You might have gone to the doctor just for a small health

problem. The cost of fees, medicine and tests might have

stressed you further. Even though you are earning well,

still the expense is not so easy to bear, particularly since

it came very unexpectedly. If just a small treatment is so

expensive, imagine what would be your plight if a severe

problem were to strike suddenly? How will your family

cope? You need medical insurance to protect you against

such losses.

A Look At How Health Insurance Protects You Against

Unexpected Medical Expenses?

Medical insurance can cut down so many expenses that

you incur when taking treatment. It will pay for not just

the treatment expenses but also for other costs that you

are likely to incur when taking treatment. For example,

you will incur pre-hospitalization and post-hospitalization

expenses when you are admitted to the hospital. These

will be compensated by the policy. Another example is

day care procedures, home nursing expenses, expenses

for accompanying person, all of which will put a strain on

you financially. Though you will get good coverage in a

basic policy, it is best to opt for add-ons also because

they help to bring down premium costs considerably.

It is easy to get a health policy because you don’t need to

undergo any medical tests if you are 55 and below. There

is a policy available for every age group and budget, so

you can easily find one that offers the coverage you want

and which is within your budget. Out of the many

medical insurance plans available, the best is the

comprehensive policy. It offers 360 degree protection,

enabling you to get coverage in so many ways, thus

bringing down your medical expenses considerably. You

can get your entire family covered by it, thus enabling

everyone to get protection.

Reduce Tax with a Health Policy

Investing in a health policy not only helps you save on

medical costs, but also on tax expenses. Investing in a

policy will help to reduce tax expenditure and you can

get a deduction under Section 80D of the Income Tax

Act. If you are seeking a means to reduce taxable income,

this is the best way to do it.

A medical policy can be obtained easily by visiting the

insurance company’s website. There is an online

application form that you can fill with details and

coverage required and submit. If you want to know the

cost for coverage you need use the online calculator to

find out. One you have submitted the application, policy

documents will be sent to you in a week’s time through

email or post.