INCREASE Your Health Insurance NOW!’Go for a base cover of Rs 10 lakh and then buy a super top-up of Rs 90 lakh.’

A significant number of individuals who purchased their health insurance policies nearly a decade ago have not revised their sum insured, which continues to remain at the original Rs 2 lakh to Rs 3 lakh.

With medical inflation averaging around 14 to 15 per cent annually, such coverage is now grossly insufficient.

“The average cost of hospitalisation for 2.5 to 3 days can come to Rs 1.5 lakh to Rs 1.75 lakh. The cost in metros tends to be even higher,” says Ashish Yadav, head of products and operations, ManipalCigna Health Insurance.

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