Health insurance is a sort of insurance that pays for unexpected medical costs brought on by a disease. These expenditures may be associated with the price of hospitalisation, the price of medications, or the cost of medical visits.
Why is health insurance necessary right now?
Nobody intends to get sick or harmed, yet anybody might get a serious illness at any time. Your money that you have built up over time may be severely strained by the cost of the illness's treatment. This implies that you could have to choose between giving your child the greatest possible education and not making your mortgage payments on time. The expense of medical care is steadily increasing today.
Health insurance policies may pay a certain pre-determined amount directly to the insured consumer or reimburse insured customers for their medical expenses, including treatments, surgeries, hospitalisation, and similar costs that result from injuries or diseases. A health insurance plan provides protection for the customer's potential future medical costs.
In this contract, the insurance provider and the client both agree to guarantee reimbursement or compensation for medical expenses in the event that the latter has an injury or illness that necessitates hospitalisation in the future. Most of the time, insurance companies have agreements with a network of hospitals, guaranteeing that patients there would receive payment-free care.
BENEFITS:
TAX FREE ON BOTH TRANSACTIONS
COVERAGE AGAINST MEDICAL EXPENSES
COVERAGE AGAINST CRITICAL ILLNESS
CASHLESS CLAIM BENEFIT
ADDITIONAL PROTECTION OVER AND ABOVE YOUE EMPLOYER COVER
TYPES OF HEALTH INSURANCE-
FAMILY/ FLOTER HEALTH INSURANCE
INDIVIDUAL HEALTH INSURANCE
GROUP MEDICLAIM INSURANCE