Health Insurance in India: How to Choose the Right Cover, Waiting Periods, and Claims Strategy

India's healthcare inflation has been running at 14% per annum — nearly double the general consumer price index. A five-day stay in a private tertiary-care hospital in Mumbai or Delhi for a cardiac event can cost anywhere between Rs 4 lakh and Rs 15 lakh, depending on the procedure, the room category, and the implant used. For a family that has not planned adequately, this is not merely a financial inconvenience — it is a wealth-destruction event that erases years of savings in a matter of days.

Yet, according to the Insurance Regulatory and Development Authority of India (IRDAI), a significant portion of the country's urban middle class remains either uninsured or severely underinsured. Many rely on employer group health covers that cease the moment they switch jobs or retire. Many others hold individual policies purchased a decade ago with sum insured amounts of Rs 2 lakh or Rs 3 lakh that are wholly inadequate for today's treatment costs.

Health insurance in India has matured considerably over the past decade. IRDAI has standardised several definitions, introduced the concept of health insurance portability, mandated cashless claim settlement at network hospitals within a specified timeframe, and recently notified regulations that require insurers to offer comprehensive coverage options. The product landscape has never been more varied — indemnity plans, defined-benefit critical illness plans, hospital cash policies, super top-ups, and disease-specific covers now compete for the consumer's attention.

This guide is written for Indian families, founders running businesses where employee health is a fiduciary responsibility, SME owners evaluating group mediclaim policies, and HNIs who want to ringfence their investment portfolios from medical contingencies. We will move systematically through every dimension of health insurance decision-making — from choosing the right type of plan and calibrating the sum insured, to navigating waiting periods, maximising no-claim bonuses, and executing a claims strategy that minimises out-of-pocket cost.

Health insurance in India broadly falls into six categories, each serving a distinct purpose. Understanding these categories is the first step in constructing a coverage architecture that leaves no significant gap.

1. Individual Indemnity Health Insurance The foundational product. It reimburses hospitalisation expenses — room rent, surgeon fees, anaesthesia, diagnostic tests, medicines, and nursing charges — up to the sum insured. Premiums are calculated on the basis of age, medical history, and the sum insured chosen. These plans can be bought for a single individual or structured as a family floater.

2. Family Floater Mediclaim A single policy with a shared pool of sum insured covering all family members. Cost-efficient when members are young and healthy. Discussed in detail in a later section.

3. Critical Illness Insurance (Defined Benefit) Pays a lump sum on diagnosis of specified critical illnesses — typically cancer, heart attack, stroke, kidney failure, major organ transplant, and coronary artery bypass surgery, among others. The benefit is independent of actual hospitalisation cost and is paid once diagnosis is confirmed. This is not an indemnity product; the insurer does not ask for bills. Critical illness cover complements an indemnity plan because it covers income replacement, post-treatment rehabilitation, and lifestyle modifications that a reimbursement policy does not pay for.

4. Hospital Daily Cash / Hospital Cash Pays a fixed daily benefit for each day of hospitalisation, regardless of actual expenses. Useful for compensating for loss of income, caregiver costs, and incidental expenses that indemnity plans exclude.

5. Super Top-Up Plans Designed to activate once aggregate hospitalisation expenses in a policy year cross a deductible threshold (e.g., Rs 5 lakh). They offer very high sum insured — Rs 20 lakh, Rs 50 lakh, even Rs 1 crore — at premiums significantly lower than a standalone policy of the same quantum. Super top-ups are the most efficient way to engineer high coverage at moderate cost when combined with a base plan.

6. Group Health Insurance (Employer-Provided) Offered by employers to employees. Usually has no waiting period for pre-existing conditions, includes maternity cover, and does not require individual medical underwriting. However, coverage terminates with employment. Individuals who rely solely on group cover face a dangerous gap at retirement or during job transitions.

The most common mistake Indian insurance buyers make is anchoring the sum insured to the premium they are willing to pay rather than to the actual cost of the medical events they are insuring against. A Rs 5 lakh policy felt adequate in 2010. In 2026, it does not cover a single hospitalisation episode for a complex cardiac procedure at a Tier-1 private hospital.

