Is unforeseen illness washing away all your savings? Private health insurance provides you
the coverage of all medical expenses as per your needs, irrespective of the
family size and seriousness of the disease.
Health care in our
country is sternly
underfunded. Neither the common people nor the Government holds the financial capacity to pay for superior
quality medical treatment. In this condition, privately owned health insurance companies are
widely accepted in the market and they
are also playing a vital role in fulfilling the medical care funding shortfalls. But the health insurance sector is
still hindered by limiting regulations and outdated business models. Besides, despite of the booming private health insurance companies, only 3 % (approximately) of the
Indian population is covered and many customers stay unaware of the benefits of
these medical insurance companies. However, the market is likely to grow more
competitiveness as well as popularity in the recent future, as increasing
figures of foreign companies are interested in joint-venturing with Indian
partners.
There are several health guard policies and medical coverage
plans to suit everyone. Be it a nuclear family or joint family; be it for critical
illness; personal accident or maternity need, these health insurance offers an
array of packages to cover all you medical needs. Some of them are:
Senior citizen
cover
Why health insurance is so hard to get when our elders
need it the most? A mass of Indian senior citizen are not capable to access a
quality medical care because of lack of sufficient insurance coverage.
Diabetic cover
According to International Diabetes Federation, nearly 40
million people in India are suffering from diabetes in India and this figure will
rise to approximately 70 million by 2025. Diabetes may also lead to lead to critical
heart disease, kidney damage, stroke and adult blindness.
Maternity pack
The delight of motherhood
is unmatchable. But often, the medical expenses that you have to bear during
maternity subdue your happiness. So it is essential to make sure that you have
an effectual heath insurance plan to cover all the expenses.
Top – up cover
Top-Up Covers supplement your existing medical insurance,
and comes in when the existing health insurance policy ends. For e.g. if you
have a top up cover of Rs 9 Lakhs with additional Rs 2 Lakhs, you can use this
plan if your claims are greater than 2 Lakhs.
