Health Insurance Company

Healthcare statistics show that condition of health insurance in India is very poor. Majority of people in India pay medical expenses from their pockets. Only 15% of people are able to get their medical expenses financed. If it continues, it will become very difficult for uninsured individuals to avail quality medical treatment over next few years.

Before this situation become serious and deprives human beings from healthcare solutions, every health insurance company should take pains in spreading this information among the masses. Medical care providers along with Government and Regulator should take steps in educating people about the increasing medical costs and its impact.

Thus, every health insurance company should identify healthcare needs of people and design products accordingly. People should understand the need of these plans and should buy the same to make medical treatment easy. Financial cover at the time of medical exigency is much helpful.
There are several health insurance products brought by various health insurance providers.

Apollo Munich Health Insurance has emerged with the aim to Uncomplicate health insurance for the people of India. The company has brought simple policy wording with every of its plans so that everybody can understand the terms and conditions of the plan and can buy accordingly.

Purchase Health Insurance

When a person has to get treated, there are a number of factors that come into play. One has to think about the cost of the treatment that is to be taken. There are many other expenses that are involved when a person faces an accident. There are times when the individual has to deal with the household expenses as well as the extra costs that are present. This is why it is important to purchase health insurance when the person has the ability to do so. People often forget that a health insurance plan has a waiting period and some exclusion. Most customers buy insurance plans without bothering to read and understand the plan prior to buying the same.


There are a number of times when customers purchase health insurance from a broker and do not let him give out vital details of the plan. This should not be done. When you buy a mediclaim policy, you should buy the plan after careful consideration of all the medical problems that are likely to occur. Apollo Munich provides health insurance plans that are dedicated to providing customers with the best possible health coverage. Each of their plans and policy wordings are available on the Apollo Munich website.

Personal Health Insurance

A personal health insurance plan is needed for everyone—even if you are working and have a group health insurance policy from the company. The main reason for this is that a group health insurance policy is designed only for those who are employed with the company. Once an employee leaves the company, his/her cover lapses. However, most people overlook this vital part of corporate health insurance. Thus people are left without any kind of mediclaim plan once they leave the job.

The reason most working individuals do not bother to purchase a personal health insurance for themselves and their family is that a group health insurance is free for the employee. The company pays the premium for the plan. However, in a personal health insurance plan, the insured has to pay for the policy.

The premium charged for a personal health insurance policy is exempted from tax under section 80 (D) of the ITA. This means that individuals can save their tax as well as get coverage from medical problems that are likely to arise. Apollo Munich offers comprehensive insurance policies that are designed to protect individuals from all kinds of medical problems. Their plans can also be bought and renewed online using their ‘Buy Online’ ‘Online Renewal’ options.