What Is Health Insurance?
Life throws challenges at us all the time. One way to ensure that you always come out on top is to opt for health insurance. The premiums are a small price to pay to ensure not only peace of mind but also financial support for a wide range of illnesses.
According to a World Bank report published in 2012, the out-of-pocket expenditure on health (percentage of private spending on health) stood at 87.0% in 2011. The only way to make sure that you aren’t part of this staggering figure is to insure yourself and your loved ones. Whether there is a terminal or critical illness or if one meets with an accident, having health insurance ensures that you and your family aren’t put through a huge financial burden.
Riddhi Finserv Investments offers you a variety of options to choose from. Secure your future and your finances by making the right choice.
Riddhi Finserv Investments can provide you great relief in times of stress. Our health insurance policies ensure coverage for individuals and their family members against expenses that include hospitalization, diagnostic charges, medicine and other medical expenses.
Our policies also ensure that you are covered for medical conditions that may occur over time, provided that there is no break in the policy. You also get benefits in income tax under Section 80D of the Income Tax Act.
Some of our add-ons help you take care of your family’s healthcare, including daily medical expenses and get instant cash when you require urgent hospitalization.
Key Benefits of Health Insurance Plans in India
Health insurance plans offer a variety of health benefits to the insured depending on the plan. Following are the key benefits of buying a health insurance plan in India:
- Hospitalization Expenses – A health insurance plan covers the medical expenses incurred on getting admitted to a hospital for more than 24 hours. It includes room rent, doctor’s fee, medicine cost, diagnostic test fees, etc.
- Pre & Post Hospitalization Expenses – It covers the medical expenses that you may have incurred on an illness before getting hospitalized as well as follow-up treatment expenses incurred after getting discharged. The pre-hospitalization and post-hospitalization expenses are covered up to a fixed number of days as specified in the policy document.