Health Insurance Service
Get Price Quote
Health insurance is a contract between the insurer and the insured wherein the insurer agrees
to pay hospitalisation expenses to the extent of an agreed sum insured in the event of any
medical treatment arising out of an illness or an injury.
Healthcare in India has assumed great importance in recent times. Increased income, health
consciousness, price liberalisation and the introduction of private healthcare financing is
bringing the change.
Understanding health insurance policies
Insurance companies offer a wide variety of policies under health insurance. These range
from policies that cover the cost of doctors and hospitals to those that meet a specific need,
such as paying for long term care or specific illness like cancer or critical illness.
Several life insurance companies have of late entered into the health segment, which till
recently was dominated by general insurance companies. Some stand-alone health insurance
companies have also been set up to tap the vast potential of the health insurance in India.
A health insurance policy generally covers the basic costs in case of hospitalisation due to any
...more