Health Insurance

Overview
Religare Health Insurance Co. Ltd. is a stand-alone, Indian, health insurance company founded by Religare Enterprises Ltd. (REL), Union Bank of India and Corporation Bank.

REL is a financial services company providing solutions in the realms of insurance, investment and wealth management, lending and stock-broking. Headquartered in Delhi, this company benefits from the market knowledge of its promoters who are the founders of Fortis Hospitals (a highly reputed health care institution in the Indian health space).

Union Bank of India and Corporation Bank are both important, highly-networked public-sector institutions providing banking services to clients across different economic classes and geographical locations.

Religare Health Insurance Co. Ltd. brings to the Indian masses a number of interesting insurance solutions that provide for an individual’s personal as well as familial protection needs. The company deals primarily in life and health insurance.

Contact : 8526254540

Haven’t we all heard this cliché – Health Is Wealth
Yes, we all have. But have we done something to ensure that our health and wealth is protected?

Before you think of any investment plan, please remember that your family must have a minimum of 10 lakh of medical insurance cover. More over with rising medical cost and age the cover must be enhanced to further meet the medical expenses. If not, the spiraling medical cost may take a big toll on your hard earned savings, besides you may fall in debt trap.

Critical Reasons why Health Insurance is a must:
1 of 3 people will suffer from Cancer.
1 of 4 people will suffer from hearth diseases before the age of 60 years.
1 of 20 people will suffer from hearth diseases before the age of 70 years.
India is facing an epidemic of diabetes.
At present, confirmed diabetes patients in India are 67 million, with another 30 million in prediabetes group.

Source: http://www.healthinsuranceindia.org/need_of_health_insurance.asp
http://timesofindia.indiatimes.com/life-style/health-fitness/health/Diabetes-epidemic-on-the-rise-in- India/articleshow/25758884.cms

Medical costs have become unbelievably expensive.
Source: http://timesofindia.indiatimes.com/business/india-business/Family-floater-health-cover-plans-gain-as-companies- innovate/articleshow/32271518.cms

We tend to insure our house, vehicles and increase our assets. But not our own health!!!

However in terms of medical emergency, may have to sell valuable assets to meet such increasing medical cost.