Secure Your Health and Finances with a Term Health Insurance Policy

Ashish Chadha
2 min readSep 17, 2023

Health insurance is an essential aspect of financial planning, especially for seniors. It provides financial protection against medical expenses and ensures that you receive the best possible healthcare without worrying about the cost.

Here are some reasons why you should consider getting a health insurance:

  1. Protection against medical expenses: Health insurance provides financial protection against medical expenses, which can be quite high, especially for seniors. It covers hospitalization expenses, doctor’s fees, diagnostic tests, and other medical expenses.
  2. Peace of mind: Health insurance provides peace of mind, knowing that you are covered in case of a medical emergency. You can focus on your recovery without worrying about the financial burden.
  3. Tax benefits: Health insurance premiums are tax-deductible under Section 80D of the Income Tax Act. This means that you can save on taxes while ensuring that you have adequate health insurance coverage.
  4. Cashless hospitalization: Most health insurance policies offer cashless hospitalization, which means that you can avail of medical treatment without paying anything upfront. The insurance company settles the bill directly with the hospital.
  5. Coverage for

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