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Why You Should Buy a Health Insurance Plan

Posted On : 19 April 2023, 1 Years Ago. Health-Insurance
Health Insurance Plan

It is rightly said that health is like money; we only have a true idea of its value once we lose it. Hence, you should look out for the best health insurance policy that ensures the fulfilment of all your healthcare needs. This blog will discuss reasons why you need to buy healthcare insurance.

 

What Is a Health Plan

Healthcare insurance policy grants you the provision of having your medical expenses reimbursed or directly paid in case of a medical emergency. From hospitalisation to other miscellaneous expenses, they are all covered under a health policy. In exchange for medical coverage, the policy buyers are required to pay premiums. The premium payments depend on factors like age, sum insured amount, medical history, etc. and can be estimated using an online health insurance calculator.

 

Why Do You Need Health Insurance?

In today's world of rising prices, it's common to second guess whether you need medical insurance or not. However, buying a health policy at the right time can protect you from the common phenomenon of medical inflation. And that's just one of the benefits of having a health policy. With that being said, let's break down other reasons why you should buy the best health insurance plan:

 

Financial Security

Your future savings will likely be gravely affected if a medical emergency occurs. You might have to find different sources to pay your medical bills. To avoid such a situation, having medical insurance is a necessity. It helps you live in peace, knowing that the insurance will assist you in your time of need.

 

Pre and Post Hospitalisation Bills

The number of expenses that need to be paid in case of a medical emergency is endless and cannot be anticipated beforehand. Medical insurance covers your hospitalisation expenses and provides coverage for the pre and post-hospitalisation charges. This includes ambulance services, regular health checkups, and more.

 

Add-ons to the Existing Plans

Another significant benefit of medical insurance is that at any given time, you can include add-ons like maternity benefits, room rent waiver services, critical illness riders, etc. Add-ons make your insurance up-to-date according to your healthcare needs.

 

Critical Illness Coverage

You can also choose to have critical illness insurance under any health plan. Critical illness cover proves to be one of the most beneficial features of a health policy as it ensures coverage against diseases that can be life-threatening and require you to get multiple checkups and treatments. So while choosing a premium health care policy for yourself with the help of a health insurance calculator, you can always opt for critical illness coverage.

 

Tax Benefits

Not only coverage of your expenses, health plans also include tax benefits. The premium amount paid under your healthcare insurance is tax deductible under Section 80D of the Indian Income Tax Act.

 

Safety of Dear Ones and Yourself

This reason is self-explanatory, given how precious human life is. With changing times and new calamities every day, having medical insurance guarantees the well-being of yourself and your loved ones.

 

The importance of having the best health insurance policy in India cannot be stressed enough. It is something you should check off of your priority list as early as possible. There are various platforms and seamless procedures for buying the best healthcare policy. In addition, several online tools like the health insurance calculator exist to assist you in making an informed decision.

 

It's never too late to secure your future savings and ensure that your medical needs are catered to whenever needed. Get your health insurance today!

Secure your health with comprehensive insurance plans from Nivabupa

Tell us a bit about you

Whom are you buying for ?
Myself Icon Individual
Wife Icon Husband & Wife
Family Icon Family
Enter valid name
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OTP sent Resend OTP
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OTP Expires in
I authorize Niva Bupa to call me. This will override your existing registry in DNCR. I want to get my quote and policy details on WhatsApp.
FIND MY PLAN