Importance of Best Health Insurance Policy in India
As per Expert Insurance for every person in India, health insurance has become essential. It provides risk coverage against expenditure which is caused by the unpredicted medical crisis. Today, when the medical inflation rates are so high, failing to hold a sufficient health cover can prove expensive financially. However, the understanding of health insurance is on the rise in various cities in India. To get the best medical provisions without a financial stress, you will need a Best Health Insurance Policy in India. Buying a health cover is no longer a choice but has become a need. Hospital bills bring a big trouble even for the small conditions. Getting medical treatment for a critical illness costs you a big amount that will make the financial condition increase for you & your family. Due to the payment of ample medical bills, you will not be able to reach other financial objectives. Having a Best Health Insurance Policy in India will cover the medical bills, and you don’t need to pay from your pocket. Hence, it is important to have a health insurance.
Plan Today With List of Best Health Insurance Policy in India for You & Your Family
According to Expert Insurance, a Best Health Insurance Policy in India provides cover for the insured towards the hospitalization cost incurred. In the last few years, the term health insurance has touched the seventh sky with the new discoveries. Researches show that changes in the lifestyle of a normal human being make us vulnerable to exhaustion and sickness. The consequences of the same lead an individual towards the unfortunate health-related issues that cost high and treatment of the same creates a hole in the pocket of an individual. In such cases, a fruitful health insurance plan comes as rescuers. Usually, a health insurance company plays an important role when it comes to buying a Best Health Insurance Policy in India as everyone wants to get the best one within their budget which can suggest an extensive coverage. There is no doubt in saying that ‘Health is Wealth’ and it is highly important to protect you & your family health in advance so that you can easily fight against the unplanned medical crisis.
OUR SALIENT FEATURES
Waiver of Premium- This feature pays the premium of a policy if you become seriously sick or disabled.
Accelerated Benefit-This feature permits you to receive money advances against the benefit of your policy if you are diagnosed with a terminal ill health. Many folks with this profit use the money to assist obtain treatment and alternative expenses after they have solely a brief time to measure.
Guaranteed purchase Possibility- With this feature, you'll be able to purchase coverage at selected future dates or life events while not proving you are in healthiness.
Long-Term Care Riders- Some life merchandise embrace this selection, that permits you to use the profits of your policy to obtain long care in exchange for a reduced life benefit.
Spouse or Kid Term Riders-Life policies with this feature enable you to get term insurance for your relative or dependent kid, up to age twenty six. this selection are often a more cost-effective thanks to purchase coverage if you cannot afford separate policies.
Cash Price Plans- This kind of policy pays out upon your death and additionally accumulates price throughout your lifespan. You'll be able to use the money price as a tax-sheltered investment, as a fund from that you'll be able to borrow and use to pay the policy premiums later.
Mortgage Protection- This feature, usually found on term life policies, pays your mortgage if you die.
Cash Withdrawals and Loans- Several universal and whole life policies enable you to withdraw or borrow cash, victimization the money price of the policy as collateral. Interest rates tend to be comparatively low. You'll be able to additionally use the money price of your life policy to pay your premiums if you wish or need to prevent paying premiums for a amount of your time. You need to pay back the loan or your beneficiaries can receive a reduced benefit.
Survivor Support Services- Some life policies provide services that offer objective monetary and legal help to beneficiaries.
Employee Help Programs- This feature makes resources accessible to you for issues which will have an effect on your personal and business life. Resources are sometimes free and facilitate address problems like misuse, stress, marital status issues, legal considerations and major life events.
Eligibility Criteria (Only Salaried Can Apply)
Proof Of Income
Income Proof:Payslips, Bank Credit, Form 16
ID Proof: Passport/ Voter's ID Card / Driving License / PAN Card / Unique Identification Card / Identity Card issued by Central or State Goverment, Ministers of Statutory Bodies.
Address Proof: Passport / Latest Telephone Bill (Landline) / Latest Electricity Bill / Latest Bank Statement
Application Fee Charges
Fees & Charges are in the line with market norms and as per eligibility of specific cases. The interest rates for finance of auto are based on the following parameters:
- Borrower's profile;
- Geography of residence;
- Loan amount;
Q1. What is an EMI?
A. EMI stands for "Equated Monthly Installments". The installment comprises of principal and interest component. EMI provides you with ease and benefit of paying back your loan amount in over a period of time through fixed monthly payments.
Q2. What is repayment schedule?
A. . Repayment schedule provides the amount of each EMI, due dates and breakup between principal and interest components. It also provides the outstanding principal after realization of each EMI.
Q3. Are there any special schemes available for me?
A. Special schemes are available from time to time. You should get in touch with our representative to get suitable scheme.
Q4. I am an existing customer, can I apply for another loan?
A. Yes. However, any approval will be based on your eligibility criteria.
Q5. I have repaid my loan successfully. Can I get finance now?
A. Yes. If you have cleared your loan without any defaults, you could be eligible for a special scheme.
Q6. How long will it take to get a loan?
A. Your loan will be processed within 24 to 48 hours depending upon the documents submitted and subsequent verification.