It’s true that the pandemic caused an overhaul of the pre-existing ecosystem of doctors and patients, and the relationship of an individual with their health. People struggled to find hospital beds owing to the crumbling down of an overburdened healthcare machinery, while those who were seeking care at home often had a hard time finding an oxygen cylinder. Some lost their dearest ones. Others are reminded of the mounting hospital bills draining out financial resources and taking a toll on the family’s health. This disruption brought the grim reality of life’s fragility to the forefront, triggering a peak in consumer consciousness and consumption of healthcare literature, fitness products, and well-being services. The underlying lesson was to recognise the need for a health insurance plan.
On the whole, it has also contributed to the lessening of stigma around specific body and health issues, albeit in certain privileged circles. However, health is more mainstream now, indicating positive health-seeking behaviours and health insurance sentiments.
With the onset of the festivities across the country, clothing, electronic, and lifestyle retailers and consumer brands are offering attractive discounts and other incentives across price points. While gold, smartphones, home appliances and home decor, clothing and holiday packages dominate consumer demands, it is safe to state that in a post-pandemic world the thought of health insurance doesn’t necessarily come with a negative connotation; in fact, investing in individual and family health and well-being is one of the topmost priorities for most members of the workforce. Employers too pivot to a number of customised healthcare and well-being policies to accommodate these changing expectations.
In fact, insurance sentiment is at an all-time high. According to a 2022 survey that polled 3500 insurance consumers across India in the age between 30-55 years a majority of the participants echoed that insurance is not just an optional expense, but an essential means of ensuring financial stability. This also indicates that consumers are factoring in the overall high costs of healthcare expenses owing to rising medical inflation and the burden of out-of-pocket expenditure including doctor consultations, lab tests, screenings, pharmacy bills, among others.
What could be more auspicious than health?
Festivals across cultures and communities are a time that bring together families and friends, ushering in a wake of feasts, merriment, and sharing. In today’s ever-evolving world, another way of expressing that you care is to invest in a family health insurance plan which has a floater policy. As opposed to an individual health insurance plan, a family plan runs a floater policy which will take care of all members of the family, which in most contexts usually refers to married couples and their children. Hence, gifting your own family or a near and dear one a comprehensive family health insurance plan could convey best wishes wrapped in a note of good luck and cheer.
Investing in health, investing in the future
The financial security to take care of health emergencies arising from unforeseen circumstances, underlying conditions, accidents, among others, goes a long way in preserving the physical and financial health of an individual and their family. By investing in health, you are investing in your and your family’s future, and in turn, the future of the next generation.An ever-lasting gift
Unlike an expensive pair of shoes or the latest smartphone, a health insurance plan will never run out of trend or become outdated; it can be renewed annually. Hence, while a little indulgence doesn’t hurt, it might actually be a sound investment reflecting prudence, care and consideration that will make for a holistic approach to well-being.
As we continue to navigate the uncertainties of everyday life and an ever-changing health landscape, investing in a health insurance plan is a gesture of profound care, empathy, and foresight. It showcases your commitment to the well-being of your loved ones and provides them with an individual gift of financial security and peace of mind. And while investing in a well-rounded health insurance plan, do not forget to explore the coverage options, and the flexibility and customisation that it offers.
An oasis of safety: More is more
One such well-rounded plan is the Reliance Health Infinity Insurance.
Indeed, the first-of-its-kind premium health insurance product—Reliance Health Infinity Insurance—from Reliance General Insurance, one of India’s leading private general insurance companies, offers limitless benefits: High sum insured up to ₹5 crores; planned global treatments; OPD consultations expenses covered; medical equipment expenses covered; maternity cover – up to ₹1 Lakh / ₹2 lakhs with 1 year / 2 years waiting period and separate new-born coverage up to ₹1 lakh; change in pre-existing diseases (PED) waiting period from 3 years to 4 years or 2 years or 1 year, among others.
With advances in medical science, increased life expectancy, and several cutting-edge treatments are now available to cure diseases considered incurable in the past, it’s a good time to feel positive about health. However, such treatments come at a high price and high medical inflation makes accessibility and affordability a huge concern. No wonder health insurance coverage offering higher sum insured to deal with rising medical costs is gaining in popularity.
Reliance Health Infinity Insurance seeks to address the evolving and specialised medical requirements and preferences of today’s aspiring, affluent or elite customers, who are risk-averse, cognisant, and want unlimited benefits in their health policy.
The policy is available in individual and family floater (up to 8 members) category and offers a broad range of sum-insured options starting from ₹5 lakhs and going up to ₹5 crores. Children above 90 days of age and adults between the age of 18 to 65 years are covered in this policy.
Additionally, new-born babies are covered under ‘Mother & Child Care’ benefit. The basic plan of Reliance Health Infinity Insurance is well-rounded and provides coverage against critical expenses such as organ donor; pre-and-post hospitalisation; day-care procedures; emergency ambulance; and special treatments.
What’s more, the policy also offers smart discounts such as: Credit score-based (first in the country); BMI- (Body Mass Index)-based and Stay Healthy discount to reward customers for staying fit both financially and physically.
In the company’s endeavour to promote the special needs of women, the policy offers a 5% discount for insuring a girl child in the family floater policy and another 5% discount if the proposer is a female. Moreover, customers can get a 10% discount just by purchasing the policy online.
Here’s a look at some of the standout benefits of Reliance Health Insurance:
- More Global, More Cover, More Time: MoreGlobal Cover, which is apt for globetrotters, offers emergency as well as planned medical treatment abroad along with air ambulance and OPD facilities; MoreCover benefit gives customers up to 30% additional coverage* to the sum insured amount thereby enhancing the overall coverage; MoreTime benefit provides longer policy duration with 13 months policy period instead of just 12 months*.
- Add-on benefits: The myriad add-on benefits* of the Reliance Health Infinity Insurance include: Maternity cover of up to ₹2 Lakhs with an incredibly low waiting period of only 12 months; unlimited restoration of the base sum-insured amount during a policy year on both related and unrelated illnesses; OPD cover that takes care of not only doctors’ consultation and diagnostic tests but also dental and surgical treatments along with prescribed drugs, among others.
- Mother and Child Care: Covers maternity expenses (normal and C-section) for ₹1 lakh or ₹2 lakhs depending on the coverage opted; maternity waiting period of only 1 or 2 years as per selection; covers your newborn baby and their vaccination expenses for ₹1 lakh.
- Home Care Treatment: Medical expenses related to listed home treatments are covered within sum-insured limits.
This festive season, consider making the gift of a health insurance plan as it embodies the spirit of caring and has the potential to make a lasting positive impact on the lives of those you care for.
To check more information about the policy, visit here.