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Health insurance is an insurance product which covers medical and surgical expenses of an insured individual. It reimburses the expenses incurred due to illness or injury or pays. The care provider of the insured individual Health Insurance, directly. Health insurance, covers cost of an insured individual’s medical and surgical expenses. Subject to the terms of insurance coverage, either the insured pays costs out-of-pocket. And is subsequently reimbursed or the health insurance company reimburses costs directly Health Insurance.
Taking health insurance is one of those things an individual cannot ignore given the rising costs of treating health problems. Inflation in medicare or medical treatment is a lot higher than general inflation. Or inflation in other categories like food and clothing. While inflation in most categories is in single digits, inflation in medicare is often higher.
Senior Citizens Red Carpet Health Insurance Policy
- For Senior citizens aged between 60 to 75 years.
- No pre-insurance medical test required.
- Higher Sum Insured coverage upto Rs.10 Lakhs.
- Guaranteed lifetime renewals.
- Medical Consultations as an Out Patient in a Network Hospital.
- Covers pre-existing diseases from the second year onwards.