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Hello Piyush, Thanks for writing in. Health insurance is a type of insurance that covers the medical expenses incurred by an individual in case of hospitalisation or sudden illness. The benefits of buying a health insurance plan include financial protection against medical costs, access to quality healthcare, and knowing that you are covered in a medical emergency. Some health insurance plans also offer benefits such as cashless hospitalisation, coverage for pre-existing conditions, and tax benefits under Section 80D of the Income Tax Act.
While some features may differ from plan to plan, some key terms and conditions for nearly all comprehensive health policies include:
1. All pre-existing diseases have to be declared at the time of submitting the proposal form to avoid rejection of claims in the future
2. The insurer may require you to go through tele- or physical medical tests based on your age and health condition
3. Across all health insurance policies, you must serve specific waiting periods (during which you cannot claim treatment for specified diseases). The waiting periods may differ slightly across plans.
You can find out more features and benefits of health insurance and check out various policies here: Health Insurance.
just want to understand my health insurance
Verified | ROHIT SHRIVASTAV | 03 Jul, 2025, 10:34 AMHello Rohit, Thanks for writing in. Health insurance is a type of insurance that covers the medical expenses incurred by an individual in case of hospitalisation or sudden illness. The benefits of buying a health insurance plan include financial protection against medical costs, access to quality healthcare, and knowing that you are covered in a medical emergency. Some health insurance plans also offer benefits such as cashless hospitalisation, coverage for pre-existing conditions, and tax benefits under Section 80D of the Income Tax Act.
While some features may differ from plan to plan, some key terms and conditions for nearly all comprehensive health policies include:
1. All pre-existing diseases have to be declared at the time of submitting the proposal form to avoid rejection of claims in the future
2. The insurer may require you to go through tele- or physical medical tests based on your age and health condition
3. Across all health insurance policies, you must serve specific waiting periods (during which you cannot claim treatment for specified diseases). The waiting periods may differ slightly across plans.
You can find out more features and benefits of health insurance and check out various policies here: Health Insurance.
Hello Gourish, Thanks for writing in. Health insurance is a type of insurance that covers the medical expenses incurred by an individual in case of hospitalisation or sudden illness. The benefits of buying a health insurance plan include financial protection against medical costs, access to quality healthcare, and knowing that you are covered in a medical emergency. Some health insurance plans also offer benefits such as cashless hospitalisation, coverage for pre-existing conditions, and tax benefits under Section 80D of the Income Tax Act.
While some features may differ from plan to plan, some key terms and conditions for nearly all comprehensive health policies include:
1. All pre-existing diseases have to be declared at the time of submitting the proposal form to avoid rejection of claims in the future
2. The insurer may require you to go through tele- or physical medical tests based on your age and health condition
3. Across all health insurance policies, you must serve specific waiting periods (during which you cannot claim treatment for specified diseases). The waiting periods may differ slightly across plans.
You can find out more features and benefits of health insurance and check out various policies here: Health Insurance.
