Before you decide on with your Health Insurance cover, you must take care of the following parameters that will guide you to select your sum assured wisely.

Age: An individual at a young age is not much prone to major diseases therefore one can go for a lower cover at this stage. You must surely take a separate Personal Accident policy in your cover or get a rider of Personal Accident added to your Health Insurance Policy.

Family background: If you have the family history of certain critical diseases like Cancer or diabetes you must go for a Critical Care Policy in you cover. Now days Companies are coming are coming with special plans pertinent to certain diseases like cancer or diabetes. Diabetes Care Plan is of more utility when there is a family history of diabetes. Here you must take care of the Pre-existing clause because if you are already a Diabetic patient then it will be covered after a waiting period.

Rising Medical Costs: You health cover amount should also be influenced by the rising Cost of Medical Care. Secondly the coverage amount also depends upon the current expenses of your family. Go for a higher health insurance cover if you think that the cost of your family’s medical treatment would be higher (higher room fare etc).

Ideally you should get that Plan which suits & fulfills your needs