Today we can buy everything with money except good health. Good health is considered an ultimate asset, so it required to be taken care of. The future is uncertain and probably no one thinks of the mishappening that might happen in the near future.So it becomes important for us to make ourselves and our family feels safe and secure. So Mediclaim insurance premium is the insurance designed for people which helps in covering the risk to pay for the health-related expenses.
It has now become an essential part due to the increasing rate of medical inflation and new lifestyle diseases.
Due to the increase in the living standards, people nowadays are much aware of such health insurances. Healthcare insurances help in covering most of the diseases and provide you with the claim without any hassle. That means you can visit hospitals without carrying any cash. Lifestyle changes these days have led to an increase in heart diseases, different variations of cancer and many other chronic diseases. So this pushes people to go for Mediclaim insurance to avoid any risk in future. Also, for some people who cannot bear the heavy medical expenses, it turns out that medical insurance can be very beneficial to them. All they just need is to find appropriate health insurance which matches their requirements. Medical insurance helps in covering expenses like:
- Hospitalization expenses
- Hospital room expenses
- Diagnostic procedures
- Daycare procedures
- Ambulance charges
- Medicines and much more
It will cover almost all the expenses, so you can take care of your loved ones without worrying about the high medical bills. Most of the health insurances cover pre and post-hospitalization expenses. During health issues, many face financial crises as we all know hospital expenses turns out to be very heavy, so here backup support will relieve you from such worries. In this generation, where you can find everything online, you can choose any health insurance just using your phone. There are many apps and websites which are 24×7 available to provide you with the related service. Also, there are numerous Mediclaim policies like individual Mediclaim, family floater Mediclaim cover, senior citizen Mediclaim policy, critical illness Mediclaim, cancer Mediclaim, heart Mediclaim and much more. So, one can choose from them depending upon their requirements.
To make it more clear, the following are some of the benefits of Mediclaim insurance:
- Ease of cashless hospitalization- In an emergency situation, it becomes difficult to arrange money for the treatment to start. Here the Mediclaim insurance will help you out as you can start the treatment without carrying any money. You just need to have valid documents or you may require an e-card to show the hospital staff. Hospitals expenses are way too huge and for some people, it becomes difficult to arrange. So coming to the rescue, Mediclaim insurance will cover you up completely. All you just need to focus on the well-being of your loved ones.
- Individual or group Mediclaim cover- Not only individual but there are family covers too which includes parents, spouse and children. The entire family can use the group Mediclaim insurance cover and benefit from it.
- Combats financial burden- This is always the main concern, especially for the ones who cannot bear the heavy hospital expenses. This insurance will take away your entire financial burden and will act as a shield for you and your family. Starting from the ambulance expenses till the end day in the hospital, it covers all.
- Ease of buying through online health insurance companies- Isn’t it great that you can get a Mediclaim cover just at the ease of sitting at your home. You can choose and get the best one by looking for Mediclaim insurance online. You can easily compare from other websites to get the best offers and deals.
- Offers tax exemption- Under section 80D of the Income Tax Act 1961, the premium paid under this cover are qualified for tax exemption or deduction. So you can stay healthy and save money at the same time.
- Annual health checkup- Some of the Mediclaim insurance covers includes annual health checkup for all the insured members.
- Lifelong renewability- Also, lifelong renewability is easily available to all the insured members.
So above are the benefits of Mediclaim insurance and reasons that why it is necessary to have it. Make sure to get one from a genuine website and also consider some factors like the type of coverage, sum insured, premium, discounts, exclusions, network hospitals, claim settlement ration, waiting period etc. These factors will help you make the right choice for Mediclaim insurance. As we have heard about many companies providing Mediclaim covers, Care insurance provides the best deal in Mediclaim insurance. They have the highest claim settlement ratio, which makes everything hassle-free. Also, for the application procedure, you have to simply visit their official website or download their app. Then fill a form with the demanded details and you will get a quote. You will get numerous options to choose from. You can pay your premiums online (provides EMI option too). After paying, you will get all the documents (policy number, e-card etc) on your registered e-mail id.