Spark Wealth Finance

A Few Words

Health Insurance

What Is Health Insurance?

Health insurance is essentially a contract between an individual or a group and an insurance company. In exchange for paying a regular fee, known as a premium, the insurance company agrees to pay for or cover a portion of your medical expenses. The primary purpose of health insurance is to protect you from the potentially high costs of medical care. Unexpected illnesses or injuries can lead to substantial bills, and health insurance helps to mitigate that financial risk.

Benefits of Health Insurance

  • Covers hospitalisation expenses. 
  • Covers pre-and post-hospitalisation expenses. 
  • Covers daycare procedures.
  • Covers domiciliary treatments.
  • Covers alternative treatment.
  • Covers annual health check-ups. 
  • Offers add-on cover for critical illnesses. 
  • Offers cashless treatment.

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