**Benchmarks for Sum Insured Adequacy**

The following framework, while not exhaustive, provides a rational starting point:

- In a Tier-1 city (Mumbai, Delhi, Bengaluru, Hyderabad, Chennai): minimum base indemnity cover of Rs 10 lakh per individual, with a super top-up of Rs 25-50 lakh above a Rs 5-10 lakh deductible. - In a Tier-2 city (Pune, Ahmedabad, Jaipur, Lucknow): minimum base cover of Rs 7-10 lakh. - For individuals above age 45 or those with pre-existing conditions: Rs 15-25 lakh base cover recommended. - For HNIs who prefer treatment at premium private hospitals or have international travel exposure: a global health insurance plan or a domestic plan with a Rs 1 crore sum insured is advisable.

**The Cost of Undercoverage**

Consider the following representative procedure costs at leading private hospitals in India in 2026:

None of these are extraordinary events — they are among the most common reasons for large hospitalisation claims in India. A Rs 5 lakh policy does not cover even the lower bound for most of these.

**Super Top-Up as the Optimal Architecture**

A Rs 10 lakh base individual plan combined with a Rs 40 lakh super top-up above a Rs 10 lakh deductible gives effective coverage of Rs 50 lakh. The combined annual premium for a 35-year-old non-smoker is typically in the range of Rs 18,000-30,000 — far less than a standalone Rs 50 lakh plan would cost. This architecture is endorsed by independent financial planners as the most cost-efficient approach for urban professionals.

Waiting periods are the single most misunderstood aspect of health insurance in India. They determine when your policy actually begins to pay for specific conditions, and failure to understand them leads to claim rejections that feel arbitrary but are contractually valid.

**Types of Waiting Periods**

*Initial Waiting Period (30 days)* Almost all indemnity plans have a 30-day initial waiting period during which no claims are payable, except for accidental injuries. This means if you fall sick in the first month of purchasing a policy, the insurer will not reimburse hospitalisation costs for illness.

*Pre-Existing Disease (PED) Waiting Period* This is the most consequential waiting period. A pre-existing disease is defined under IRDAI guidelines as any condition, ailment, injury, or disease that existed within 48 months prior to the first policy issuance date, whether or not the individual was aware of it. Common examples include diabetes, hypertension, thyroid disorders, asthma, and obesity-related conditions.

IRDAI has, through its 2024 master circular on health insurance, standardised the maximum PED waiting period at 36 months (3 years). Insurers cannot impose PED waiting periods beyond 36 months. Several leading insurers have reduced this to 24 months or even 12 months for specific products, creating a competitive advantage.

*Specific Disease Waiting Period (1-2 Years)* Separate from the PED clause, most policies impose 1-2 year waiting periods on specific conditions regardless of whether the individual had them before. Common conditions on this list include: - Hernia - Cataracts - Knee replacement - Sinusitis - Gallstone and kidney stone removal - Haemorrhoids (piles) - Uterine fibroids - Varicose veins

These waiting periods are embedded in the policy schedule and policy wording. Reading the exclusion and waiting period schedule before purchasing — not after a claim is rejected — is non-negotiable.

*Maternity Waiting Period (9-48 Months)* Maternity coverage, where offered, typically carries a waiting period of 9-48 months depending on the insurer and plan. Policies offering 9-12 month maternity waiting periods are considered best-in-class for young couples planning a family.

Strategic Implication: Buy Early The clearest lesson from understanding waiting periods is this: the best time to buy health insurance is when you are young and healthy. Every year you delay is a year of waiting period you must serve before full coverage activates. A 28-year-old who buys a policy today will have cleared all waiting periods by age 31. A 40-year-old with hypertension who buys for the first time faces 3 years of PED exclusion during what may be a period of increasing health risk.

India's health insurance ecosystem operates a network hospital model that is central to the cashless claims experience. Understanding how this network works — and where it fails — is essential for choosing both a plan and a hospital.

What Is a Network Hospital? Network hospitals are healthcare facilities that have signed agreements with an insurer or its Third Party Administrator (TPA) to provide cashless treatment to the insurer's policyholders. The hospital submits bills directly to the insurer/TPA; the policyholder pays only the non-covered portion (co-payment, sub-limits overage, or non-medical consumables).

