Medical Insurance Guide 2025: Why You Need It, Cost, Benefits & How to Buy or Claim

Why you need medical insurance?

Everyone knows that anyone can have medical emergency at any time in life no body knows when any accident can happen. Any desease dignosed can cost you more to recover from it. The hospital expenses will be more if you get hospitalized. And we dont have money at that time to pay hospital bills or you can borrow money from someone but what if no one helps you or the amount exceeds your savings then what will you do! So here comes the medical insurance.

What medical insurance do?

If you have medical insurance then hospital bill can be paid by the medical insurance. There are so many cashless hospitals which accept medical insurance do cashless transactions. Lets undurstand with example. If you get diagnosed with a desease that cost more money but you have the medical insurance its hospital expenses will be paid by medical insurance.

How much Medical insurance cost and cover?

The medical insurance is same as any other insurances but it only come to work in hospital bills, you will not get any money on the maturity. It will cost based on how much cover you want and whats your age.
Its can be 50k to 1crore plus cover can cost you 20k plus yearly premium its an example only.

How to buy medical insurance?

You can get the medical insurance from any medical insurance company agent outlet in your city or if there is not one agent near you or your city so you can try online medical insurance.

How to buy online medical insurance?

Go to policybazar.com check for medical insurance, after provide your info there will be suggestions for you to compare different plans of various medical insurances. You can choose best fit for you as how much you want to pay premium and how much amount of cover you want. You can pay premium online by upi, debit/credit cards or online banks which suits you.
The insurance copies will be sent to you on your email address as in pdf format, or they have option to send physical insurance copies on physical loacation also.
Keep insurance copies secure it will be needed to claim insurance money for hospital bills and expenses when needed.

How to claim medical insurance money?

To claim insurance money you just need to call the agent. They will check and tell you that you will get the money or not. They money can be claimed before you get hospitalized if your doctor wants you to hospitalize they will tell estimate amount. Or if you have spent your own money and you have medical insurance then also spending own money you can claim and get that amount of money from the medical insurance company.