STATEMENT OF PROBLEM

Health inshurance is very important form of investment from the view point of a family or an
indival. Health inshurance policy is an assurance which provides immediate financial help i case
when any medical emergency arises. It is a contract between a policy holdaer and the
inshurance company which covers medical expenses that might to occur due to illness, injury or
accidents.

Helath inshurance policies range from

 Indival health inshurance plan

 Family Floater healtg inshurance plan
 Senior citizen health inshurance plan
 Critical illnese inshurance plan
 Group health cover
 Super top- up policy

Health inshurance protects the financial health and soundness of a family while facing an
unexpected serious critical medical condition. Most families go through a financial crisis an
turbulance when they have to go throuh a serious medical emergeny conditon which can be
traumetic experience for a family.
So a health inshurance can be a blessing in such times of hardships and difficulties.
Sec 80(d) of the incomes tax act, 1961 offers tax dedutions on helath inshurance premiums
paid in a financial year. Government also promote health inshurance schemes for the public.

But still, a vast span of the population is yet uncovered by health inshurance has not become
inclusive as a major part of the population do not yet investing in health inshurance plans. So
this is the problem in the society, we have to spread financial literacy and import knowlede
about the benefits of health inshurance to the common man. We should spread awarness
about health inshurance paln and its benefits as a form of financial investmentment to the
masses in our nation.