₹3 crore for coverages in India as well as abroad. The plan, which comes in two variants—Lifetime Health India Plan and Lifetime Health Global Plan—offers no capping on room rent and provides coverage for treatment of up to 27 major illnesses under the global cover.According to reports, medical expenses have been rising at a double-digit rate in India, and the trend is likely to persist.
Experts say that a health insurance family floater policy of ₹5 lakh, which was a common cover before covid-19, may not be adequate anymore.“It is important for individuals to opt for a higher sum insured given the covid-19 pandemic and the rising healthcare costs.