Do you know this health insurance policy option that covers your family for Rs. 1 Crore?So i think you also want to get ready for this.Are you willing to opt this cover to ensure that your family of 4 is 100% financially secure, in case a medical emergency occurs in the future?Don’t worry! Before you give a green signal to this Rs. 1 Crore family health insurance policy, evaluate whether or not it is really an ideal option for you and worth all the efforts?While family health insurance of Rs. 1 Crore may be an ideal solution for high net worth individuals, the fact is that it may not be the perfect health cover for you.
How to Avoid It- “Family health insurance of Rs. 1 Crore is the best cover for your family members and well wisher present, however, after a certain amount of time it will become a money loss to you. There will be nothing wrong if you choose a high health insurance cover for your required person.
But give it a thought while keeping the premium amount in mind. Do you think you will be able to pay approximately Rs. 50,000 or more premium on a yearly basis, without compromising on your basic requirements as well as the quality of life?If still in the thought that you will be able to handle the premium cost with your income that increases with age, think again! Don’t forget that your health insurance policy premium too will increase with your age.It is advisable that if you consider yourself as a common man, be realistic about the health insurance cover you actually need and the amount of policy premium you will be able to afford. Moreover, invest in a health insurance policy that covers you for most of the risks without demanding too much premium in return.
Mother’s day 2020 is auspicious day around the globe And every year on this day, you offer your mother a special gift, like sending her flowers, taking her out for a meal and buying her a gold and other expensive gift. But what about this year? Will you let the mother’s day pass without celebrating it […]
In these days of financial inclusion where every investment and cost-cutting counts as the required mode of monetary assistance, it is very essential that clear financial planning must be done. This ensures that a stable and strong corpus is created for meeting the requirements as and when they arise. One of the prime areas of […]
Life insurance policy of New Jeevan Anand Plan is a participating non-linked plan which offers an reasonable and beneficiary combination of protection and savings. This combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of full amount at the end of the selected policy term in case […]
