Hi,
I already have a health insurance cover of 5 Lakh for my family provided by my employer. In addition to that the employer has also taken a bigger group floater policy which can be used any employee once their 5 Lakh cover runs out.
I am now considering to buy own health insurance cover. My question is – Is it sensible to keep my health insurance cover low for initial years and then increase it later. Because I will always be using the employer provided first and may not even use my own insurance cover. Then by keeping the cover small I can reduce premium which can in any case increased be later. Please suggest if this thinking is alright.