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You all must’ve heard the story of a man who locked himself up in his room due to phobia to put himself in danger and ended up with a heavy painting that fell on his head. Life is uncertain for all of us. We cannot predict our future but we can take some measures to safeguard it to an extent. Insurance is one way of doing it. Though most of us have heard of this term and a high degree of us have insured our lives or vehicles, we are still unsure of what exactly it is.

Insurance is a course of action wherein you pay a fixed amount of money to an insurance company, and they pay back to you if you have to face any unforeseen situation as mentioned in the agreement or at the period of maturity of the insurance plan. In more straightforward terms it goes about as a security net of life and spares us from the eventual outcome of unforeseen misfortune.

In other words, Insurance is intended to secure the monetary prosperity of an individual, organization, or another element on account of unforeseen misfortune. A few types of protection are legally necessary, while others are discretionary. Usually, the insured pays part of the loss, and the insurer pays the rest. Health insurance is the most widely taken insurance as it can pay off for any emergency health situations. It also helps you with your savings, financial security, investment vehicles, and tax relief.

Health insurance covers the whole or part of the risk that you, your family, and even your maid face related to health. It covers accidents, medical expenses, disability, dismemberment, and many others. The insured pays a deductible amount and the rest is paid off by the insurer. It’s as simple as that!

Why do I need health insurance?

For our loved ones and family to be safe and secure, we need to take an insurance policy. A health insurance policy will help you and your loved ones to a noticeable extent. As we are never free from risks, it is essential to take the appropriate measures to overcome it. Hence your assets would be safe even if there’s destruction. You can have peace of mind if you have security in your life to safeguard it.

But why now?

Analyze your needs and the risks you may face:
You may not receive insurance for every risk you may face in your life. But many insurance companies give you tailor-made plans according to your needs and demands. For instance, health insurance provides as many as 30 critical illnesses and over 80 surgical procedures.

Have a healthy discussion with an insurance broker or an insurance provider:
An insurance broker can provide you with several health insurance options and plans out of which you can select the one that is apt for you. Experienced professionals can give you the right advice.

Compare the plans and your needs to choose the best for you:
Now that you have the needed knowledge you can match up your needs with the plans and your requirements. Prioritize accordingly to conclude.

To safeguard your health amenities, you can take health insurance. To secure your child’s education, you can take up education insurance. To provide financial support to your family in case of sudden death you can choose life insurance.

Why should I approach an Insurance company/ broker?

An insurance company can help you with;

Onsite inspection
Pre-loss services include the loss prevention activities developed by the insurer such as on-site inspections.

Legal defense services
Post-loss services are related to the administration of claims and include adjustment services, legal defense services.

Reduction of uncertainty
A very large proportion of our risks are covered by these insurance companies.For this, all you have to do is to give an application consisting of your details and the other mandatory documents to a health insurer who will provide you with the agreement within 24 hours. This can be done online or offline. A premium amount would be collected from you every month. This amount would depend on the plan you selected.

At the end of the day, health insurance is one of the best social devices ever conceived of without which, we would not be able to enjoy the quality of life and health afforded to us.

Why Health Insurance from policyhouse.com ?

policyhouse.com strives to provide a refined comparison, real-time health insurance quotes and additional coverage options to suit customer’s diverse requirements. With an extensive industry-specific knowledge and streamlined approach of sourcing the ideal health insurance policy for you, policyhouse.com has become one of the leading health insurance broker in the UAE.