Terms of Health Insurance

• Individual Health Insurance Plan: Designed to cover an individual against various illnesses with cashless hospitalization and other add-on features.
• Family Floater Insurance Plan: Covers all family members against diseases under a single policy.
• Surgery and Critical Illness Insurance Policy: Provides coverage for serious illnesses like cancer, kidney failure, heart attack, paralysis, either as a standalone policy or as a rider.
• Senior Citizen Health Insurance Plan: Offers protection from health issues during old age, covering individuals up to the age of 65 years.
• Preventive Healthcare: Includes regular check-ups, consultation charges, and other preventive care treatments to monitor health at timely intervals.

Five Major Reasons for Getting Health Insurance

1. Changing Lifestyle: Modern lifestyles have increased the risk of health disorders due to factors like commuting, work schedules, poor eating habits, and pollution.
2. Rising Medical Costs: Escalating medical expenses often deplete savings, emphasizing the need for financial protection through health insurance.
3. Income Tax Benefit: Premiums paid towards health insurance are eligible for tax deductions under Section 80D of the Indian Income Tax Act.
4. Coverage of Pre and Post Hospitalisation Expenses: Health insurance policies cover not only hospitalization costs but also pre and post-hospitalization expenses, including OPD and diagnostic tests.
5. Additional Benefits: Health insurance offers benefits such as ambulance coverage, day-care surgery coverage, health check-up, and vaccination expenses.