Health Insurance: What is a health insurance plan?

Health insurance is a type of insurance plan in which the insured gets financial assistance in medical emergencies.

Provides financial assistance to cover expenses such as surgical expenses, nursing care expenses, critical illness expenses, etc., in the chosen health insurance of the insured.

• The insurer provides all savings as per the IRDAI-approved insurance plan. Standard T&C Apply

• *Tax benefit is subject to changes in tax laws. Standard T&C Apply

What is health insurance plan?

In a health insurance plan, the insured gets financial help in case of medical emergencies under the insurance coverage purchased from the insurance company of his choice. This insurance company provides coverage to the insured during medical treatment. Under a health insurance plan, the insured benefits from cashless medical or reimbursement payments.

Also Read: Top Maternity Insurance Plans

Importance of health insurance plans

The situation of doing or getting the treatment done does not come by telling. Due to the fatal risks involved in today’s lifestyle, having a health insurance plan has become imperative. Besides, diseases in India are also high due to many factors. Due to the increasing demand for hospitals and medical services, inflation is also being seen in the cost of medical treatment; And this scene is mostly seen in private hospitals. Without any insurance plan, your pocket can be affected in case of any medical emergency.

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Disclaimer: *PolicyBazaar does not endorse, rate or recommend any particular insurance product offered by any insurer.