NEVER buy the same Health Insurance as your parents - Here's why! | Ankur Warikoo Hindi Video

If you wish to be part of the Money Matters series, please fill up this form: forms.gle/Tmbo...
How to buy health insurance for your parents?
What are the key things to keep in mind while buying insurance?
Why should you NOT buy the same insurance plan for your parents, as yours?
Welcome to part 3 of the 6-video course called The Complete Guide to Buying Insurance.
To browse through Term life insurance plans on PolicyBazaar, please click - bit.ly/3eHkZrk
To browse through health insurance plans on PolicyBazaar, please click bit.ly/3dgKQmH
In Part 1 and 2, we covered basics of insurance: • Basics of Insurance | ...
and understanding Life Insurance: • Understanding Life Ins...
To view the notes for this video, please visit bit.ly/2Ws0HJq
In this video, we will discuss how to decide the right insurance plan, specifically for our parents. How is it different from a family floater plan? What are the different factors to look at while selecting a plan that suits our parent’s needs?
We'll also understand why having an individual plan over and above the corporate plan that we might already have, is important!
And finally I will walk you through the step by step process of buying a health insurance plan for your parents on PolicyBazaar.com - where we also get to compare the different plans and pricing for making an informed decision.
If you have any questions, I’d be happy to answer them in the comments section below!
The Complete Guide to Buying Insurance is in association with PolicyBazaar.com as my knowledge partner.
#warikoo #insurance #policybazaar
Click here to subscribe to my KZbin channel: shorturl.at/bizNX
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Ankur Warikoo is an entrepreneur, an angel investor, a mentor and an active public speaker.
For the past 4 years, Warikoo has been actively sharing content on KZbin, LinkedIn, Instagram, Facebook and Twitter amassing a following of 2.9Mn+ people.
He posts 3 Hindi and English videos every week on his KZbin channel, where he talks about entrepreneurship, how to grow in life, personal finance and failure.
Warikoo started his entrepreneurial journey in 2008. His most recent startup is nearbuy.com where he was the founder and CEO from 2015 until 2019.
Prior to that, Ankur started Groupon’s India business in 2011 and acted as the Country CEO from 2011-15, and Head of Groupon APAC from 2013-15.
An alumnus of the Indian School of Business, Ankur is an active Angel investor and mentor to several startups.
Ankur has been part of Fortune Magazine’s 40 under 40 List for India, LinkedIn India’s PowerProfiles List, LinkedIn India’s Spotlight List and India’s Top Executives under 40 list.
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[@warikoo]

The Complete Guide to Buying Insurance is in association with PolicyBazaar.com as my knowledge partner. To browse through Term life insurance plans on PolicyBazaar, please click - bit.ly/3wJiY20 To browse through health insurance plans on PolicyBazaar, please click bit.ly/3dgKQmH

[@argajit]

Hi, Ankur sir I just saw your video on Stocks investing in Kite. There you had mentioned IND Money to track your personal finances I would like to know if it is safe to provide them our Email access. If there are some Security Breaches at IND Money there can be a Data Risk! Can you make a video on it?

[@aratrika100]

Great value addition. Thanks Ankur 🙂

[@sanjanind]

I have corporate plan and there is no waiting period for my parents, if I go with new plan then will they cover existing diseases without waiting periods

[@warikoo]

There will be a waiting period. More of a reason why you should go with your plan right away

[@islamiilm2092]

Hello Ankur, thank you for this information I have one question... What about the OPD charges for parents i think u did not cover it completely in PED. For example are my parents are old and like every indian they have BP and Diabetes... On a monthly basis they incur around 5K of medicines per month. Is there any insurance company in your sight that covers this as well? I am a corporate employee and my corporate plan covers this... But there is a cap of 10K for it. I would consider myself lucky if I could get a reply from you. Thanks, Samir

[@ankitha4797]

Points to consider : -No capping on room rent -Post hospitalization expenses cover -Pre existing diseases (PED) cover for a year -Don't choose family floater plan with parents -Transfer corporate to personal plan to include the reduced PED time -Insurance is only for critical situations - don't use unnecessarily

[@leaquatali0379]

Perfect 👍

[@mayurkakkad007]

thanks a lot for summarizing precisely

[@soumyajitdey5720]

God has sent this man just to educate the youth, isiliye astrophysics me Phd nehi ho paya. There's no other reason.

