choosing health insurance

Before choosing health insurance / policy, definitely know the claim ratio, it will not be a problem later.

Published

3 years ago

February 11, 2020

TNI

Due to lifestyle changes, polluted environment as well as irregularities in food and drink, every person is suffering from some minor disease. If you have health insurance, you will not have to spend out of pocket money to get treatment. Health insurance provides financial assistance to the borrower in case of illness, accident or death. Before taking health insurance of any company, you must check what the claim ratio of that company is. That is, what percentage of the policyholders claim the company accepts.

If you want health insurance, then you should also assess how many thousand or lakh rupees worth of insurance cover you need. If you want to get insurance cover for critical illness, then also know which diseases are covered in how much rupees and how much amount you have to pay annually as premium. However, splitting policy can be beneficial for you. In terms of price, a separate policy can be taken for the eldest member of the family. Generally, all insurance companies cover the insured, his wife and two children in the same policy. At the same time, in some policies, dependent parents are also covered, but their annual premium is much higher. These premiums vary by age.

This is how the determination
of the total coverage price of the policy, taking into account the number of family members (who have to be covered through this policy), the illness of the holder, as well as the coverage currently received from various sources. It is necessary for the policy taker to buy his own health insurance policy along with the policy taken for the family. It is important to tell salaried people that the health insurance given by their office is valid only as long as they are working there.

Therefore it is necessary that
every person is surrounded by various health hazards. If you do not have health insurance and you are hospitalized, in such a situation you may have to pay huge bills out of your pocket. This means that your savings will be zero. If you do not have enough money for treatment, you may have to take a loan to get your treatment done. In such circumstances, health insurance comes to your rescue as your financial aid.