A question that baffles everyone today is the importance of mediclaim or mediclaim health insurance. You may consider yourself fit and healthy. So, you see no need in applying for a mediclaim policy. Meeting deadlines and commitments at the workplace have taken a toll on our health. We work throughout the day to make our ends meet. We often skip our meals, owing to tight schedules. We find no time to take proper care of our health. It is always not possible to put a check on our ailments and ill-health. What is the solution we should resort to in such cases?
An affordable mediclaim policy will be a perfect solution. It not only takes care of our financial requirements, but also includes the individual insurance coverage of our family members. Now the question is how many family members can be included within the mediclaim insurance coverage.
Any person belonging to the age-group of 5 to 75 years can come under individual insurance coverage. Children belonging to the age group of 3 months and 5 years along with their parents enjoy the provision of being insured under this policy. Group insurance policy and scheme covers groups over 50 persons.
Another pertinent question that comes to our mind while discussing affordable mediclaim insurance and scheme is that, what are the important aspects that a medical policy covers? The amount spent by the medical insurance policy holder, as hospitalization charges, to cure a protracted ailment or illness, is covered mediclaim insurance scheme or mediclaim health insurance. Domiciliary hospitalization charges also come under an affordable mediclaim health insurance or the mediclaim insurance policy.
The mediclaim insurance policy and scheme feature hospitalization charges including expenditure on room, boarding and operation theater, surgeon, nursing, specialist, tests, anesthetist, blood, oxygen, and costs on artificial limbs and pacemakers.
How does an affordable individual medical insurance policy or a group mediclaim insurance scheme benefit you? Affordable mediclaim health insurance and medical policy come with a wealth of benefits. One of the important aspects of the medical insurance policy and individual insurance coverage is the tax exemption it covers, stated under 80D. The benefits included in the individual insurance coverage also feature benefits for a family under a single policy. About a 10% deduction of the total premium of the taxable income is available for a single family policy. The premium payable for group insurance coverage is comparatively lower than the premium paid for an individual insurance coverage.
The medical insurance policy or the mediclaim health insurance or the individual insurance coverage covers costs for the treatment of ailments and diseases succumbed to anywhere in India. Those who cannot bear the medical expenses at the time of admission enjoy the benefit of cashless mediclaim, in which case the insurer makes an advance payment.
Individual Mediclaim Insurance
08.16
kelam