Cashless Claim Process 1. Admission to a network hospital. 2. Policyholder presents the health card issued by the insurer and identity proof. 3. Hospital's insurance desk contacts the TPA/insurer for pre-authorisation. 4. Insurer reviews the case and issues pre-authorisation within a stipulated timeframe (IRDAI mandates cashless authorisation within 1 hour for planned hospitalisations and within 30 minutes for emergency admissions under its 2024 guidelines). 5. Treatment proceeds; the hospital discharges the patient and submits final bills to the insurer. 6. The policyholder settles any balance (room rent excess, consumables, co-pay) at discharge.

Reimbursement Claims When treatment is taken at a non-network hospital — either by choice or necessity — the policyholder pays the full bill upfront and then files a reimbursement claim with the insurer within the stipulated timeframe (usually 15-30 days from discharge). The insurer reviews the claim and settles the admissible amount.

Reimbursement claims have two practical disadvantages: the policyholder must arrange funds for the full hospitalisation cost upfront (which in a large medical event may not be feasible), and the settlement timeline is longer than cashless — typically 15-30 days after submission of complete documentation.

Key Documents for Reimbursement Claims - Original discharge summary - All original bills and receipts - Investigation reports (blood tests, imaging, pathology) - Prescription slips - KYC documents and cancelled cheque for NEFT settlement - Duly filled claim form - Original pharmacy bills

Network Quality Check Before Buying Not all networks are equal. An insurer may list 10,000 hospitals in their network, but what matters is whether the hospitals relevant to you — specifically the hospitals in your city and neighbourhood where you would realistically seek treatment — are in the network. Always verify whether your preferred hospital, your city's leading tertiary care centre, and the hospitals near your home and workplace are in the insurer's network before purchasing.

Some insurers operate their own in-house claims settlement desk rather than routing through a TPA. These direct-settlement models tend to have faster turnaround times and fewer escalations.

The family floater vs individual policy decision is one of the most consequential choices a family makes when buying health insurance. Both structures have distinct risk profiles and optimal use cases.

Family Floater: Structure and Benefits A family floater policy covers a defined group of family members — typically self, spouse, dependent children, and in some plans dependent parents — under a single shared sum insured. If the sum insured is Rs 15 lakh, any member of the family can claim up to Rs 15 lakh in a policy year, but the total claims across all members cannot exceed Rs 15 lakh.

Family floaters are cost-efficient because insurers apply actuarial logic: in most years, not every family member will be hospitalised simultaneously. The premium for a family floater covering self (35), spouse (33), and two children is substantially lower than four separate individual policies.

When Family Floaters Break Down The shared pool structure creates a concentration risk. If one family member — particularly a parent — has a large hospitalisation that exhausts the sum insured, the remaining members are unprotected for the rest of the policy year. This is a particularly acute risk when elderly parents are included in the floater.

**Recommended Architecture for Families**

*Young couple with children (all under 40):* A family floater with Rs 15-20 lakh sum insured is appropriate. Add a super top-up for additional coverage. Cost-efficient and adequate.

*Family with dependent parents above 60:* Buy separate individual policies for parents. The risk profile of a 65-year-old is fundamentally different from a 35-year-old. Mixing them in a floater drives up the entire premium and creates pool exhaustion risk. Many insurers price parents out of floaters at advanced ages. Senior citizen-specific plans (Star Health Red Carpet, Niva Bupa Senior First, Care Senior) are designed for this cohort.

*Founders and SME owners covering employees:* Group mediclaim policies are the appropriate vehicle. They offer no PED waiting period, no individual underwriting, and the premium is a business expense deductible under the Income Tax Act.

After the sum insured and waiting periods, sub-limits and room rent caps are the clauses that generate the highest volume of policyholder grievances at the time of claim. These are internal caps within the policy that limit payouts for specific expense categories, independent of the overall sum insured.

Room Rent Cap The most common sub-limit. The policy specifies a maximum daily room rent — either as a fixed amount (Rs 3,000/day, Rs 5,000/day) or as a percentage of the sum insured (1% or 2% per day). If you occupy a room that costs more than this cap, you do not merely pay the excess room rent — the insurer applies a proportionate deduction to all associated charges.

*Example:* Your policy has a Rs 4,000/day room rent cap. You are admitted to a private hospital where the standard single room costs Rs 8,000/day. You pay Rs 4,000/day in excess room rent. But additionally, because room rent determines the applicable tariff for surgeon fees, consultant fees, and procedure costs, the insurer applies a pro-rata deduction of 50% to all related charges. Your effective out-of-pocket cost is dramatically higher than just the room rent differential.

