Coronavirus pandemic prompted almost all the cities in India. If you are also among those millions of people who have lost their jobs due to COVID-19 lockdown, you should immediately opt for health insurance. It protects you and your family at the time of a medical emergency. You can get the best health care facilities without paying anything from your pocket. You only need to pay a premium, which is quite low if you compare it with hefty hospital bills. Medical insurance eliminates your fear to arrange money for hospitalization when you are out of your job. Here you can read how you can get affordable health insurance after a lay-off.
Look for Lesser Sum Insured
Considering your current financial state, you can choose the health policy with a lesser sum insured. Such health policies can give you basic coverage. They are available comparatively at a low premium. You do not need to get confused between a plethora of medical plans. You can opt for them, they at least serve you as a helping hand financially during a medical emergency.
Short-Term Health Insurance
Another way to secure yourself is to opt for a short-term health insurance policy. It is for a short duration maximum of up to 6 months. It offers the same benefits and coverage as long term health insurance. The premium of short-term health insurance is also less and easily affordable. It keeps you secure till the time you get the new job.
If you are a healthy soul and do not have any pre-existing diseases or medical history, you are eligible for some special discounts on premium subject to policy terms and conditions. Your good health reduces the burden of premium and makes health insurance affordable for you at the time of unemployment.
No Claim Bonus
Financial advisors opine that it takes the economy a long time to overcome from corona crisis. Under a health insurance policy, you can get no claim bonus benefit for every claim-free year. In this way, you can accumulate your sum insured with the same premium and use the coverage at the right time.
Follow the right hygiene practices, wash your hands regularly, eat healthy food, and do physical activities. Do not stress because of job loss, and try to search for another one online. These days companies are offering work from home options as well. If you stay healthy, you can buy individual health insurance at a low premium. It is so because you are less vulnerable to diseases, and your chances of hospitalization are also less. Therefore, you can use your health insurance during medical emergencies.
Corona pandemic is a turbulent time for all. But, health insurance is like the light at the end of the tunnel. You should do your work diligently and leave your health care worry to us. At Care Health Insurance (Formerly Religare Health Insurance), we offer Care- a comprehensive health insurance policy at a reasonable premium that covers your medical expenses and gives you a sigh of relief during your job crisis.