Health insurance is no longer an option in modern times when the cost of medical services is increasing at a more rapid pace than ever before. The Tata AIG Health Insurance is one of the most reputable insurance companies in the insurance industry, which provides affordable and the best health plans to cover you and your family in case of medical emergencies. The Tata AIG Medicare Premier Plan is one of its leading plans, where a larger sum insured is offered at an affordable premium so that you can get the best healthcare and, at the same time, not at a cost.
What is health insurance?
Medical insurance, or health insurance, is a policy that provides financial cover in case of planned and unplanned medical bills. It covers the charges for such things as hospitalization, day care procedures, surgeries, meetings with doctors, ambulance charges, and even pre- and post-hospitalization.
Using a health insurance plan, you do not need to concern yourself with the huge medical bills that you have to pay out of pocket. Rather, any bills are paid by your insurance company, and you can concentrate on your recovery and not money.
People in India are also being urged by the government to purchase health insurance with tax benefits under Section 80D of the Income Tax Act, 1961—whereby you would be in a position to receive tax deductions of up to 1 lakh considering the age of the members insured.
The Tata AIG Medicare Premier: Comprehensive Health Cover.
The Tata AIG Medicare Premier Plan is a progressive health insurance plan that provides comprehensive coverage, adjustable sum insured, and affordable premiums. This plan targets individuals and families alike, and thus, high-quality medical care is affordable without having to burn a hole in your pocket.
The significant characteristics of the Tata AIG Medicare Premier Plan:
- High Sum Insured Options: Select a large amount of ₹5 lakh and 3 crore to protect all the finances.
- Cashless Hospitalization: Benefit from treatment in more than 10,000 hospitals in India.
- Pre- and Post-Hospitalization Cover: This covers hospitalization 60 and 90 days prior to and after hospitalization.
- Day Care Procedures: It has more than 540+ medical treatments that are not subjected to 24-hour hospitalization.
- RC Ambulance and Air Ambulance Cover: Covers emergency transportation expenses in a serious medical condition.
- Global cover: International coverage of medical treatment (optional benefit).
- Family Floater Benefit: This is a single policy that covers the whole family, and the sum insured is shared.
- AYUSH and Preventive Health Check-ups: Covers AYUSH treatments (Ayurveda, Yoga, Unani, Siddha, and Homeopathy) and annual preventive check-ups.
- Tax Benefits: Tax deductions on premiums paid under Section 80D are available.
Reasons to select Tata AIG Health Insurance.
- Respected Brand: With the history of dependability with Tata Group and the experience of AIG internationally.
- Affordable Premiums: Security increased the amount insured at an affordable premium.
- Cashless Network: Have a smooth claims experience and a large hospital network.
- Full Protection: It will cover everything from minor procedures to major surgery and even serious illnesses.
- Digital Convenience: Online purchase of policy and easy renewal and claim tracking.
Early Purchasing Advantages of Health Insurance
There are several advantages of purchasing health insurance when one is of young age:
- Lower premium costs.
- Less time on pre-existing illnesses in the long run.
- Availability of optimum coverage at a low cost.
- Tax benefits under Section 80D.
Tax breaks on Tata AIG Health Dividend.
You may claim deductions as stated in Section 80D of the Income Tax Act, 1961, as follows:
- Self, spouse, and dependent children (under 60 years): 25,000.
- ₹50,000 for parents (if above 60 years).
- The maximum deduction is 1 lakh in case the proposer and parents are senior citizens.
This ensures that Tata AIG Medicare Premier is not only a healthcare cover but also a clever way of saving tax.
Conclusion
Health-related crises may happen any time, and the expenses of medical care keep increasing every year. The Tata AIG Medicare Premier Plan is one of the best health insurance plans in India because it offers high-quality care, a sum insured, and low premiums.
As an individual professional, a couple, or even a family, this plan will provide you with financial security to face any medical emergency without any worries.
