Buying health insurance on Republic Day ensures a healthier life for yourself and your family. Many of us need to understand how much health insurance is important in today's times. The constitution of India specifies some fundamental duties. Just like that, it is a fundamental duty of a family member to ensure the best health of the family members. That is the reason why buying health insurance is of utmost importance. Today, we will talk about the importance of health insurance and how it can help us. However, let us understand the importance of Republic Day first.
Significance of Republic Day
Since 1950, India has commemorated January 26 as Republic Day, and the Indian Constitution was established on this date, 1950. It's significant to remember that India gained independence from British domination on August 15, 1947, which is commemorated as Independence Day in India. However, the Indian Constitution was initially ratified on November 26, 1949. But it wasn't until January 26, 1950, or the day the Indian Constitution went into force, that this vast nation was integrated, and its many diverse cultural traditions were brought together.
Benefits of Health Insurance
Below are a few health insurance benefits:
- Tax Benefits: Under Section 80D of the Income Tax Act, a policyholder may claim a tax deduction of up to INR 50,000 for the premium of a health plan they purchase for their parents.
- Medical expenses: Even though healthcare expenses are currently quite expensive, rising medical inflation is expected to cause them to rise even more in the future. Getting a health insurance plan is crucial to protect your money from the growing expense of health insurance.
- Cashless treatment: If you have insurance, you can receive treatments without paying cash since your insurance provider will cooperate with different hospital networks.
- No Claim Bonus: If the insured does not submit a claim for any type of treatment over the preceding year, they will get this bonus element.
- Protect Your Savings: Extreme physical and emotional stress might be brought on by a sudden illness. Additionally, your load would greatly grow if you cannot pay for the expense of therapy. Nobody wants to be prevented from receiving top-notch medical care because of a lack of funds. The potential to safeguard your funds and hasten your recuperation increases the significance of health insurance.
How to Buy Health Insurance Online
It's not easy finding the ideal health insurance plan that offers you efficient coverage. It requires in-depth investigation, careful analysis, and knowledge of your demands. Before choosing a comprehensive insurance coverage that works best for you, remember these important measures!
Through Insurer Website
- Go to the official website of the health insurance company.
- Tap on the “Health Insurance” tab. Choose your desired health insurance plan.
- Fill in the required details such as Name, DOB, Mobile Number, etc.
- Pay the insurance company and they will send the policy document to your registered email address.
- Visit the official website of RenewBuy.
- Tap on the “Health Insurance” tab.
- Compare health plans and select your best health plan.
- Click on the “Buy Now” button.
- Make online payment and the policy documents will be sent to your registered email address.
Every Indian smiles as Republic Day is celebrated, and we all enjoy interacting with our friends and neighbors. Additionally, purchasing a health insurance plan is essential to protect your and your family's health on Republic Day.