Check, if you need Health Insurance?
Risk Meter
- High Risk
- Improvment
- Safe
Do you have Enough money in Bank Account?
Your savings, or the lack of them, is an important factor to decide whether or not you can afford an urgent medical procedure, at any point in your life. If you can afford a sudden medical expense easily, you may not require health insurance. But if a random hospitalization dents a hole in your savings, health insurance is a great option for you.
Health Care Rising costs
The importance of health insurance cannot stressed upon enough. The most important reason for the increasing need for health insurance is the rising costs of healthcare. There are a few scary health statistics given below:
Health care costs are rising 18% every year. So this pretty much means that a simple appendicitis procedure that costs Rs. 2,00,000 today in 2015, will end up costing Rs. 4,50,000 in just 5 years from now. A bypass surgery that costs Rs, 5,00,000 will cost Rs. 11,00,000 five years from now.
30% of the urban population suffers from hypertension and heart ailments. This population is at a huge risk of heart-related hospitalization. And this disturbing statistic can be attributed to the stressful lives we lead. Hence, practically everyone is at risk.
1 in every 10 person is a diabetic. So just by pure math, in India, roughly 13 crore people are diabetic, and are risk of complications that arise out of diabetes.
About 10 lakh people are diagnosed with cancer every year.
These spine chilling numbers have been a robust proof that the need for insurance is the most today. The benefits of health insurance include covering hospitalization costs that include room rent, doctor's visits, medicines etc., pre- and post-hospitalization costs, surgery costs, critical illness cover etc. You can insure you and your family at an even more affordable premium than you'd think.
Of course you don't need health insurance!
Yes, that is us being sarcastic. Life without medical insurance can get scarier and more morbid than you'd think.
We Agree it is confusing to buy insurance, but we can help there. We have Mahavir Chopra making a heartfelt attempt to you from the doom you're heading towards, by busting a few commonly believed myths. Mahavir heads the Health Insurance arm of Coverfox and has intricate knowledge on how things work in the insurance business. Hear it from the expert himself.
Why Coverfox?
It is a valid question and we would be more than happy to answer it for you. In fact, we have a few points as to why you should consider buying insurance from Coverfox:
• Coverfox has IRDA broker licence, and is dedicated to giving honest, unbiased quotes and opinions
• Our team has experts who have rich experience in the insurance industry. And the best part is that they are approachable at any point you need them.
• Coverfox offers post sales assistance. This means that whenever you need any assistance with anything after you buy the health insurance policy from us, we are there, including the potentially stressful claims procedure.
• Get a soft copy of your policy in your inbox within 10 minutes of purchase.
• We offer you a relationship manager who is your point of contact and will help you with your claims and endorsements for you.