Plans with no room rent restriction — where the policyholder can occupy any room category — are available and preferable, especially for higher sum insured tiers.

ICU Sub-limit Some policies cap ICU charges separately, often at 2% of sum insured per day. ICU costs at premium hospitals can run Rs 20,000-60,000 per day. A Rs 10 lakh policy with a 2% ICU cap reimburses Rs 20,000/day — barely covering base ICU charges at a leading private hospital before consumables, medications, and specialist fees.

Specific Procedure Sub-limits Older policies (pre-2020) may contain sub-limits for specific surgeries — cataract surgery capped at Rs 25,000, knee replacement capped at Rs 1 lakh, and so on. IRDAI's 2024 master circular has significantly curtailed the use of sub-limits in new policies, but existing policies grandfathered before the regulation change may still carry them. Review the policy schedule carefully.

Co-payment Clause A co-payment requires the policyholder to bear a fixed percentage of every claim — typically 10%, 20%, or 30%. Co-payments are common in: - Senior citizen policies (as a premium-reduction mechanism) - Policies that cover non-network hospital treatment - Zone-based co-payment structures (where claiming in a higher-priced city triggers a co-pay)

A 20% co-payment on a Rs 10 lakh claim is Rs 2 lakh out of pocket. Model this explicitly before choosing a plan with co-payment.

Two features — restoration benefit and no-claim bonus (NCB) — significantly enhance the value of a health insurance policy but are misunderstood by a majority of policyholders.

Restoration Benefit Also called sum insured reinstatement, this feature replenishes the sum insured once it has been fully or substantially exhausted in a policy year due to a claim. Restoration variants differ across insurers:

*Variant 1 — Full Restoration, Different Illness Only:* The sum insured is reinstated fully after exhaustion, but the reinstated amount can only be used for a different illness in the same policy year. Example: You claim Rs 10 lakh for a cardiac event. The insurer reinstates Rs 10 lakh, which can now be used if you are hospitalised for, say, an accident — but not for any further cardiac treatment.

*Variant 2 — Full Restoration, Same or Different Illness:* The reinstated sum insured can be used for the same illness. This is the more generous — and more valuable — variant. It is offered by select insurers on premium plans.

*Variant 3 — Partial Restoration:* A fixed quantum is reinstated, not the full sum insured.

For families with multiple members and floater plans, restoration is particularly valuable. A comprehensive family floater with unlimited restoration — where the sum insured is reinstated multiple times in a policy year — provides the closest approximation to unlimited coverage.

No-Claim Bonus (NCB) NCB rewards policyholders who do not file a claim in a policy year by increasing the sum insured at renewal without additional premium. The structure varies:

- *Cumulative NCB:* Sum insured increases by a fixed percentage (typically 10-50%) for each claim-free year, up to a maximum cap (often 50-100% of the original sum insured). - *Super NCB:* Aggressive products offer NCB accrual of up to 100% over claim-free years.

Critically, most insurers reduce the sum insured back to the base amount (or reduce the NCB incrementally) after a claim year. Understanding the NCB retention policy — how quickly the bonus erodes after a claim — is important when comparing plans.

Some insurers offer a hybrid model where NCB is partially protected even in a claim year, effectively insuring the no-claim bonus itself. These features, while premium-adding, are worth considering for older policyholders who may face claims more frequently.

Section 80D of the Income Tax Act, 1961 provides deductions on premiums paid for health insurance policies. For individuals not opting for the new tax regime under Section 115BAC, these deductions directly reduce taxable income.

Deduction Limits (FY 2025-26)

Premiums paid in cash are not eligible for Section 80D deduction. Payment must be made through non-cash modes — online transfer, cheque, credit card, debit card, UPI.

Preventive Health Check-up Within the 80D limit, expenses on preventive health check-ups up to Rs 5,000 per year are deductible. This sub-limit is within the overall cap, not in addition to it.

GST on Health Insurance Premiums Health insurance premiums attract 18% GST in India. The GST component is included in the premium paid and is eligible for Section 80D deduction — i.e., the deduction is calculated on the total amount paid, inclusive of GST.

Group Health Insurance and 80D Where an employer pays the group health insurance premium on behalf of employees, the employee cannot claim 80D deduction for that portion. However, if the employee pays a top-up or voluntary enhancement premium from their own pocket, that portion qualifies for 80D deduction.

