How Having Health Insurance can protect you against financial risks?


How Having Health Insurance can protect you against financial risks?

 An individual’s health is like the universe for him. By safeguarding your health you can protect your safeguard your overall well-being. In today’s time, everyone is at risk for getting a lifestyle disorder. Any sort of medical exigency can cost you heavy expenses. But, if you have a health insurance plan then need not worry about your financial risks.

A good health insurance plan covers hospitalization expenses, cashless treatment and annual health check-up. If you have a health insurance plan, then you will get the reimbursement for the  treatment and hospitalization expenses. It is essential to opt for a health insurance plan for your near and dear ones. Having health insurance is not only beneficial for yourself, but it is also beneficial for your family members. Having health insurance can save you from all these problems as health insurance protects you from financial risks.

>> Check: Why Having Health Insurance is Important for Financial Planning?

In this article, we will discuss the most effective benefits of having a health insurance plan.


In a health insurance plan, you can get reimbursement for pre and post hospitalization expenses up to the sum insured. You have to sumit the required documents to the claim management team within the specified time to get the hassle-free reimbursement.

Cashless hospitalization

Cashless hospitalization is one of the major benefits offered by health insurance policy. Imagine a situation, if someone in your family falls ill or meets with a sudden accident. If you do not have enough cash that moment, then you need to borrow  it to pay the hospital bills. In this facility, the patient can be hospitalized without depositing cash. The medical expenses will be covered under your health insurance plan. During emergency, cashless hospitalization is very convenient. Care Health Insurance is one such health insurance company that offers this facility.

No-claim bonus

It is an add-on cover under which the bonus is accumulated to the sum insured for every claim-free year. It encourages you to stay healthy and not to make claims every now and then. The best part about this facility is that it can be renewed and it is transferrable. Having this feature enables you to make savings. It is always a win-win situation for the insured.


There are a plethora of health insurance plans available to choose the right one can be daunting task. But, you can opt Care Health Insurance one of the most reputed health insurance companies in India that provides numerous health insurance plans depending on an individual’s needs.

We offer various indemnity products such as Care, Care Freedom, Super Mediclaim and Care Senior.

The occurrence of any unforeseen event cannot be prevented. Therefore, it is advisable to take a wise decision. Having a health insurance plan can help you to sail through a tough time.

>> Also Read Why you must create a Financial Plan for Maternity Leave?

Disclaimer: Please read the brochure and prospectus to know more about our health insurance plans cover as conditions may vary.

View Our Editorial Policy


+91 verified
Please enter a valid mobile number
Please enter a valid Full Name
I have read and agree to the Terms & Conditions
Please select terms and conditions
Get updates on WhatsApp

Articles By Category

Health Insurance Articles
Family Family
Senior Citizens Senior Citizens
Maternity Maternity
Surgery Surgery
Heart Heart
Tax & Investments Tax & Investments
Lifestyle Lifestyle
Awareness Days Awareness Days
Child Care Child Care
Money Saving Tips Money Saving Tips
Festive Days Festive Days
Covid-19 Covid-19
Travel Insurance Articles
International International
Student Student
Travel Tips Travel Tips
Visa Visa
Passport Passport
Insurance Guide
Health Health
Travel Travel

Secure Your Finances Now!

Get the best financial security with Care Health Insurance!


Reach for us at




whatApp Icon8860402452

Live Chat