A health insurance policy is an assurance that provides immediate financial help in case any medical emergency arises. The purpose of the term health insurance is to provide financial support to your family during the medical emergency period. The insurance company is regulated by an IRA.
BENEFITS OF HEALTH INSURANCE:
- Covers hospitalization expenses
- Covers pre and post-hospitalization expenses
- Covers daycare procedure
- Covers domiciliary treatments
- Covers alternative treatments
- Covers annual health check-ups
- Offers add-on cover for critical illness
- Offers cash-less treatment
- Reimburses ambulance charges
Here are some of the important points to notice before buying the health insurance:
- Go through the network hospitals of the particular insurance company ( so that you can admit in the hospital network to the insurance company and so that they will directly pay the bill of the hospital or else you have to do reimbursement)
- Check the percentage of no claim bonus of the company ( If you have bought 5 laks of insurance, it is a sum assured . So if you have not used it after one year the company has to give some percentage of no claim bonus to your amount)
- Check the percentage of claim settlement ratio of the company ( percentage should range from 97 to 98%)
- Check the room rent camping of the company ( Select the insurance company which has no room rent camping and we can choose any type of room as we wish)
WAITING PERIOD OF HEALTH INSURANCE
- 30 days waiting period
- Specific illness disease( 1 to 2 years)
- Pre-existing disease ( 2 to 4 years)
You can buy the insurance directly from the insurance company's website or if you want to compare between two companies, you can buy through Policy Bazar.
NOTE: Disclose all the problems you have before buying the insurance so that they can't get the reason to reject.
SUGGESTING HEALTH INSURANCE COMPANY
NAVY HEALTH INSURANCE
WHY WE ARE SUGGESTING NAVY HEALTH INSURANCE?
Because Navy health insurance does not have many complications. They have only one plan and here there are no restrictions like room rent camping, etc. Compared to other life insurance companies, the Navy provides less premium.
HOW TO BUY NAVY HEALTH INSURANCE
- Open the website through the link https://g.navi.com/1KjtkV
- Go through the interface page click health insurance check the required information and check the nearby hospitals under Navy
- Click Buy health insurance and fill in the required details
- After filling in the details pay the amount and give the Adhar number. You can pay these amounts all at once or monthly or weekly as you are comfortable.
If you are not satisfied with the company you can port it which means you can withdraw back.
Don't forget these points before buying health insurance.
CONCLUSION
Health insurance is not just a safety net; it's a strategic financial investment in your well-being. It provides protection for your family safeguards your savings, offers tax benefits, and extends coverage to various health-related needs.
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health insurance