Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Health insurance benefits and coverage

By Chris Luke Subscribe to RSS | April 24th 2012 | Views:

In an uncertain environment and with increasing medical expenses, buying health insurance is a must for all Indians. Are you scared to pay hefty medical bills to treat a sudden illness, injury or hospitalization? It would definitely disturb your finances! Instead with a health insurance policy to your name, you would be able to manage any sudden medical bills and settle the hospital expenses without disturbing your personal finances. With different kinds of health insurance policies available in the Indian insurance segment, the choice is yours. Mediclaim policies by general insurance companies, hospitalization cash policy by life insurers and critical illness plans by life insurers, are three of the categories of medical insurance available in India.

Health insurance coverage and benefits

• Cashless hospitalization is generally offered by all insurers through their medical insurance policies

• Ambulance charges are covered up to an amount of Rs.1000

• Pre- and post-hospitalization expenses (30 days before hospitalization and 60 days after hospitalization) are included in the policy

• Day care expenses like dialysis, chemotherapy and radiotherapy are covered

• Many medical insurance policies cover ICU charges, surgeon fees, doctor’s consultation charges, anesthetist’s charges, surgical materials and other diagnostic costs

• Room and boarding costs are covered up to certain limits as per the policy

Tips to buy a health insurance

Here are some of the points that you can consider before buying a health insurance policy that suits you.

• Reading the policy details, exclusions, inclusions, coverage, and the limitations before buying any policy is a must.

• If you want to buy a critical illness policy, keeping a track of what illnesses are covered under the policy would help you make the right decision.

• Note down the number of hospitals that are covered by the insurer through their network.

Availing tax benefits

Health insurance products offer some exciting tax benefits to the policy holder. Tax benefits come under the income tax act 1961, section 80 D. Premium under the health insurance policy holds tax deduction up to Rs.15,000 for your dependent children and spouse. For your parents, another claim can be made of Rs.15,000. The deductions can be up to Rs.20,000 for senior citizens of the age 65 years of above.

By studying all different types, you can find out which one is the best health insurance that suits you requirements. From individual medical insurance to group insurance, the policies are categorized in many types. If you want to save some cash towards medical insurance, buying them online would do the trick. Buying a policy at discounted rates is possible through online portals of the insurers or agents.

Health insurance policies are a boon for all Indians, securing life at the earliest would reduce the future worries. Spending money, all of a sudden, on illness or health issues will spoil your finances. With a rise in diseases and seasonal illness in India, the residents have understood the importance of investing in health insurance and life insurance policies. Today, health insurance is not a luxury, but a necessity!

Chris Luke - About Author:
Chris suggests that health insurance plans are a must in India because of the unexpected change in climatic conditions and other factors. Chris highly recommends AEGON Religare Life Insurance for affordable health plans and great customer support service. For more information about them, visit website

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Insurance Articles Subscribe to RSS

Importance of insurance coverage while comparing car insurance
Published by Geenadavis on April 21st 2012 | Insurance
You might be paying huge amount of money for your car insurance and now you have realized the truth ...
Obtain the exact type of coverage through business insurance plan
Published by Andrew Edwards on April 14th 2012 | Insurance
As a business owner it is your responsibility to look into the plans suitable for your company...
Eligibilities for Classic car insurance
Published by Ashish Pandey on February 2nd 2012 | Finance
In order to get classic car insurance, you should ensure that your car is eligible for it or not. He...
Buying term insurance online - a way to save premiums
Published by Chris Luke on April 26th 2012 | Insurance
Term insurance is a commonly purchased policy in current times as it is the most suitable plan that ...
Save your property through Landlords insurance
Published by Ashish Pandey on February 3rd 2012 | Finance
Having landlords insurance can be very advantageous for all the landlords and can protect the proper...
Commercial insurance quotes: preliminary walk towards sheltered business
Published by Andrew Edwards on January 18th 2012 | Insurance
The term quotes meant a lot to us, quotes are thoughts shared by legendary people...
Say no to restriction imposed by cheap classic car insurance lenders
Published by Anneshirley on April 12th 2012 | Insurance
Classic car are the heritage cars, so if you own one then you are the lucky person on earth. It is a...
Auto insurance at its best in Michigan
Published by Autoinsurances on March 6th 2012 | Insurance
It is illegal to drive uninsured vehicles on Michigan roads. Michigan is also regarded as the no-fa...
Clarion Event liability insurance covers host of resources
Published by Michel Jordan on February 1st 2012 | Insurance
The article describes the public liability insurance for musicians offered by Clarion Associates to ...
Take backpacker insurance seriously while planning to travel overseas
Published by Herry Smith on January 23rd 2012 | Insurance
Backpacker travel insurance provides you the security level so that you can enjoy your holidays with...
Extraordinary advantages of winter sports insurance for sports enthusiasts
Published by Marry James on February 27th 2012 | Insurance
It is so surprising to know that there is insurance for anything and everything in this world. Thoug...
Tips that can help in getting cheap van insurance
Published by Gregorypeck on February 28th 2012 | Insurance
Previously the use of van was very limited but now people of different professions use it. Buying a ...
Getting best deals on cheap auto insurance in Nevada
Published by Alabamaauto Insurances on January 17th 2012 | Finance
There are hundreds of resources that can help you to win that much desired cheap auto insurance in N...
Finding the right life insurance online
Published by Chris Luke on March 21st 2012 | Insurance
This article gives detailed explanation for the need of selecting a right life insurance company or ...
Cheap Home insurance quotation, Flood home insurance at Barn insurance
Published by Barn Insurance on January 12th 2012 | Insurance
Barn insurance covers against damages caused by natural disasters or people. It provides you all the...
Think about commercial insurance before startup
Published by Andrew Edwards on May 12th 2012 | Insurance
You really think commercial insurance has some significance while running business...
Dental insurance plans
Published by Lessardcasey on January 13th 2012 | Insurance
Most people have experienced the unpleasant feeling of a cavity or other nagging tooth problems. How...
Simplest method of finding commercial insurance quotes
Published by Andrew Edwards on May 16th 2012 | Insurance
Looking for commercial insurance but not getting satisfactory response from companies...
Getting the best Georgia auto insurance
Published by Auto Insurances on January 17th 2012 | Finance
As the state of Georgia is very notorious for having a big number of car accidents and also incident...
Individual medical health insurance
Published by Lessardcasey on November 30th 2011 | Insurance
Individual medical health insurance is something that every man and woman should have, unless they a...