In the pandemic stricken world of today, buying a health insurance policy for yourself and your loved ones has become most essential. Covid-19 has exposed how vulnerable your life is to diseases. On top of it, cost of medical treatments are sky rocketing, especially in the private sector. Hospitalization can burn a hole in your pocket and derail 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.
You can opt for more than just hospitalization by adding day care procedures and OPD to your cover. Diseases like covid-19 are also covered in health insurance policies. Most plans also have maternity benefits, which may be relevant at this stage of life. Also, your new born will be covered from birth without any additional premium.
Depending on your level of cover, a health policy helps you pay for services such as ambulance, day-care procedures in addition to a number of non-hospital related services such as chiropractic, dental, physiotherapy, optical, dietary advice and some alternative therapies like Ayurveda and Homeopathy as well. In case you are looking for a bigger cover for the extended family, there are insurers who will customized the plan for that too.