| In India, general insurance and life insurance companies sell stand-alone health insurance policies. Earlier, they covered only hospitalization costs, but now insurers offer health covers that also pay pre- and post- hospitalization expenses. Some policies pay a fixed amount for every day of the hospitalization, ICU benefit, Surgery benefit apart from the medical expenses.
You can also get cover for critical illnesses. They provide up to 12 lac of the sum assured for illnesses such as stroke, paralysis and heart attack. Unlike hospitalisation insurance policies, where only hospitalisation expenses are paid, the sum assured is paid on diagnosis of critical illness itself in case of Critical illness insurance policy.
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