Health Insurance.

 Health insurance or medical insurance is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses. As with other types of insurance is risk among many individuals.

Health insurance is a type of insurance that covers medical expenses that arise due to an illness. These expenses could be related to hospitalisation costs, cost of medicines or doctor consultation fees.

Health insurance encompasses two types - Indemnity plans and Definite Benefit Plan. The indemnity plans are traditional health covers which cover hospitalization costs from the sum assured. Definite benefit plans offer lump sum payment on detection of illness. Indemnity plans further include: Individual.

Health insurance provides access to and financial protection against medical costs in the event of an accident, injury or diagnosis of a chronic illness that requires ongoing treatment by a specialist. Medical coverage also protects individuals who need immediate care for a broken leg, stroke or heart attack.

Types of Health Insurance:-

# Health maintenance organizations (HMOs)

# Exclusive provider organizations (EPOs)

# Point-of-service (POS) plans.

# Preferred provider organizations (PPOs)

Types of Health Insurance Plans Suitable For

@ Individual Health Insurance:          -Individual.

@ Family Health Insurance:                 -Entire Family- Self, Spouse, Children, and Parents.

@ Critical Illness Insurance:                  - Used for funding expensive treatments.

@ Senior Citizen Health Insurance:      - Citizens of age 65 and above

@ Top Up Health Insurance:                    - This insurance plan is beneficial when the sum insured of the existing policy gets exhausted.

@ Hospital Daily Cash:           -Daily hospital expenses:                  @ Personal Accident Insurance:       -It can be used in case of any loss or damage to the owner or driver.

@ Mediclaim:             - In-patient expenses

@ Group Health Insurance:              - For a group of employees.

@ Disease-Specific (M-Care, Corona Kavach, etc.):                      - Suitable for those who are suffering from pandemic-manifested conditions or prone to one.

@ ULIPs:                -  The dual benefit of insurance and