How to get your health insured?

The changing lifestyle brings with itself a lot of minor and major health issues too and these health issues can affectively affect your monthly budget. So, why not get a health insurance done?

WHAT IS HEALTH INSURANCE?

Health insurance is the type of insurance that covers your medical expenses. Insurance against loss by illness or bodily injury. Depending on the type of health insurance coverage you opt for, either you pay costs out of pocket and then it is reimbursed, or the insurer pays the provider directly.

Like other policies, a health insurance is a contact between the insurer and insured person in which the insurer provides specific health insurance cover at a particular premium subject to terms and conditions specified in the policy.

HEALTH INSURANCE: HEALTH IS THE REAL WEALTH

Because never in your life you can be certain of what’s coming next. Health is greatest blessing and the greatest wealth. Take the best possible care of it and for that there is no better way than securing it with a health insurance plan because when you have a health insurance plan, then you are more likely to get routine check-ups and preventive care, which help you stay healthy and saves medical costs in the long run.

Therefore, buying a health insurance is a smart way to manage your expenses that happen due ailments, hospitalizations and other medical emergencies. Expensive treatments may be beyond the reach of many, but you should not compromise on your and your family’s health; that too when you have such an affordable option like health insurance.

BENEFITS OF HEALTH INSURANCE

Having a health plan helps maintain and even improve the health of you and your family. Apart from ensuring wellness, health plans has couple of other benefits too. Some of them are listed below:

• Health plans are affordable you can even choose your cover and manage your premium.
• Health Insurance policies are great measures to save tax.
• Cover all your medical expenses that includes hospitalization, prescription drugs, laboratory service, oral and vision care and many more services.
• Cashless facilities.
• Insurance companies also offer Add-ons and top-ups over the policy you buy.

THINGS TO KNOW ABOUT HEALTH INSURANCE BEFORE BUYING

There are several things you must know before buying a health insurance plan. Some of them are:

• Policy Cover: Evaluate your requirements, age groups of family, the policy amount, hospitals under the insurance company, etc. Read the offer document carefully, read the policy and all its points.
• Age limit: Know the entry age and maximum age considered by health insurance companies. It is always advisable to get yourself insured at an early age.
• Sum Insured: Sum insured is important as it is the value you agree to pay for covering your family and yourself.
• Cashless Claims& Network hospitals: Cashless facility is now common, but each health insurance company have their network hospitals at which it is accepted and is valid. Know those hospitals beforehand.
• Pre-existing Diseases: A disease that is pre-existent in the insured, then the companies does not accept the claim of the same immediately. Compare and check for health insurance that can offer least no. of years of waiting period.
• Critical Illness: There’s another insurance for critical illness. Just don’t confuse it with a general health insurance.
• Claim Settlement: There’s always a provision to settle a claim. Seldom people go about the process when buying a health insurance, but it would be wise if you do so at that very point in time.

Take an unbiased approach and advice, whenever you plan to a health insurance. Secure your family future with L&T Insurance and gift them a gift of happiness. The insurance advisors research the market and recommend the best suitable plan for you.

Make a wise decision with L&T Insurance.