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Health Insurance


Protect your tomorrow! In today’s competitive and stressed world, it is easy for any individual to fall sick or diagnosed with critical ailments. The unpredictable hospital expenses may worry many especially those who are not financially sound and have a low-paying job. For such individuals, a Health Insurance policy acts as a life saver. A health insurance policy is very popular among the masses and therefore is offered by almost all insurance companies in UK.

The rising medical expenses in UK have made people to bank on health insurance plans. Although, the Health Insurance premium too have increased over they years but they still are a better proposition to cover your health related expenditures. A typical health insurance plan generally covers hospital expenses, expenditure on medicines etc., but depending on the insurance policy there are many riders which are provided by insurance companies. Many companies also offer critical illness rider wherein the insurance provider will pay you an assured amount in the event of you being diagnosed with critical diseases like cancer, brain tumour, stroke, heart attack etc. As the treatment of such severe ailments is very expensive therefore you are advised to adequately cover yourself.

As with other insurance plans, you have to pay a fixed premium to avail the benefits of a Health Insurance plan. The premium amount depends on your age and your medical history. An insurance company may ask you to go for a medical examination under their recognized doctor or may ask you to submit a proof of your health condition before deciding on the riders and insurance amount. The insurance amount increases with the age of the policy holder. To make a claim for the insurance, you need to submit the report of your diagnosis and the expenses incurred during hospitalization. Upon verification, the insurance company will pay you the amount assured.

To get a low cost Health Insurance plan, you need to shop around and get in touch with many insurance companies. You can also contact agents and brokers of the insurance company who will provide you with sufficient information on their products and their costs. There are many financial firms who work for many insurance companies. By getting in touch with such firms, you can get information on the products of many insurance providers. There are also insurance comparison websites which can be visited to select a health insurance plan which best suits you.

Before signing on the deal, make sure that you understand all the benefits and provisions associated with your insurance plan. Also, do check out the various riders included in your insurance plan. As said earlier, be doubly sure about the various costs involved and get yourself adequate insurance cover.