Know the concept of health insurance –
To better understand coverage on a health insurance, you must know the concept of health insurance; no one knows when, unfortunately, one can get sick or hurt, but almost every person will need medical care at any point in life.
Life is full of uncertainty; we don’t know when we will have to face such a tragedy. Health insurance covers essential health benefits, medical care for illness and accidents and protects you from unwanted medical costs.
If you don’t have health insurance, it can result in significant medical bills or avoiding necessary medical care. So one should be prepared and stay financially protected from health-related risks in advance. And it gets more critical if your elderly parents are more sensitive to infections and diseases.
Health insurance: Protect you and your family’s health and goodness
If we require hospitalization or surgery by chance, then expenses can rise too high, which can wipe off all your savings. In addition, the situation and the treatment costs together can put you under a lot of stress.
Health insurance is the most critical decision you can make to help protect you and your family’s health and goodness.
It is not easy to find the right plan and understand. First, you have to know all the features and terms of health insurance. According to data, only 8% of Indians have health insurance.
What are Add-on covers in a health insurance policy?
Add-on covers in health insurance are optional coverage for the policyholder in the base policy. Offering benefits after and above the basic health insurance policy, add-on covers play a magnificent role in providing extra security at a low premium price.
- Some Add-on Covers –
- Cover on critical illness,
- Cover on personal accident,
- Air ambulance,
- Reduction Waiting Period in pre-existing disease
- The benefit of Add-on covers in health insurance policy –
- Section 80D of the Income Tax Act provides tax relaxation in Add-on cover.
- Get attractive features that are not available in the health insurance policy itself.
- Available at a low premium is the best part of the Add-on cover.
Important factors before choosing the best health insurance plan –
Every health insurance policy has its speciality, chosen as per your specific needs. There are many factors that you must look at the time of selecting a health insurance plan –
- Like the payout method.
- The claim process must be fast and straightforward.
- The period of waiting after payout happens on diagnosis or actual hospitalization.
- The cover amount must be maximum or adequate.
- Include with pre-hospitalization benefit.
One feels a significant problem with health insurance at the time of claim because when hospitalized, we are already in trauma, and these complex processes lead the problem to multiply.
So while choosing a health insurance plan, we should always check the function of claims.
Buying health insurance –
Now buying health insurance online comes with many benefits, and one can compare all available plans with the help of the internet. Moreover, the best health insurance covers all of your medical expenses.
Best Health insurance covers the cost of hospitalization, cost of travelling, covers ICU charges, medicine cost, and all others related to health issues.
