There are a variety of health insurance products available and not all products are suited to your needs. Similarly, determining the appropriate amount of health insurance cover is vital as our requirements differ and priorities change from time to time.

There are various factors that should be considered while evaluating your health insurance cover.

• Affordability: Depending on your income, you should be able to decide how much premium you can afford to pay for the years to come. Note that you will own a health plan well into your seventies and eighties. The premiums should not be a financial burden or else there are chances that you would discontinue the policy.
• Age: When you are young and single, you don't need a very high insurance cover as you are less likely to fall sick. You can later increase your health insurance cover after you get married and depending on your family's requirements.
• Family history: If your parents have a medical history of lifestyle diseases, then there are high chances of the disease being passed on to the next generation. In this case, you should buy a policy with wider coverage.
• Lifestyle: If you smoke and drink, you are at the risk of developing health issues. Hence, you are likely to fall sick and should get a policy with wider coverage.

Planning to buy a health insurance policy? Click here to compare and buy the right policy.