Health & Term Insurance
Health Insurance
What is Health Insurance?
Health insurance provides financial protection against unforeseen and substantial medical expenses. In the event that the policyholder or any family member covered under the policy requires hospitalization, the insurance provider bears the cost of medical treatment up to the specified coverage limit, referred to as the sum insured.
Typically, covered medical expenses encompass room charges, physician consultation fees, surgical expenses, nursing care, medications, and diagnostic investigations such as X-rays, electrocardiograms (ECGs), magnetic resonance imaging (MRIs), blood tests, oxygen therapy, and other related costs. These benefits are generally applicable to hospitalizations of 24 hours or longer.
Health Insurance Benefits
- Financial Protection 💰
- Covers high medical expenses
- Limits out-of-pocket spending
- Room charges
- Doctor’s consultation fees
- Surgery & nursing care
- Blood tests, X-rays, ECG, MRI
- Oxygen therapy & other treatments
- Peace of Mind 🧘
- Reduces stress during medical emergencies
- Ensures timely and proper treatment
- Protects spouse, children, and dependents
- Single policy covers multiple members
- Preventive health check-ups
- Ambulance services
- Health consultations and wellness programs
Term Insurance
What is Term Insurance?
Term life insurance is a pure protection policy. In the event of the insured person’s death during the policy term, the nominee receives the entire sum assured in a lump sum.
Term insurance is highly cost-effective, simple to understand, and requires the payment of a fixed premium throughout the policy duration.
Term Life Insurance Benefits:
- Financial Security for Nominee 👨👩👧👦
- Provides a lump sum payout to the nominee in case of the insured’s death
- Focuses solely on life coverage without investment components
- Extremely affordable compared to other life insurance types
- Fixed Premium 📅
- Premium remains the same throughout the policy term
- Clear terms and uncomplicated structure
- No complex investment or market-linked calculations
- Ensures financial stability for loved ones in your absence
Disclaimer
Insurance is a subject matter of solicitation. The information provided in this website cannot substitute for the advice of a licensed professional. The information and data provided on this website is of a general nature and strictly for informational purposes.
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