5 Features to Consider before Finalizing a Health Insurance Plan

| March 15, 2019

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A health insurance policy should be bought after thorough research and detailed study. It should not be purchased in a hurry; else you will miss some of the important features in the policy that would actually be the important ones. You must look at all the factors carefully before buying the health insurance policy. To make a good deal, here’re the following features you need to consider before zeroing on a particular health insurance policy – Credibility of the insurer: This is one of the most important features you need to consider before purchasing a health insurance policy. You must check for the claim settlement ratio of the health insurance company. In addition to this, the number of years a company has worked in the business is also very important to consider. AYUSH treatment: AYUSH, which stands for Ayurveda, Yoga, Unani, Siddha, and Homeopathy is a treatment that is growing popular not just in India, but also in abroad. Thus, check if your health insurance policy covers the same and also, do not miss to check the applicable sub limits. Pre and post hospitalization: Keeping in mind the increasing medical costs, it is good to buy a health insurance policy. Medical costs incurred before or after hospitalization are called as pre and post hospitalization expenses. Thus, you must consider this factor before finalising a health insurance policy.

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Budget Direct

Budget Direct is one of Australia’s leading General Insurance providers. We are proud to have been offering Simply Smarter insurance to consumers in Australia at competitive prices since 2000. We're a great company to work for as we truly value our customers and staff.

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