Insurance companies has catered to every need of their customers in the last decade. Hence, they have started introducing plans to suits the different needs of their customers.
Individual Health Insurance
Individual health insurance plans offer insurance protection with the below benefits.
- Cashless hospitalization
- Reimbursement of medical expenses
- Compensation for expenses for pre- and post-hospitalization expenses
- Coverage for home treatment and many more
Add Ones can also be taken with Individual health plans. This enhances basic health insurance coverage. The policyholder has to pay an extra amount besides the premium.
Group Health Insurance
Group health insurance is generally taken by the employers. This policy helps the employees to leave the concern about the health of their employees. The employees through their Medi-Claim policy can claim the expenses inured from the hospital itself.
This helps the employee to be more attached towards the organisation. As the employee doesn’t have to pay any premium directly.
Family Health Insurance
As the name suggests family health insurance is taken by an individual for his whole family. With this plan the policyholders pays a single premium and the sum assured becomes claimable for one person among the family.
If one person from the family faces illness, with the health insurance the particular person can claim the expenses with the health Insurance plan.