Health Insurance

Quality Healthcare Protection for Your Loved Ones

Medical emergencies shouldn't drain your life savings. We help you choose health insurance that covers hospitalisation, day-care procedures, and critical illnesses as per policy terms.

Understanding Health Insurance

Why Health Insurance Is No Longer Optional

Healthcare costs in India have been rising steadily. A single hospitalisation for a major surgery can cost several lakhs, and treatment for serious illnesses can cost much more. Without health insurance, these expenses come directly from your savings, fixed deposits, or even lead to debt.

Health insurance acts as a financial shield. For an annual premium, you get access to cashless treatment at the insurer's network hospitals and coverage for hospitalisation, day care procedures, ambulance costs, and more, as per policy terms. Alongside term insurance, it is one of the most important protection products for any family.

Plan Types

Types of Health Insurance Plans

Individual Health Plans

Cover yourself with a dedicated sum insured. Individual plans suit single adults or anyone who wants a separate policy with their own no-claim bonus accumulation.

Suited for: Single professionals and individuals wanting dedicated cover

Family Floater Plans

A single policy that covers your entire family -- you, your spouse, and children -- under a shared sum insured. It is often more cost-effective than buying individual plans for each member.

Suited for: Families looking for affordable comprehensive coverage

Senior Citizen Plans

Designed for people aged 60 and above, these plans cover age-related conditions and pre-existing diseases (after waiting periods), as per policy terms.

Suited for: Parents and elderly family members above 60 years

Critical Illness Plans

Pays a lump sum upon diagnosis of specified critical illnesses such as cancer, heart attack, or stroke, as defined in the policy. This amount can be used for treatment, recovery, or any purpose you choose.

Suited for: Anyone wanting extra protection against major health events

Our Partner Insurers

Health Insurers We Work With

WealthBay distributes health insurance plans from the following IRDAI-regulated insurers, giving you a choice of plans and hospital networks. Plan features and premiums are as per each insurer's product terms.

Niva Bupa Health Insurance

Standalone health insurer offering individual, family floater and senior citizen health plans.

Care Health Insurance

Standalone health insurer offering individual, family floater and critical illness plans.

Tata AIG General Insurance

General insurer offering health, motor, travel and commercial insurance.

ManipalCigna Health Insurance

Standalone health insurer offering individual and family health plans.

Star Health and Allied Insurance

Standalone health insurer offering individual, family floater and senior citizen plans.

HDFC ERGO General Insurance

General insurer offering health, motor, home and travel insurance.

ICICI Lombard General Insurance

General insurer offering health, motor, home and travel insurance.

Cholamandalam MS General Insurance

General insurer offering health, motor, home and commercial insurance.

SBI General Insurance

General insurer offering health, motor, home and travel insurance.

Buying Guide

How to Choose the Right Health Insurance

With dozens of plans available, choosing can feel overwhelming. We compare plans across our partner insurers on the key factors below.

Adequate sum insured for your family and city

Network of cashless hospitals near you

Room rent limits or sub-limits, if any

Co-payment requirements

Coverage for day care procedures and ambulance

Waiting period for pre-existing diseases

No-claim bonus for claim-free years

Restore or reload benefit for multiple claims in a year

Looking for Corporate Group Health Insurance?

WealthBay helps businesses design and implement group health insurance programs that support employee wellbeing while managing costs.

Explore Corporate Solutions

Need Help with a Claim?

Our team can guide you through documentation and follow up with the insurer on your behalf. Claim decisions are made by the insurer as per the policy terms.

Claims Support

Have questions about Health Insurance?

Speak to our team — no obligation. We'll explain the options, risks and costs.

Talk to an Advisor WhatsApp +91 93809 44718

FAQs

Common Questions About Health Insurance

What does cashless hospitalization mean?

Cashless hospitalisation means the insurer settles eligible bills directly with a network hospital, subject to pre-authorisation and policy terms. You show your health card and complete the authorisation form; non-payable items or amounts beyond limits are paid by you.

Can I port my health insurance from one insurer to another?

Yes, IRDAI regulations allow health insurance portability. You can switch insurers while retaining credit for waiting periods already served, subject to the new insurer's underwriting. WealthBay can help you evaluate if porting makes sense for your situation.

What is a pre-existing disease waiting period?

Most health plans do not cover pre-existing conditions (like diabetes or hypertension) immediately. There is a waiting period, as specified in the policy, before such conditions are covered. Some plans offer reduced waiting periods at higher premiums.

Should I buy separate health insurance if my employer provides group cover?

Usually, yes. Employer group cover may be limited and typically ends when you leave the company. A personal health plan provides continuous coverage that you control and can be tailored to your family's needs.

WealthBay Private Limited — AMFI-registered Mutual Fund Distributor, ARN-29566. WealthBay acts as a distributor of third-party financial products and earns commissions from product providers. Please read all scheme / offer documents carefully before investing.

Stay Protected

Find the Right Health Insurance for Your Family

Our advisors compare plans across our partner insurers to help you find health coverage that suits your needs and budget.

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