If hospitalisation is necessary, your finances can take a severe beating with increasing cost of health care facilities. It thus becomes important to secure yourself and your loved ones health with a health insurance policy. With a health insurance policy, you are well prepared to face any crises as the policy offers coverage towards several health conditions. Health insurance policies also cover hospital charges to a certain extent which helps reduce the worry of draining your finances when faced with a medical crisis.
When looking to buy a health insurance policy, it is extremely important to select one which best matches your requirements and budget. A thorough knowledge of these crucial factors will be crucial in helping you purchase the correct health insurance. These factors are extremely vital if you wish to buy a low cost health insurance so that you get value for your investment in terms of monetary relief as well as quality health care for yourself and your loved ones.
It would be wise to select a health insurance plan like the ICICI Lombard Complete Health Insurance plan offered by ICICI Lombard. With this policy you have the option of insuring a maximum of 5 family members (2 adults, 3 children) with a single health cover. With the insurance provider’s network of 4000+ premium health care providers where you can avail of the cashless claims facility as well. Another essential benefit of this policy is the option to customise the premium as per your budget and convenience. This flexibility further increases the monetary benefit offered by your floater health insurance cover. With this health insurance you can opt for a bigger sum insured (up to Rs. 10 Lakh). According to the policy conditions, one or more members insured can use the entire sum insured till the policy period expires. Hence, with convenience, you can secure your family’s health and provide the best possible health care in crises.
This low cost health insurance policy also offers tax savings as dictated by Section 80D of the Income Tax Act 1961. The tax benefit is for premium paid towards medical insurance and goes to the person paying the premium. You therefore maximise your savings when opting for such comprehensive health insurance policies. Taking all these benefits in consideration, securing your and your family’s health is now easy and cost-effective.