Corporate Health Cover Vs Personal Health Insurance: What Every Employee Must Know

Many employees believe their corporate health insurance is sufficient, but experts say that may not be enough in the long run. Vishwanath Mahendra, ED & CFO, Niva Bupa, explains that while group health policies offer benefits such as pre-existing disease and maternity coverage, they remain valid only as long as you stay employed. After changing jobs or retiring, getting a new policy can become difficult due to age or medical conditions. He recommends buying a personal health insurance policy early and considering a top-up plan to ensure adequate financial protection during medical emergencies.