| ign="center"> | | | | change of mentality where not many are interested |
| The lower premium collection of private general | | | | in investing their money in any plan or policy which is |
| insurers show that many are not trusting or going for | | | | not giving out assured returns so why should any |
| a health insurance policy offered by private players | | | | one go with a term or health insurance policy where |
| despite of the fact that companies give some best | | | | no assured benefit is present. |
| deals. | | | | But one has to consider the risk factor before |
| When foreign tourists are coming to India, the | | | | deciding over the investment options. Whether the |
| country is not standing safe from the danger of | | | | share market is still or volatile, economy is growing or |
| swine flu. When a viral fever attacks many are | | | | declining, one cannot ignore the life and health related |
| advised to take bed rest and many gets critically ill. | | | | risks in his/her life. |
| Even a mosquito is creating the danger to the length. | | | | In the pressure of not investing in private insurance |
| In all, India is not so much protected from diseases | | | | companies, the insurance seekers ignore some very |
| which are causing danger to lives and no city and no | | | | much beneficial plans like individual mediclaim, Reliance |
| state is out of danger in the current conditions. So | | | | Healthwise and Reliance Critical Illness provided by |
| the question arising here is 'Why some people are | | | | Reliance Health Insurance in which it offers the |
| not going for health insurance'. | | | | benefits of 7-8 surgeries, lower premium family |
| If an individual is not having a health insurance policy | | | | floater plans, TPA support and cashless facility along |
| in his hands then he has to pay all the medical | | | | with the tax benefits under Section 80D. |
| expenses from his pocket which affects the financial | | | | Similarly ICICI Insurance company has also made its |
| position of person to a higher level. Illness among kids | | | | mark in the market by establishing itself as a brand in |
| are a common thing but leaves the financier of the | | | | the insurance industry by providing the health |
| family in a mess. And if its is the time to pay for the | | | | insurance plans like Health Advantage Plus, Personal |
| surgery of a family member then no one can predict | | | | Accident and Hospitalization Cover. These plans also |
| the expenses. | | | | provides some relief to the policy holder at the time |
| A beneficial health insurance policy from a good | | | | of accident or critical illness. The Hospitalization Cover |
| company is the solution for the problem which is not | | | | here is the family floater plan where one can insure |
| considered by many in the current economic climate | | | | the health of its family at the cost of one health plan. |
| where recession has forced the investor to consider | | | | Talking of family floater plans, HDFC Ergo, the |
| an insurance policy as an investment and analyse | | | | general insurance company also provide a beneficial |
| whether it will yield returns or not. | | | | plans where one can include his parents in the plan. |
| There are many general insurance companies present | | | | So, the analysis says that the private sector health |
| in the market with beneficial health plans like Reliance | | | | insurance companies are standing with some |
| Health Insurance, HDFC Ergo and ICICI Insurance | | | | beneficial deals in hands despite of getting a hit from |
| company but are not able to collect so much | | | | global economic slowdown. |
| premium income because of people's less trust on | | | | The author is a business writer specializing in finance |
| the private insurance companies. | | | | and credit products and has written authoritative |
| The global economic slowdown has resulted in the | | | | articles on the health insurance, life insurance. |