In these policies, the policyholder also gets many types of benefits. LIC is running a Jeevan Anand scheme. Now LIC has released its new version in the name of the New Jeevan Anand Policy.

What is the specialty of this scheme?

• In, apart from the guaranteed profit, you also get many other benefits.
• In this, the insured person also gets the option of regular premium payment.
• If a policyholder survives till the end of the plan then he is given the maturity amount.
• Covered by the policy till the policyholder reaches the age of 100 years. From this, it can be understood that the amount is paid during the policy term as well as later i.e. on death.

Benefits of the scheme

LIC’s New Jeevan Anand plan pays out even after death. This means that if you invest in this scheme then even after your death your family will get its benefits. You are also given the benefit of maturity in this scheme. In this scheme, the account holder also gets a share in the profit. In this scheme, the customer also gets tax benefits.

If you invest in this scheme then you can become a millionaire. You can earn up to Rs 25 lakh by investing in this scheme. To get this amount, you will have to invest for 35 years. You will have to deposit Rs 1,358 every month or Rs 16,300 annually. That means you have to invest around Rs 45 every day.

Before selecting any health insurance plan, it is very important to compare it with other plans. This way you can choose the right plan as per your budget and requirements. There are many health insurance plans available in the market at this time and each plan has its own merits, limitations, and price. In this way, by comparing many plans with each other, you can choose the right health insurance plan for yourself. While selecting the right plan for you, you need to consider the below-mentioned parameters.

Read Also- Revolutionizing Travel: MyTravaly’s Instant Payment System Takes the Industry by Storm

Sum Insured

While selecting a health insurance plan for yourself, it is very important to check the overall sum insured offered by the policy. This means that the policy is giving insurance up to how much amount at how much premium. Although many factors affect the premium of insurance, by comparing several policies, you can know which policy will give you more coverage at a lower premium. Before checking the premium, you must give complete information about your health.

Waiting Period

Different health insurance plans have different waiting periods. Such as pre-existing diseases (PEDs), any disease mentioned in the policy document, maternity, etc. All these waiting periods are different for each policy. For example, some Family Health Insurance policies have a waiting period of 12 months for maternity, while some have 24 months. Some policies also reduce the PED waiting period after paying a small additional premium. That’s why it is very important to understand the waiting period while choosing the right health insurance plan.

Network Hospital

Health insurance companies usually have tie-ups with many hospital groups. These tie-ups are called network hospitals. You can also avail of the facility of cashless treatment if you take treatment in a network hospital. This way you can get complete treatment without spending a single rupee from your pocket. In this way, the insurance companies settle the claim directly from the hospital. However, this facility is available only for network hospitals. In such a situation, you should choose a company under which there are many network hospitals.

Coverage

Before buying any medical insurance policy, it is very important to know what and how much coverage it provides. Because it can be different according to the needs and requirements of the people. While taking Family Health Insurance, it is important to keep in mind that the needs of every member of the family are met in that policy. There are many things to consider while comparing coverage, such as ambulance coverage, home care treatment, Ayush cover, etc. After this, you can choose the right policy for you.

Deductible and Co-Pay

Deductibles and co-payments play an important role while determining the premium of the policy. If things like deductibles or co-payment are included in the policy, then some part of the health insurance claim has to be paid by the insured. Some policies are flexible in this regard and allow the insured to choose the deductible amount and co-pay percentage. So while some policies are strict on this matter and do not provide any such option. That’s why it is very important to keep this in mind while choosing a health insurance policy.

Hospital Room Rent

Room selection is an important factor when getting admitted to any hospital. Most health insurance policies have a fixed amount for this, such as Rs 5000 per day or 1% of the Sum Insured or whichever is less. So at the same time, some policies provide room coverage without any cap, although in this case, the premium may change. Therefore it is very important to compare multiple policies.

Read Also- The Oilers Will Play The Kings In The First Round Of The Stanley Cup Playoffs

It is very important to compare Health Insurance policies in various aspects. Keeping in mind the factors mentioned above, you can choose the right policy for you. Which will not only provide you with the coverage you need but will also get this facility at a reasonable premium.

Apart from this, if you are buying a health insurance policy, then you should carefully read all the documents related to it and take your final decision after understanding them thoroughly. For this, you can also take the help of a trusted insurance agent or financial advisor. Let us tell you that by keeping in mind the factors mentioned above, you can choose the right Health Insurance Policy for yourself or your family, as well as these factors also help in choosing the Group Medical Insurance Policy.

Health Insurance is very important to handle the health and financial condition of any person. And by comparing these factors, you can choose the right health insurance policy for yourself, which will be suitable for all your needs and will also be within your budget.