Health Insurance
Health insurance is a type of insurance that covers medical expenses that arise due to an illness. These expenses could be related to hospitalisation costs, cost of medicines or doctor consultation fees.
The main purpose of medical insurance is to receive the best medical care without any strain on your finances. Health insurance plans offer protection against high medical costs. It covers hospitalization expenses, day care procedures, domiciliary expenses, and ambulance charges, besides many others.
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There are two main types of health insurance: private and public, or government. There are also a few other, more specific types. The following sections will look at each of these in more detail.
Purchasing health insurance online is undoubtedly the better option. It is convenient, timesaving and transparent, involves no paperwork, ensures a lower premium, and makes it easy to compare policies. This way, you get the best deal too.18-Feb-2022
Yes, it’s that simple! Security – Buying health insurance online is completely safe, provided you buy it from a leading and trustworthy insurance company. Reputed insurance companies like Bajaj Allianz, rely on secured connections and encryptions to shield customers from any form of cyber frauds.
A health insurance plan can offer you large financial coverage that can cover the costs of treatment in India as well as abroad. It also covers hospitalization costs, diagnosis costs, ambulance and medicine expenses, and provides the ease of instant payouts for greater financial flexibility.
Health insurance plan is a contract between an insurer and the policyholder. The policyholder pays a premium to the insurance company, in return the insurer pays for the medical expenses incurred – like hospitalisation, day care, post and pre hospitalisation etc. – by the insured.