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    Need For Health Insurance

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    rejiibo
    The document discusses the need for health insurance in India. It notes that while Indians save for various life goals like children's education and marriage, they often do not adequately save for unexpected medical emergencies. Health insurance provides coverage for hospitalization costs from accidents or illnesses and guarantees access to medical care. It highlights some key benefits of a family floater health insurance plan from Royal Sundaram, including coverage for hospital expenses, pre-and post-hospitalization costs, ambulance charges, and tax benefits.

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    Need For Health Insurance

    Uploaded by

    rejiibo
    31 views3 pages
    The document discusses the need for health insurance in India. It notes that while Indians save for various life goals like children's education and marriage, they often do not adequately save for unexpected medical emergencies. Health insurance provides coverage for hospitalization costs from accidents or illnesses and guarantees access to medical care. It highlights some key benefits of a family floater health insurance plan from Royal Sundaram, including coverage for hospital expenses, pre-and post-hospitalization costs, ambulance charges, and tax benefits.

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    Need for Health Insurance

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    The document discusses the need for health insurance in India. It notes that while Indians save for various life goals like children's education and marriage, they often do not adequately save for unexpected medical emergencies. Health insurance provides coverage for hospitalization costs from accidents or illnesses and guarantees access to medical care. It highlights some key benefits of a family floater health insurance plan from Royal Sundaram, including coverage for hospital expenses, pre-and post-hospitalization costs, ambulance charges, and tax benefits.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    31 views3 pages

    Need For Health Insurance

    Uploaded by

    rejiibo
    The document discusses the need for health insurance in India. It notes that while Indians save for various life goals like children's education and marriage, they often do not adequately save for unexpected medical emergencies. Health insurance provides coverage for hospitalization costs from accidents or illnesses and guarantees access to medical care. It highlights some key benefits of a family floater health insurance plan from Royal Sundaram, including coverage for hospital expenses, pre-and post-hospitalization costs, ambulance charges, and tax benefits.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 3

    Need for Health Insurance

    Savings rate in India is 23.4% of GDP.


    We invest in Gold, Stocks / Shares, Real Estate, Bank / Post office Deposits. We save for Children Higher Education / Children Marriage / Travel & Leisure / Retirement Life But do we save for a possible Heart Attack or Cancer ?

    Can you arrange 2 to 2.5 lacs for a medical emergency at a short notice? Are your Stocks or Real Estate investments liquid enough? Can you divert Child education / marriage funds towards medical emergency ? If your answer is NO Why Health Insurance? Accidents and illnesss can happen without warning 25% of Indias health care expenses are covered by Government compared to 70% in the rest of the world. Cost of hospitalization is going up @15% pa and Health spending is at an all time high A guarantee that you and your family gets the best medical care available. For the first time AmSure brings you General Insurance A unique Health Insurance product developed exclusively for Amway Total Health Security for you and your family e...is a Family Floater policy Single premium payable for the entire family The amount of Sum Insured floats over the entire family No need to insure individual members separately No hassles of tracking multiple renewals you need Health Insurance

    Royal Sundaram is a JV between A UK based, Global Insurance player operating since 1710 in 130 countries, having more than 20 Mn customers. Established in India in 1825 Sundaram Finance Most respected NBFC in India, founded in 1954. Presently, having more than 160 branches in the country

    Advantages of A Family Floater! Floater

    Individual

    Not Flexible

    Flexible

    Separate policy documents for members

    Single document, single premium, single date to track

    Currently, not all plans annual in nature

    Floater plan available for one years.. so assured zero hassle renewal next year Benefits - Hospitalization Covers Hospital Expenses Cash less Hospitalization in more than 2200 approved hospitals across India Pre hospitalization and Post hospitalization 30 Days Prior & 60 Days Post Ambulance charges Rs 1,000 In case of an emergency Hospital Cash benefit - Rs 500 For every 24 hours in hospital Cash Recovery Benefit -

    Costlier

    Rs10,000 For hospital stay exceeding 21 days Other Benefits Income Tax Benefit For premium paid up to Rs.15000 & Rs.20,000 (senior citizen)
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