Health insurance plan is a product offered by insurance companies that covers all costs related to medical expenses of the insured. This can be bought for an individual or for an entire family. The term of the plan is ideally fixed at one year and in some cases one can buy the plan for a term of two to three years as well. With health insurance plan in place, one gets entitled to adequate medical help in case of an emergency or in a pre-planned medical expense, without worrying about the financial costs.
Health Insurance is an important policy to have as it protects your health and provides financial security against medical emergencies. Whether you go for individual health insurance or claim insurance, there are certain conditions you need to fulfill which make you eligible for health insurance: