Although medical insurance premium is an investment of sorts when seen from the lens of unanticipated probable medical costs that one has to incur in case of an emergency, there are numerous ways to expand the sum assured without burning a hole in the pocket.
While the medical insurance premium can be viewed as an investment against unforeseen medical costs during emergencies, there are several cost-effective ways to increase the sum assured.
A top-up plan can be purchased any time during the year, with deductibles applied on each claim or based on aggregate claims. Consider enhancing the sum assured in existing plans and insurers may offer this without fresh medical underwriting.
Most people are very concerned about Health Insurance Plan in today’s world since the medical expenses have rocketed sky high and are unavoidable and neither can