Health Insurance Protection Plans | Health Insurance – Part 2 (Riders) | Health Insurance Basics

Health Insurance Protection Plans | Health Insurance – Part 2 (Riders) | Health Insurance Basics


Medical insurance has come a long way from the simple Mediclaim policy that people used to earlier take primarily for tax benefits. Even from the same insurance company, there are different types of medical policies, offering different features and benefits. To top it all, there are a set of riders which you find hard to understand and choose from.
A health insurance rider is an attachment or amendment to a health insurance policy (Mediclaim) that adds to the coverage in the policy. These riders can be availed by paying an additional premium. The riders are mostly Protection plans where you get a lumpsum amount if rider conditions are met. Most bought riders are Accidental Plans and Critical Illness plans. We will discuss about them and more in this video.

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