Do I need? - It was a very important question before the Covid
Pandemic.
How much do I need? – After Covid Pandemic,
everyone is thinking about it.
No one predicted that the world would come to a
standstill and that we would all have to remain confined to our homes. Not even
in our wildest dreams would we have seen such scenarios on the world stage. The
Pandemic has certainly re-confirmed that nothing is above Nature.
Health Insurance Planning is also very important
as we know, “Health is Wealth!”.
Why?
1)To protect yourself and your loved ones – to safeguard
from uncertainties of life which we have no control.
2)
The rising medical costs will drain your savings –
hospitalization requires money right from admission to discharge including
deposits, treatment, medicines, etc.
3)
The Medical costs may put you in additional financial burden – in
certain medical cases you may have to option of Loan.
4)
To give best medical treatment in case of Hospitalization
– no compromise, you can decide which is best hospital to treat your loved ones.
5)
To manage Medical Inflation – the best way to buy health insurance plan is keeping in mind the ever-rising medical inflation.
6)
Peace of mind in case of medical emergency – world class
medical treatment and no financial worries.
So, it is not a question of whether you need
Health Insurance but how much Health Insurance you need.
Let’s now understand the process to determine how
much Health Insurance is required.
1)
Number of Family members – to determine how many members need
to be added to the Health Insurance Plan. You can decide upon a family floater
plan or individual plan.
2) Age of eldest Family member – the premium depends on Age of
eldest member in case of family floater plan. You can decide whether to opt for
a family floater plan or an individual plan.
3) Existing medical problems – the premium can go up if there is
any existing medical problem or the plan will come with few exceptions for a
certain period of time.
4) Medical history of family – it is very important to buy health
insurance plan knowing your family’s medical history in mind.
Comments
Post a Comment