Health insurance covers your medical expenditures and limits your out-of-pocket payments up to the Sum insured.
A health insurance policy assures that you may receive cashless care at a network hospital, with most Health Insurance policies covering 30 days and 60 days pre and post hospitalisation, respectively.
Personal Accident (PA) Cover, Critical Illness (CI) Cover, and other benefits can be added to the Base Health Insurance Plan to increase its value. These items are offered for a very low cost and provide advantages that are not included in the Base Health Insurance plan. A Personal Accident (PA) plan, for example, can aid by covering disability, which is often not covered by a regular health insurance plan. For a Personal Accident (PA) cover, there is no requirement for a waiting period or medical examinations.
One may also buy in one of the popular senior citizen health insurance policies to provide total protection for their elderly parents or to safeguard their old age, which frequently carries with it a slew of maladies that necessitate costly medical care.