Life insurance has been an important buy for families having just one earning member. At least life insurance be of some help in future in case the sole earning member is, unfortunately,... Read more »
Managing finance has become a strenuous task nowadays, which is one reason why people want to keep themselves secure from any unforeseen expenses. Talking about unexpected expenses, health is one of the... Read more »
Just like mobile number and bank account number portability there is another very useful portability option available to you i.e ‘Heath Insurance Portability’. Health Insurance Portability allows policyholders to switch their policy... Read more »
Today health insurance policies are gaining popularity as people are getting more aware about the importance of the same. Looking at the demand of the insurance products and different needs of the... Read more »
Section 80D of income tax act 1961, offers deduction to individuals and Hindu undivided family on investment made towards health insurance premium or for investing under central government health scheme (CGHS) for... Read more »
Medical Insurance refers to the insurance that covers in part or in whole the risk of the policyholder incurring medical expenses.
The insurer makes an estimation of the overall risk of healthcare keeping in mind the health system expenses in order to derive to the monthly premium amount.
Such insurance usually covers for losses from accident, disability, accidental death, medical expenses, and dismemberment.
The insured individual can get reimbursement for medical expenses incurred from an injury or an illness and in a number of the cases they can directly pay the care provider. Medical investment is an investment option that is helpful in health care planning.
There are a lot of medical insurance schemes out there in the market; you can make a selection based on your family and your medical needs.