With the growing importance of health insurance, there are multiple options available for you to choose as per your dynamic needs. Since you never know what the future might bring, insuring yourself against a medical disaster is one of the most important investments you can make. That way, having to undergo an expensive treatment all of a sudden won’t be a burden on your pocket, thus giving you a peace of mind. With that in mind, let’s take a brief look at 3 main types of health insurance plans you can get in India:
- Individual health insurance
Judging by the numbers, this is the most popular health insurance package in India. A well opted coverage will keep you covered if you face a sudden illness that requires immediate medical attention. Besides, this also comes with transparent pricing. Most websites assist client by offering a health insurance premium calculator. Of course, the downside to it is that it won’t cover you indefinitely – the total coverage is limited to the policy limit. Over all an individual health insurance is rather easy to understand: – higher the premium, wider the coverage you can expect.
- Family floater health insurance plan
Are you looking for a health insurance package that would cover the entire family? Then family floater health insurance is a great option to consider. Instead of having to buy individual plans for each family member separately, this type of health insurance is all-inclusive. If one of your loved ones gets critically ill or injured and is in need of an urgent treatment, the medical services will be taken care of by the insurance company in accordance with the cover. Your family members receive the privilege of being insured under single plan.
Your health is one of the most valuable assets you have, so investing something towards your own well-being and that of your family holds a paramount importance. The only way to be at peace is to allocate a bit of your monthly earnings towards yours as well as your loved ones’ health. The extent of your investment is up to you, there is plenty of room for custom-tailoring the insurance package to suit your preferences and needs.
Please note- This article has been written by Rohini and do not necessarily reflect the views of the Free Press Journal.