Health Insurance
Health Insurance Explained Ensuring Access to Quality Care
Health insurance is a form of insurance policy that covers the costs of medical treatment. Health insurance policies either cover or repay the cost of treatment for any included disease or injury. Various forms of health insurance cover a wide range of medical bills.
It typically provides defence against :
- Inpatient care
- Critical illness treatment
- post-hospitalization medical bills
- Procedures for day-care
A few types of health insurance policies also cover resident care and pre-hospitalization costs. The following are some of the several types of health insurance policies available in India :
Individual Health Insurance
Provides coverage to a single person.
Family Floater Insurance
This type of insurance allows your complete family to be covered under one policy, which often includes the husband, wife, and two children.
Critical Illness Coverage
A sort of health insurance that covers a variety of life-threatening illnesses such as stroke, heart attack, renal failure, cancer, and other comparable conditions. When a policyholder is diagnosed with a serious illness, they get a lump sum payment.
Travel Insurance
When you are travel internationally and suffer losses because of loss of baggage, trip cancellation, or delay in flight, a travel insurance policy safeguards you. You may also be offered cashless hospitalization if you are hospitalized while travelling.
Senior Citizen Health Insurance
These insurance policies are designed for people over the age of 60.
Group Health Insurance
This is a type of insurance that a business provides to its employees.
