November 05, 2024 13:25 (IST)
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Why Should Mr. Srinivasan opts for a Health Insurance Policy?

Meet 45-year old Mr. RajanSrinivasan, a factory manager at a food processing unit in Delhi. He has amonthly income of approximately Rs 75,000 with the expenses of a 6-member family, including his wife, two teenage children, and aged parents.

HEALTH INSURANCE AND ITS MAJOR BENEFITS

Health insurance is an investment to protect yourself and your family. Contrary to the common belief, a medical insurance policy is not an expense. Your policy covers your hospital cost if you suffer from a health disorder. There are various plans to cover your health risk that are flexible and can be customized. It is important to understand why you need a medical insurance policy from a fundamental perspective first.