However, the unpredictability of life often threatens to rob us of this treasure.
If your health insurance runs out or if you don’t have one in the first place, you can avail a medical loan.
In India, the rate of inflation in healthcare is almost two times than in other sectors. Even with health insurance.
If you are dealing with heavy medical expenses, consider a medical loan rather than dipping into your savings to pay a lump sum hospital bill.
A medical emergency always strikes without warning, leaving you with very few options at hand.
It is said that the love of a family is life’s greatest blessing. You want your family to always be happy and healthy.
In times of hardship or struggle, people naturally turn to loved ones and family for help. It is not uncommon in a country like India, which is rooted in the joint family system.
Critical illness does not present itself with a warning, much like a disaster. Along with your physical and mental wellbeing, it takes a toll on your financial wellbeing as well.
Though most people may not think so, loans can be a boon in our lives. They can help us in so many ways, especially in the time of need, without creating a dent in our financial plan and goals. Most of us are familiar with personal loans, education loans, home loans, business loans etc.
A medical emergency can strike at any given time. Most of us prepare for the eventuality of it. You invest in medical insurances that would provide good coverage and actually help in time of need. However, things do not go as planned and medical insurance is known to cover only a few ailments and procedures.