Benefits of Health Insurance....

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Benefits of Health Insurance....

Post by jiten702 on Thu Oct 07 2010, 13:55

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.

jiten702
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