Why is it necessary to take Health Insurance? Keep these special things in mind before buying |Jagran Business

Health insurance has become a big necessity in today's time. Actually, this is the type of insurance that you can claim for your medical and surgical expenses. Simply put, the expenses for hospitalization and medicines during illness will not come from your pocket. The insurance company will bear this entire cost according to your policy. This is, in fact, a guarantee from the insurance company to bear the heavy expenses that occur when the policyholder falls ill or is hospitalized due to an accident. 

How taking health insurance can prove beneficial for you and your family. If you are an insured, you can avail cashless treatment while the insurance policy also covers pre and post hospitalization charges up to a period of 60 days depending on the insurance plans purchased. It also covers the cost of an ambulance for the transportation of the insured. The insurance policy also provides the option of health check-up. At the same time, the premium paid under it is tax deductible under section 80D of the Income Tax Act.