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Health Insurance

Because Medical Emergencies Shouldn’t Be Financial Emergencies.

What Is Health Insurance?

Health Insurance is a financial safety net that covers medical expenses arising from illness, injury, or hospitalisation. It protects you and your family from high healthcare costs and ensures access to quality treatment without financial stress. Depending on the plan, it can cover hospital bills, surgeries, medicines, daycare procedures, and even preventive health check-ups.

Why Is Health Insurance Important?

1. Rising Medical Costs

Healthcare expenses—hospitalisation, surgeries, diagnostics—are increasing every year. Health insurance ensures these costs don’t drain your savings.

2. Financial Protection

Covers large medical bills so you can focus on recovery instead of financial burden.

3. Access to Quality Healthcare

Cashless treatment at network hospitals ensures quick and hassle-free care.

4. Coverage for Family

Family floater plans cover your entire family under one policy.

5. Preventive Care

Includes annual health check-ups, vaccinations, wellness benefits, and more.

6. Tax Benefits

Premiums qualify for tax deductions under Section 80D.

Types of Health Insurance Plans

Individual Health Insurance

Coverage for one person. Ideal for individuals seeking personal protection.

Single policy covering your entire family—spouse, children, and dependent parents.

Tailored for people above 60; higher coverage for age-related illnesses.

Lump-sum payout on diagnosis of major illnesses like cancer, heart attack, stroke, kidney failure, etc.

Increase your health cover at a low cost, ideal for expanding existing insurance.

Covers pregnancy-related expenses, newborn care, and delivery costs.

Provides compensation in case of accidental death or disability.

Coverage for specific illnesses such as diabetes, cardiac conditions, or cancer.

Key Benefits of Health Insurance

Cashless Hospitalisation

No need to pay upfront at network hospitals; the insurer settles bills directly.

Covers hospital expenses, ICU charges, ambulance, daycare procedures, and pre/post-hospitalisation.

Increase in sum insured for every claim-free year, without extra premium.

Most plans offer lifelong coverage.

Enhance your plan with features like:

  • Room rent waiver

  • OPD cover

  • Maternity cover

  • Hospital cash benefit

  • Critical illness rider

Covers unexpected medical emergencies and long-term treatments.

How Health Insurance Works

  • Buy a plan with suitable coverage.

  • Pay annual premiums to keep the policy active.

  • When medical treatment is needed:

    • Use cashless claim at network hospital, or

    • Reimbursement claim at non-network hospital.

  • Insurer pays the covered expenses based on policy terms.

  • Continue annual renewals for uninterrupted protection.

How to Choose the Right Health Insurance Plan

Key Factors:

  • Sum insured (coverage amount)

  • Network hospital availability

  • Pre-existing disease waiting period

  • Room rent limit

  • Co-payment clause

  • Claim settlement ratio

  • Premium affordability

  • Add-on benefits

Who Should Buy Health Insurance?

  • Individuals and families seeking financial protection from medical expenses

  • Senior citizens needing higher coverage

  • Young professionals looking for affordable long-term protection

  • Individuals with lifestyle risks or family medical history

  • Anyone wanting tax benefits under 80D

Health Insurance is essential for financial stability, health protection, and peace of mind. It ensures access to quality healthcare without straining your savings. With rising medical costs, a comprehensive health insurance plan is one of the smartest financial decisions you can make—for yourself and your family.

Investment Solution

  • Mutual Funds & SIP

    A Mutual Fund is an investment vehicle that pools money from multiple investors and invests it in a diversified portfolio of assets such as equities

  • Fixed Deposit & Corporate FD’s

    Fixed Deposits (FDs) have long been a preferred choice for conservative investors seeking assured returns and capital protection. Offered by banks and NBFCs, FDs allow you to deposit

  • Bonds / NCD

    Bonds are fixed-income instruments issued by governments or companies to raise capital, paying periodic interest and returning principal at maturity.

  • Government Bonds & Debt Instruments

    In today’s unpredictable market landscape, many investors look for avenues that offer stability, regular income, and capital preservation.

Insurance

  • Life Insurance

    Life insurance is a financial protection plan that ensures your loved ones remain financially secure in case of your untimely demise.

  • Health Insurance

    Health insurance provides financial protection against medical expenses due to illnesses, accidents, and hospitalization. Even if you are healthy today, medical emergencies can arise at any time.

  • General Insurance

    General Insurance provides financial protection against non-life risks such as accidents, health emergencies, property damage, theft, or liability.

Loans

  • Loans Against Security

    A Loan Against Security is a credit facility where you pledge your financial investments—such as mutual funds, shares, bonds, insurance policies, or fixed deposits

  • Loans Against Mutual Funds

    At Wealthmart Global, our Loans Against Securities (LAS) solution empowers you to access funds without having to liquidate your long-term investments.

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