Medical Emergency Fund
Your safety net for situations your health insurance won't cover
Health insurance covers most planned hospitalizations — but there are gaps. A claim may get rejected. A family member may need prolonged home nursing care. An elderly parent may require a live-in caregiver for months. This fund is your buffer for those unexpected situations.
Twenty Five LakhMinimum suggested: Rs 25 Lakhs. Bigger is always better.
Your Medical Emergency Fund
₹ 25 Lakhs
Twenty Five Lakh
What this fund covers
- Insurance claim rejection or partial settlement
- Prolonged home nursing / caregiver costs
- Non-network hospital treatment
- Critical illness not fully covered by policy
- Room rent and ICU limits exceeding policy caps
How to invest this fund
Unlike liquid emergency funds (which must stay in FD/savings), this fund is unlikely to be needed all at once. You can invest it in a Balanced Advantage Fund or Hybrid Fund — it grows steadily while staying accessible within 2-3 business days if needed.
Avoid equity-only funds for this. A 40-60% debt allocation gives stability.