A health insurance has become very important in today’s world, especially with the growing number of variables that might be a cause for concern. Thus, insure health of your entire family and keep your worries aside.Before you insure health of yourself and your entire family, take time off to compare the policies of every reputed insurance company. This will give you an idea as to which health insurance plan suits your budget plus helps you avail the maximum benefits. Few of the benefits of health insurance plans are as follows:
Policies that have a large network of hospitals make life easier for the individual. Cashless hospitalization services save you from the burden of paying for expensive treatments upfront. Cashless facility allows you to avail treatments as you are already covered under insurance.
Insurance companies provide you with different schemes when you insure your entire family. A coupon for a free health check up is one such scheme, which is provided to any one insured member of the family.
Some policies also offer incentives for old aged individuals. For example, no prior check up is required for people up to the age of 55 years (as per the last birthday).
In cases of policies without su there are no limits on individual charges such as doctor fees, room rent or hospitalization charges as long as the total is within the insured amount. Only on certain diseases such as cataract, there can be exceptions.
Terrorist activities also cause loss to life and property. Policies also offer compensation on hospitalisation expenses due to terrorist attacks.
In order to encourage people to take up heath insurance the government has provided exemptions under Section 80D (Income tax act). This not only provides you tax benefits but also safeguards you against unwanted financial burdens.
You can check the eligibility criteria to know how you can insure health for the entire family. Here are few terms and conditions that can be kept in mind:
- You have to be above the age of 18 years to qualify as the proposer (the person who is buying the insurance).
- Tax benefits can be claimed only if you insure health of either the spouse, parents, children or self.
- To insure health for members above 56 years, a medical check-up is required at the insurance company specified health centres.
In today’s times, saving money on expenses is a wise decision that everyone adopts. The money spent to insure health of your entire family can be shown as an investment. This in turn helps claim tax payments. Investments to insure health is beneficial in the long run. Apart from saving tax, it also keeps you safe.
To insure health
is not only an investment but also a step towards bettering your future. With an investment such as your life, you not only assure yourself piece of mind but also provide an umbrella for your family. Therefore, to insure health
is a benefit that saves you tax and takes care of your expenses as well.