Benefits of Health Insurance....
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Benefits of Health Insurance....
If you are taking care of all your expenses on your own then it is a wise decision to buy an individual health policy. Ideally you should look for the following benefits that these health policies give like:-
- It provides coverage for your hospitalization and medical bills
- It reduces saving huge amount of financial losses, risk of financial breakdown in case of expensive medical and post-illness care.
- It induces a sense of financial security to the insured & his family members.
- It also provides a monthly benefit to help maintain financial stability while you recover from a disability.
- You can also avail tax benefits on the premium paid under section 80D of the Income Tax Act.
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