What is individual health insurance?
When it comes to life, safety, security and assurance of the future is one of our top priorities. This is where Individual health Insurance comes into play.
In today’s world, it is important to understand the importance of having an insurance. Many complications are faced in availing medical treatments by the ones who do not take advantage of this product. We say health is wealth but the same health becomes a burden when we cannot afford the expenses to maintain it due to lack of insurance unlike those who have one. Having a personal insurance not only covers disability and long-term treatment but also helps you in being eligible for tax benefits.
The premise of an individual health insurance is that it separately defines cover for each member. It is targeted towards an individual rather than a group or an organization. It covers the health expenses of the insured individual.