Importance of Health Insurance in India

• Financial Protection: Health insurance provides financial coverage for medical expenses, which can be substantial in case of illness or accidents.

• Access to Quality Healthcare: It allows individuals to access quality healthcare services without worrying about the high costs.

• Preventive Care: Health insurance often covers preventive care services, encouraging individuals to seek regular check-ups and screenings.

• Peace of Mind: Having health insurance gives individuals peace of mind knowing that they are covered in case of unexpected health issues.

• Emergency Preparedness: It helps individuals be prepared for medical emergencies that may arise without warning.

• Tax Benefits: Health insurance premiums are eligible for tax deductions under Section 80D of the Income Tax Act, providing additional financial benefits.