Mediclaim Policies

IDEAL MEDICLAIM INSURANCE POLICY

In the last couple of decades health care costs have witnessed a significant increase especially in the case of critical illness. In such cases of emergencies that involve huge expenses, you need a proper cover. This is even more important if you are salaried with only fixed access to big emergency expenses. There are other benefits as well. The premium to take health or medical insurance, for self or family also makes you eligible for tax benefits, deductions from income under Income Tax Act Section 80D. While the method of payment is concerned, the insurance company either pays directly to the hospital or it reimburses your expenses. Companies that provide mediclaim insurance policies also have a list of both illnesses they insure and institutions where the policy maybe availed of. Any one of several insurers provides reliable medical cover. Your choice should be based on the amount, the terms and the expediency of payment of the insured amount, as well as the reputation of the insurance company concerned.