Thursday, December 14, 2017

I have just started my career, how much health insurance cover should I have?

Being an individual one must be aware about their initial investment and the process required carrying forward the policy by an individual without premium.

By OLM Desk

According to A.K. Saxena, CMD, Oriental Insurance ideally, the reasonable sum insured should be Rs.10 lakh. However, if one cannot afford the premium then they can try to keep the sum insured under the health policy equivalent to their annual earnings. Further, anybody who starts their career would be single in majority of the cases and can take an individual policy. But as soon as one gets married, self and spouse should be covered under a family floater policy.