Insurance-Health insurance plan

Health insurance is assurance that pays for health operating cost. It is from time to time used more
broadly to include insurance covering disability or long-standing nursing or custodial care requirements. It may be provide during a government-sponsored social indemnity program, or from private insurance companies. It may be purchased on a group base. In every case, the covered group pays premiums or taxes to help protect themselves from astonishing healthcare expenses. comparable benefits paying for medical expenses may also be provided through social promote programs fund by the government.
Today’s lifestyles of individuals are such that they put up with from pressure on regular basis. The long hours at the place of work, insufficient or very little work out, and improper go on a diet weakens the immune systems to such an extent that people are at an increased risk of contracting various illnesses. Illnesses for example obesity, heart attacks, and high blood pressure are quite common these days among young people especially those living in metropolitan areas. Thus, heath insurance has become more and more a necessity today.

Max New York Life offers various Health Plans have been designed to take into account the diverse set of needs at times of an individual’s in poor health. They cover you against various illnesses and assurance financial security should you ever require any kind of treatment. Max New York Life’s Lifeline-MediCashâ„¢ health Insurance plan provides you support by giving you hospital cash benefit, whenever you are hospitalized. Through this plan you will get a fixed benefit towards hospitalization, ICU and recuperation (post hospitalization).

Benefitis
·Cashless hospitalization available in over 4000+ network hospitals across the country Fixed daily
hospitalization benefit available irrespective of amount of actual billing.
·Benefits are payable in addition to any other health insurance cover that you may have with us or any other insurer.
·The premiums are guaranteed for five years from the effective date. After five years, the Company may revise the premium rates based upon the actual review of the claims experience subject to prior approval of IRDA.
·Guaranteed Long-Term coverage for 10 years subject to payment of premium made by you.
·Premium discount incase policy is claim-free for first 5 years.
·Tax benefit on the premium paid upto Rs.15, 000 under section 80 D of the Income Tax Act.

Author: deepa700
Source: articlerich.com