Choose the correct Sum Insured
This is the maximum amount of money that the insurer will pay per family (or individual) in the event that one of your employees is hospitalised. When determining the sum insured, please keep in mind the rising medical inflation costs as well as the type of hospital your employees will most likely visit.
Room Rent Limit
This appears to be straightforward. This is the highest rent or room category you are eligible for. Your limits can be as low as 1% of the sum insured or as high as a single private room ( irrespective of cost).
If your employees visit a tier-1 hospital in a tier-1 city, the average room tariff for a single private room is Rs 10000. As a result, if you have a Rs 5 lakh cover and a room rent limit of 1% of the sum insured, your employees will only be covered for the room up to Rs 5000.