There are a number of Mediclaim policies that are available for Individuals? Discuss any two Mediclaim policies that you would prefer as an Individual and why?
Lot of individuals subscribe to mediclaim policies in the belief that they have adequate health insurance to address all health issues. This is not only inaccurate but might just prove a very costly oversight. Hence it is of utmost importance that we clearly understand the key features that differentiate mediclaim policies from health plans so as to opt for the best mediclaim policy in India for your family.
To be sure, mediclaim although a form of health insurance is far from adequate to cover the many illnesses and health conditions that have become so common given the stress and mishaps in everyday life.
The key feature of mediclaim is cover for hospitalization and treatment towards accident and pre-specified illnesses for a specific sum assured limit. The mediclaim premium is based on the sum assured.
The amount paid towards mediclaim premium for self/spouse/children provides tax exemption under section 80D for a maximum of Rs 15,000 with another Rs 15,000 benefit on premium of mediclaim policy for parents (Rs 20,000 if parents are senior citizens). Although, not advisable, mediclaim must not be taken for the tax benefit, else it degenerates into a tax saving investment, rather than a lifeline for yourself and your family.
Health Insurance
Some features of health insurance plans include:
Comprehensive critical illness cover – as many as 30 illnesses in certain plans
Discount on premium if
________ _____ ________ _______ _____ ____.
_________ ___ __________ ________ _________ _________ ____ ______ ______ __________ _______ ______.
_____ _______ _____ _____ ____ ___ ____ _________ __________ ____ ___ __________.
___ ________ ______ _______ ________ ___ _____ ________.
_________ ________ ______ ______ ________ ________ _____ __________ ___ ___.
__________ _______ ___ ______ __________ ______ ________ _____.
________ ________ _____ __________ ________.
_________ __________ _____ ______ ___.
__________ _______ ____ ______ _________ ____ _____ ____ _________ ____ _____ _______.
______ ________ _______ _________ __________ ___ ____ ____.
___ _________ ______ _________ ________.
_______ _________ ____ _______ ____.
__________ __________ _____ ________ _________ _____ ________ ______ ________ _____ ________.
______ ______ ____ _________ ________ _________.
__________ _______ ___ __________ ____.
_________ __________ __________ _____ _________ __________ ____ _______ ________ __________ _______.
_________ ___ _____ _________ ___ _______ _______ ________ ____.
_______ ___ ___ _____ ______ ______ ____ __________ _______ _____ ______ ______.
________ __________ ___ ___ ______.
________ _________ __________ __________ ________ ______ ___ ________ ________ ____ _______.
_______ _______ _______ __________ ___ __________ ______ ________ ______ ___ _______ __________.
________ ________ _______ _____ ____ ______ _________ _________ ______ ______.
_____ ________ ____ ___ ____ _____.
______ ___ ____ ______ __________ ______ ________.
__________ _________ _______ _____ ____ ________ ________ _______ ______.
___ ______ ____ ____ _________ _______ _____ ___ _______ ______.
_________ __________ _____ _____ _____ ______.
____ _______ ________ _______ ________ ________ _________ _______ _______ ___ ______.
______ ______ ______ __________ _______ ____ ______ _________ _____ ____ ______.
_____ _______ ____ _____ ______ _________ ____ __________ _____ ______ __________ __________.
__________ ____ ________ _____ ______ ___.
___ __________ ________ ________ ______.
______ ____ ______ ________ _________ ____.
_____ ________ _______ ______ ________ ____ _________.
_________ _____ _____ _______ _______ ______ ___ __________ ______ _____.
__________ _______ __________ __________ ____ _____ ________ ______ ________ _______ ______.
_____ ______ ____ ________ _________ __________ ________ ________ ___ ___ _________ __________.
_____ ________ ___ _________ __________.
____ _______ ___ _______ _______ ___ __________ _______ ________ __________ ___ _________.
_________ ___ ________ ___ ________ _______ __________ __________ ___ ________ _______ ____.
_________ ________ _______ __________ _____ _______ ______.
- Solved Assignments
- Study Notes
- Guess Papers
- Question Papers
✓ Unlock up to 60% of the answer
✓ No payment required