Why Do You Need A Health Insurance Policy?
by Kirti Saxena Kirti Saxena is a web enthusiast and a writerToday with rising costs, when you are suddenly struck with a
medical problem, the first thing that affects you is the physical strain of the
problem. Adding to this is the financial strain of paying the bills. Medical
costs can be heavy, leaving a family high and dry after paying the bills. Money
that you had saved for vacation has to be spent on the bills, which can be
really disappointing. However, you can reduce such problems by opting for health insurance.
What
Is The Protection Offered By Health Insurance?
It will cover for so many unexpected expenses which arise when you
need medical treatment. The best kind of policy is the comprehensive type
because it offers 360 degree protection. Here is a look at the many ways in
which it offers cover:
·
It pays for hospitalization expenses
·
It covers the pre and post hospitalization
expenses
·
It pays for domiciliary expenses
·
It pays for critical illness expenses
·
It pays for medical treatment expenses and day
care procedures
As you can see the policy protects you in so many different ways.
However the benefits given here alone are not what you can enjoy. You can also
take up add-ons through which policy protection can be enhanced. Example of add-ons are home nursing,
ambulance charges, expenses for
accompanying person and much more. The
policy has lifetime renewal benefits and there is a 24 hours claim facility in place
so that you can get the claim through as quickly as possible.
Cashless
Cover And Its Benefits
One of the key benefits offered by a comprehensive policy is
cashless cover. It enables you to take treatment in any hospital that falls
under the insurer’s network but without paying any cash. Just walk into the hospital take treatment
and walk off. It does not matter if you are in another city, you can still
avail this cover. Cashless cover saves you from the trouble of having to make
arrangements for cash when you are sick and need treatment.
Health
Policy – A Tax Saving Investment
One of the interesting points to note about health insurance is
that it comes with a tax benefit. When
you invest in a policy, you can make claims under Section 80D of the Income Tax
Act. Hence you can bring down tax
expenses with it.
Making A
Claim
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Created on Dec 31st 1969 18:00. Viewed 0 times.