Get Yourself Covered This Monsoon...

Hello friends, its monsoon!!! - the season of enjoyment & excitement - my favourite season and I believe its yours too!!! In this season we love to eat street food like a hot plate of kanda bhaji or a spicy plate of Pav bhaji....sounds yummy, right!!!! I am sure, many of my friends must have also planned long drive trips and trekking. 

However, along with the change of weather we see many illnesses cropping up...Some might be just as benign as runny nose but some might turn out to be little more nasty. Are you financially ready to tackle the nasty ones ??? If the answer is NO then it’s time for you to buy a “Health Insurance ”. Its like get yourself and your loved ones covered...

Why should I buy a Health Insurance ???

No one plans to fall sick or come across an accident, but did you realize that we might require medical care at such times?? We all need health insurance because one cannot predict the total  cost of our medical bills.  It protects you and your family financially in the event of an unexpected serious illness or injury that could be very expensive at these times. Chain ki nind chahahte ho to Health Insurance ke bare me jaan lo...

There are basically two types of Health Insurance plans...

I] Mediclaim Insurance Plans 

Mediclaim plans covers the cost of hospitalisation incurred . In simple words you get your reimbursement against the expenses made towards hospitalization .

Do keep in following points  in mind while buying a mediclaim plan 

• Go for a Floater policy- Under this scheme the sum insured can be availed by any or all the members of his /her family for one or more claims during the tenure of the policy.
• Check for cashless facilities – These are available with major insurance companies. So insist on a cashless card.
• Pre and post hospitalisation expenses are also covered -do make inquiries!!
• In case of any pre-existing illness, you can declare and get them covered too (*duration varies across companies’ – approx.  4 years)

II] Critical Illness Insurance Plans

These plans cover specific life threatening diseases such as Cancer, Kidney failure, Coronary Artery (Bypass) Surgery, Heart Attack , Heart Valve Surgery, Major Organ Transplantation etc. Here the claim is made on Sum insured chosen by the customer and not on actual expenses incurred in the hospital (medical bills not required).

One must get adequate health insurance cover for self and family even before starting to save for one's goals. As you get older, not only does your premium increases, but you also stand a chance of being denied a health cover by the insurance company. What's more, the premium paid for health insurance gives you a tax benefit U/s 80D of Income Tax Act.

WE DO BUY/RENEW OUR VEHICLE INSURANCE, THEN WHY NOT A HEALTH INSURANCE ???......... Do give a second thought and Just do it!!!