123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Insurance >> View Article

Can Medical Insurance Be A Responsible Decision For Your Family?

By Author: Rakesh Goyal
Total Articles: 6

Insurance is a means of protection from loss similarly Medical insurance allows you covers the whole or a part of the risk of a person incurring medical expenses. It protects you from high expenses that occur during the time of medical treatment. An entity which provides insurance is known as an insurer which is the insurance company. A person or entity who buys insurance is known as the policyholder.It is a contract between you and your insurance company. You buy a plan or policy, and the company agrees to pay part of your expenses when you need medical care.

Best health insurance at young age tends to increase with age – the respective premium increases with the age proportionally. All the medical conditions for which you may be diagnosed are covered over this policy. There is no break in the policy. The treatment in each no claim year would fetch you an increase in your sum insured amount at no extra cost. This no claim bonus varies from company to company. But following are some standard exclusion properties too.

•Expenses due to self-inflicted injury such as suicide or attempted suicidal cases.

•Expenses arising out of or attributable to alcohol or drug use/misuse/abuse.

•Medical expenses incurred for treatment of AIDS.
•Congenital disease.

•Tests and treatment relating to infertility and in fertilization.

•War, riot, strike, nuclear weapons induced hospitalization.
Health insurance comes with exclusions but way better inclusions too. Some health insurance plans offer free disease treatment and also reduced rate of generic medicines. In case you face any health issues without these health insurances huge amount of money can be grasped from you. These plans also provide coverage to pregnancy, newborn care and maternity.

Health insurance helps safeguard you & your family against financial risks arising out of a medical emergency.In such circumstances, health insurance comes to your rescue. It is a means to shield you against unforeseen financial medical urgency due to illness or injury. Health insurance companies take up all the hassle you face during your treatment so that you stay relaxed and attain a worry free recovery.

About the Author

We are a team of expert vehicle, property, car and health insurance brokers serving in India for years. Log on to our website to get detailed information about our services.

Total Views: 51Word Count: 373See All articles From Author

Insurance Articles

1. What All Things To Consider When Investing In Recording Studio Insurance?
Author: Victor Johnson

2. How Financila Advisors Marketing Models Are Different From Other Professions
Author: Senior Leads

3. Insurance Disputes In Miami A Common Reasons For Life Insurance Claim Denials
Author: Steven Simon

4. How To Invest In Insurance Cover For Music Studios In New York?
Author: Michel Jordan

5. Mountaineering Insurance – Buy From Asc360
Author: Vijay

6. How To Be An Expert At Financial Advisor Marketing And Continuously Attract And Obtain Better Client
Author: Senior Leads

7. The Necessity Of Having A Life-insurance Policy & Its Primary Supportive Features
Author: Alzbeta Berka

8. The Importance Of Visiting Insurance Brokers: Perth Pro Advice For Every Stage Of Life
Author: Andrew Harding

9. How Seniorleads Works To Generate Leads For Financial Professionals
Author: Senior Leads

10. 5 Reasons Why You Should Prefer A Comprehensive 2 Wheeler Insurance Policy
Author: bhargav baweja

11. Find Your Expat-ready Health Insurance In Myanmar At Ehg
Author: Expat Health Group

12. Things To Consider When Investing In Oboe Reeds
Author: Joseph White

13. Denial Of Your Hurricane Claim & Policy Needs For Municipal Hurricane Coverage
Author: Steven Simon

14. Overview & Major Benefits Of The ‘term’ Policies For The Expatriates
Author: Alzbeta Berka

15. Choosing The Right String Instrument Insurance For Your Needs
Author: Michel Jordan

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: