New India Insurance - You Should Never Avoid Purchasing a Health Insurance

Picture this – your financial plans as well as several years of careful savings has made it possible for you to purchase a brand new dream car. You are all set to go for it. However, as people say “everything is predestined and no one can fight destiny”, the day before the date you are supposed to purchase the car, you were rushed to a nursing home with severe pain in your chest. After a couple of days, the doctor said you are fine and can go home. On the billing counter, your wife cleared all the bills and you were discharged. Needless to say, but your hospitalization expenses have depleted your savings by that time, owing to the sheer hospitalization charges.

You should never ignore health insurance

While you were planning to buy a car, didn’t the thought of getting a health insurance from leading service providers, like new India insurance come to your mind? If it would have come, then you would not have to wipe out your savings like that.

It’s no more an imagination, but a bitter reality

Just like with the above mentioned imaginary scenario, rapidly growing cases of lifestyle related health conditions along with the steep medical expenses has projected people to be susceptible to unanticipated medical emergencies as well as related expenses. For reducing the financial risks following emergency hospitalization, getting health insurance cover has become very-very important.

Considerations to make

General insurance providers like new India insurance offer different types of health protection plans. However, considering the intricacies along with the diversity of diseases and covers, paying attention to what you are purchasing holds a lot of importance, especially if you are a first-time buyer.

The thumb rules to be considered at the time of policy purchase by the industry experts are given below. Take a quick look on them:

• The amount of sum to be insured – You should be aware of what you are searching for. It is also important to consider certain crucial parameters, like the size of your family, their present health status as well as future health concerns and requirements. Don’t forget to keep an account of the increasing cases of chronic health conditions and medical inflation as well. The amount of sum insured should be sufficient enough to cover the unforeseen medical expenses. Knowing your exact requirements would help you in finding an appropriate health insurance plan, like that of new India insurance, amidst the ample availability in the market.

• Choose a cover you are comfortable with – Before zeroing in on a policy, you should ask yourself – in a year, how much money you could afford to spend out of your pocket? Insurance policies are available in a wide range of options. You should always go for the one that would not make holes in your pocket.

• Do consider the extent of coverage – There are a number of people who prefer to purchase policies that ask for lesser premiums. However, such policies might not provide you with comprehensive coverage. So, think beyond the premiums.