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Health Insurance Companies in India

Health Insurance Companies in India - In now days, Insurance sector is growing in tremendous graph. In the future as well, it is expected to reach at a high scale. earlier, there are only 2 major Insurance companies are leading in India - Life Insurance Corporation Of India (LIC) and General Insurance Corporation of India (GIC). Now, there 24 more Life Insurance and 24 General Insurance Companies leading and offering various and innovative products based on people needs. Most of the companies have entered in collaboration with International Firms.

These Life Insurance and General Insurance companies have come up with bunch of policies for every investor according to their needs, risk appetite, future goals and budget. Investors can also have option to select best 2 best policies according to their needs and budgets.

LCP.com is providing a list of General and Health Insurance companies based on policy fees, expert ratings, financial strength, credit ratings and other benefit factors.

Health Insurance Companies in India

  • LIC Jeevan Arogya Plan Health Insurance

What is Health Insurance?

Health Insurance is an insurance policy that ensures that you get cashless treatment or expense reimbursement, in case you fall ill. It is a contract between a general insurance company and one, which considers expenses incurred when availing treatment. However, the insurance company would pay for your treatment if the medical condition is covered by your policy. As per IRDAI, the premiums payable towards such an insurance policy have tax advantage under section 80D of Income Tax Act, 1961.

Individual Plans Cashless Hospitalization: Medical expenses are sky-rocketing! Get health insurance for your medical outlay. With cashless facility, stay tension-free and cure yourself faster. Approved by IRDAI, PolicyBazaar helps you compare and find the best plan.

  • Individual Health Insurance Plan from Top Insurers
  • Lowest Premium On Medical Insurance
  • Compare Policies Instantly

Importance of Health Insurance

There is no debating on the importance of having insurance in a country like India that ranks very low on human life index. Everyone must buy a good health plan that includes medical outlay, hospitalisation costs, medication and laboratory test costs, including critical illness. As is rightly said, “Health is wealth”, one must be prepared to manage such a situation in life. Don’t get confused with questions like – Which health policy to buy? Does this consider everything? What illnesses are excluded from this cover? PolicyBazaar is here to resolve all such confusions.

Just compare health insurance policies from top health insurers on our website and buy the best health plan. Let us know your basic requirements and we will find the best-suited health insurance quotes. You can, then, compare health insurance policies side by side, based on the parameters like health insurance cost; riders etc., and choose the best health insurance for self and/or your family members.

The treatment cost is getting way too expensive. Health insurance prevents a medical emergency from turning into a financial emergency. It makes sure that health care needs of one are taken care of without depleting one’s savings and compromising on one’s future goals. The contract of health insurance requires the provider to pay some or all of one’s health care costs in exchange of a periodic imbursement. Additional advantages of health insurance policies include regular health check-ups, cashless services, pre and post hospitalization expense reimbursement etc. Health insurance policies allow you save thousands on taxes under section 80D of Income Tax Act, 1961. The premiums paid towards the policy reduce your annual tax liability, thereby reducing your taxable earnings per year.