The individual insurance cover is cover that is taken for an individual only.
In a family setting, each member can have health cover separately and the amount insured will be for a single person only.
The amount insured and the premiums to be paid for such a cover depend mainly on the insured's age.
It is important to note that even if the cover has been taken for the whole family, each individual's cover will be treated as a policy on its own.
When it comes to finding the best individual health insurance provider it is important that you take your time researching before settling for a specific provider.
You can do this by using the internet to find reputable insurance providers or through contacting an insurance agent.
There are several factors that you should consider while making your choice for an insurance provider.
You should find out what are the pre-existing conditions and limitations for the policy being offered, how much the policy costs and what amount of premium you will be required to pay and the current needs for the cover.
Among other factors to be considered include finding out the types of insurance plans that are being offered as from this you can settle on a plan that suits your needs.
Though with individual health insurance there are various types of plans, the most known are the health maintenance organization (HMO) and the preferred provider organization (PPO).
The HMO allows you access to various services which are affordable and one is given a primary physician that determines what treatments you should undergo through in cases of health issues.
With PPO you get to choose your own physician and it is less restrictive than the HMO though more expensive.
Compared to the group plan, individual health insurance is preferably the best to settle for because with this you have an assurance that whether you have your job or not, you will still be catered for by the insurance company.
Such an assurance is what has made many people opt for the individual policy rather than the group policy.
The individual insurance has several advantages which make it one of the best insurance policies ever.
The policy can be taken at family level with each member getting their own policy.
The insurance is also the best choice for high health risk families as the policy will ensure satisfactory cover for an individual and lastly even if one of the family members is past the policy renewable age, the cover will still be functional.
The main disadvantage with individual insurance is that it is expensive and every policy has to be managed independently.