Health insurance is a medical insurance policy that offers financial coverage for medical expenses when policyholder is hospitalized. The health insurance plan ensures cashless treatment, reimbursement of medical expenses & day-care hospitalization along with comprehensive coverage for pre & post hospitalization expenses etc.
Types of Health Insurance Plans:
Individual Health Plans
It offers a good number of benefits and additional coverage such as cashless hospitalization, compensation, and daycare assistance. It comes with add on covers that will help you to enhance your health insurance plans. It will be good for you as an individual.
Family Health Insurance Plans
It is the ultimate and the best plan which will cover you and your family at one single plan and against a single amount of premium. The sum insured should be taken as per your convenience as it will be divided equally among all. It will give you benefits, and you can track each and everything at a single plan. Some companies provide either one time or unlimited restorations of sum assured.
Top-up Plans
If someone has individual / family health insurance plans, you can enhance the coverage using top-up plans. They provide very high coverage for nominal price. The higher the base cover (also called as deductible), lower the top-up plans premiums. Top-up plans are activated only after deductible amount is fully spent from base insurance plan.
Senior Citizen Health Plans
It provides coverage above the age of 60. It covers the hospitalization expenses, in-patient covers, OPD expenses, and daycare expenses, etc. And gives you the tax exemption under Section 80D.Generally,these policies have co-payment (certain % of the money is paid by the policy holder) unless specified.
Critical Illness Plans
It offers the lump-sum amount in cases where the insured is diagnosed with critical illness problems such as kidney failure, heart-related problem, cancer, paralysis, etc. It carries huge benefits to cover the income loss or additional expenses that can not be covered by any insurances.
Personal Accident Plans
It offers insurance coverage in case of an accident that leads to partial or full disability or sometimes to death. It covers the hospitalization and bears all the medical health expenses. A fixed amount of benefit is given to his or her family.
Benefits
One should know the limits, sub-limits, waiting periods, inclusions and exclusions, co-payment conditions while buying a product.
• Cashless Hospitalization
It is the most appreciated thing while you get an insurance policy from the insurance provider. It provides cashless treatment in the network hospitals.
• Less premium high coverage
It is a good and a plus point that insurance helps you in getting a high coverage and a high sum insured with a low amount of premium policy.
• Financial assistance
One can easily get financial assistance if he or she has the coverage and have the insurance policy. It will be helpful and can save your hard-earned savings to get collapsed.
• Transfer your risk
You can easily transfer your risk from yourself to the insurance company.
• Tax benefits
You can get the tax benefits under your health Insurance plans under the section 80D. So check some of the health insurance-related plans with us and you can get the best one. It is good and important to buy a health insurance policy and we are always there to assist you regarding the same.
Important Features to Consider:
Age Lock Feature
Unlimited Recharge
10X boost of un-used Sum Assured
Higher Pre and Post Hospitalization Expenses
Consumables Cover
Health Check-up from 1st Year
Cover BP and Diabetes from Day 1
No Co-Payments
No Limits and Sub-Limits
Best Service
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