Benefits of Buying A SBI Health Insurance Plan
Updated On Dec 11, 2021
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A health insurance plan is one of the foremost things that one must purchase. A health insurance plan with comprehensive benefits will serve anyone the best. SBI Health Insurance Plans have multiple benefits available under them, which have variety and are incredibly useful. The following are some of the most crucial benefits found with an SBI Health Insurance Plan.
1. Cashless Benefit
A cashless benefit is very useful, especially during an emergency. With this benefit, the insured can get admitted to a network hospital of SBI health insurance without having to pay something immediately out of their own pocket. The expenses are directly settled by the hospital and the insurance provider once the necessary information has been passed on to the hospital, by the policyholder. It is a quick and efficient process, where the policyholder does not have to do anything. If the insured is treated at a non-network hospital, the SBI health insurance policy reimburses the expenses once the necessary bills are submitted to them.
2. Free Health Check-Up
We often tend to neglect our health till it’s a huge disease or illness. However, this is extremely harmful as it is small illnesses that might go on to become bigger and the earlier, we detect them, the more are the chances of treating them. A free health check-up acts as a great incentive to finally go to the doctor. This check-up is available after every four claim-free years if there have been no breaks in the health insurance. The cost of the check-up is either reimbursed later or a check-up is arranged at the insurance provider’s associated health or diagnostic centre.
3. Medical Expenses Cover
There are many types of covers that are present with an SBI health insurance policy, largely of course pertaining to healthcare and medical expenses. Some of the most important such covers include pre and post-hospitalization costs, ambulance cover, daycare facilities cover, and more such. They are extremely helpful, especially when there is an emergency patient. There might be other unique covers as well, that cater to specific illnesses. With such comprehensive covers, it is easier to handle medical expenses, even if there are emergencies.
4. Tax Benefits
Like with all other health insurance policies, there are tax benefits available for an SBI Health Insurance Plan as well. All legal and taxpaying citizens of India, who are policyholders, can avail of this benefit where they get a certain discount on their premium amount. The exact amount differs according to the sum insured of the specific plan and the premium that the policyholder has to pay. The benefit has been provided by the government of India under the Income Tax Act (1961), under section 80D.
5. No Medical Tests
If you want to purchase an SBI Health Insurance Plan and are below the age of 45, you will not have to go through any medical tests. This is a huge facility that lets anyone who is not above the age of 45, buy the insurance at a hassle-free price and process.
As evident from above, there is much to benefit from, when you purchase an SBI Health Insurance Plan. There are many more such benefits present, making the plans comprehensive and robust. A health insurance plan with such varied benefits is certainly one that is worth investing your money into. Therefore get a SBI Health Insurance Plan today!
Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.