Health insurance policy is an assurance which provides immediate financial help in case when any medical emergency arises. It is a contract between a policyholder and the insurance company which covers medical expenses that might occur due to illness, injury or accident. If you have a health insurance policy, then some or all the medical expenses will be borne by the insurance company, against which an insured is supposed to pay a certain amount known as premium.
It facilitates you to get superior medical treatment without any worry of high medical costs.
Offers specialized coverage for critical illnesses.
Covers road emergency ambulance costs.
Offers an affordable premium for youngsters.
Provides cashless claim benefit, which allows you to take care of your health instead of worrying about hefty medical bills.
Protect your savings during medical emergencies.
Provides tax benefits under Section 80D.
Lastly, it safeguards you and your family and protects your savings.