One of the saddest thing that can happen to a sick person is to be broke. Health Insurance is important for 2 reasons: First, it helps you get the care you need when you need it. If you don't have health insurance or if your coverage lapses, you could end up going into debt because of medical bills. Second, insurance can protect your family from financial hardship if you cannot work anymore due to a critical illness, especially if you are the breadwinner. If you get sick and can no longer work, the health insurance proceeds can also be used to pay for your family’s monthly expenses. Make sure to include health insurance in your Insurance Portfolio. If you want to know your options, send me a message!
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Is health insurance an expense or an investment? If we take a 5-7 yr window, how many of us would say that they have not utilized their health insurance cover? Yet most of us would only have the insurance provided by our employer. We all know financially well-off, self-employed folks who can’t be convinced to ‘purchase’ health insurance. Thankfully they have the means to cover the medical expenses. But what about the low-mid income strata? In a large enough sample set of low-mid income respondents, 20% had to dip in their savings to cover medical expenses. Is health insurance equivalent to savings for them? https://lnkd.in/dkyFx_BN
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📍Before: Health insurance had an entry age limit of 65 years. 📍Now: Insurance is available to people of all ages, without restrictions. This change means: • Senior citizens can now get comprehensive health coverage at any age. • Everyone has equal access to health insurance, regardless of age. Why it matters: • More people can protect their health and finances. • Families have better options to insure all their members. If you or your loved ones were previously unable to get health insurance due to age, now is the time to reconsider your options. …….. At Pazcare, we believe it’s never too late to prioritize your health and financial security. Let’s make it happen together! 🤝 Check this out for more: https://lnkd.in/dQDQe3Bs #irdai #insurance #health #benefits
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Health insurance is no longer an option. It's a necessity. But what many people don't know is that it comes with benefits that you’re probably not aware of. Did you know that some health insurance plans offer services such as: - Free Annual Check-ups - Free Preventative Care - Free Health Risk Assessments - Discounted Gym Memberships - Free Counselling Services - Tax Benefits These perks help you stay healthy, so you can work harder and longer. Ask your insurance agent about these benefits and how you can make the most of them. Stay healthy and reap the rewards.
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Health insurance and critical illness insurance work hand in hand 🤝. While health insurance covers your medical bills, critical illness insurance gives YOU the funds 💸 to manage everything else—mortgages, bills, and expenses. Together, they provide the complete protection you need to stay secure in tough times. 🌟
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Do you need health insurance? 1. For most people, the question isn’t whether they need health insurance, it’s how much do they need, and how much can they afford. 2. A hospital visit can cost 10’s of thousands of dollars, which would be financially devastating for most people, and could send them seriously in debt if they had to pay all of it up front. 3. Employers often offer incredible discounts on health insurance, sometimes even passing 80% off. So you might only have to pay a couple thousand per year to protect yourself against potentially 10’s of thousands in hospital bills.
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When buying health insurance, make sure you completely avoid co-payments, room rent restrictions and disease wise sub-limits. You might have a few bucks, but it’s going to cost you a lot in the long run. So, make sure you refer to this easy to understand guide on what features to choose and which to avoid. And if you need any help navigating health insurance, DM me or comment ‘Interested’ for a FREE consultation. #joinditto
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Will your insurance pay you for not going to the office? Many people are not aware of the Convalescence Benefit in Health Insurance. If you are hospitalized, the insurance company will pay for your medical bills but what about loss of income during that period? This is also covered in Health Insurance. Here’s what you need to know: It compensates you for the loss of income while you are recovering and unable to work. This benefit is for the post-hospitalization stage. You have to read your policy terms carefully to find the capping on the amount. You will get this benefit if you are hospitalized for a certain time period which is generally 10 days or more. This differs from policy to policy. You have to dig into the fine print of your health insurance policy to take this benefit. If you want to get your policy reviewed, reach out to Insurance Genie at https://wa.me/9561517898 #healthinsurance #convalescencebenefit #insuranceadvisor
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#HealthInsuranceThe theoretical construct of protecting one's health and safeguarding wealth with Health Insurance gets ground reality jolt when actual claims are made and premiums paid Had a great conversation with Sanket Dhanorkar of ET on taking Health Insurance and I must say he has done a good job of covering various points..looking at the practical issues and what could be the solution needed But remember - Most financial advisors stay away from Health Insurance due to lower commissions - Insurance companies would be out of business if majority made actual claims on these policies So when you are taking a policy, always - read the fine print, declare habits and ailments truthfully and understand the cost benefit payoff with all the T&Cs https://lnkd.in/dvWkRc4Y
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Is your health insurance provided through your employer? Or are you stuck on marketplace and don’t know where to go? Are you wondering if there’s a cheaper option available? And I already KNOW 100% you’re sick of calling around to see what doctors take your insurance and settling for someone you have no idea about. And why are you getting bills in the mail for expenses you feel should have been covered or at least had benefits on. Message me today, to set up a call to find out how my plans help you reduce monthly premiums, gain exclusive PPO coverage to the best doctors and eliminate those costly doctor visits.
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Do you know what the magical system where you get to pay a small fortune every month for absolutely nothing—until something goes wrong is called? It's called Health Insurance ... Then it’s like, ‘Congratulations! You now owe a bigger fortune.’ It’s the only service where the reward for being responsible is... still paying more. Honestly, if health insurance were a subscription box, it’d be called ‘Surprise! Bankruptcy Edition.’ And if you find that your health insurance plan is like this, well, it’s time to call us and get it sorted out—like we’ve done for over 3,800 companies over the last 14 years. Because you deserve better than a bad deal dressed up as a benefit.
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