by vizza insurance
Published: September 17, 2022 (1 week ago)
  • Health insurance is an agreement whereby the Insurance Company agrees to undertake a guarantee of compensation for medical expenses in case the insured falls ill or meets with an accident that leads to hospitalization of the insured.
  • No one plans to get sick or hurt, but most people need medical care at some point. Health insurance covers these costs and offers many other important benefits.
  • Buying a health insurance policy for yourself and your family is important because medical care is expensive, especially in the private sector. Hospitalization can burn a hole in your pocket and your finances. It will become even tough, if the person who brings in the money, is now in a hospital bed. All this can be avoided by just paying a small annual premium which would lessen your stress in case of medical emergencies. A good health insurance policy would usually cover expenses made towards doctor consultation fees, costs towards medical tests, ambulance charges, hospitalization costs, and even post-hospitalization recovery costs to a certain extent.
  • Health insurance provides important financial protection in case you have a serious accident or sickness.
  • People without health coverage are exposed to these costs. This can sometimes lead people without coverage into deep debt.
  • It’s easy to underestimate how much medical care can cost:
  • The average cost of a 3-day hospital stay is around 30,000 Rupees
  • Comprehensive cancer care can cost lakhs of Rupees Having health coverage can help protect you from high, unexpected costs like these.