Health insurance is a type of insurance that covers the cost of medical expenses incurred due to illnesses, injuries, or health conditions. With a health insurance plan, the insurer provides coverage for a variety of healthcare services, including hospitalization, doctor consultations, medications, diagnostic tests, and surgical procedures.
At P M Associates, we help you choose the best health insurance plans tailored to your specific needs—ensuring that you and your family have access to top-quality medical care without the financial burden.
In today’s fast-paced world, medical expenses are rising rapidly, making it crucial to have financial protection against unexpected health-related events. Here are the key reasons why health insurance is essential:
Protects against high medical costs: Health insurance helps you cover expensive medical bills, including treatments, surgeries, and doctor visits.
Access to quality healthcare: Insurance plans often partner with top hospitals and healthcare providers, ensuring that you receive the best treatment available.
Emergency medical coverage: Accidents and illnesses can happen at any time. Health insurance ensures you’re covered in case of emergencies, like accidents, critical illnesses, or hospitalization.
Family coverage: Health insurance plans are designed to cover not just individuals but also family members, offering financial protection for the entire family.
Tax benefits: You can claim tax deductions on premiums paid for health insurance policies under Section 80D of the Income Tax Act.
Anyone looking to protect themselves or their family from medical expenses can apply for a health insurance policy. Here’s a general overview of who is eligible:
| Criteria | Details |
|---|---|
| Entry Age (Individual) | Usually 18 to 65 years |
| Entry Age (Children) | 91 days to 25 years (under family floater plans) |
| Pre-policy Medical Test | May be required for individuals above 45 years or with pre-existing conditions |
| Nationality | Indian residents and Non-Resident Indians (NRIs) |
| Employment Type | Salaried, self-employed, professionals, or homemakers |
| Family Coverage | Can include spouse, children, parents, and in-laws (in family floater plans) |
Identity Proof (Any one)
Address Proof (Any one)
Age Proof (if not covered in ID proof)
Passport-sized photographs
