Customizable health insurance plans offer flexibility but require careful selection

economictimes.indiatimes.com

Customizable health insurance plans are replacing traditional ones, allowing individuals to tailor coverage to their specific needs and budgets. These modular policies offer a leaner base plan with numerous optional riders and add-ons, such as maternity benefits or reduced waiting periods, catering to diverse health conditions and life stages. While offering flexibility and potentially lower premiums, these plans can be complex, leading to confusion, under-insurance, or overpaying if not carefully selected.


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Customizable health insurance plans offer flexibility but require careful selection | News Minimalist