5 min read
Updated on Oct 11, 2022
Raksha Bandhan is on August 11, 2022.
Festival is the time to show your love and affection to your loved ones. Since Rakhi or Raksha Bandhan is just round the corner, plan a perfect gift of insurance for your sister.
Rakhi celebrates the spirit of affection and bond between a brother and a sister. By means of the celebration, a brother promises to protect his sister throughout life. Similarly, a health insurance policy provides coverage to protect the health of the policyholder all through life. Thus, if you are looking for Raksha Bandhan gifts for sister, nothing can be better than gifting a health plan to your dear sister on this Raksha Bandhan. This way, you can make sure to gift her the best of health and financial security for her life.
It is rightly said that ‘health is wealth’ because nothing is above your health. If you are healthy, you are happy. An unhealthy person cannot find happiness in anything despite having everything around.
So, let’s know more as to why you should gift a health insurance plan to your sister this Raksha Bandhan 2022.
If you start counting, you will find numerous reasons to gift a health policy to your sister on Rakhi, such as:
Here is a detailed list of benefits received under health insurance plans:
1. Cost of Hospitalization – Every health insurance plan offers coverage against the hospitalization cost that the insured has to incur if he/she goes through a medical emergency.
2. Day Care Procedure – There are many health conditions that can be treated in a hospital within 24 hours. The developments in the field of healthcare have made it possible. Thus, medical treatments for which the patient is not required to be hospitalized for more than 24 hours are termed as day care procedures. Most health insurance companies in India cover the cost of daycare procedures.
3. Cashless Hospitalisation Facility– Most health insurance policies offer cashless hospitalisation facility to the insured via network hospitals of the insurer. This makes the health insurance claim procedure quick and instant for the insured.
4. Cost of Room Rent – Most insurers allow the insured to avail coverage for the expenses incurred on room rent in case of hospitalisation. Some health policies allow total coverage of expenses, while there are others who allow coverage on a particular amount.
5. Domiciliary Expenses – Most health insurance policies cover domiciliary expenses where the insured person suffering from a disease or injury receives hospital-like treatment at home.
The above and many other expenses are covered under health insurance policies. However, the coverage option might differ as per policy and as per the sum insured chosen by the policyholder. Besides, health insurance policies provide coverage against many pre-existing diseases after the initial waiting period.
Also, it is recommended to buy health cover early on in life so that you can get more coverage by paying less premium.
Thus, if you gift a health plan to your small sister early on in her life, she will stay protected for life at minimum premium and it will portray your love and concern for her.
However, as a loving brother, it is advised that you should invest some time to check the policy coverage and its different features like exclusions etc., before finally buying a policy for your sister.
Since festivals call for investing money on gifts. It is always better to give something worthwhile that can last long and serve the best. Gifting a health insurance plan is a perfect option in this case and that is the reason more and more people these days are opting for insurance as a gift for different occasions including Raksha Bandhan gifts.
Make sure to understand policies and buy the best health policy to serve as the best gift for your sister on Raksha Bandhan. In case of any confusion regarding insurance plans and their features, you can seek guidance from the helpdesk/customer care of the insurer whom you are planning to buy the policy from. Or else you can ask someone who knows about the policies in and out.
Insurance, especially health insurance, is definitely the best gift for Raksha Bandhan. This is a gift that will give your sister protection for life against health emergencies. Explore a little to get the best health insurance and give your sister a perfect gift for life.
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