To avoid such worries, it is best to buy a good health insurance plan. Health insurance may offers coverage for hospitalisation or medical expenses incurred as a result of an ailment or accidental injury.
One of the major benefits of purchasing a health insurance cover is the tax benefit. According to Section 80D of the Income Tax Act, the investment made for payment of your health insurance premium makes you eligible for rebate on your taxable income to a certain limit. If you are insuring your family, then you can save up to Rs. 15,000 per year on your taxable income. You can get an additional Rs. 15,000 of rebate if you are covering parents or Rs. 20,000 if parents are senior citizens (aged 65 years or more).
When buying health insurance it is better to opt for a comprehensive health insurance cover as it offers wider coverage. It would be beneficial if you consider ICICI health insurance like coverages under ICICI Lombard complete health insurance. Not just that, you can also customise this policy to cover your entire family (up to five family members) under its floater option. Thus, purchasing a single policy of this ICICI Lombard health cover, you can secure the health of your family members.
This insurance cover offers cashless claims feature which takes away all worries pertaining to hospital bills. ICICI Lombard has tie up with premium health care providers across the country, which makes locating one near you extremely convenient. All hospitalisation expenses incurred at these network hospitals are settled by the insurance company so that you do not have to stress about arranging for funds.
Another important aspect to note with this health insurance cover is the zero co-payment policy structure. co-payment is the amount which the insured agrees to pay for any ailment, medical expense or service covered by your insurance policy. Therefore, you do not need to shoulder even a fraction of the bill. This ICICI Lombard health plan also does not have any sub-limit for any medical expense covered by the policy. A sub-limit is the restriction on the sum insured for any treatment, service or disease covered by your policy. You can therefore make claims on the complete sum insured of your insurance cover and avail of best possible treatment for yourself or your loved ones.
Thus, buying ICICI health insurance will not only enhance your savings but also offer optimal health care when you need it the most.
Disclaimer - The article contains only an indication of the cover offered. For complete details on coverage, terms, conditions and exclusions, please read the sales brochure carefully before concluding a sale. This article is brought to you by ICICI Lombard General Insurance Company Limited. Insurance is the subject matter of solicitation.
IRDA Reg. No. 115
Toll Free No: 1800 2666
Job Code: EC012511MI
Product Code: Misc. 128