A health insurance plan must be selected after understanding one’s needs and risks. For some, it may be about the final premium outflow while for others it may be getting coverage for a certain high risk disease that may run in the family.

Rising costs of both pre-and post-hospitalization has meant that many opt for defined benefits plans that cater to these needs, over indemnity-based plans. However, indemnity-based plans have their own set of benefits.

Read the full article published originally on Financial Express: Why you need an indemnity health insurance