We have a bank account with a public sector bank, which provides a health policy to its account holders. Group health insurance plans are generally low-cost plans that offer superior benefits. First, group health plans do not promise life-long renewability. If you close your bank account or the bank opts out of the group health plan, the coverage would cease. You can look at Mint SecureNow Mediclaim Ratings to get a comparison of the health insurance plans available in the market.

Source: Mint June 30, 2019 07:18 UTC