Insuring Health Ensures Brighter Future
Most people do not take insurance policies seriously. In fact in some places people are still unaware off such policies available. In India the concept employed is quite new but growing at a rapid rate. Insuring your health is just a precautionary step pretty much necessary for sustaining our lives as well as our loved ones. This leads us to common question among ourselves. Why do we need it? Our life is filled with unexpected events happening around us both for our own good as well as our bad. The fact of unpredictability of the next minute can take away everything that belongs to us. One moment we might be very successful in life and the next moment losing everything and trying harder to sustain life itself. Such was the case of several people who got affected by natural disasters such as tsunamis and earthquakes etc. Much worse, in certain scenarios we might lose our lives itself. However imagine we met up with an accident and we barely have any savings for the treatment and this treatment is the key for our survival, how would you expect to pay back the cost for the treatment? Medical expenses are quite unexpected in life and pretty expensive one as well. Insuring our health rescues us at such scenarios. The concept is pretty simple. You insure your health for certain value based on the benefits you might get when you need it the most and you end up paying premium amount every month to keep your insurance active. When you undergo medical treatment for which the cause might be many, the insurance policy takes care of your medical expenses entirely. You donâ€™t need to go wipe out your whole savings for the payment and go bankrupt in the end nor do you need to take loan and repay them. The insurance industry has revolutionized the lives of many. They have evolved over the years and thus have paid rich dividends in terms of benefits for its clients. Initially not everyone could afford the policy as the monthly premiums were very high and unsustainable. The government in order to make it feasible for even the poor ones for whom good quality medical treatment as always turned out to be inadequate, have thus imposed laws on these firms and they in turn have come out very supportive and introduced several insurance policies or packages. Each package is unique and distinctive and has its own varying benefits. The premiums for these packages also vary quite significantly. The packages and its benefits varies with the service providers and there are several service providers competing the market today. Benefits of Insurance Policy: â€˘
Secures a better future for you and your family
Reduces risk of financial breakdown in case of an expensive medical and post illness care
Induces a sense of security
Provides financial security to the family
Covers hospitalization, medical, disability and custodial bills
You can avail for tax benefits on the premium paid for the policy
Age is never a barrier for getting a policy and the contract renewing policies are quite flexible.
Keywords: Anthem blue cross ca, Anthem blue cross, Group health insurance, Group health plans, blue shield group plans
Published on Apr 7, 2011
Most people do not take insurance policies seriously. In fact in some places people are still unaware off such policies available. In India...