UNDERSTAND INDIAN MIND SET

Health insurance is important part of financial planning of every person. Unfortunately it is most ignored due to reactive attitude of the person. We should be pro-active in buying health insurance because when we want it we may not get it.

We are very good at solving the problem when it occurs but we are not ready to become proactive and buy health insurance. We are very good at analysis and comparison but too much analysis of cost of premium leads to decision paralysis. When our nearest friend is hospitalized we carry fruits and coconut water for him but we NEVER carry cash. When we see our nearest friend/relative is struggling to meet health care treatment expenses in hospital we never visit him. This is hard fact of life.

Importance of having your Own Health Insurance Policy

1. Private jobs these days are most unsecured. Do not depend on Company provided Health Insurance.
2. There may be long gap in 2 jobs
3. 98% people do not get time to exercise due to heavy work schedule
4. Stress level are ever increasing.
5. Friends and relatives are for parties and not for financial calamities.
6. Cost of health treatment is going up 10% to 20% CAGR.
7. Your medical emergency should not result in your financial emergency.
8. One single incidence of health expenses can wipe off your entire life savings.
9. We only think of health insurance when we go through worst health care expense or when we see others trauma what happens when one does not have health insurance.
10. Last but not least you can get tax exemption under section 80 D

Benefits

1. No Disease Sub-limit
2. No Capping on Room Rent
3. Pre and Post Hospitalization 60 and 180 Days
4. PED Cover after  Years3
5. Dependent Child covered up-to age 25
6. Life Long Renewal
7. Sum Insured Rebound
8. Smooth Cash Less Settlement through more than 10,000 hospital across India.