*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
India is a country where people are not provided any state run health insurance programs rather people have to shell out money from their own pockets to buy health insurance policies in India. We all know that healthcare including medical treatments are getting expensive day by day and any contingency can cause us financial setback. So, in order to secure our future and to protect us from any financial disharmony, health insurance becomes a necessity.
Health insurance in India has a very low penetration which is weak point for our society. But now government of the country wants to raise the bar by providing health insurance to all the people who are not tax payers in the eyes of law. As tax payers can help themselves by getting appropriate health insurance policies to get protection against any critical illness or any other kind of medical contingency. Health insurance program introduced by the government will ensure people falling under every economic group are covered with health insurance.
Health insurance companies in the country have been advised to provide health insurance products meeting demand from every people falling under different economic classes such as lower income class and middle class families. Health insurance scheme covering people below poverty line has been target at 90 percent for most of the states. Health insurance companies have been advised to increase the penetration of health insurance schemes in order to cover maximum people under below poverty line.
Health insurance in India can be bought through several channels. An individual can purchase health insurance plan through direct agents by visiting premises of the health insurance company while it can also be purchased online through insurance aggregators and preferred provider website. Online mode of buying health insurance policy is considered the easiest way as you can apply for health insurance scheme online with the help of internet. You are not required to provide physical hard copies of the documents rather they can be provided online. An individual must make comparison of the various health insurance policies offered by different health insurance companies in order to choose the best policy meeting your insurance motives.