Best health insurance india policy

Tips on How to Find the Best Health Insurance India Policy It is vital to get health insurance, given the fact that people are succumbing to illnesses more often than before, despite the availability of advanced medical treatment. Health problems arise largely due to lifestyle habits and surprisingly it is young people who are falling prey to them. Having health insurance protects you and your family against sudden medical bills, which are difficult to cope.

Protection offered by health insurance?

There are many health insurance India companies that offer different types of policies. In order to get the best policy, you need to find a company that offers insurance with 360 degree protection. Only then can you manage the heavy expenses arising from medical bills. It is not enough to have compensation for hospitalization and medical treatment alone.

The policy must pay for other expenses that are likely to occur

when you are getting treated. Here is a look at what kind of protection a good health insurance policy will offer: Pre And Post Hospitalization Charges Domiciliary Hospitalization Expenses Dental Emergency Treatment Expenses For Accompanying Person Day Care Expenses Home Nursing These are some of the important coverage offered by heath insurance and there are many more. A good policy will provide many add-on benefits that you can opt to get more protection. It is best to take a floater policy because it provides coverage for you, your spouse and two dependent children. Heath insurance policy coverage is applicable for only a year, after which the policy has to be renewed. When you renew the policy without fail, the no claim bonus can be availed and this reduces the annual premium cost.

Even if you are earning well or have provision from the employer for medical bills, you still need to take up health insurance. Using existing cash reserves can prove to be difficult in the long term, especially when you are struck with a severe

accident or critical illness. An employer can pay as long as you are in their company. If you shift to another one, you need to take a policy to meet sudden medical expenses.

How to apply for the policy?

Applying for health insurance is easy with online application facility. No medical test is required upto 45 years of age. Just fill the online quote and consider the premium you have to pay annually. Fill the proposal form and submit it. The policy documents can be downloaded or sent to you by post or email.

You can also pay premiums online using a debit card, credit card or net banking online transfer.

Health Insurance – A Tax Investment Option If you are looking for a means of reducing tax burden, buying health insurance is a good option. In fact, many auditors advise their clients that it is a good tax saving investment. You can save tax expenses under Section 80D of the Income Tax Act.