Manoj Gehi View On General Insurance &amp Personal Finance.

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...