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Health Insurance Plans - Buy health insurance in India at an affordable price. HDFC Life plans cover critical illness expenses, surgical costs, hospital bills, etc.
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Health Insurance Health insurance provides coverage for medical expenses arising from illness. When individuals enroll in this health insurance plan, they gain financial protection during medical emergencies, avoiding out-of-pocket expenses and mitigating high costs. These health insurance plans ensure extensive coverage at reasonable prices.
What is Health Insurance? Health insurance can be described as a product that covers both medical and surgical costs of a policyholder. For instance, if an individual has been hospitalised due to an injury, illness or accident, they are reimbursed for the expenses incurred. However, it is important to understand that an insurance company extends these services to policyholders who pay the sum insured or premium at regular intervals. Any failure to do so can lead to the suspension or cancellation of the policy.
Benefits of Health Insurance Plan Covers OPD-related expenses: Health insurance plans cover all the expenses related to minor and major medical concerns, including consultations with the doctor, expenses at the pharmacy as well as diagnostic tests. Takes care of pre and post-hospitalisation: As mentioned above, health insurance plans cover medical costs incurred both before and post-hospitalisation.
Benefits of Health Insurance Plan Covers pre-existing illnesses: If you sign up for health insurance, pre-existing diseases will also be covered once the waiting period has been completed. Extends cashless treatment: This is one of the biggest features of health insurance policies, since the individual doesn’t have to arrange cash to pay hospital bills. The insurance company will pay it directly to the hospital.
Why should you Buy Health Insurance at an Early Age? Lower premiums: The younger you are, the lower premiums you pay. As you grow older, you have to pay a higher sum to get coverage. Avoiding the waiting period: Most insurance policies have a 2-4 year waiting period for pre-existing illnesses. If you buy a health insurance policy at an early age, you can escape this situation. Tax benefits: You can claim deduction on the premium paid towards your insurance policy under Section 80D of the Income Tax Act. Financial security: Buying a health insurance policy helps with financial security in the case of medical emergencies.
