Health insurance is an important aspect of financial planning as it covers medical expenses in case of hospitalisation, surgery, or accidents. With the rise of medical inflation, it is crucial to have adequate health insurance coverage to avoid financial distress. One such coverage option is a health insurance policy with a sum insured of up to Rs. 75 lakh.
In this article, we will discuss what a Rs. 75 lakh health insurance policy is, why you should choose it, and the benefits it offers.
What is a Rs. 75 lakh health insurance?
A Rs. 75 lakh health insurance policy is a type of health insurance policy that offers a sum insured of up to Rs. 75 lakh. Such policies cover medical expenses incurred in case of hospitalisation, surgery, or accidents. They may also cover the cost of COVID-19 hospitalisation, ICU charges, ambulance charges, and more. In addition, they offer several benefits such as cashless hospitalisation, pre- and post-hospitalisation expenses, and daycare procedures.
Why should one choose a Rs. 75 lakh health insurance?
Choosing a Rs. 75 lakh health insurance policy offers several benefits as it provides comprehensive coverage for a wide range of medical expenses. Here are some of the main reasons why you should opt for such health insurance policy:
- Extensive coverage: A Rs. 75 lakh health insurance plan provides comprehensive coverage, ensuring that a wide array of medical expenses, from hospitalisation to surgical procedures, is adequately addressed. This extensive coverage minimises the financial burden on the policyholder during medical crises.
- Financial security for critical illnesses: Critical illnesses often entail substantial medical expenses. A Rs. 75 lakh health insurance plan offers financial security by providing coverage for critical illnesses, allowing policyholders to access advanced and expensive treatments without worrying about the associated costs.
- Flexibility in choice of hospitals: With a higher coverage limit, policyholders have the flexibility to choose hospitals and healthcare facilities of their preference, including those that may have higher treatment costs. This ensures that they can access quality healthcare without compromise.
Benefits of health insurance with up to Rs. 75 lakh coverage
A Rs. 75 lakh health insurance policy provides several benefits, including:
• Hospitalisation expenses:
Covers room charges, doctor fees, nursing charges, and other related expenses during hospitalisation.
• Pre- and post-hospitalisation:
Extends coverage to pre- and post-hospitalisation expenses, including diagnostic tests, consultations, and medications.
• Daycare procedures:
Includes coverage for daycare procedures that do not require 24-hour hospitalisation.
• Critical illness coverage:
Offers financial protection against critical illnesses, covering expensive treatments and medications.
• Organ transplant expenses:
Addresses the high costs associated with organ transplants, including surgery and post-operative care.
• Maternity benefits:
Provides coverage for maternity expenses, including delivery costs and prenatal/postnatal care.
• Ambulance charges:
Covers ambulance charges, ensuring prompt and safe transportation during emergencies.
• No-claim bonus:
Rewards policyholders with a no-claim bonus for every claim-free year, reducing future premiums.
