Medical Insurance Plans For a Safe and Secured Healthy Life

As the proverb says “Health is Wealth”, Health Insurance is essential for every person. The increasing medical cost owing to our lifestyle and accidents can hit any person both mentally and finically. So, it has become mandatory to buy a health insurance to safeguard your family and you from unforeseen medical expenses. 

Generally, the Financial advisors advise to purchase a health plan early in life. This will help you to reduce the premium amount. Furthermore, a health insurance policy is one among the best ways to protect the whole family. Though you may feel health insurance an unnecessary expense, when you have a deeper look, you will understand how health insurances benefit you in several ways and protect you from a huge finical loss. 

Some of the benefits of buying best family health insurance 


Medical insurance plans | Image Resource: quora.com

First and foremost, benefit of purchasing a health policy is the best ways to protect your health against the increasing healthcare costs. Let us see a few reasons to buy a health insurance policy for you and your family

• Insurance Coverage

A medical insurance policy provides coverage against medical insurance. You can opt for a health insurance policy that insure you and your family with a fixed sum. You need to pay premiums in certain intervals such as quarterly, half early and annually.  The insurer will pay the medical expenses based on the policy coverage and sum of insured. 

• You can Avail Policies based on your income and Needs

Owing to the rapid growth of the insurance industry in India, anyone can avail health insurances based on his or her income and requirements. The industry is coming with latest products that meet the requirements of the customers. For this reason, it is and easy task for the customers to find out the health insurance policies that suits your health and needs.

• Tax Benefit

Avail tax benefits as any health insurance is eligible for tax deduction under Section 80D of the IT Act. It privileges you to claim for tax benefits up to Rs. 25,000 that you pay for the premium of health insurance in a year. In addition to that if you include your senior parent or parents you will get and additional of Rs. 50,000 tax benefits. 

In addition to the above-mentioned benefits, several insurance companies offer riders like critical illness coverage, maternity cover, accident cover, etc. with an extra payment on premium. You can opt for such riders to increase the scope of your Medical insurance plans and enjoy a healthy life. 

Comments

Post a Comment

Popular posts from this blog

Borders Bookstores- A Pioneering Success Story for Al Maya Group

Image
The Al Maya Group is one of the biggest business conglomerates in Dubai and the rest of the UAE. While it is primarily known for a variety of businesses including food distribution, retail (it owns more than 50 supermarkets throughout the UAE), bakery and more, the Group’s biggest turnaround has come with the revival of Borders Bookstore in Dubai. A decade earlier, the parent entity filed officially for bankruptcy in the United States and the bookstore chain Borders today is successfully running in the United Arab Emirates (UAE) and several other Gulf regions. Borders is a precious component in the portfolio of the Al Maya Group . Al Maya Group The Group never thought of doing away with the branding and name Borders at the time of acquisition of complete regional rights earlier. This was irrespective of the situation faced by the parent company in the United States market. The Group felt that since Borders was firmly entrenched in consumer minds, the name change would have needed rebr...
Read more

Buy Copy Tissot Watches Online At The Most Affordable Prices

Image
Copy Tissot Watches | Image Resource : files.wordpress.com It is the belief of the majority of the people that a suit along with a tie makes the look for a gentleman complete, but that statement is only half true. It is a watch that makes or breaks a look. Luxury watch companies are quite adorned all over the world for the design they put out in the market but one of the disadvantages these watch companies have is the fact that they are extremely high priced which makes it difficult for anyone with a nominal income to purchase it. Nevertheless, there are always alternatives to these luxury watches. A very prominent luxury watch company is the Tissot watch company that was founded in the year 1858 by Charles-Félicien Tissot. It was first introduced as a pocket watch which was used in order to keep track of the time for competitions for ice-hockey, motor-cycling, fencing, et cetera. The company later started designing wrist watches which have been worn by famous personas su...
Read more

Be your Own Boss by choosing the Best Franchise Business

Image
As the word implies, franchise is a power that is given by a company or an organisation to sell and expand his products to the interested dealers. A franchise business means the dealer has the right to sell franchisor’s goods, services, brands or any kind of his products.  Be Your Own Boss | Image Resource : sstaffsbusinesshub.co.uk Browsing on any search engines or while you spend time on online, there is a possibility of seeing some ads on franchise or something related to it, it can be related to any field such as coffee shop, restaurants, schools etc. A franchise business is something different from other business.  For buying a franchise, it will take quite a long time for researching and understanding what field are available for you and whether becomes satisfactory for both you and the consumers. Dreaming to Be Your Own Boss , then you need to start looking your interest and availability field via online, the franchise which you select should guarantee good...
Read more