You Think Health Insurance Provided by Your Employer is enough???? Think Again. Nilesh was extremely happy. Apart from getting a hefty salary, his employer was also providing health insurance. So when his financial advisor suggested that he take health insurance for himself and his family, he refused to pay any heed to the advice. Unfortunately, a few months after, his father was rushed to the hospital due to a stroke. He then realized that the health insurance plan offered by his employer did not cover his parents. The treatment cost was huge and it had burnt a huge hole in his pocket. A corporate health insurance plan is meant to protect the employee from the burgeoning medical costs. In most organizations it is mandatory for employees to opt for this, and a certain amount of money is deducted from the salary towards this policy. The benefits of this policy can be availed when the employee or any of the covered family members are hospitalized. Although your employer pro...
This Blog is created for education & information purpose only, intending to help you take right decisions in regards to matters related to insurance & investments. No content on this blog should be construed as solicitation for insurance and or matters related to personal finance. Views expressed are personal and for information purposes only. As such one is advice to read & understand the terms and conditions of any insurance and financial product before subscribing.