Health insurance helps deal with any kind of financial crisis in case of medical emergencies.
Why health insurance is required?
- Enables You to Save Money: Hospitals or hospitalisation can burn a large hole in your savings. Medical treatment is expensive and becomes more challenging if the earning member in the family needs to be admitted. Good health insurance allows you to pay a small premium amount each year and keeps away stress in case of medical urgencies.
- Cashless Treatment: Additional benefit of Health Insurance is that the insured can take benefit of cashless treatments. Insurance companies work in collaboration with a network of impaneled hospitals and cashless treatment ensures clients need not pay huge amounts of funds to get treated.
- Medical Checkup: Health insurance policy offers periodic health checkups without additional cost. Complimentary health checkup in fact is offered by a few health insurance providers based on the type of policy chosen.
- Tax Benefit: Health insurance can prove to be important since it allows you to save tax based on the premium you pay each year. Tax-deductible can be claimed under section 80D of the Income Tax Act.
Now, the important question is that with so many health insurance providers out there, how do you choose which health insurance provider is best for you?
It is to be noted that medical expenses are rising each and every year. Inflation in medicare is much higher than food or other expenses.
A health insurance policy can prove to be beneficial and this is most important for senior citizens since they are more prone to ailments as their age advances. Secure your future today with help of our sound investment services for health insurance and more.
We help clients analyse their requirements, budgets, and medical background before an appropriate health insurance plan is shared with them.
This is done depending on the client’s age, medical history, sum insured, and the type of plan that would meet their requirements.