Despite having paid only fifty to sixty thousand in all you will be eligible to avail of services worth five lakhs.
With inflation at an all time high the prices of medical services have also escalated and these will continue to rise.
Some cover even critical illnesses like cancer and offer a separate double sum insured incase of diagnosis of specified critical illnesses.
Most insurance companies offer 24 hours cashless facility at a lot of hospitals.
Everything must be done to ensure that everyone, irrespective of their social standing or economic status, can avail of it.
With India’s burgeoning population it is becoming increasingly difficult for the government to provide public health care.
It seems like a criminal waste of money especially when you can think of a dozen other uses for it.
However insurance is not the rip off it appears to be.
Insurance protects you against an unfortunate incident, such as a car accident, or a major illness which might require you to be hospitalized for several months and in some cases require you to be operated on.
Both the cost of surgery and hospitalization are very expensive and more often than not more taxing than the illness itself.