Insurance Advice Guide

Health is wealth, so it is important to safeguard this wealth. Health insurance provides a lot of medical benefits and cashless hospitalization that eases out the burden of the insured, in cases of unfortunate circumstances.

Health insurance is of many types. Some policies cover only the post hospitalization charges, whereas some cover pre and post hospitalization, surgical expenses and recovery charges as well. The only type of ailments not covered under the health insurance policy are the ones that were there before applying for the policy � cancer, AIDs, TB etc. However, some of the sophisticated policies that are in vogue today, cover these diseases as well.



The health insurance market is open to the private players today, hence, with each passing day, there are more and more health insurance providers in the market today. They offer attractive quotes to the customer. These providers have tie up with a wide network of hospitals around the country. The health insurance providers provide cashless hospitalization charges, if the insured is admitted in any of those network hospitals. For these purposes, the insured has to show a card, which is provided to them by the companies.

We never know when disaster might strike. The least we can do is to prepare ourselves for the disaster than to be caught unawares during that time. Health Insurance is the best way to prepare oneself against these unforeseen disasters. Health Insurance premiums are cheaper when it is taken at a younger age than at a later age/ As the age increases, the premium rate goes up. The logic behind this, as ages goes up, the probability of ailment is much higher than when one is young. These reasonable rate of premiums give lifelong benefit to the insured. Health insurance policy can be taken individually or as a group, short or long term etc. It is important to read the health insurance policy before opting for premium payment, because, it is important to know what medical expenses are covered and what are not. This could be handy during hospitalization, because that will prepare the insured well and avoid him shelling out his own money during emergencies.