Old vs New Tax Regime Individuals who have opted for the new tax regime under Section 115BAC cannot claim Section 80D deductions. This is a critical consideration when switching tax regimes. For individuals with significant health insurance premiums — particularly those covering senior citizen parents — the 80D deduction alone may make the old regime more advantageous. A tax advisor should model this explicitly.

The Claim Settlement Ratio (CSR) is the single most cited metric when comparing health insurers in India. It represents the percentage of claims settled by the insurer out of the total claims received in a given year. IRDAI publishes this data annually in its Annual Report.

How to Read CSR A CSR of 95% means the insurer settled 95 out of every 100 claims received. The remaining 5% may have been rejected (for reasons such as policy exclusions, waiting period applicability, fraud, or documentation deficiency) or are pending at year-end.

However, CSR is a blunt instrument. It does not tell you: - The average claim size being settled - The time taken to settle claims - Whether the insurer partially settled claims (paying Rs 3 lakh against a Rs 10 lakh claim due to sub-limits) - The percentage of disputes escalated to the Insurance Ombudsman

**Metrics That Matter Beyond CSR**

IRDAI requires all general and health insurers to maintain a solvency ratio of at least 150%. Insurers with solvency ratios materially above this threshold provide an additional buffer against catastrophic claims scenarios.

Leading Health Insurers in India (2026 Overview) Star Health and Allied Insurance, Niva Bupa Health Insurance, Care Health Insurance, HDFC ERGO Health (formerly Apollo Munich), and Aditya Birla Health Insurance are among the most active standalone health insurers. Public sector insurers — National Insurance, Oriental Insurance, New India Assurance, and United India Insurance — offer group mediclaim products with broad network access and are dominant in the small business and government-linked segment.

The optimal choice depends not just on CSR but on the specific plan terms, network hospitals relevant to your geography, and the insurer's claim handling reputation in your city.

IRDAI, established under the Insurance Regulatory and Development Authority Act, 1999, is the apex regulator for the insurance sector in India. Its regulations directly shape every dimension of health insurance — from product design and pricing to claim settlement timelines and policyholder grievance redressal.

**Key IRDAI Regulations Relevant to Health Insurance Buyers**

*IRDAI (Health Insurance) Regulations, 2016:* The foundational regulatory framework governing health insurance products, coverage terms, and underwriting practices.

*IRDAI Master Circular on Health Insurance (2024):* A consolidating circular that updated numerous provisions including: - Standardisation of definitions for pre-existing diseases, day care procedures, and hospitalisation. - Reduction of maximum PED waiting period to 36 months. - Mandatory cashless facility at all network hospitals. - Prohibition of claim rejection beyond 8 years of continuous policy renewal. - Standardisation of moratorium period: after 8 continuous years of renewal, the insurer cannot reject a claim on grounds of non-disclosure or misrepresentation (except for proven fraud).

*Moratorium Clause — A Critical Protection:* The IRDAI moratorium is one of the most policyholder-friendly provisions in Indian insurance regulation. After a policy has been in continuous force for 8 years, the insurer loses the right to repudiate (reject) the claim on grounds that the policyholder had a pre-existing condition that was not disclosed at inception — unless fraud is proven. This makes continuous policy renewal a strategic imperative.

*Insurance Ombudsman:* A policyholder who is aggrieved by an insurer's claim decision can approach the Insurance Ombudsman — a quasi-judicial forum established under the Ombudsman Scheme. There are 17 Ombudsman offices across India. The Ombudsman can award compensation up to Rs 30 lakh per complaint and is free to use for policyholders. The typical resolution timeframe is 3-6 months.

*Integrated Grievance Management System (IGMS):* IRDAI operates the IGMS portal (igms.irda.gov.in) where policyholders can register grievances against insurers. Insurers are required to acknowledge and respond to IGMS complaints within stipulated timeframes.

**Standardised Health Insurance Products**

IRDAI has introduced Arogya Sanjeevani, a standard health insurance product that all insurers must offer. It has: - Sum insured options from Rs 1 lakh to Rs 25 lakh - Standardised terms and exclusions across all insurers - A 5% co-payment clause - Coverage for AYUSH (Ayurveda, Yoga, Unani, Siddha, Homeopathy) treatments

Arogya Sanjeevani is particularly useful for first-time buyers who find the proliferation of product variants confusing — it offers a baseline standard against which other products can be compared.

