What is Heath Insurance?
It is an insurance cover that will pay a specific sum for the healthcare expenses incurred by the insured. A medical insurance plan can either pay your medical bills directly to the healthcare provider or reimburse the amount.
Types of Health Insurance
Individual Health Insurance Plan
It provides medical coverage to a single person and provides protection against all kinds of health risks. An individual health cover is relatively expensive and does not cover any family member.
Family Floater Policy
It is a low budget health plan which covers immediate family members for a fixed cover. You pay a single premium for all the insured members in the family. The sum assured is shared by all the members and saves you from monetary troubles.
Group Health Policy
It is generally bought by corporate organizations where the employers cover all their employees under a single plan. In most instances, a particular sum in the form of premium is deducted from the employees’ monthly earnings.
Critical Illness Plan
This particular health cover is suitable for individuals suffering from life-threatening illnesses like cardiac problem, kidney failure or cancer. A lump sum is paid by the insurance company for all the serious ailments but only up to a certain limit.
Benefits of Health Insurance
A qualified health plan has the following advantages:
- Keeps you away from financial worries
- Manages high healthcare costs
- Additional coverages for maternity and pediatric care
- Outpatient care
- Tax advantages
- Free health checkups
- Coverage for ambulance charges
- Coverage for diagnosis bills
Why Compare Health Insurance with GIBL?
Medical costs are on the rise and you could be susceptible to an array of health risks. Therefore, you need the best health cover to get protection from these potential risks. At GIBL, you get free health insurance quotes and access to the most affordable plan. You can compare features and opt for a policy which fulfills all your healthcare needs. We have liaised with topnotch insurance companies in India that offers effective health plans. You can use the health insurance premium calculator to get cheaper rates prior to policy purchase.
Few Other Health Insurance Links you May Like –
Best Health Insurance in India | Senior Citizen Health Insurance | Best Health Insurance Policy | National Health Insurance | Oriental Health Insurance | ICICI Lombard Health Insurance | Bajaj Allianz Health Insurance