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Health Insurance

Health Problems can strike at you at any time without notice.
Are you prepared for such Unanticipated Short Notice?

Why Health Insurance is Important? 

  1. Health Insurance is a CLIP that keeps your lifestyle intact. Medi-claim is said to be the KING of Emergency times. It is hand that protects your hard earned money during emergencies.
  2. What best example can be given in the time of Corona spreading all around, Where families had to sell valuables, Jewels, Properties, Lands and so on to settle their hospital bills. Where many took personal loans to clear the hospital bills and have to pay the debts for 10 long years.  All of us would have read several stories in newspapers. It is high time to protect your hard earned assets. Preserve Savings for other life goals like retirement and Child’s future, while enjoying cashless treatment.
  3. It not only saves money and valuables or keeps you away from debt but also avoid heavy panic created during emergency times. Imagine when your loved one is in ICU and you have to run all the way to medical for buying medicines for high amount (say for e.g., emergency injection for surgery cost from Rs 25000 to Rs 50000 and more) and you need to wait in the queue then use debit card / credit card and run back to ICU if you do not have health insurance. But what if you have health insurance for your family, all this is done directly by hospital staffs. You can Emotionally and Physically be present with your loved one (the patient) which is most required to give emotional strength to patient. This is possible because health insurance gives cash-less claim benefit.
  4. It is also gives Tax Benefits under section 80D of Income Tax Act, 1961. All the premiums paid for health insurance plans not only for your family but also for your parents are deductible from taxable income. The upper limit for this deductible amount for individual is Rs 25,000/- and for senior citizens is Rs 50,000/- (w.e.f 1st April 2018) . It enables an you to claim Rs 75,000/- for your family and parents. In case where both proposer and his parents both are senior citizens then one can enjoy up to Rs 100,000/- (Rs 50,000/- for self + Rs 50,000/- for parents) from taxable income.
  5. Beat the rising cost by protecting yourself from inflation and access top-quality healthcare without financial stress. You can get expensive and quality treatment without worrying of the cost because your Health is Wealth.
  6. Secure your future by start investing early to ensure lower premiums and no pre-existing condition waiting period and comprehensive coverage. Once you get any metabolic syndrome then you may have to get health insurance with higher premium or with conditions as insurers decides.

Have you “Sharpened” your awareness on Health Insurance by exploring modern plans?

Tips for Buying Health Insurance

Here are some checklist for you to check in health insurance policy before you purchase. You can also check these in your existing Policy Document to review it.

  1. Policy Exclusions
  2. Waiting Period
  3. Pre existing Disease Clauses
  4. Consumables
  5. Co-payment Clause
  6. Bonus Conditions
  7. Full declaration in proposals
  8. Optional Benefits areas
  9. Network Hospital in your area
  10. Medical check up requirements
  11. Restoration and Recharge Terms
  12. Is Coverage comprehensive?
  13. Claim Process
  14. Claim Settlement Ratio

To check more options and better health insurance plan that suits you and your family, get in touch with us.