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Everyone advices you to take a health insurance, but do you know what it even is?
Health insurance is a type of insurance that covers medical expenses that arise due to an illness. These expenses could be related to hospitalisation costs, cost of medicines or doctor consultation fees.
Health insurance provides financial protection in case you have a serious accident or illness.
No matter your age, gender or shoe size, you need health insurance. Just like you need car insurance, in case anything happens to your vehicle, health insurance will cover you if you become sick or suffer an injury.
Not having a health insurance plan will lead to financial losses and eventually drain your savings. You will end up paying the bills by yourself, which you could otherwise let the insurance company pay for.
Watch the video to know more in detail
If you want to check out any particular areas of the video, feel free to forward to the below time-stamps.
00:00 - Introduction
00:38 - What is Health Insurance
02:58 - Why should one take Health Insurance
03:20 - Who should take Health Insurance?
03:40 - When one should take Health Insurance?
05:41- From Where Should I buy Health Insurance Plan?
08:33 - Corporate Health Plan
08:49 - Limitations of Corporate Health Plan
11:00 - Advantages of Corporate Health Plan
13:55 - Combo of Corporate Health Plan & Individual Health Plan
15:25 - Advantage of Health Insurance Plan
15:45 - Tax Deduction Benefit
17:23 - Should we include Senior Citizens in Family Floater Plan
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