
These
are costly times, with hospitals offering medical care like never
before. However, while facilities are getting better, the cost of
health care is also rising rapidly. If under any unfortunate
circumstance you or your loved ones are hospitalized, you would want
to ensure that you are financially prepared to deal with that
situation. A health insurance plan can help you be ready for any eventuality.
It
acts as protection against the risk of incurring high medical
expenses. In times of need, the insurance plan would pay for your
medical or surgical expenses. The amount incurred is either paid
directly to the hospital through cashless transactions or reimbursed
after a claim.
Click
here to choose the Best Health Insurance for your family.

This can provide you with a sense of safety and security since unforeseen medical emergencies can be met without any hassle or stress. The health insurance plan you take should fulfil all your needs and ease all your worries. Depending on your demands and preferences, you can choose between the
following three types of health insurance in India:
Individual Health Insurance
The simplest option is sometimes the best. The individual health insurance policy too is believed by many to be the best available option. This plan is designed to ensure an individual against illnesses and ensuing medical expenses. It covers hospitalization and surgical expenses until the cover limit is reached.
This cover limit is the sum assured by your insurer. Like all insurance plans, you have to pay a certain amount as a premium to buy this health coverage. The premium amount is directly related to the size of the policy cover; if you want a larger limit, you must pay higher premiums.
Family Floater Plans
If
you want to buy health insurance for your whole family, you should
opt for a Family Floater plan. Unlike Individual Health Insurance,
the Family Floater plan gives you a single insurance cover for your
entire family so anybody in your family can claim in case of
hospitalization or surgical expenses. More than one family member too
can simultaneously avail of the benefits of the Family Floater health
insurance plan.
Just
like the individual plan, you have to pay a premium for the Family
Floater plan. Of course, only one of the family members has to pay.
Also, just like you often avail a discount by buying goods in bulk,
the Family Floater plan turns out to be cheaper than individual
policies.

Unit
Linked Health Plan
If
you can mix your life insurance and investments, why not do the same
for health insurance
Similar
to Unit-Linked Insurance Plans (ULIPs), Unit-Linked Health Plans
(ULHPs) offer a mix of investment and insurance. A part of your
premium is invested while the remaining is used to buy health coverage.
Your health insurance coverage thus helps you earn a return while also
providing you with a safety net.
This return could help you pay for your medical expenses, over and above
the health cover limit. After all, with the ever-rising cost of
healthcare facilities, savings too can fall short. It is always
better to have more money at your disposal.
All
the returns you earn through the ULHP will be paid to you at the end
of the policy term. That said, you must note that the returns you
receive are based on market performance and subject to market risks;
UHLPs do not guarantee a set amount.
Remember,
a health insurance plan helps you lessen the financial risks that
arise from unexpected health issues. Choosing the right policy is
thus the key to a secure future for you and your family.
On the basis of
unique features, lower premium, maximum coverage, vast hospital network, smooth claim process, maximum daycare procedures include, no room rent, without copayment and other expertise, we do recommend the
following 3 'Health Insurance Market Leaders' over others to secure your family health and your financial strength.
Click Here to view the list of Non-Life Insurance Companies in India along with important communication details like Details of Key persons, Company Addresses, Fax, Phone, Mobile etc. or you may Click Here to visit the IRDA website.