Health Insurance is a type of insurance that offers medical coverage against medical expenses at the time of health emergency. A health insurance plan covers financial assistance to the policyholder to pay hospitalization expenses like critical illness benefits. As per the Income Tax Act, 1961, the Health policy holder can avail tax benefits on a health insurance plan.
The reasons behind to buy a Health insurance plan are as follows :-
Medical inflation is increasing day by day, making treatments so expensive. In case if you get hospitalized for any dangerous disease, you may end up losing all your money savings. There only health insurance policy will help you to afford quality medical treatment during a health emergency. Check below some of the top reasons to buy a health insurance plan.