Do I Really Need Family Health Insurance?

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Do I Really Need Family Health Insurance?
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• With healthcare expenses skyrocketing in
  India, a family needs to be well-prepared for
  unexpected medical emergencies or
  hospitalisation. Choosing a family health
  insurance plan is a decision worth taking as
  there are only advantages in terms of financial
  security for an individual and his or her family.

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• A comprehensive type of insurance, the plan
  offers a combined coverage for the entire family,
  that is, for all the members under a single
  policy.
• More and more people in India are gradually
  realising the importance of having a health
  insurance plan for the family. The government of
  India, with its cost-effective healthcare
  schemes, as well as many private companies have
  come up with attractive health insurance plans to
  encourage individuals to opt for plans that suit
  their specific needs and budget. Alankit Limited
  comes with 25 years of experience in the
  industry-backed with sound market knowledge to
  offer the best family health plan.

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• Let us understand the major reasons for
  opting for a comprehensive health plan for your
  family
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• A customised plan A family health insurance plan
  meets the specific requirement of families and
  usually provides cover for a number of diseases,
  and could also be more than one time for one
  disease for all the members. The plan functions
  on a fixed sum ascertained for the policy and
  lets the family avail multiple claims for each
  person covered within the specified term of the
  plan.
• Rising healthcare costs As medical treatment
  costs are very high in India, people -whether
  salaried or self-employed, can greatly benefit
  from a family health plan. This is particularly
  true as far as charges for OPD consultation,
  hospitalisation, medicines and diagnostic tests
  are concerned.
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• Tax benefits Talking about financial benefits,
  availing a health plan for the family can be
  advantageous in terms of tax savings. Taxpaying
  individuals can avail benefits under section 80D
  of the Income Tax Act, 1961. Moreover, the plan,
  such as the one offered by Alankit Limited, turns
  out to be cheaper than individual plans because
  it can be availed at an accumulative premium cost
  for all the members at once.
• As experts say, it is always wise to
  safeguard your family with a good insurance plan
  beforehand and avoid a situation when a medical
  emergency could rather seem as the financial
  crisis.
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