Sports injuries are a common occurrence for everyone participating in sports or fitness activities. This can definitely cost you a lot, depending on the damage and the course of therapy.
Here are a few typical sports and gym injuries:
- Ligament rips
- Sprains of the muscles
- Pulls on muscles
- Displaced bones and joints
- Injury to the knee
- Tendon damage
Does health insurance cover gym injuries?
Anybody leading an active lifestyle is susceptible to injury. These sports injuries can occur while playing tennis, cycling, swimming, strength training, the gym, or any other activity. However, the extra fee might result in significant financial outlays, and you could even find it challenging to keep up your exercise regimen while battling these costs. You or anybody else should not let this deter you from achieving your fitness objectives.
Fortunately, a lot of medical insurance plans pay for injuries connected to sports and fitness. You may readily claim compensation for many of these ailments because of clearly defined exclusions and established criteria. It is crucial to understand the exclusions of your health insurance coverage, though.
Numerous health insurance providers in India provide hospitalisation coverage for sports-related injuries. Specific injuries sustained in sports will even be covered by several personal accident or critical sickness insurance policies.
Key Points to remember before purchasing a policy
Keep the following points in mind before purchasing any type of health insurance policy:
Sports injuries brought on by drug usage or drunkenness are not covered.
The majority of insurance companies do not cover common, everyday ailments like sprains.
Specific health insurance policies do not cover certain sports, such as racing, cliff diving, hunting, and adrenaline-air sports.
Many insurance companies do not pay for injuries received in unlicensed or unauthorised fitness facilities.
Regular medical insurance does not cover injuries sustained during intramural sports competitions; specialised sports insurance coverage does.
Accidents resulting from unlawful behaviour are not going to be covered.
The majority of health insurance plans do not pay for any surgery classified as cosmetic.
Eligibility criteria for gym injuries health insurance
Requirements to qualify for a gym injury insurance coverage include:
- You have to be between the ages of 18 and 70.
Popular Health insurance policies for gym injuries
Following are some typical health insurance provided for gym injuries:
Policy for ACKO Health Insurance
The "ACKO Health Insurance Policy ," a 1 Cr. amount covered health insurance plan, was introduced by ACKO in February 2022. This plan offers a number of unique benefits, such as no waiting period, no room rent cap, no deductions at the time of claims, and many more. Additionally, unlike standard health insurance policies, ACKO's plan includes accidental injuries connected to sports coverage.
Tax saving benefits
In an emergency, health insurance is essential for helping us control our medical expenses. The Indian government is now offering tax incentives for health insurance purchases in an effort to promote the purchase of such policies. The Income Tax Act of 1961's Section 80D allows for tax advantages to be obtained for the premiums paid while purchasing health insurance.
Bajaj Markets Health insurance for gym injuries
To meet their fitness objectives and maintain their health, people spend a lot of time at the gym. But it's impossible to ignore the possibility of accidents and injuries from exercising. If you frequent the gym, you are aware of the risks of injury and how it can hinder your everyday activities and leave you bedridden for several months. Additionally, the costs of mediation physiotherapies may put a strain on you financially.
Therefore, in order to safeguard your cash and receive the appropriate care, you should choose a gym injury insurance plan. These kinds of injuries are not covered by traditional health insurance policies. But for just Rs. 499, you can simply get a gym injury insurance plan from Bajaj Markets and receive financial support.
The nominal premium
- The cost of gym insurance is quite reasonable because there is a membership fee of Rs. 499 to use the injury insurance coverage.
- This is possibly the most alluring feature of gym injury insurance. Up to Rs. 2 lakhs in financial support will be given to you.
Accidental injury is a possibility whether you play sports or exercise frequently. It is critical to receive emergency medical attention in these circumstances. You will get more worried during these times if you panic or consider how much care will cost. Purchasing health insurance coverage in advance is crucial since it will protect your finances in the event of an emergency.