Individuals working in the private sector are now covered by corporate health insurance. We have a general perception that when there is a corporate health insurance plan, then there is no need to take a personal health insurance policy. Some people believe that doing so is wasteful. But, his assumption is not correct. Financial advisors say that having personal insurance is very important.
According to a media report , corporate group health insurance plans sometimes have such conditions, which not everyone can fulfill and they do not get the full benefits of group health insurance. Apart from this, the sum assured is also very less in most of the group health insurance policies. Many times it happens that a lot is spent on the treatment of a person’s disease. In that case, he has to pay a lot of money from his own pocket.
Do not worry about low sum assured, nowadays lakhs of rupees are spent in the treatment of some serious diseases. In the treatment of Kovid-19 itself, many people have given ten lakh rupees to the hospitals. Therefore, in such a situation, a personal insurance plan is very useful, as the sum assured is very high in it and the entire cost of hospitalization can be paid by it.
Benefit of No Claim Bonus
If an employee takes a personal health insurance plan, then he can also get a no claim bonus offer. If you have a group health policy, you can use it for small claims. If you do not claim any amount, then you get a rebate in premium for the next year. This discount ranges from 10 to 50 percent.
Get it Hurry It is good to take a health insurance personal insurance plan early. The reason for this is that nowadays many insurance companies refuse to take health insurance for people who have had a serious illness or have had any major surgery. Problems like diabetes, spinal cord diseases and kidney stones can occur at any time. That’s why personal health insurance should be done soon. It lasts a lifetime and can be renewed every year.
