Health Insurance for Sister – This Raksha Bandhan, Gift a Health Insurance Policy to Your Sister

When is Rakhi – Raksha Bandhan 2023 Date?

Raksha Bandhan is on Wednesday – August 30, 2023.

Rakhi Gift Ideas for Sister – Gift a Health Insurance Policy to Your Sister

Festival is the time to show your love and affection to your loved ones. Since Rakhi or Raksha Bandhan is just round the corner, plan a perfect gift of insurance for your sister.

Rakhi celebrates the spirit of affection and bond between a brother and a sister. By means of the celebration, a brother promises to protect his sister throughout life. Similarly, a health insurance policy provides coverage to protect the health of the policyholder all through life. Thus, if you are looking for Raksha Bandhan gifts for sister, nothing can be better than gifting a health plan to your dear sister on this Raksha Bandhan. This way, you can make sure to gift her the best of health and financial security for her life.

It is rightly said that ‘health is wealth’ because nothing is above your health. If you are healthy, you are happy. An unhealthy person cannot find happiness in anything despite having everything around.

So, let’s know more as to why you should gift a health insurance plan to your sister this Raksha Bandhan 2023.

Reasons to give a Health Insurance Cover to your sister as a gift for Raksha Bandhan

If you start counting, you will find numerous reasons to gift a health policy to your sister on Rakhi, such as:

• Health insurance plans protect the insured from the hospitalisation costs in case of any medical emergency.
• It also includes expenses like medicines, surgical appliances, consumables and drugs, prosthetics, oxygen, blood, anesthesia, operation theatre (OT), ICU, etc.
• Some plans also cover pre and post hospitalisation charges.
• Costs incurred on maternity and newborn babies are also included under some health plans.
• Some health policies allow coverage for Daycare procedures that do not require the insured to be hospitalized for 24 hours.
• Free Health check-up expenses might also be included at certain intervals.

5 Amazing Benefits of Health Insurance Plans:

Here is a detailed list of benefits received under health insurance plans:

1. Cost of Hospitalization

Every health insurance plan offers coverage against the hospitalization cost that the insured has to incur if he/she goes through a medical emergency.

2. Day Care Procedure

There are many health conditions that can be treated in a hospital within 24 hours. The developments in the field of healthcare have made it possible. Thus, medical treatments for which the patient is not required to be hospitalized for more than 24 hours are termed as day care procedures. Most health insurance companies in India cover the cost of daycare procedures.

3. Cashless Hospitalisation Facility

Most health insurance policies offer cashless hospitalisation facility to the insured via network hospitals of the insurer. This makes the health insurance claim procedure quick and instant for the insured.

4. Cost of Room Rent

Most insurers allow the insured to avail coverage for the expenses incurred on room rent in case of hospitalisation. Some health policies allow total coverage of expenses, while there are others who allow coverage on a particular amount.

5. Domiciliary Expenses

Most health insurance policies cover domiciliary expenses where the insured person suffering from a disease or injury receives hospital-like treatment at home.

The above and many other expenses are covered under health insurance policies. However, the coverage option might differ as per policy and as per the sum insured chosen by the policyholder. Besides, health insurance policies provide coverage against many pre-existing diseases after the initial waiting period.

Also, it is recommended to buy health cover early on in life so that you can get more coverage by paying less premium.
Thus, if you gift a health plan to your small sister early on in her life, she will stay protected for life at minimum premium and it will portray your love and concern for her.

However, as a loving brother, it is advised that you should invest some time to check the policy coverage and its different features like exclusions etc., before finally buying a policy for your sister.

Tips to Buy a Perfect Health Insurance Plan for Your Sister: 

• Delve into a wide range of similar health plans existing in the market to seek the best plan that would suit your sister’s needs.
• Buy insurance for your sister through reputed insurance companies for better transparency rather than buying from an agent or broker.
• It is best to buy a policy online after knowing its details thoroughly and after making thorough comparisons.
• Always try to look for an affordable health insurance policy at an affordable premium. However, do not compromise on coverage and benefits that you think are crucial for your sister.
• Look for a plan that allows your sister to avail cashless benefits. This will allow your sister to avail the benefits of cashless treatment at a network hospital.