Our body is the only place you have to live. Protect it with a health insurance plan.
Health insurance come under Life Insurance and is also commonly called "medi claim" policies. Health insurance protects you and your dependents against any financial constraints arising on account of a medical emergency.
Tax benefits : Health insurance policies also qualify for tax benefits, as stated under Section 80D.
Cashless settlement : Some health insurance provides you with cashless settlement, which means you can get admitted to a hospital and undergo treatment without paying anything to the hospital except displaying your medical insurance card to the concerned person. The insurance company will settle all your expenses with the hospital.
What is a health insurance plan?
- You have to pay a sum of money (Health insurance premium), to avail a health insurance policy.
- Your medical bills will be paid back to the extent you have insured yourself (premium you have paid).
- The health insurance plan pays your hospitalization expenses/bills, if you are hospitalized for at least 24 hours.
- You can also take a health insurance plan for your family under the family floater plan.