Health insurance policy secures your finances again sudden medical expenses it is a comprehensive policy for you and for your family disgust to cater most of your common healthcare needs it comes with an option to include your family under one policy which is called a family floater you can choose a coverage for your family health insurance
Health insurance covers the medical expenses of the insured due to illness or medical in exchange for a premium amount it enables the insurance company to provide a medical coverage for hospitalization expenses day care procedures and critical illnesses and other medical conditions a health plan also offers multiple benefit which includes cashless hospitalisation and free medical checkup.
|Sum Insured||₹50,000 to up to ₹3 crore|
|Pre & Post-hospitalization Expenses||Covered|
|Free Health Check-ups||Available|
|Day Care Procedures||Covered|
|Tax Benefits||Up to ₹75,000 per financial year|
You should buy a health insurance policy with a minimum waiting period, lower waiting lower the waiting period you will be able to avail coverage faster.
No claim bonus you should pick a health insurance policy which has got maximum no claim bonus it helps to increase your overall health insurance cover by up to 50% any 100% in certain cases.
|Age Criteria for Adults||Entry age for Adults: 18 to 65 years|
|Age Criteria for Dependent Children||Entry age for Children: 90 days to 25 years|
|Pre-medical Screening||Above the age of 45/55/60 years|
|Pre-existing Disease waiting period||2 years to 4 years|
Myths about health insurance I am healthy I do not need medical insurance my health insurance will cover all medical expenses declaration of pre existing disease smokers are not eligible to buy a health insurance medical insurance will only cover hospitalisation expenses if I am covered under group corporate health insurance policy I should not buy a health insurance
Health insurance can now be available 2 people who already have a diabetes all blood pressure so it is a good news that people with a pre existing disease can also avail health insurance benefit