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

The Importance Of Health Insurance

Profile Picture
By Author: vizza insurance
Total Articles: 3
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Health insurance is an agreement whereby the insurance company agrees to undertake a guarantee of compensation for medical expenses in case the insured falls ill or meets with an accident that leads to hospitalization of the insured.
No one plans to get sick or hurt, but most people need medical care at some point. Health insurance covers these costs and offers many other important benefits.
Buying a health insurance policy for yourself and your family is important because medical care is expensive, especially in the private sector. Hospitalization can burn a hole in your pocket and your finances. It will become even tough, if the person who brings in the money, is now in a hospital bed. All this can be avoided by just paying a small annual premium which would lessen your stress in case of medical emergencies. A good health insurance policy would usually cover expenses made towards doctor consultation fees, costs towards medical tests, ambulance charges, hospitalization costs, and even post-hospitalization recovery costs to a certain extent.
Health insurance provides important financial protection in case ...
... you have a serious accident or sickness.
People without health coverage are exposed to these costs. This can sometimes lead people without coverage into deep debt.
It’s easy to underestimate how much medical care can cost:
The average cost of a 3-day hospital stay is around 30,000 Rupees

Comprehensive cancer care can cost lakhs of Rupees
Having health coverage can help protect you from high, unexpected costs like these.

Total Views: 268Word Count: 257See All articles From Author

Add Comment

Insurance Articles

1. Piccolo In Pop, Jazz And Fusion: Why This “tiny” Instrument Is Getting Big Attention
Author: musicinstrumentsins

2. Why Insurance For Appraisers Is Important For Protecting Professional Liability?
Author: victor12johnson

3. How To Start Investing With Your First Salary
Author: Joffry Daniel

4. What Equipment And Risks Are Covered By Music Studio Insurance?
Author: micheljordan4

5. Pros And Cons Of Cancelling Your Insurance Policy
Author: Hanna

6. The Difference Between Home And Dedicated Music Instrument Insurance
Author: musicinstrumentsins

7. Understanding The True Value Of Your Piano And How Insurance Helps
Author: victor12johnson

8. Cost Factors: What Determines Violin Insurance Premiums
Author: micheljordan4

9. Why Your Brass Instrument Needs Specialized Horn Insurance?
Author: musicinstrumentsins

10. How To Choose The Best Music Dealer Insurance Policy?
Author: victor12johnson

11. Top Reasons Guitar Insurance Is Worth It For Beginners And Pros Alike
Author: micheljordan4

12. The Role Of Flutes In Different Musical Genres
Author: musicinstrumentsins

13. What Every Music Instrument Shop Owner Should Know About Insurance For Retailers
Author: victor12johnson

14. How Automated Underwriting System Speeds Up Risk Decisions?
Author: Howard Miller

15. Common Misconceptions About Music Equipment Insurance
Author: micheljordan4

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