How to choose the right policy?

First rule is that you should choose the sum assured while looking at what your pocket can afford. Keep in mind that in most of the policies there is condition of room rent limit on per day basis. It is 1 % of the sum assured. In case you are assured for Rs 2 lakhs then room rent to be paid will be Rs 2,000 per day. In a good Delhi hospital this rate may be Rs 6,000 per day – it means that if you stay in hospital for 3 days then under the head of room rent Rs 18,000 will not be paid to you but only Rs 6,000 will be paid.