[@shaimanshaikh6815]

*astrophysics, but koi ni. Bhavana samaz gaye😂

[@soumyajitdey5720]

@@shaimanshaikh6815 😅😂 sorry..change kar diye hae 🥴

[@anishraj3462]

Me at age 21 in college, planning all my expenses while doing a job, through this video... :). Thanks for the head start Ankur..

[@anishraj3462]

@Gayatri 🐣 Great to see someone else from my age planning early too :)

[@anishraj3462]

@Gayatri 🐣 Hi Gayatri. Sorry for the late reply. Unfortunately, I haven't gotten anything yet.

[@hrushikeshmarathe5513]

@Gayatri 🐣 hello anyone seen Navi health insurance?

[@pictureswithstories4362]

Same here

[@uranimedude1232]

myself a teenager .. huh amateurs..

[@siddharthsheth7456]

Quite Insightful! You are actually touching the future by educating millions!

[@warikoo]

Thank you 😊

[@medhabhardwaj5897]

I was planning to buy insurance for my mom dad and here is your complete guide 💯👍

[@IrfanKhan-gk7oi]

If you want buy health insurance will help you ...I am a agency manager is max Bupa health insurance

[@dddiya20]

Haii

[@dustyMehul]

You are innocent if you feel that Aggregators like Policy Bazar will not promote one policy over the other. 😄 Happy Learning.

[@atleastthreecharswide]

This is true. But, policybaazar is quite good at discussing with you all the different plans. I have very good experience buying Life and exploring Health insurance.

[@arpankumar3218]

True

[@palakondarayuduuppu6420]

Yes, they promote every product if you call for one, and one more is no clarity on their own terms and conditions of policy. They sell any policy but during claim we get 10% only if we do higher policy. 🤨🤨

[@PaudingDisuang]

Thank you. Of all the financial KZbinr, I gravitate towards you the most as you give the most practical and clear picture which is easy to easy to understand. It's probably just me but other KZbinr's videos are very vague and does not present a clear picture as you do.

[@Scramblerwalayash]

Being a 19 year old student I find your videos very educative for future planning.

[@Rishabh-kj2ed]

As a 17 years old i love to watch your videos!!

[@amitdubey986]

You are lucky to have such guidance at this age.

[@barjindersingh5444]

I am also 17 years old

[@mayanks8406]

@@barjindersingh5444 i am 16

[@vikassinghescapist5558]

I have learnt so much from your videos and while watching your videos I feel you should never stop speaking, matlab aap bolte raho video chalta rahe, no endings, offcourse on 1.5 speed 😄 Great work...

[@user-jc6te1vm8v]

Yet to see a host better than him presenting stuffs and ensuring alongways nothing gets skip ... Appreciation for your efforts sir

[@tech_wizard9315]

Things to Include in health insurance for parents:. 1)Hospitalization Expenses: Make sure there is no capping on room rent of hospital 2)Pre and **post hospitalization Expenses( after hospitalization: 30-60days) Day care procedures Domiciliary procedure (ghar pe jo b cure horha hai example during COVID) Pre existing illness 20:00

[@VISHWA2Allinoneindia]

मैंने कई वीडियो देखे हैं लेकिन सब कुछ उड़ गया। यहाँ बहुत अच्छी तरह से समझाया गया है

[@DipakKumar-kl1gn]

I always watch your all series & i love the way you convey them. It directly connects our heart. You are doing a great job. May god bless you always 🙏🙏

[@anshagarwal9826]

There is 1 in million who helps people with such an ease.

[@vishadpawar7262]

This is my first time in this health insurance field and by only this video i cleared all of my points, no daught no 2nd thought and offcourse no issue to purchase policy - thanks to policy bazar.

