Best 1 Crore Health Insurance Plans In India For 2022

Mr. Rajan Pillai, aged 38 was a successful businessman, who had to travel overseas to attend several business meetings. Unfortunately, during one flight he succumbed to a severe heart stroke. The sad news of his demise shook his surviving family that comprised his pregnant wife, a school-going kid, and a critically ill mother. In the absence of the sole breadwinner of the family, it would have been hard for his pregnant wife to meet the financial expenses for the critical illness of Mr. Pillai’s sick mother and her maternity expenses.

However, Mr. Pillai was not only an excellent businessman but a wise man too, who bought a 1 crore health insurance almost a year ago. His wife used the 1 crore policy to get cashless treatments for his ill mother and got adequate maternity coverage for her delivery too.

Buying a 1 crore health insurance is beneficial for various reasons. Let us help you understand why you should consider buying it? Besides, we will help you figure out the best 1 crore insurance policy in India to buy in 2022.

Why Buy a 1 Crore Medical Insurance?

Following are some of the benefits of buying a 1 crore health insurance plan:

1. Secures Family in your Absence: The best benefit of a 1 crore health insurance is that it secures your family in your absence with a huge sum insured of Rs. 1 crore.
2. In-Patient Hospitalization: All 1 crore health plans offer coverage for minimum hospitalization of 24 hours.
3. Pre and Post-Hospitalization Expenses: The best crore medical insurance plans offer coverage for a minimum of 30 days pre-hospitalization and 60 days post-hospitalization expenses.
4. Easy to Renew: You will be glad to know that usually, all the insurers offer 1 crore health insurance plans with a lifelong renewability option.
5. No-Claim Bonus: The no-claim bonus of cumulative bonus ranges for most of the 1 crore health plans is between 10 to 50%.
6. Add-on Covers as Riders: Another benefit of buying a 1 crore policy is that most of them offer add-on covers as benefit riders. Some of the common riders are critical illness cover, cancer cover, domestic evacuation, global cover, etc.

Who should Buy 1 Cr Health Insurance?

Although we encourage everyone to secure the family health by buying a 1 crore Mediclaim Policy, still we recommend this kind of policy for the following people:

1. People with a Large Family
2. People with Growing Children
3. People with Critical Ill Family Members
4. People who are Terminally Ill

Best 1 Crore Insurance Policy in India for 2022

1. Aditya Birla Health Activ Assure Diamond Policy: This plan offers a sum insured of up to Rs. 2 Crore. The annual premium to be paid for a policyholder aged 40 years is approximately Rs. 26,000. This plan offers a daily allowance of Rs. 500 for each day completed in a hospital for treatment. 
2. Bharti AXA Smart Super Health Insurance Policy: This 1 crore medical insurance plan offers a sum insured of up to Rs. 1 Crore. The annual premium to be paid for a policyholder aged 40 years is approximately Rs. 46,000.
3. Care Advantage Policy: This is an affordable 1 crore policy that offers a sum insured of up to Rs. 1 Crore. The annual premium to be paid for a policyholder aged 40 years is approximately Rs. 28,027. It offers cashless treatments in over 8,250 network hospitals.
4. Digit Health Super Care Insurance Policy: This 1 Cr medical insurance offers a sum insured of up to Rs. 1 Crore. The annual premium required to be paid by a policyholder aged 40 years is approximately Rs. 40,706.
5. Edelweiss Health Insurance Platinum Policy: Consider buying this best 1 crore insurance policy in India that offers a sum insured of Rs. 1 Crore. The annual premium required to be paid by the policyholder aged 40 years for this plan is approximately Rs. 59,633.
6. Liberty Health Elite Combo Insurance: This plan from Liberty Health Insurance Company offers a sum insured of up to Rs. 1.1 Crore. The annual premium to be paid for a policyholder aged 40 years is approximately Rs. 20,496. You can avail of cashless treatments in over 5,471 network hospitals of Liberty Health Insurance Limited.
7. ManipalCigna ProHealth Premier Policy: Consider choosing this affordable 1 crore medical insurance policy that offers the sum insured of up to Rs. 1 Crore. The annual premium to be paid for a policyholder aged 40 years is approximately Rs. 10,535. The PED waiting period under this plan is 2 years
8. Niva Bupa Health 1Cr. Super Saver Policy: This plan offers a sum insured of up to Rs. 1 Crore. The annual premium to be paid for a policyholder aged 40 years is approximately Rs. 20,687. This plan comes with a policy tenure of 1 or 2 years.
9. Star Health Comprehensive Insurance Policy: Buy this 1 crore insurance plan to secure your family’s health with a sum insured of up to Rs. 1 Crore. The annual premium required to be paid by the policyholder aged 40 years is approximately Rs. 39,518.
10. Star Health Young Star Policy:  This 1 crore policy from Star health insurance is available in two variants, Gold and Silver Plan. The sum insured offered in this plan is up to Rs. 1 Crore on an annual premium of approximately Rs. 16,898.

The Conclusion

Taking into account the current pandemic conditions prevailing all across the globe, it is wise to buy a 1 crore insurance. Paying a premium for such health policies is also not worrisome, because most of the insurers allow easy premium periods for the ease of the policyholder. Make sure to study and compare the features of various 1 crore health insurance policies for a guided purchase.