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प्रश्न
Explain the importance of health insurance.
थोडक्यात उत्तर
उत्तर
- By paying a small premium, the insured person gets coverage for the heavy costs involved in hospitalisation for serious diseases like heart attack, brain tumours, cancer, kidney failure, etc.
- The premium paid for health insurance is allowed as a deduction (up to the specified amount) from taxable income under the Income-tax Act.
- In cases of sudden hospitalisation, the insured and his/her family are saved from heavy expenditure.
- Health insurance contributes significantly to the economic development of the country by making the people of the country healthy.
- The health insurance industry provides protection for social development.
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Types of Insurance
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