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RISK MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Tell me where the following is a PRO or CON about owning a Health Insurance Policy:If you get seriously hurt, most of the cost of they injury (Surgery & Hospital) visit will be covered.
A
PRO
B
CON
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -A health insurance policy provides extensive coverage against medical-related expenses. It helps you stay financially prepared for any medical emergency. Health insurance policies enable you to get the care you need at affordable premiums.

Detailed explanation-2: -A health insurance plan can offer you large financial coverage that can cover the costs of treatment in India as well as abroad. It also covers hospitalization costs, diagnosis costs, ambulance and medicine expenses, and provides the ease of instant payouts for greater financial flexibility.

Detailed explanation-3: -A health Insurance policy equips you to get the best healthcare treatment without worrying about the huge costs payable at the time of discharge. Therefore knowing about the claim process is an essential piece of information that the insured individual should be aware of at all times.

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