The document discusses the different types of health insurance available in India. It describes individual health insurance which covers medical expenses for a single person based on their age and medical history. It also outlines family health insurance or "family floater plan" that insures a family under one premium based on the eldest member's age. Critical illness insurance, senior citizen health insurance, hospital daily cash insurance, personal accident insurance, group health insurance, and specific disease health insurance are also summarized.

1. Name : S. Karunya
Roll No : 21PK08
Class : II M.Com
Topic : Types of Health
Insurance

2. Individual Health Insurance:
 It is meant for a single person.
 Compensated illness and medical expenses.
 Premium plan is decided on the basis of
insured person age and medical history.
 The insured person can wait for a period of 2-3
years of claim to get a benefit.

3. Family Health Insurance:
 It is Otherwise known as Family Floater
Plan.
 Insurance plan for family – spouse, kids and
elders.
 The insured can pay single premium for all.
 Premium decided basis of age of eldest
member.

4. Critical Illness Insurance:
 The insured person offered lumpsum amount
of money for the life threatening diseases.
 This insurance provided for major organ
transplant, Cancer, Paralysis, Heart Attack
etc…

5. Senior Citizen Health Insurance:
 It is for the 65 and above aged people.
 Domiciliary Hospitalization and Psychiatric
benefits are also covered.
 Upper age limit 70 years.
 Premium for this type of insurance is high.

6. Hospital Daily Cash Insurance:
 To protect the individual from unexpected
medical expenses.
 The routine hospital expenses are not fixed.
 Rs. 500 to 10,000 as per the coverage
amount.
 Convalescene benefits are also offered
sometimes.

7. Personal Accident Insurance:
 It is provided for the people who end up
losing their life or getting disabled to bearing
the medicare expenses.
 This policy provides a lumpsum amount to
his/her family support.

8. Group Health Insurance:
 Large scale enterprises and Medium scale
enterprises are offered this policy to their
employees.
 Premium is lower compared to individual
health insurance.

9. Specific Disease Health Insurance:
 It is offered only for the occurrence of
specific disease.
 Eg 1: COVID-19. Claim limit 50,000 to
5,00,000. Age limit 18 to 65.
 Eg 2: M-Care. It is for against the disease
caused by mosquito like Dengue, Malaria,
Zika Virus, Chikungunya etc…

10. Thank You