Health Insurance
Protect Yourself and Your Family
What is Health Insurance?
Health Insurance is a policy where you pay a fixed premium to an insurance company. In return, the company helps cover your medical costs if you fall sick, get injured, or need hospitalization. Depending on the plan, it may also cover regular check-ups, surgeries, and even preventive care.
Types of Health Insurance Plans Offered by Novasure
Individual Health Insurance
Covers medical expenses of a single individual.
Critical Illness Insurance
Provides lump-sum payout on diagnosis of serious illnesses like cancer or heart disease.
Family Floater Health Insurance
One policy covers your entire family under a single sum insured.
Senior Citizen Health Insurance
Specially designed plans for people above 60 years with enhanced medical coverage.
Top-Up & Super Top-Up Plans
Enhances your existing health insurance coverage at a lower cost.
FAQs
Why Health Insurance Is Important
Medical emergencies are unpredictable. Health insurance provides financial security when you need it the most.
Key Benefits of Health Insurance
- Coverage for hospitalization and medical expenses
- Cashless treatment at network hospitals
- Protection against rising healthcare costs
- Coverage for entire family under one plan
- Peace of mind during medical emergencies
What Does Health Insurance Cover?
Health insurance typically covers:
- In-patient hospitalization expenses
- Pre and post-hospitalization costs
- Daycare procedures
- Ambulance charges
- Organ donor expenses (as per policy terms)
Coverage may vary based on the insurer and plan.
What Is Not Covered?
Common exclusions include:
- Cosmetic treatments
- Self-inflicted injuries
- Non-medical expenses
- Treatments during waiting period
Understanding exclusions is important before selecting a policy.
Waiting Period in Health Insurance
Most health insurance policies have waiting periods:
- Initial waiting period for new policies
- Waiting period for pre-existing diseases
- Waiting period for specific treatments
Choosing the right policy helps minimize waiting period impact.
Cashless vs Reimbursement Claims
Cashless Claims
- Treatment at network hospitals
- Insurer settles bills directly
Reimbursement Claims
- Pay hospital bills first
- Claim reimbursement later
Novasure assists you through both processes.
How Much Health Insurance Coverage Do You Need?
Coverage depends on:
- Age and health condition
- City of residence
- Family size
- Medical inflation
Adequate coverage ensures financial safety during emergencies.
Tax Benefits of Health Insurance
Health insurance premiums offer tax benefits under Section 80D of the Income Tax Act.
- Deduction for self and family
- Additional deduction for parents
Tax benefits are subject to prevailing laws.
Who Should Buy Health Insurance?
Health insurance is essential for:
- Young professionals
- Families
- Senior citizens
- Individuals with medical history
- Anyone seeking financial security
Buying early helps reduce premium costs and waiting periods.
How Novasure Helps You Choose the Right Health Insurance
Comparison of health plans from leading insurers
- Coverage assessment based on life stage
- Assistance during policy purchase and renewal
- Support during claims and hospitalization
- Transparent and unbiased guidance
Secure Your Health with Novasure Today
Travel insurance ensures you are financially protected wherever your journey takes you. Novasure helps you choose the right travel insurance plan so you can focus on enjoying your trip.