Health Insurance is a type of insurance that safeguards you and your family against medical expenses that arise due to an accident, illness or critical health insurance policies come with benefits like cashless treatment, coverage for pre and post-hospitalisation expenses, ambulance cover, etc. A comprehensive health insurance policy is a saviour in times when you fall ill.
Why Health Insurance?
A health insurance policy will help you get the best medical care and you don’t have to worry about expenses. It also helps cut down the cost of medical expenses in cases such as daycare procedures & routine check-ups. At the cost of a small premium every year, you can protect yourself and your family from huge financial losses in the time of a medical emergency. Some of the reasons on why you should buy health insurance :
- Protection against rising medical expenses. Even the simplest medical procedures can cost lakhs. When you have a health insurance policy, the insurer will pay the medical bills.
- Access to preventive services such as annual health checkup at no cost. This would in turn help improve lifestyle and increase awareness on do’s and don’t’s in order to maintain a well-balanced life.
- Benefit of Tax Savings. Most health insurance policies can be used as a tax-saving tool. You can claim tax deductions up to Rs. 25,000 or more depending on the policy you choose which can definitely serve as an added benefit.
- Inexpensive health insurance plans. For a nominal premium, one can save themselves from huge financial liability during medical emergencies. There are a variety of health insurance plans but even the one with the highest coverage will cost you less than an outpatient procedure at a hospital.
There are a number of health insurance products being offered by various general insurance and stand-alone health insurance companies. These products can be broadly categorized into the following types.
- Individual Health Policy
- Family Floater Policy
- Group Mediclaim Insurance
- Critical Illness Cover
At Saferisk, we have a dedicated team of health underwriters who would assist you in designing the policy as per your need keeping in mind the premium and the coverages. Not only that, during times of distress, our team comprising of claims specialists would take care of the claims processing and coordination with TPA and hospital while you take care of yourself and the loved ones.