About Health Insurance
Health Insurance is the way to keep yourself insulated against the huge expenses that are incurred when you or your near one gets struck by some disease or major illness. The policy either covers your hospitalization expenses or it can also provide you with the cover against some critical diseases (no hospitalization required). Health Insurance usually also provides you with Tax benefits under Section 80D. Health Insurance is usually available in 4 different types:
This policy covers your hospitalization expenses - things like bed and room charges, fees charged by doctors and surgeons, operation theatre and other equipment charges, Tests conducted like XRay, Sonography, CT Scan etc. and charges incurred for medication.
Some insurance providers also provide you a Cashless facility where if your admission to the hospital is a planned one, then the insurance company directly pays for all your hospitalization expenses.
loss of income due to absence from work.