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Health Insurance

Health Insurance or medical insurance is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses. A health insurance plan protects you from these overwhelming medical expenses. When you understand health insurance meaning and invest in a suitable health insurance plan, it ensures that your family is financially untroubled. An individual can avail such a policy against monthly or annual premium payments, for a specified tenure.

BENEFITS OF HEALTH INSURANCE

1. Hospitalization Expenses :- Hospitalization Expenses incurred under the both conditions (Treatment against Critical illness and Accident and illness Related Hospitalization Coverage) are also renowned insurance providers.
2.Cashless Healthcare Providers:- Cashless Coverage against all expenses, including Pre and post hospitalization.
3. Tax Rebate:- Health insurance offers tax benefits on the premium amount paid. Your health insurance premium is tax-deductible under Section 80D of the Indian Income Tax Act. That means, the amount you pay as a premium for your health insurance coverage can be deducted from your taxable income (subject to certain limits).
4. CLAIM:- You can raise a claim against your health insurance policy through the cashless or reimbursement procedure.




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