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Health insurance is basically defined as a type of insurance that provides coverage for the sum of money spent by the insured on his/her surgical or medical expenses. It is one of the most popular variants of an insurance policy. People should ideally invest in New India Health Insurance or some other such policy, to safeguard themselves and their family from the financial setback they may have to suffer in the event of any medical emergency. Reasons to invest in health insurance ü   Uncertainty : Tomorrow is an uncertain territory; no one knows how their future would unfold.  Unfortunate accidents and incidents may take place at any point in time. However, health insurance plans help people get through unforeseen medical emergencies without facing any hassles. ü   High expenses : The cost of availing quality healthcare facilities is increasing with every passing day. Right from preliminary tests to post-operative checkup, from purchasing prescription drugs to going for doc

Health care costs are increasing by the day. Hence, having the right health insurance plan is very important. As you grow older, you may face health issues, like high blood pressure, diabetes, cholesterol, kidney diseases, and cardiovascular disease. So, having a health policy will ensure that you don’t have to dip into your savings to pay for your treatment. It is always better to pay a small price each year and enjoy peace of mind than having to use your nest egg. The best health insurance plan is one that meets your present and future healthcare needs. For instance, if you opt for Bajaj Allianz Health Insurance , make sure that it is the right fit for your health today and tomorrow, and that it fits into your budget. Before buying the health policy, consider the following carefully: Before you buy the first health insurance plan that you see, consider your age, current health issues, and your budget. You have the option to buy a plan just for yourself or one that covers all mem

Insurance policies have become an indispensable component of the modern way of life as people face a number of uncertainties and risks on a daily basis. Dealing with unfortunate incidents and mishaps can cause a major dent on the finances of people and subsequently land them into a dire economic strain that might take a number of years to overcome. Hence, in order to ensure financial stability and security, it is imperative that people invest in insurance policies that can protect them from the expenses incurred due to health problems, property damage and accidents. There are several varieties of insurance policies available today, some of them are: Life insurance Health insurance Vehicular insurance Commercial insurance Home insurance Among them, health insurance policies are known to be one of the most crucial plans in which every person should invest in. There are a number of reasons for that, some of them being: The ever rising costs of quality medical facilities and he

The best health policy is one that can cater to your healthcare needs as and when they arise. Hence, before you buy a health policy, there are a few things that you should consider. This will enable you to purchase the best health insurance plan for yourself, without having to face a lot of confusion:   Understand your health status The best health policy should be perfect for you, based on your health status. For instance, if you are diabetic, the policy should be able to cover the treatment you may require if you develop complications due to elevated blood sugar levels. Remember, healthcare needs keep changing with age, and it is important to revisit your policy to ensure it is still the right one for you. Type of insurance policy You need to decide if you want an individual plan or a family floater plan. Typically, if you are single, opt for an individual health plan. However, if you have dependents, a family plan is the best. Today, it is possible to get health

Medical science has witnessed a considerable development in the recent past. However, with the consistent advancements being made in medicines and healthcare treatment procedures, the expenses relating to it have also increased exponentially. Hence, it has become incredibly important for every person to invest in a health insurance policy.  These policies aim at providing financial protection to the insured and his/her family, in the event of an unexpected critical illness or injury. Moreover, it has been seen that most people are likely to get a preventive and routine check-up’s if they have a health insurance. Importance of health insurance for women Majority of women in the modern world are now the equal breadwinners of their families, and are highly self-reliant and independent.  They are now independent and educated enough to make crucial financial decisions of their lives on their own, particularly in regards to savings and investment. Investing in a hea

In essence, an insurance policy is a contract whereby a company undertakes to provide the insured individual or entity with a specified compensation under predetermined circumstances for unexpected loss, damage, death or illness. This compensation is provided in return for a specified premium that is paid regularly to the company by the insured individual or entity. It can be said, therefore, that the primary function of an insurance plan or policy is to provide financial protection against a possible eventuality or loss. This is essentially what makes insurance so important amidst the uncertainties of the modern world. In an uncertain world, having a reliable insurance policy with extensive coverage can allow you and your loved ones the chance to live a secure and anxiety-free life. Some of the major types of insurance policies available are as follows. Life Insurance: This is a type of insurance that guarantees compensation to the family of the insured in case of the untimely d

In essence, an insurance policy is a contract whereby a company undertakes to provide the insured individual or entity with a specified compensation under predetermined circumstances for unexpected loss, damage, death or illness. This compensation is provided in return for a specified premium that is paid regularly to the company by the insured individual or entity. It can be said, therefore, that the primary function of an insurance plan or policy is to provide financial protection against a possible eventuality or loss. This is essentially what makes insurance so important amidst the uncertainties of the modern world. In an uncertain world, having a reliable insurance policy with extensive coverage can allow you and your loved ones the chance to live a secure and anxiety-free life. Some of the major types of insurance policies available are as follows. Life Insurance: This is a type of insurance that guarantees compensation to the family of the insured in case of the untimely dea