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: 39Word Count: 373See All articles From Author

Insurance Articles

1. Does Life Insurance Make Sense For Me? Explained By Insurance Attorney In Miami
Author: Steven Simon

2. How To Invest In Saxophone That Would Help You
Author: Michel Jordan

3. Tips To Avoid Common Homeowner Mistakes On Property Insurance Attorneys Florida
Author: Steven Simon

4. Tips On How To Care For Your Piccolo
Author: Jason White

5. Find Out Homeowners Insurance From Property Insurance Attorneys In Florida
Author: Steven Simon

6. How To Choose The Ideal Flute For Beginners?
Author: Michel Jordan

7. How To Prepare Your Home For Hurricanes/floods
Author: Steven Simon

8. Tips To Buy Woodwinds Insurance Online
Author: Victor Johnson

9. Tips To Ensure Better Protection Of Your Future Life With A Proper Plan
Author: Mark Sheldon

10. Things To Keep In View For Americans In Choosing A Life Insurance Policy
Author: Mark Sheldon

11. Insurance Disputes In Miami And Understanding A Personal Injury Claim
Author: Steven Simon

12. The Four Most Common Mistakes When Buying Life Insurance
Author: Paul

13. An Overview & Benefit Of Having A Health Plan That Offers Financial Support For Serious Diseases
Author: Mr. Alzbeta Berka

14. How To Get A Financial Planning Seminar At Home With Home Study Courses?
Author: Jason Mizak

15. How To Know The Concept Of Step-by-step Planning In Financial Planning?
Author: Mike McKale

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