A Health Insurance Plan helps you meet your medical expenses by offering financial assistance. It helps you keep your savings intact,which you could use in the future to materialize your dreams instead pay for medical bills. It is a financial security and also a tax savings tool as it helps you save tax upto ₹ 75,000 annually.
Save Tax with Health Insurance
Tax deduction based on medical insurance premium paid
Deduction on preventive health check-ups
Deduction on medical insurance premium payment for parents
Types of Health Insurance
Indemnity/Base Health Insurance Plan A health insurance plan, which pays for your medical expenses related to hospitalization on the basis of medical treatment expenses, is called an indemnity plan. This plan is also referred to as the base plan and is a must-have. With HDFC ERGO, my: health Suraksha is the most recommended indemnity base plan.
Top-up Health Insurance What if you have multiple health insurance plans like a personal base plan or an employee health insurance plan and wish to just get the additional sum insured at a low premium then a super top-up plan. Our my: health Medisure Super-Top up is the right top-up plan.
Lump-sum benefit based Health Insurance Plan The medical treatment cost for life-threatening diseases is way too much as one life-threatening disease is enough to shatter your life long savings. Hence, a benefit based plan pays you for critical illnesses in one go so you don’t have to make claims every time you pay for medical expenses. Get a critical illness cover to protect huge medical expenses.