Although health insurance is fresh in India, awareness and demand are growing very fast. This indicates that Indian people are getting concerned about their health issues day by day. Medical emergencies are so sudden that it becomes very difficult to handle the situations both emotionally and economically. Thus California Small Business Health Insurance Plans have become a necessity for everybody. The rise in medical expenses is very quick and every day you get to hear price hike in some of the other medical commodities.
Advantage of buying a health insurance
In spite of all these facts, it has been observed that about 60% of the urban population do not have health insurance, while it is very depressing to know that almost 85% of the rural population do not entertain health insurance. Failure in the urgent arrangement of money for medical emergencies is a great reason because of which many people are devoid of good medical facilities. Everyone should acknowledge the importance of Health Insurance since it ensures safety and security against the unpredictability of life.
Another advantage of Health Insurance is that you can also get family cover. This policy is quite effective as the total sum covers all the family members, but the premium is paid just once. There are many benefits of health insurance policies, but it largely depends upon the policy you choose. It saves you from the risk of breaking down financially and immense financial losses. It also covers custodial and disability bills, and you can avail of relaxation in income tax mentioned in section 80 D under the Income Tax Act.
Some to name are Appollo DKV, Cholamandolam, Reliance, Tata AIG, Iffco Tokio, Future Generali and Bajaj Allianz. Before buying any insurance, it is highly recommended to read and clear out all the terms and conditions carefully.