Medical card has to be 'Guaranteed Renewable' because for most if not all insurance companies will not cover under these 3 circumstances. i) Naturally Born condition, ii) Pre-existing condition, iii) Self-inflicted condition. To elaborate please RTP.

The advantage of getting a policy with returns is that it will generate CV although not guaranteed the percentage but at the end of the tenure you may be able to get back some money if not all. This way is far more better than those standalone policy whereby you renew them every year without CV like buying a Car Insurance Policy. Even Car Insurance Policy has NCD but nothing from standalone medical card. The amount you pay for a ILP and standalone medical card is not much of a difference taken into account the type and extent of the coverage.

If you need further advise, you can either drop me a P.M. or email me.