Health Insurance is a crucial instrument that provides everyone to financial security in times of need. Health insurance, which is popularly known as medical insurance is a type of insurance policy that offers comprehensive protection against expensive treatments so a person can get quality treatment whenever required. It protects policy holders from paying heavy medical bills when investors are injured or have fallen ill. When it comes to buying health insurance either for any individual or for family, one will come across many doubts; like how much insurance is sufficient? Where to buy? Whether one can afford it or not? Which one to buy? Which is the best health insurance company? All these issues are addressed in the paper.