Health insurance portability, introduced by IRDAI in 2011 and refined subsequently, allows policyholders to switch from one insurer to another without losing the credit accumulated for pre-existing disease waiting periods and time-bound exclusions served under the previous policy.

How Portability Works - The policyholder must initiate a portability request at least 45 days before the policy renewal date. - The new insurer must offer coverage for the same or higher sum insured. - Waiting periods already served under the previous policy are credited — the policyholder does not restart the clock. - The new insurer cannot impose fresh PED waiting periods for conditions that were already covered (or would have been covered) under the old policy.

*Example:* You have held Policy A for 2 years and served 24 months of a 36-month PED waiting period for diabetes. You port to Policy B with a 36-month PED waiting period. The new insurer must credit the 24 months already served — you only need to serve 12 more months under the new policy.

**When to Consider Portability**

Portability Limitations - The new insurer can underwrite afresh — meaning they can apply loadings (premium hikes) for your current health conditions even if portability credit is given for waiting periods. - Portability applies to waiting period credit, not to NCB necessarily — check whether the new insurer will honour the accumulated NCB. - Portability between group policies and individual policies is permitted in one direction: individual policy can be ported to another individual policy; group policy cannot be directly ported to individual, but a member leaving a group can apply for an individual policy with waiting period credits.

Top-up Portability Super top-up policies can also be ported. Given the relatively low churn in top-up claims, insurers are generally willing to port top-ups with standard underwriting.

Filing a health insurance claim is a process where preparation, documentation, and timing make the difference between full reimbursement and significant out-of-pocket loss. A claims strategy encompasses decisions made well before hospitalisation occurs.

**Pre-Hospitalisation Strategy**

*Know Your Network:* Maintain a list of network hospitals in your city and preferred hospitals near your home and office. In a planned hospitalisation, always cross-check that the hospital is in-network before admission.

*Pre-Authorisation for Planned Procedures:* For elective surgeries and planned admissions, contact your insurer or TPA 48-72 hours in advance to initiate pre-authorisation. This avoids delays at the hospital and ensures the cashless process is already in motion at admission.

*Review Your Policy Before Each Renewal:* Claim strategies must account for current policy terms. Sub-limits, co-payments, and exclusions may have changed at renewal. Read the updated policy document each year.

**During Hospitalisation**

*Document Everything:* Collect all documents from day one — daily medical progress notes, diagnostic reports, specialist consultation records, medicine prescriptions, and nursing notes. Hospitals sometimes provide summarised records at discharge that may omit details needed for claims.

*Room Category Discipline:* If your policy has a room rent cap, consciously select a room within the cap. The proportionate deduction applied to all charges when you breach the room rent cap is far more expensive than the incremental comfort of an upgraded room.

*Communicate Claim-Relevant Information to the Hospital:* Ensure the hospital's insurance desk has the correct policy number, insurer contact details, and TPA information. Errors in claim forms submitted by hospitals are a leading cause of claim delays.

**Post-Discharge Reimbursement**

*Submit Within the Deadline:* Most policies require reimbursement claims to be filed within 15-30 days of discharge. Missing this deadline gives the insurer grounds to reject the claim on procedural grounds. File the moment all original documents are in hand.

*Keep Copies of Everything:* Submit original documents to the insurer but retain photocopies of every document submitted. This is essential if the insurer claims non-receipt of documents — a not-uncommon dispute.

*Dispute Resolution Escalation Path:* 1. Contact insurer's grievance cell (mandatory response within 15 days per IRDAI). 2. Escalate to IRDAI's IGMS portal if insurer response is unsatisfactory. 3. File complaint with Insurance Ombudsman for claims up to Rs 30 lakh. 4. Approach consumer forum or civil court for higher value disputes.

Tax-Optimised Claims Filing For individuals in higher tax brackets, there is occasionally a debate about whether to file small claims (Rs 20,000-50,000) or absorb them out-of-pocket to preserve NCB. Model the NCB impact over 3-5 years against the immediate claim benefit. For a Rs 10 lakh base policy with 50% NCB accrual, one avoided small claim can be worth Rs 5 lakh in enhanced coverage — far more than the claim amount.