Скачать или смотреть Must Know: Best Health Insurance Plans 2026 | Cancer Treatment Cost in India | Merupula Madhu

This video features an insightful discussion with financial planner Madhu, who explains the critical importance of securing the right health insurance to guard against the devastating financial impact of diseases like cancer.

Key Highlights of the Video:

• Insurance After Diagnosis: The sources clarify that obtaining insurance after a cancer diagnosis is generally not possible. However, some companies may offer a policy with nominal coverage (2.5 to 3 lakhs) if a person has been completely cured for at least two years,.

• The Power of Early Planning: The most effective strategy is to secure insurance while healthy, as this ensures 100% coverage for cancer treatments, including chemotherapy.

• High Sum Insured vs. Low Premiums: For a family of four (two adults and two children), a 1 crore policy can often be obtained for less than ₹30,000 per year. Over 20 years, a policyholder might pay less than ₹10 lakhs in total premiums, yet they could claim significantly more—noting recent instances of claims reaching ₹1.26 crores,.

• Common Pitfalls: Many professionals rely on small, company-provided policies (3–4 lakhs) which are often insufficient. The sources warn that without a high sum insured, families may be forced to sell assets or take on massive debt,.

• Advanced Treatments: It is vital to choose a policy that covers advanced treatments, as medical technology is constantly evolving. A policy without these provisions may be useless if a new, more effective treatment is developed.

• Financial Planning Sequence: According to the sources, every sound financial plan must follow this sequence: Protection (Insurance) → Investment → Emergency Fund → Equity.

Why You Need High Coverage Now

Even high-earning individuals or government employees can find themselves in financial distress due to pending bills or inadequate coverage. The sources suggest that allocating 9-10% of your annual income can fully cover health, life, and other insurance needs. Interestingly, those with lower social status or income actually require higher insurance coverage, as they lack the financial buffer to handle multi-million rupee hospital bills.

Expert Tip: Before finalizing a plan, spend at least one hour discussing high sum insured options and add-ons with an agent to ensure the policy is comprehensive.

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Must Know: Best Health Insurance Plans 2026 | Cancer Treatment Cost in India | Merupula Madhu
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