subject: How Health Insurance Helps You? [print this page] The whole and sole purpose of health insurance is to protect you financially whenever you fall ill or meet with any Accident/Mishap. In fact, whenever any one of you thinks about your illness or accident, the first thing comes in mind that is medical expense. In such a condition, if you do not have any health insurance then it will further empty your pocket and weaken your confidence. In many cases, most of the people are required to take a loan for the treatment; but if you have the insurance, you only need to concentrate on your health recovery from the illness and do not need to think about the expenses at all.
Since, there are various types of Health Insurance offered by several insurance companies, the returns and coverage of benefits also differ from plan to plan. Many companies define the insurance coverage in tiers. If you want more coverage then you need to pay more amount as the premium money. The mode of premium payments also varies it may be monthly, quarterly, biannually, or annually; it entirely depends upon your convenience and your wish as to which one you need to select. As per the plan you select, your premium amount also varies accordingly.
Besides, there are some other factors that may also affect your premium amount. For example if you have long record of good health and you have never ever affected by any life threatening disease, broken limbs and bones and any other health problem alike then your premium amount will lower in comparison to the people who might have received any one of them or combination of two or more illness mentioned above.
It ensures that your care will be taken effectively whenever you are sick or injured and it also lowers down your pocket expenses to pay for the health care. Therefore, Health Insurance is very important.
by: Tony
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