Health Insurance a must

I know that most people will say that their companies have the health insurance covered for themselves and their families ( like i do).
However it is a must to consider the following

• The entire insurance claim is not covered. A lot of companies have a co pay inbuilt into the insurance plan- like my company has me pay 20% of the overall value of the claim
• Parents are usually not covered at certain levels.
• As age increases the insurance premium also increases since the risk of health issues increases
• Beyond a certain age, most health insurers don't insure someone- like it is not possible to get insurance for my parents today

Now- dont get me wrong- its not as if someone who is 24 yrs old needs to buy a new policy even if he is covered by his/her employer. However , as one becomes more than 35- it definately makes sense to do so.

Please spend the time to go through some health policies- I am presently in favour of looking at the religare health policy to understand the features better.

As i go through some of the policies , i will write what i understand are their terms and conditions.

Happy investing

( Dont forget to subscribe to posts using the links on the right or become a follower of the blog)