Why health insurance?. Can you predict the future??

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Presentation transcript:

Why health insurance?

Can you predict the future??

 Are you accident proof??  Do you feel you will never fall sick??  Do you have an emergency fund of 3 to 5 lakhs rupees??  In case you don’t have an emergency fund what options do you have??

A look at treatment costs in India for major diseases?? TreatmentCost in (Rs) AngioplastyRs 2, 00,000 to Rs 3, 00,000 Open heart surgeryRs 2, 50,000 to Rs 4, 50,000 Liver transplantRs 40, 00,000 to Rs 80, 00,000 Kidney transplantRs 10, 00,000 to Rs 30, 00,000 Hernia surgeryRs 30,000 to Rs 60,000 Chemotherapy for cancerRs 7000 to Rs per session Hip replacement surgeryRs 4, 00,000 to 8, 00,000 The above mentioned costs are approximate costs which may vary from hospital to hospital

In absence of adequate health insurance in case of serious illness and hospitalization what are the options available? 1. Spend from savings 2. Sell property

In absence of adequate health insurance in case of serious illness and hospitalization what are the options available? 3. Borrow from relatives 4. Borrow from financial institutions at high interest rates

Would you like to compromise on good treatment or postpone the treatment because of lack of money?

Nobody can predict the future But everybody can prepare for the unexpected Health insurance can ensure that you get the best treatment in case of unexpected illness or accident and at the same time ensure that you don’t have to break your hard earned savings.

How much will it cost? For a 30 year old person a health insurance cover of 5 lakhs individual or family floater would come to approximately Rs 20/- per day Note: Premium will vary depending on the age group

Still thinking? Don’t forget the greatest benefit - Peace of mind