There are countless insurance plans offered by a long list of insurance providers in the present-day market. Choosing among a long list wisely is as important as opting for one. The various types of insurance covers may include medical, family insurance plans, floater policy, individual premium health insurance policy at affordable rates. The family health insurance plans are the ones that include the couple, the dependent children as well as the senior citizens (parents) dependent on the main insured policyholder. On the contrary, the individual health insurance plan safeguards only the insured.
Individual health insurance policies are ought to be bought separately for each member of the family and prove beneficial in case of any big medical emergency for any individual as herein the other members are not exposed to any risk of policy lapse. It is always advisable to go for the same if there is a member who requires extra coverage benefits. This is best suited for the money as well as the health prospects.
Benefits of the individual health plan coverage
Coming to the benefits of the individual health plans and policies, let’s take a close look at the same.
- Medical emergencies coverage: This is the base priority of such policies. As it is mandatory that unforeseen medical emergencies need to be covered, to be safe monetarily and thoughtfully. Hence, in today’s world of unhealthy lifestyle and negativity, these policies act as your supporter to recover well.
- Age factor doesn’t matter: Under the individual health insurance plan, the age factor isn’t considered as eligibility to get insured. Instead, if bought at an early age the premium cost is lesser as it is a general belief that with increasing age the threats/ risks to life expectancy and diseases increase. No-claim bonus, co-payment facilitation etc. make the individual health insurance policy the best option. Also, many service providers don’t even ask for medical tests at an early age insurance plan.
- Tax redemption: The premium of the same is deductible as per the tax filing procedure. Thus, financial stability is protected subject to an appropriate coverage.
- Private health insurance plan: Individual health plans are a form of private coverage plan for an individual and are separate from medical covers. Individual health insurance plans permit you to opt for individual health care and maintenance of health whenever required.
- Short day-care procedures are considered: All the diseases and emergencies are not the same. Some may not need long admissions and medical attention/support. The individual health insurance policy even covers these treatments assisting financial support at every level of life.
- Adequate return and coverage at hereditary and history levels: The employees may view that their corporate insurance is their full potential coverage but it’s not true. The individual health insurance policy assists the individual as per the needs concerning the hereditary diseases or the medical history as well as family history for optimum beneficial level.
- The solo cover feature: The solo coverage feature adds value to the individual policies in a context that the whole sum can be utilized by the insured and this safeguards your health. Thus, the respective policy helps plan the future better.
- Lifelong renewability: With the choice of the individual health insurance policy, you own the lifelong renewability offer and thus makes the complete process time saving and financially secured future.
- The security guard even after being retired: The option is your assurance to a well-secured retired life. This means once opting for the same and regular renewals ensures complete safety and comfort zone after the retirement of the insured.
- Inflated Costs of medical amenities as well as good for old age: The hike in rates of medical amenities is well tackled by such insurance policy for the person. The addition of senior citizens to the insurance policy results in raise in premiums and that’s why it’s better to opt for an individual policy.
- Flexible customization and pre-existing ailments coverage: The individual health insurance policy service providers even provide the customization and facilities to deal with the urgent care of the insured. The cashless benefits ensure the right treatment at right time without hesitation and any prolonged waiting period.
Care Health Insurance offers all the mentioned benefits, making the choices appropriate and effective. The cashless facility and minimum waiting period make the same worth an asset to the individual with future perspective in view. The most efficient trusted insurance providers in years encourages you to explore the possibilities without any compromise or hassle. The care insurance plans are your key to future security and contentment. The same has even worked tirelessly even during the tough pandemic times working on efficiently keeping your family secured.
To be noted: Any expenses incurred by the suicidal attempts, use of drugs or alcohol etc., infertility treatment or miscarriage or pregnancy-related issues etc. are excluded from the respective head.
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