Main features

Health Insurance Policy is an assurance that provides immediate financial help in case when any medical emergency arises. It is a contract between a policyholder and the insurer company which covers medical expenses that might occur due to illness, injury, or accident.

There are two ways by which insurance company compensate for your medical expenses:

• Cashless treatment

• Reimbursement

Importance of medical insurance:

• It facilitates you to get superior medical treatment without any worry of high medical costs.

• It offers specialized coverage for critical illness.

• It covers road emergencies.

• It offers an affordable premium for youngsters.

• It protects your savings during medical emergencies.

• Provides tax benefits U/S 80D.

Types of Health Insurances:

• Individual Health Insurance

• Family Floater Life Insurance (includes a coverage for the whole family)

• Senior Citizen Health Insurance

• Critical Illness Insurance

• Group Health Insurance