Safeguard Your Health: A Guide to Health Insurance
Rising healthcare costs can be a major concern . Health insurance can act as a shield, protecting you from the financial burden of unexpected medical emergencies or illnesses. Here's a comprehensive guide to understanding health insurance :
Types of Health Insurance Plans :
- Individual Health Insurance: This plan covers you and your dependents (spouse, children, and parents, depending on the plan).
- Family Floater Plans: These plans offer a single sum insured that can be shared by all insured members of the family.
- Senior Citizen Health Insurance: These plans are specifically designed for senior citizens, covering age-related illnesses and hospitalization costs.
- Critical Illness Insurance: This plan provides a lump sum payout if diagnosed with a critical illness like cancer or heart disease.
- Group Health Insurance: Offered by employers to their employees, these plans cover a group of individuals at a discounted rate.