[@supriyo89103]

Brother, thank you Dilse, Love from Kolkata, this whole series has taught me a lot and especially buying insurance for my parents. :)

[@sunnywadhwani1996]

Sir this was a much needed video. I was very confused on choosing the right health insurance for my parents but you have made it very clear. Gen Z is really lucky to have people like you who can guide us correctly.

[@anuradhagupta9234]

If you willing to buy an health insurance policy I will help,I am working in I icici Lombard

[@mrinalrikusarmah4501]

That's so so good guide for everyone.....Love you sir...from Assam ❤️🙏

[@coding_ss632]

I bought health insurance today for ₹27.6k for my parents after watching your video ... Thank you. Now looking for a good term insurance with critical illness & disability cover.

[@alokpisal]

Which company insurance you bought for your Parents?

[@harleen6122]

Bajaj Alliance is worst, they promised to post-hospitalization but don't approve the full amount

[@sunnyb1638]

And today i was to enroll my parent for corporate medical insurance and you shared this..i know by the end of the video,I would be sure about what needs to be done.more power to u

[@abhisheksutar8784]

This man is preparing me for the real world more than anything ❤️

[@raod799]

Hi Ankur, loved the video. Just a feedback, if you would have covered Super Top-Up that would have completed this video. Not many people know about this product and is very important when we talk about medical insurance for parents.

[@warikoo]

That’s right. Thanks for pointing out

[@ananya4766]

what is it? I couldn't understand properly with the articles I found on google.

[@vinodchoudhary4239]

Sir 10000rs per month ke liye budgeting ki video banaiye sir plzz

[@nikhilhalbe]

bhai basic toh clear hai atleast 4 thousand rupees invest kardena in equity for long term

[@vinodchoudhary4239]

But without increment

[@nikhilhalbe]

@@vinodchoudhary4239 koi baat nahi start kardo increments kabhi na kabhi hogi hi future mai

[@akrshn_10_7]

Bhai apni strategy khud bnaaa koi itni achi trha nhi btaye ga jitna tu khud bnaye ga apni strategy yeh bhi tho khud try kr k hu sikhe h bs video dekh aur apna mind khud chla follow mt kr unki bt puri trha see

[@hkartbox142]

Yes..

[@anirudhatalmale5575]

This video was super helpful ... Just a small advice - always remain honest to your viewers

[@Sunilvagabond]

Lucidly explained how to select Medical Insurance plan ❤️

[@sudarshanpawar2802]

Perfect explanation Sir

[@VanyasWonderland1234]

Hi..Mr. Warioo I would like to congratulate you for doing amazing videos and helping people who really need these valuable knowledge. And your smile is really infectious😍

[@conveticnetworksprivatelim7650]

I am really amazed by having your this video and right now I subscribed plan for my parents.

[@SrikarReddy1993]

Thanks a ton for putting in the effort of creating such useful videos Ankur. Much appreciated! Knowledge is Power!

[@ciasma_xavi]

Why am I so envious of the way how successful people's effective speeches seem so effortless?

[@virenderbhat6906]

Very much informative and a good guide for purchasing health insurance for any one who is a layman in this field. A noble service to community. Usually people end up buying costly plans. 👍👍👍

[@tusharghanti1309]

The content on this channel gets better and bettet each day ... he helps to cover every financial aspect of life.. be it investments or coverages

[@AnshumanMitra1]

Great video as usual, only one issue "Policy Bazzar". Once you put, your mobile No., They will make our life hell by calling again and again.. if , we select the option-we dont need help then also. i think Policy bazzar & Bank bazzar are the biggest spammer in True caller list.

[@jjp_in]

I was sad because I missed to add my parents in corporate insurance and had no clue about insurance for parents.... This video was something that I was looking for.. Thanks sir... Very informative and need of the hour video

[@albertishu9066]

Thank you for covering every Essential topic comprehensively... Appreciate your efforts ❤️

[@yogiarchit]

Please make more videos like this 🙏🙏🙏

[@samitjena6272]

Great piece of information, I was exactly looking for this. It cleared many doubts which i had before. Thank you..

