Why Do You Need a Health Insurance Policy?

1 CR Cover Amount: You get up to Rs. 1 CR cover amount per year. You can consume this cover amount for any type of hospitalization as per your policy terms & conditions.

Pays 90% Hospital Bill: Health insurance generally takes care of 90% of your hospitalization expenses. You can either avail reimbursement or cashless services.

Accident Treatment Covered: Pays for any accident related hospitalization expenses from the 1st day of your policy as per your policy terms & conditions.

Seasonal Illness Covered: Pays for any hospital treatment related to diseases like covid, fever, malaria, dengue, pneumonia, malaria & others just after 1 month of purchasing the policy.

Severe Illnesses Covered: If you aren’t affected by any pre-existing disease before purchasing the health plan & if you unexpectedly get any serious illness, it is taken care of after 30 days. These diseases include heart, lung, liver, kidney, diabetes, blood pressure & many more.

General Surgery Covered: Pays for any general surgery after a waiting period of 2-3 years. These include piles, fissures, gallbladder, kidney stone & any surgeries listed in your health plan.

How to Choose a Good Health Insurance Plan?

Large Cover - Select a large cover amount in the beginning, for e.g. a minimum of 5 to 10 Lakhs. In case it’s a family plan, go for an amount of 15 lakhs.

Waiting Period – Know about the waiting period. Once the waiting period is over, any critical illness or disease can be taken care of.

Don’t Delay - If you choose a

  small cover earlier & later get a serious illness, you will never get a large cover.

Customer Service - Choose a plan that has good claims customer service & cashless network hospitals

Tax Benefits of Health Insurance

On acquiring or recommencing a health insurance plan, the policyholder becomes qualified to get tax aids under section 80D of the Income Tax Act 1961. In order to get yearly tax paybacks, you should renew health policy on time.