Health Insurance

If you are a patient of a critical disease and you had spent all your savings, how would you face the future needs?  Lots of people suffered the same fate – they had not planned for their health, medication and hospitalization. 

I am a well-wisher and you may refer me as ‘health insurance or medical insurance’ as others do. I look like a simple document but I am the most sought after document indeed, when people need hospitalization but their money have made them to feel letdown. I, the health insurance, insure your health against a payment of 1% of the total amount of insurance coverage.  For example: if you are paying a premium of Rs. 10.00 annually for your health insurance, you can avail services of hospitalization upto Rs. 10,000.00, which is approximately 1000 times of what you had actually paid, from the next year of the first premium date. I am the most sought after gift by the fellow countrymen, for their elderly parents, their young children and their spouse.   Some people start to search for me, when their health starts to deteriorate.  They should understand that health needs regular attention to enjoy the worldly pleasures.

Medical insurance provides you cashless hospitalization facility also. Cashless facility of health insurance makes you to not to pay for pre and post hospitalization expenditures. You feel relaxed, if you have already opted for health insurance, which takes care of as many critical ailments as are possible.  You can avail such facility in a large network of hospitals round the city, the state or the country. Medical insurance offers you unlimited room rent till the last date of your discharge from hospitalization. 

There are many variants available in health insurance.  Some of the variants of health insurance cover routine check-ups, immunizations, doctor visits, lab services, prescriptions, dental and vision care, hospital care, and emergency services also. Some of the variant makes you eligible for critical ailments only and some of them cover hospitalization only.  Some of the variants in the market are offering investment benefits.  But, investment in health is different from investment in property or in market.

 You can avail medical insurance for individual needs as well as for your family needs. If you opt medical insurance for your entire family, its cost would remain relatively low. One should opt for low-cost health insurance which provides the maximum benefits of medical insurance. 

Moreover, health insurance helps to gain tax rebate on your annual earnings. So, at the end, it is a win-win situation in all the cases to have a medical insurance.

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