What is Individual Mediclaim Policy
An Individual Medical Policy is a health insurance plan that provides comprehensive coverage for medical expenses incurred by an individual. Unlike group health insurance provided by employers, this policy is purchased directly by individuals or families from insurance companies or healthcare marketplaces.
- Personalized Coverage: Tailored to meet the specific healthcare needs of individuals or families.
- Wide Range of Benefits: Includes coverage for hospitalization, doctor visits, prescription drugs, and preventive care.
- Flexible Plans: Allows policyholders to choose from different coverage levels and premium options.
- Independence: Not tied to employment, offering continuous coverage even in job transitions.
This policy ensures financial security against medical expenses, giving individuals and families control over their healthcare needs.
