Health Insurance is insurance against the risk of incurring medical expenses. It refers to an insurance contract where health related hospitalization bills can be claimed for. The average life span of an individual has increased considerably in India due to better health conditions and improved medical facilities. At the same time, the medical costs of treatment and surgery have increased a lot. Therefore, medical insurance makes complete sense, especially where majority of the family members are dependent on one or two earning members, as is generally the case in an average Indian household.With policybazaar, compare, choose and save on your health insurance! We bring the best options from the industry at your fingertips! | |
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Importance of Health Insurance:
- Helps overcome the financial stress that can come with an unexpected medical expenditure
- Allows the beneficiary to get admitted to good quality hospitals and avail best treatment
- Some policies also pay worksman compensation to allow the beneficiary to take complete rest
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