Health Insurance is an insurance product which covers medical and surgical expenses of an insured individual. It reimburses the expenses incurred due to illness or injury or pays the care provider of the insured individual directly.
Need for Health Insurance
Medicare or medical costs are rising year on year. As a matter of fact, inflation in medicare is higher than inflation in food and other articles. While inflation in food and clothing is in single digits, medicare costs usually escalate in double digits.
For an individual who hasn’t saved that much money, arranging for funds at the eleventh hour can be a task. This is particularly daunting for seniors, given that most ailments strike at an advanced age.
One way to provide for health-related/medical emergencies is by taking health insurance. Health insurance offers considerable flexibility in terms of disease/ailment coverage. For instance, certain health insurance plans cover as many as 30 critical illnesses and over 80 surgical procedures. The insurance plan disburses the payment towards surgery/illness regardless of actual medical expenses. The policy continues even after the benefit payment on selected illnesses.
With health insurance, you are assured of a more secure future both health-wise and money-wise. This makes health insurance critical for individuals, especially if they are responsible for the financial well-being of the family.
P3 Investment Solution has tied up with ICICI Lombard and Star Health for health Insurance. These two insurance companies have a wide array of insurance products to suit the customer needs.
The following are the products on offer are:
Star Health Insurance
- Comprehensive Insurance
- Personal Accident Individual Insurance
- Senior Citizen Red Carpet Insurance
- Medi-classic Insurance
- Star Cardiac Care Insurance
- Family Health Optima Insurance
- Diabetics Safe Insurance Policy
- Cancer care gold
ICICI Lombard
Please click on the Insurance Schemes Name above for more details regarding the Schemes