In the present time, affordable and reliable healthcare is almost impossible to find in India. With the increasing cases of health disorders, hospitalisation has become common. At such a time, possessing the necessary financial support to deal with these emergencies can be difficult.
In some cases, inadequate funds can even lead to permanent damage or even death of the patient. Thus, medical expenses need to be covered under cashless medical insurance plans such as hospital cash cover.
What is a cashless medical insurance policy?
A cashless medical insurance policy covers your medical expenses due to any illness or injury. It protects you from financial strains and also enables you to avail required medical treatment in emergencies without thinking about the expenditures.
Benefits:
- Substantial sum insured
The sum insured amount available is sufficient to avail of quality medical treatment. With this insurance policy, you can cover most hospital-related services. Moreover, if you seek treatment at affiliate hospitals, the entire treatment would be covered cashlessly.
- Daily hospital cover
With such a policy, you are allowed to take advantage of a daily cash allocation up to a certain amount per day for everyday expenses if hospitalisation occurs. It also includes a daycare medical treatment for the insured individual.
- Affordability
A nominal premium amount ensures that such a plan is affordable. The monetary benefits far outweigh the policy premium payable. The payment for such a policy never feels like too much of a burden.
- Eligibility criteria:
Individuals can apply for hospital cash cover online and check the eligibility criteria for the policy before applying. These requirements differ from one financial company to another.
To sum up, if you want to be prepared for any medical emergencies you can opt for cashless medical insurance policies. It helps you to avail affordable medical assistance without compromising on the quality of care.
Also Read: Know About Various Cashless Health Insurance Plans
