Health Insurance for a Single Parent

Due to inflation across daily essentials, single parenting comes with added financial burdens for homemakers. Managing household budgets without partner earnings is further strained if healthcare needs arise - right from flu treatments to critical illnesses.

This is where health insurance plays a key role in easing monetary worries during testing times. This is where ACKO steps in to offer pocket-friendly plans covering hospital stays alongside daycare procedures to help with medical expenses. 

Single parents shoulder many responsibilities, including caring for the children and looking after their daily needs. Here, a tailored health plan can help cope with rising medical expenses without worrying about finances. Additionally, under Health Insurance plan, you can also avail yourself of tax savings of up to Rs. 25,000 under Section 80D based on your chosen coverage.

For a single parent, A Family Health Insurance plan is often the most suitable option. It allows covering yourself and your dependent children under a single policy. If any family member gets hospitalised, they can use the coverage. This is more cost-effective than buying separate policies for each insured member.

Also read: Health Insurance For Parents

Our most comprehensive plan with unmatched benefits:

Balances protection affordably through:

Intelligently boosts existing policies via:

ACKO health insurance plans are very special because we focus on making things simple for customers. With our plans, you don't even need to fill out any forms when filing a claim. All claims are paid directly to hospitals immediately without any physical paperwork. 

Premiums for ACKO family floater plans start at around Rs.150 per month, making them highly affordable. The right option depends on your family's medical history, specific healthcare needs, and budget. It's advisable to compare the coverage and benefits in detail before choosing a plan.

Here are some tips to select your ideal sum insured under health insurance.

The ideal sum insured and premium for a health insurance policy vary based on factors like the number and age of family members, medical history, city of residence, and chosen benefits. 

For example:

For a single parent aged 35 years and a child aged 5 years, a sum insured of Rs. 10 lakhs to Rs. 15 lakhs under a family floater plan would be ideal. This ensures adequate coverage for the family's healthcare needs.

Indicative premium breakup for Rs. 10 lakh policy :

Note: The premiums mentioned above are indicative and may vary based on specific details and underwriting guidelines.

While a higher sum insured means a higher premium, it's a small price to pay for the financial security and access to quality healthcare it provides. It's advisable to review your health insurance coverage every few years and top-up if needed to keep pace with rising costs and changing needs.

calculate your health insurance needs with health insurance premium calculator.

Here are the factors to consider when buying health insurance.

When it comes to health insurance claims, there are two types - cashless and reimbursement. Let's understand each of these in detail:

While both types of claims have their advantages, cashless claims are often more convenient and beneficial, especially in case of planned hospitalisation or emergencies:

However, cashless claims can be made seamless only at network hospitals. So, choosing an insurer with a wide hospital network is important, especially in your locality. If you are travelling or prefer a specific non-network hospital, reimbursement may be your only option.

Managing a home and children alone has challenges. Good health plans reduce this tension for single parents. ACKO policy with large coverage pays the big hospital bills in case of emergencies. Parents need not drain savings then. Health insurance backup makes handling responsibilities more smooth.

Disclaimer: The plans, services, features, processes, and other details mentioned on this page are subject to availability and changes. Please check the applicable policy wordings before making any insurance-related decisions. Feel free to reach out to us at [email protected] for any queries.