[@AbhisekkVashisht]

Hi Ankoor, Please make a video on how to choose your vehicle insurance. It's mandatory to have one and plenty of options are available.

[@ZubairAhmed1024]

just what I needed. Thank you for everything.

[@ajai_dubey]

Thank You for Sharing. ❤️ This sharing felt like real caring. : )

[@NaniA-v9y]

Thanks alot anukur. You're my saviour

[@jeevanshinde8490]

Thanku Bhai hum etna afford kar sakte aur mujhe lagta hey her koye kar sakta job ya business karta hey mom dad ke her month 5k or 6k hoga to bhi chalega ye to 3thoused something hey na thanku Bhai knowledge dene ke liye .mujhe finance boring lagta hey poetry arts ka accha lagta hey but aaj samja life me ye jarure hey kabhi socha nahi the bas money rakhta tha save karke vo bhi jada nahi hota tha but tum honest ho yaar sahi bataya aur tumhare dillchasbhi hey jo mere liye acche hey tumko policy bazzar ne money dena chaheye kay batate ho yaar thanku bhai🙏🤗

[@sateeshpateel]

NIce and clear explanation. Thank you for the information which cleared most of my doubts

[@garikipatideepthi2240]

Thank you so much for making this video .I have been waiting for this health insurance video after your life insurance video.i am about to take the health insurance for me and my parents few days back but I m just waiting for your video and what it's suggest about helath insurance.fortunately I didn't take the insurance yet.otherwise it is a such a waste If I take family flaot policy. You are just soooo nice in explaining .you are the reason for what I started investing in stocks and again you are the part of my decision making in taking helath insurance policy for my parents.i m sooooo great full 😊😊😊😊😊😊

[@ShrutiJadhav-n2z]

thank you for the helpful information. You cleared all of my doubts.

[@MohitSinghRawat]

Loving your way for simplifying the things.

[@janisvaz3880]

Amazing video. You answer almost all questions we youngsters have. Thank you for these videos!

[@Er.kunalsethi]

Thank You Ankur Bhai. I really didn't skipped any part of this video as it was well explained. Thanks once again :-)

[@make_the_way]

Sir Thank you! ... Thank you so so much for clearing every doubt I was willing to take a plan for my parents but I didn't knew about the facilities that I look for...u gave me every solution...so Thank you so much... Love & respect ❤

[@enscebose8466]

You are putting good work out there man for the generations to come. Sending good wishes to you and your family.

[@rishavroushan]

Warikoo Sir ,A Video On NPS Pension Scheme will be great ...Thanks

[@VIKASKUMAR-ti5wp]

Thank you for the info, It cleared many doubts.

[@Akdxori]

🤙🏻Ankur Sir I waiting this vedio from whole week

[@parameswarchatterjee6388]

Very needed video. Thankyou sir🙏

[@mayuriparmar8119]

It is very helpful 👍 thank you

[@SatishKumar4919]

Great work sir! thank you so much for this information.

[@kartikeyasharma9738]

Thanks sir for sharing your knowledge with us . This video is very knowledgeable

[@daviddunmer3889]

I know we all give in to temptation sometimes. Here is hoping that you are more careful with influencer marketing like in the case of Vauld, going forward. I know for a fact that you will NEVER defraud anybody or promote something you know to be false. But we all make mistakes in judging companies sometimes. This series has done a lot of good for a lot of youngsters in India.

[@dhananjaypardeshi8803]

Thanks for Best guidance

[@chayagp5561]

Thank you sir , it was a detailed viedio and maximum doubt cleared for buying policy for parents

[@vijaynathani5429]

Much needed sir yesterday I was searching for the same.thank you

[@sankalpmishra8849]

This series is really helpful 👍👍 please make more such series on other topics also

[@gurpreetsinghsandhu3149]

Thank you for such an important knowledge piece Sir! Insurance buying is somewhat crafty.

[@simranbharnuke9078]

Vey Informative Video.. Keep up the Great work

[@pramilakumari4422]

Thank you Ankur , this video is really very helpful

[@franciir]

So useful! Thank you!!

