What Is Health Insurance? | Benefits Of Health Insurance???
            What Is Health Insurance?
  • Health Insurance is a type of coverage which pays the medical expenses incurred by the insured person.
  • It protects individuals from high surgical costs, emergency,medical expenses,e.t.c
  • The premiums of Health Insurance are deductive to the payer,but the benefits which are received is tax-free.
         Benefits Of Health Insurance?
  • Coverage Of Medical Expenses : 
              In case of high costs due to some critical illness,the insured person need not worry about the finances.The insurance take care of everything according to the chosen plan.
  • Tax Benefits :
              The payments which are made towards Health Insurance are eligible by tax deductions under section 80D of income tax act.
  • Some Additional Benefits :
              The insured person can also enjoy benefits such as ambulance coverage,health check-up coverage,e.t.c

       Health Insurance is a tool that can help in such circumstances.Health Insurance is fast emerging as an alternate source of financing health cure costs.Absence of Health Insurance can result in high medical bills in the event of hospitalization due to illness of injury.Therefore,it has been become an important financial tool.

 Need for Health Insurance??

    Medical costs are rising each year.Thus for an individual who does not save enough money,arranging for funds during an emergency be a task.
                                    One way to provide for medical emergencies is by taking Health Insurance.It offers considerable flexibility for example,certain Health Insurance plan cover as many as 30 critical illnesses & over so surgical procedures.The policy continues even after the benefit payment on selected illnesses.
         

     I hope that, now You have an idea of what is Health Insurance is and why it's so vital for all of us these days.It helps you stay stress free and available the best health care facilities other than just providing you with financial cover,a Health Insurance also saves you taxes!!

Are You Taking Care Of Yourself???