Health complications not only cause panic but at times may also result in loss of finances if treatment requires hospitalization. The large hospitalisation bills need to be settled and your savings at such times can take a major hit. If the lone earning member of the family falls ill, the family is likely to undergo stress sudden rise in expenditure will surely affect savings. All these emergencies can be avoided if you procure a care health policy.
The main advantage offered by health policy in India is the extensive medical coverage. Before you select a particular health insurance plan it is extremely important to gain adequate information about the extent of coverage offered. You also need to check if the plan allows you to include different add-on covers to further enhance the policy benefits.
Personal Protect plan developed by ICICI Lombard can be easily purchased and offers sufficient coverage for injuries due to different accidents. This policy offers numerous benefits and must be considered to ensure the health of the sole earning-member of the family. Moreover, the policy structure can be easily customised with the inclusion of different add-on covers.
Individuals can select a minimum of Rs 3 Lakhs to a maximum of Rs 25 Lakhs sum insured, according to their requirement and budget constraints. Injuries caused by road, rail accidents, accidents due to natural calamities and arising out of terrorism or terrorist acts are all covered under this policy. This insurance policy offers compensation for medical expenses borne by the insured individual and helps to save sudden loss of finances.
Such a personal care health policy also includes Accidental Death cover in this policy plan. In case the insured individual dies within the policy period, the nominee (mentioned in the policy) is eligible to receive compensation of the sum insured. This compensation is sure to help the family of the deceased cope with the untimely loss and also maintain financial stability.
Another noteworthy feature of this policy is the Permanent Total Disablement (PTD) which offers coverage against permanent and total loss of limbs, sight etc. due to an accident. The compensation offered by this insurance plan greatly helps to reduce the financial burden on the family of the injured individual. If the severity of the injuries makes the insured individual incapable of employment, then the complete sum insured is paid to the insured individual.
Purchase of this personal health policy in India can be accomplished with just a few clicks of the mouse, thanks to the online feature. You can opt for the EMI* payment mode to enhance convenience and ensure yourself against a variety of unforeseen events.
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. ICICI Lombard General Insurance Company Limited. Insurance is the subject matter of solicitation. IRDA Reg. No. 115. *EMI facility is offered by ICICI Bank at its sole discretion to its customers and ICICI Lombard General Insurance Company is neither responsible nor liable for this facility.
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