Young and healthy? Find out which of these plans rewards you with lower premiums. Click here to check now!

Benefits You Get with a Health Insurance Company

Health insurance providers always try and come up with innovative new ideas to reward you. These ideas, besides giving them an edge over their competitors, also provide you value added services. Yes, you can find various benefits which insurance companies give that pay for your better health. Want to know what these services are?

Let’s find out benefits of Health Insurance Policy

  • Coverage for hospitalisation expenses: The first and the foremost thing which a health plan does is cover you for your hospitalisation expenses. Whether you fall ill or face an accident and are hospitalised, your health insurance plan takes care of your medical expenses. Thus, it helps you get the required treatments, recover and regain your health. In fact, post hospitalisation expenses are also covered under a health insurance plan. This coverage ensures that you get regularly monitored for your health even after being discharged from the hospital. Thus, your health insurance company pays directly for your good health.
  • No claim bonus: Health insurance providers also motivate you to stay healthy. If you do not make a claim in your health insurance policy, you are rewarded with a no claim bonus. This bonus either increases your sum insured free of cost or gives you a premium discount. Given this feature, many of you try to take care of your health so as not to fall sick and make a claim.
  • Health-related discounts: Another way in which health insurance providers pay for your better health is by offering health-related discounts. Many health insurance companies have devised different types of premium discounts and benefits if you stay healthy during the policy year. In fact, one insurer gives you premium discounts depending on the number of steps you have taken during a policy year. Thus, these discounts help you stay in health as they tempt you with premium discounts and other gift vouchers.
  • Free health check-ups: This feature is also present in almost all health insurance policies. Your insurance provider arranges for a free health check-up annually or once in a block of 2-4 policy years. These health check-ups are available not only for you but also your family members if you buy a family floater plan. Through these regular check-ups, health insurance companies promote regular monitoring of your health. Through this monitoring you can find out if you develop any illness and can take precautionary steps to curb the same. Moreover, if the illnesses are detected in the early stages, it is also possible to cure them before they become chronic.

So, these are the different ways health insurance companies pay for you to stay in better health. Their health insurance plans not only cover the basic medical expenses which you might face, they also provide you the above-mentioned value-added services so that you can stay healthy.

Choose wisely!

 Young and healthy? Find out which of these plans rewards you with lower premiums. Click here to check now!

Author Bio

Paybima Team

Paybima is an Indian insurance aggregator on a mission to make insurance simple for people. Paybima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 21 years of experience. Paybima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.

Over to You

Health emergencies don’t come with a calendar invite. Whether you're planning for your own future or looking out for your parents, choosing the right health insurance plan can make all the difference. That’s where a deeper look at the fine print helps. When you compare Star Health’s Red Carpet Plan vs Care Health Enhance Plan, what you’re really doing is choosing the kind of financial backup you want in your corner.

The Star Health Red Carpet Plan is made with senior citizens in mind. With benefits like annual preventive check-ups, it helps you or your ageing parents get covered without the usual hassles. On the other hand, the Care Health Enhance Plan acts as a top-up cover, ideal if you already have a base health policy and want to increase your shield without increasing your premium by too much.

While health insurance takes care of medical needs, don’t forget to plan for life’s bigger what-ifs. A term Insurance policy, especially a 1 crore term insurance plan, can be the long-term security net your family needs. Health and life coverage go hand in hand. And when chosen right, they help you face the future with confidence, not chaos.
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