Things to keep in mind to buy a health policy
The purpose of health cover is financial security from the expenditure on the treatment of diseases at an early age.
Given the ever-increasing medical expenditure today, it is wise to take the medi claim policy as soon as possible. A few days ago Akshat Rastogi’s foot bone broke down in a bike accident. When he reached the hospital, he found out that hairline fracture was also done in his head.
The cost of treatment can come to two-three lakh rupees. Rastogi had to spend this money with his pocket.
Human Bajaj, CEO of Consumer Partner, who provides legal advice, said, “Health is increasingly on expenditure and lakhs of rupees are being spent in the treatment of minor diseases. It is important to take health insurance from time to time. It helps in reducing the load on your pocket. ‘
What is a Health Insurance Policy
Statistics of the Central Health Department show that 80 percent of cases in case of a medical emergency is getting worse due to problems of money. In the event of an accident, you do not only have to spend money on treatment, but your ability to earn is also reduced.
According to this, the person who is involved in the accident gets the double whistle.
Health insurance proves to be helpful for you in this situation. Deepali Sen, the founder of Certified Financial Planner and creation financial, said, “You can arrange medical expenses for yourself by paying a small premium at regular intervals for health insurance. It is necessary for today’s era.”
We are telling you 7 important things related to health insurance
(1) Money is not being wasted.
Many people consider medi claim or health insurance as a waste of money. Certified Financial Planner Samant Sikka said, “It is a great thing if you do not need to claim it. There is no substitute for staying healthy and staying safe, but if you ever need it, it can save you from having a hole in your pocket.
After paying a small premium, it is a matter of getting a health cover of five lakh rupees.
(2) Do not take policy on an already released illness
If you have taken any Critical Illness plan that requires long-term treatment, then, in this case, making a claim means that your premiums have to grow steadily. Do not get caught in this trap of taking a new policy. Bajaj said, ‘Take a policy that can be renewed at any time in life.
Keep in mind that the purpose of health cover is financial security from the expenditure on the treatment of diseases at the earliest times. “Bajaj said that the disease is also very high in the elderly and generally there is no money to get treatment
(3) Compare, Then Buy Health Insurance
Before taking a health plan, carefully consider its condition. If you are not able to understand yourself, then get help from someone else. Deal information is available to compare and plan for all companies on an online site. Health Policy Carefully understands every clause, then pay the premium.
Understand the liability of the company in case of serious illness, pre-existing illness and accident, buy the plan.
(4) Premium Reduction On Buying Fast
In the case of investment, it is said that from early on, it helps in making big assets. In the case of health cover, it is said that if you cover soon, then you will have to pay a lower premium. If you take cover before the age of 40, then you can get maximum benefit without condition.
Deepali said, ‘Young people usually have fewer diseases. In this sense, insurers keep premiums low for them. “By renewing it from time to time every year, you will get the benefit of no claim bonus. The married person of a middle-income group should take a cover of at least five lakh rupees.
(5) Honesty Opinion’s
When taking health insurance, give the insurance company the correct information about your medical records. If you give some wrong information then the health insurance company may refuse to give you the claim, which will cause you problems during the treatment.
Coin said, “It is wrong to hide old diseases while taking a health plan. Tell the insurance company clearly even if you have to pay a higher premium. Take all the information and then take the decisions carefully. “Coin said that there is a bad effect on the mind of the claimant at the time of treatment or there is a delay, so do not let it happen.
(6) What’s not included, it’s important to know
Medical Insurance does not cover certain things. Every insurance company has its own rules and accordingly, the company designs the policy. Before buying a health policy, understand what does not include it. In some policies, the cover of critical diseases can be taken under the rider,
in some case, there is no coverage in case of an accident due to domestic reasons. Buy the policy only after clearing all these things.
(7) Do not take a plan with limit / all limits
Avoid limits like room rent limits in the hospital. It is not in your hand that you should be kept in a room during your treatment. It is not okay for you to spend all the limits set by the health insurance company for the expenses. Keep this in mind while buying a health policy and do not take such a policy.