This is a question frequently posed by persons who are employed and have a good health insurance cover provided by the employer as an incentive for his or her family and self.
Before I answer this question let us look at the employment and the insurance scenario. Today companies hire people based on their skill and experience and basis their annual performance reward them for good work. In case you fail to achieve the company targets you may be asked to leave. This is true for all companies. No employee can have his position taken for granted. In such cases you may find yourself out of job and also out of insurance cover for your self and your family when you most need it. Also today the companies are running on a very tight budget and are under pressure to bring profitability which has lead the companies to start limiting the insurance benefits by restricting the sum insured, introducing copay, introducing sublimity on ailments which lead to a substantial sum being paid out of your pocket. Also you will retire after completing your service and have no insurance at age of 60, when you need it the most.
Thus, it is very important for every employee to have a individual mediclaim in addition to the group cover already provided by the company. This will ensure that the waiting periods imposed by the individual insurance cover can be settled by the corporate insurance and you will also have taken the policy at a young age when chances of pre existing conditions are very low. Also the individual insurance can be used for amount not paid by corporate cover due to limits. Also you will have a substantial I durance cover when you retire and can also avail all the benefits if and when required.