You have to understand that medical insurance is not an expense; it is an investment for a healthy life and security. The more you understand your policy, the better you can make it work for you. In the end, health is a privilege that every individual must enjoy and health insurance can make that possible
That is where medical and health insurance comes in. But opposed to insurance policies for life, wealth and possessions, medical insurance needs to be individual specific where the individual needs to be well aware of numerous influencing factors which will ultimately form cohesive medical cover. Heredity, lifestyle and medical history are the primary criteria on which most major medical and health insurance providers will base their insurance quote.
If you already have comprehensive health and medical cover, you need to assess if your policy does in-fact deliver on all that is promised and if you are capitalizing on the perks of being insured as a substantial tax-saver. If you are out in the market looking to purchase insurance, your options are endless. India has a plethora of reliable insurance companies with histories of faultless service. Though medical cover is normally expensive, most health insurance companies in India will provide the option of low cost cover for a list of medical procedures that are normally deemed 'expectable'.
In addition, most medium to large companies provide medical cover to their employees and their family. This is called Company Insurance. Another type of affordable insurance include short term health insurance that is normally opted for with travel insurance or when the individual is transitioning between 2 major health policies. Short Term Insurance Policies can range from 30 days to 365 days thus proving ideal for students, tourists, etc.