Date : Jan 9, 2009

Question

Hi, Am working in a software industry, and my company already provides me the benefit of Health Insurance policy under Group Mediclaim. And this will be available to me only until i retire, now say suppose if i want to retire from my job at the age of 45 itself, then there will be no Insurance policy for my medical expenses, and at that time if i want to get one, may be possiblities are that, i may not get the policy, due to the age, or may be i will have to pay lot of Premium. So to over come all such problems, do i need to take other health insurance policies privately on my own , now itself. Coz if i take the policy now only may be my premium will be less

Answer

You are very right in thinking that the insurance company will cover you at an older age or not as your health condition may not be the same. And due to it you could end up paying higher premiums too. So it will be advisable to buy a health insurance policy from now only.
Please visit our health insurance comparator to get details of policy available for you.