Health insurance is very important for everyone for their future. It is one of the essential things people should look into. At this time, where viruses and infections are spreading like fire, having health insurance is essential for old people. People who are adventure lovers and are into adventure sports must get their insurance done. For getting the best insurance policy, go through the insurance benefits of all the governmental and non-governmental agencies near you.
Before getting health insurance done, you must find out all the details of the insurance. Investing a huge amount of money for a lengthy period of time for your own benefits is great only when you can utilize the benefits in its best way possible. Critical illnesses like cancer, stroke, heart attack or paralysis cost a bulky amount to cure. It is a long process of curing, and years after years, you have to spend money to be stable, and thus the CI plan is introduced.
What are the major illnesses that the CI health insurance covers?
The major illnesses that insurance covers vary from 8 to 20 major critical illnesses. It varies from insurance company to company. The major illnesses are usually cancer, heart attack, stroke, kidney failure, coronary artery bypass surgery, heart valve replacement, paralysis, major organ transplantation and some other diseases that the agency thinks needs insurance. The coverage that they provide starts from 1 lakh and goes up to an amount closer to your expenses. With the aping of the Western lifestyle, we are falling prey to many diseases and sometimes incurable diseases. It is estimated from several global and domestic organizations that one out of four Indians are prone to cardiovascular ailments or have the risk of dying from non-communicable diseases. Cancer has become one of the most common diseases which people inherit before the age of 70.
How do I find out the best CI health insurance company?
When you are sick or have an accident, be it any agency bound to grant you your money. When you are critically ill in Singapore, you must seek the best early critical illness insurance in Singapore, even if it is at an early stage of maturing. You must use the money wisely. The companies which offer the best insurance policies are the most renowned. But you must also go through their terms and conditions thoroughly before putting in your money on an autonomous body. Know about the company and its reputation in the market before investing in anything. A critical illness plan gives you a huge amount of money when you catch serious diseases, and it is different from a Mediclaim. It pays for your full treatment and also recuperation expenses; it gives you the full amount of money you insured so that you can cure completely without worrying about the expenses.
Why do we need CI health insurance?
With the drastic change in our lifestyle and food habits, our body gets affected by unknown diseases very easily. Maintaining a healthy and balanced diet, having a good 7 hours of sleep and exercising daily is what keeps the ailments away from your body. You may be able to prevent dangerous diseases if you follow these three simple steps. But then some illnesses are hereditary as well, which develops from your previous generations as you grow. These diseases will require a whole lot of your income, as these is highly expensive treatments. Thus you should have critical illness health insurance for these major illnesses.
Which are the insurance plans I can look for in Singapore?
You must buy a Critical Illness plan as early in your career as you can. If you have critical illness insurance from an early age, you have fewer health risks, and you also do not have to worry in the wee days of your life about money and your health. With the change in lifestyle and the increasing pressure of work, people are prone to have heart attacks at a very early age.
Thus to prevent threatening situations, one should buy insurance at an early age. MoneyIQ maid insurance in Singapore is for the people who want to save their worker’s possessions. They usually do not have high claims except for their possessions. They just want coverage for a number of their medical treatments. It offers the highest coverage for domestic workers and gives a high price that no one else in the market will offer.
How will the critical illness insurance plan be helpful for me?
These insurance plans are definite, and you do not have to nag the insurance company for more money; they give you the full amount you have insured. It gives you a definite and fixed payout. Treatment of these critical illnesses will require you to break existing investments and FDs from the banks or make you borrow from your friends and family as they will cost you lakhs. But if you have Critical illness insurance done, you will not have to adopt such means. As it is, the potential for earning money also decreases in a person if he is affected by these chronic diseases. Thus, if you are thinking about your future and all the other factors like medical inflation, keeping in mind your family diseases, you should get the insurance done now.
Final Words
Health insurance, especially when you are critically ill, is the most needed thing. You may not have cash in bulk, but a good health insurance company will grant you your money when you are in need. But, only after finding out your health conditions. They will verify the papers, documents and prescriptions to find out if you really require the money and, if yes, how much is required. They grant you the money and help you to get treated faster. Now that you know about the critical illness health insurance policies in Singapore hurry up! Get your health insurance now, and secure you and your family’s future.
