1.With increasing costs, basic health insurance might not be sufficient for the future because of sub-limits and deductibles.
2 Port to another insurer and increase cover at the time of shifting. However, this will come with a waiting period.
3.Buying a top-up plan with the same or a new insurer is a good way to raise cover without paying a large premium.

4.Buy add-ons or riders like room rent waiver and maternity cover to increase your existing health cover.
5.Increase the sum insured on a policy at the time of renewal, which will come for an additional cost but without a waiting period.

Content on this page is courtesy Centre for Investment Education and Learning (CIEL).
Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.

(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)

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