Medical Insurance provides coverage for medical expenses incurred due to illness or injury. It ensures financial protection by covering hospital bills, medical treatments, and surgeries, reducing the financial burden on the insured.
Types of Medical Insurance:
Individual Health Insurance:
- Covers medical expenses for an individual, including hospitalization, surgery, and outpatient services.
Family Floater Health Insurance:
- Offers coverage for an entire family under a single policy, providing financial protection for each member.
Critical Illness Insurance:
- Provides a lump-sum payment upon diagnosis of a serious illness like cancer, heart attack, or stroke.
Top-up Health Insurance:
- Enhances existing health insurance coverage by offering additional coverage for hospitalization expenses above the sum insured.
Features of Medical Insurance:
Comprehensive Coverage:
- Covers a wide range of medical expenses, including hospitalization, outpatient treatment, diagnostics, and surgery.
Cashless Treatment:
- Provides cashless treatment at network hospitals, eliminating the need for upfront payment during medical emergencies.
Pre and Post-Hospitalization:
- Offers coverage for medical expenses incurred before and after hospitalization, such as diagnostic tests and follow-up treatments.
Tax Benefits:
- Policyholders can claim tax deductions under Section 80D of the Income Tax Act for premiums paid towards medical insurance.
Annual Health Check-ups:
- Many policies provide annual health check-ups to monitor and maintain your health, promoting preventive care.
Medical Insurance offers peace of mind by ensuring that you and your family are financially protected in the event of health emergencies. Choose a plan that suits your medical needs and secure your health today.
