More than 80% of financial crisis arise due to medical emergencies. Thus, a medical insurance policy is necessary to protect financial health and not merely as a tax saving device. However, here are a number of factors that must be considered before and after purchasing a policy –
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
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An individual must always be careful before investing in a health insurance policy. It always pays to do a thorough market research and read the fine print carefully before taking a decision.