[@nileshshegokar4146]

Thank you so much for explaining about health Insurance

[@_nikita.naik_]

Thanks a bunch sir😊

[@Ar_One_]

Sir plz make a video on Super Topup Health Insurance plan............... Lv from Kolkata 💖❤️

[@only-1-earth]

thanks 👍 quite informative 👍

[@Rishabh-kj2ed]

Thank you for educating us about what's important!!

[@mohitkumarhans4706]

Sir please discuss - "Super top up plan" in the upcoming videos. Very few people know about it and I think it will be very beneficiary for all the viewers. Thank you.

[@codebyte1487]

*Highly Deductible policy

[@andsrew2694]

@@codebyte1487 what do you mean by it ?

[@manyabhavya]

Yes. And also if any super top up plan are cashless

[@codebyte1487]

@@andsrew2694 its just another name of super top up plan

[@vinisawali]

Thanks for explaining in detail with simplicity. Waiting for upcoming video on the same topic.

[@RajveerSingh-rv3fx]

I watched all the insurance series for class 11 commerce chapter all concepts cleared 👍👍 Thanks sir

[@sudarshandavid2576]

You are a life saver ji 😍

[@dipakpoojary6618]

Great ❤️👍 Waiting for complete guide for health insurance

[@priyanshumishra3107]

Thank you, sir. Helped a lot.

[@mahaveervalivade3065]

Sir, it's a awesome series but I have few doubts, - how to claim for an insurance? - what will be the procedure after claim? - will they directly pays to hospital or will pay to us?

[@sudhanshushukla4839]

Ye aur chij Kya 5L har saal ke liye h ya lifetime me 5L milega??

[@anuradhagupta9234]

You can contact me I am in icici Lombard

[@rohanmangale5990]

There are 2 ways to claim 1. Cashless - in this you dont have to pay anything, the hospital itself contacts with the insurance company and settles the amount. 2. Reimbursement - in this you have to first pay the bills from your pocket to the hospital and then you can file the claim to your insurance company and if it is approved insurance company reimburseme you the amount Most of the insurance nowdays has cashless facility But if for any reason cashless facility is not there, you can file for reimbursement after discharge.

[@optimisticsoch2150]

Thanks sir for such videos . Blessed to have you as our Guide 😊❤️

[@biklimbs1133]

Loved ur explanation sir

[@user-yash-raj]

This video is also about health insurance that is also curious .... definitely amazing concept....I have a question( high deductible policy) and what does mean....thanks a lot sir jee.....

[@anoobfrancis6613]

In corporate policy generally, the ped is covered from day one. That's what I knew when working with Bajaj Allianz general insurance.

[@MrKhan-co5ru]

Great video superb explanation..

[@growwithgaurav3225]

I love your videos .very point to point .

[@tejasbansod3444]

Thank you so much sir for telling us 😀🙏

[@BalwantSingh-on7em]

Thanks a lot.. really helped😊

[@TheAddictiveVibe]

Thank you so much Ankur Sir😊

[@sagnikroy7851]

I didnot know polocybazar was so useful

[@anjankumarmj01]

Thanks for the video Ankur.

[@shubhamkotiyal3708]

you make me excited for taking insurance

[@amitpaul7940]

Super topup is a very important feature which is not mentioned at all..

[@suneetabhat1822]

Sir budgetting pe video bana dijiye

[@nijamuudinahamad8381]

That's great sir ❤

[@saiakshaya.n2858]

Very helpful. Thanks warikoo :)

[@devyaratnauikey]

Thank You Sir Ji. You gave wonderful knowledge to me.

[@cherry-xw8pi]

thank you sir for covering useful information

[@theconfusedguy7859]

Hiii Ankur sir ❤️ I luv ur content ❤️❤️❤️ i wanted to ask you a question I m 17 and at present I have 40k in my bank ac so I was thinking that I should invest 10k of that in smallcase with monthly SIP and 15k in FDs ya I know you don't like FDs 😅 but I cannot put all of my money into stocks some I have to store so instead of keeping it in my bank ac what if I keep it in a FD What are ur opinions sir 🙌 ??