There
is no doubt the cost of healthcare is on the rise. It is fast approaching a
stage where it may become too expensive to afford. Health insurance policies
are the ideal solution to help pay for expensive treatments. Health insurance provides protection against financial
adversities arising out of necessary medical treatment.
How it works
- You pay an annual premium in return for which you are covered for a certain
amount. If anything unfortunate was to happen to you, the insurance policy will
make sure your medical expenses are taken care of, within the limits of the
cover. This, of course, is the most basic advantage of
health insurance. Its other advantages would include things like comprehensive
financial protection for the whole family, covers for expenses like medical
checks etc.