Health insurance definition is the coverage an insurance company provides for a regular premium you pay. The insurance plan covers medical services such as consultation, hospitalisation, surgeries, nursing, ambulance, etc. It also bears the prescription medicine, pre and post-hospitalisation expenses etc. Medical emergencies can drain your savings without proper planning.
Health insurance lets you know that you can manage treatment costs without financial stress. With medical expenses soaring high, medical insurance is a valuable addition to your financial planning that ensures your financial as well as overall well-being.
Covers in-hospitalisation and pre/post-hospitalisation expenses up to a set limit.
Provides coverage for treatments taken at home and daycare procedures.
Tax savings for the premium paid towards the policy.
Enhance your policy with add-ons like critical illness cover, hospital cash, and more.
Restores your sum insured if exhausted during the policy year.
Compensation in case of income loss due to accidental disability.