Single-disease plans good for insurance sceptics, but not fit for long term

Combination of comprehensive health insurance and critical illness cover a must to meet healthcare needs

Many individuals don't buy health insurance for various reasons. Some don't feel the need, given they are healthy. Then, there are those who think that insurance is complex and an insurer will not make adequate payment when a claim arises. To cater to such individuals, insurance firms have started launching disease-specific covers. 

Recently, Bajaj Allianz General Insurance launched M-Care, a health insurance plan that covers seven common vector-borne diseases prevalent in the country, including dengue, malaria, chikungunya, kala-azar (visceral leishmaniasis), Japanese encephalitis, filariasis and the Zika virus. An individual can choose a cover ranging from Rs 10,000-100,000. The minimum premium