Health Insurance
Health insurance basically offers money related security for financial protection brought by critical illness,
surgeries, maternity, accidental injuries, etc. depending upon the policy type.
Types of Health Insurance
Individual Health Plan
This plan is intended to shield a whole family from unexpected medical expenses. This plan is basically for an individual person who wants a health cover for himself while a family person goes for an insurance policy which is made for the family which covers the policyholder, dependent children, spouse.
Family Floater Plan
The health plan is intended to shield an individual from medicinal costs happened because of a crisis. It covers individual health insurance policy covers full hospital expenses that includes health check-ups, OPD, maternity cover, pre, and post hospitalization expenses fees etc.
Critical Illness Insurance Plan
As the name suggests, it refers to the serious health condition which is fatal and affects a person’s day-to-day routine. It covers heart attack, muscular dystrophy, permanent paralysis, cancer, kidney failure etc. It can be claimed once the policyholder is diagnosed with any such critical illness which is specified in the policy.
Pre-Existing Disease Cover
It covers the diseases or illness that a person has before buying the policy. These are waiting period in such case.
Health Policy For Senior Citizen
This policy is basically for old people whose age is more than 60+ years. The expenses become difficult to manage with growing age. This policy helps to manage all the unexpected medical expenses, it helps them in leading a peaceful life. The Insurance Regulatory and Development Authority (IRDAI) has mandated that 60-65 years is the minimum entry age bracket for senior citizen health insurance and granted lifetime renewability.
