre-medical check-up.
• The No claim bonus provided under the plan ranges from 5% to 50% for the claim free year.

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.