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Group Insurance health plans provide coverage to a group of members, usually comprised of company employees or members of an organization<br>
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Why Personal Health Insurance Is A Must Buy Over Group Health Insurance ?
What is Group Health Insurance ? Group Insurance health plans provide coverage to a group of members, usually comprised of company employees or members of an organization
What is Personal Health Insurance Individual health insurance is a policy purchased by an individual for themselves and their family based upon personal needs and budget
Group health insurance Benefits 1: As Employee you no need to pay any premium means its means your health insurance comes free . 2: Group insurance covers you, your spouse your children and sometimes your parents also 3: NO waiting period for hospitalization 4: No pre policy medical check up 5: Its covers pre existing illness from day one
Why you need personal health insurance too 1:Group health insurance is not offered by all companies 2: Risk of Employee cutting down health on group health insurance 3: Group health insurance might not be sufficient 4: Group health insurance plan doesn't last beyond your retirement
Final Words: Therefore It's good to have both group health insurance and personal health insurance