What is health insurance and why is it important?

Health insurance is a contract where the insurer covers your medical and hospitalisation expenses in exchange for a premium. With medical inflation at 14% annually in India, a single hospitalisation can cost ₹5–15 lakhs – health insurance ensures this doesn't wipe out your savings.

How much health insurance coverage should I take?

For individuals, ₹5–10 lakhs is a good starting point. For families, ₹10–25 lakhs is recommended depending on your city and family size. In metro cities, consider ₹25 lakhs or more to account for higher hospital costs.

What is cashless hospitalisation?

Cashless hospitalisation means the insurer directly settles the bill with the hospital, so you don't need to pay upfront. This is available at network hospitals listed by your insurance provider.

What is a family floater health insurance plan?

A family floater plan covers your entire family – spouse, children, and sometimes parents – under a single sum insured. It's more affordable than buying individual policies for each member.

Does health insurance cover pre-existing diseases?

Yes, but after a waiting period – typically 2 to 4 years depending on the insurer and policy. After this period, your pre-existing conditions are fully covered.

Are health insurance premiums tax deductible?

Yes. Under Section 80D of the Income Tax Act, you can claim up to ₹25,000 for self and family, and an additional ₹50,000 for parents who are senior citizens – saving up to ₹23,400 in taxes annually.

What is co-payment in health insurance?

Co-payment is the percentage of the claim amount you agree to pay from your pocket. For example, a 10% co-pay on a ₹5 lakh claim means you pay ₹50,000. Lower co-pay means higher premiums.

What is no-claim bonus (NCB)?

NCB is a reward for not making claims during a policy year. Your sum insured increases by 10–50% for each claim-free year, without any increase in premium – essentially free extra coverage.

Can I port my existing health insurance to another company?

Yes, IRDAI allows portability. You can switch insurers while retaining benefits like waiting period credits and no-claim bonus. Apply at least 45 days before renewal.

What is a super top-up health insurance plan?

A super top-up activates after your base policy's sum insured is exhausted. For example, if you have a ₹5L base plan and a ₹20L super top-up, the top-up kicks in for expenses above ₹5L – giving you ₹25L total coverage at a fraction of the cost.

What is restoration benefit in health insurance?

Restoration benefit refills your sum insured if it gets exhausted during the policy year. If you use your entire ₹10L cover, it gets restored for subsequent claims – crucial for families on floater plans.

Does health insurance cover maternity expenses?

Some policies cover maternity – including delivery, C-section, and newborn care – but typically after a waiting period of 2–4 years. Not all plans include this, so check before buying.

Can senior citizens get health insurance?

Yes. Many insurers offer plans for people up to 65–80 years of age. Premiums are higher, and there may be co-payment clauses, but coverage is available and highly recommended for seniors.

Why should I buy health insurance through NYVO?

NYVO provides unbiased, expert guidance from IRDAI-certified salaried advisors – no commission pressure. We compare plans across 30+ insurers, help you find the right coverage, and provide lifetime claims support.

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Medical Inflation is 14%.
Your Savings Won't Protect You.

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Medical Inflation Alert

Costs Rise 14% Every Year

While general inflation is 5–6%, medical costs double every 5 years. Here's what a ₹5L procedure costs over time:

Year	Cost Equivalent	Estimated Growth
2025	₹5L	baseline
2030	₹10L	2x
2035	₹20L	4x
2040	₹40L	8x

Cost Breakdown

Real Hospital Bills

Actual claims data from Indian hospital networks (2025–2026).

Disease	Tier 1 Cities	Tier 2 Cities	Tier 3 Cities
Heart Disease	₹16.5L	₹11–13L	₹8–10L
Respiratory Disease	₹25L	₹17–20L	₹12–15L
Kidney Disease	₹15L	₹10–12L	₹7–9L
Diabetes	₹20L	₹13–16L	₹10–12L
Cancer	₹40L	₹27–32L	₹18–24L

Quick Reference

How Much Cover Do You Need?

A simple starting point to help you decide. Our advisors will fine-tune this for your specific situation.

₹5 Lakhs

For Individuals

Young professionals or those just starting out. Basic coverage for common hospitalizations.

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Myth vs Reality

"I have ₹10L in savings"

If you spend ₹10L on one hospital bill, your savings evaporate completely in a few days.
Medical costs rise 14% annually – next year your ₹10L covers much less treatment
Savings should be kept for planned life goals, not for sudden unfortunate hospital bills.

Total risk: Your entire wealth

The Smart Alternative

Buy a comprehensive personal health insurance cover
Keep your ₹10L savings intact and growing for actual life goals
If hospitalized, the insurance pays for the treatment; your wealth remains completely untouched.

Total peace: Guaranteed stability

Employment Risks

Corporate Coverage Limitations

Relying solely on company-provided insurance leaves you dangerously exposed to financial risk.

Not Portable

Coverage completely ends the minute you change jobs, get laid off, or retire.

Coverage not enough

Most Corporate Insurance is for 5 lakh, which is not enough in today’s world.

Sub-limits & Co-pay

Aggressive room rent limits mean you end up paying heavily out of pocket.

May not get personal policy

You may not get a personal insurance policy in future, in case of any disease.

No Continuity

Corporate insurance goes away with your Id card.

Poor Claim Support

Employer’s TPA might not assist adequately during complex or large claims.

Pricing Insight

The True Cost of
Neglecting Insurance

₹5–15L

Cost of ONE major hospitalization

Peace of mind

₹800/mo

Average premium

Your Advisors

Meet Our Star Advisors

IRDAI-certified professionals dedicated to finding the right coverage for your family.

Kshitij Jain

IIT Delhi & IIM Ahmedabad
Deep understanding of Insurance
IRDAI Certified Advisor

Shadab Sayeed

15+ years in Insurance sector
Helped 10,000+ customers
IRDAI Certified Advisor

Real Stories

What Our Clients Say

"My parents’ health insurance was a maze I couldn’t navigate alone. NYVO made it simple – they understood my parents’ age, medical history and found the perfect plan."

Kritika Gattani

Founder, Opaque Studio

"I always found buying insurance overwhelming, but NYVO made it effortless. They guided me to the best Health and Term insurance for me and my family."

Tarun Daga

Chartered Accountant

"With a young family, getting health insurance right felt overwhelming. NYVO sat down with us, asked the right questions, and recommended a plan that covers everything."

Himanshu Mehta

Associate Director, JioStar

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Health: Guides & Planning

Health: Features & Needs

Term: Guides & Planning

Term: Features & Needs

Claims & Support

Company

Medical Inflation is 14%.
Your Savings Won't Protect You.

Costs Rise 14% Every Year

Real Hospital Bills

How Much Cover Do You Need?