Health and hospitalization insurance is a contract between an individual (the policyholder) and an insurance company, in which the insurer agrees to cover the medical, surgical, and hospitalization expenses of the insured in the event of illness or accident.
What benefits does health and hospitalization insurance offer?
The benefits of health and hospitalization insurance vary depending on the policy purchased, but may generally include:
- Coverage of medical, surgical, and hospitalization expenses.
- Access to a broad network of doctors and hospitals.
- Medication coverage.
- Coverage for diagnostic and treatment services.
- Maternity and paternity coverage.
- Accident coverage.
Why purchase health and hospitalization insurance?
Purchasing health and hospitalization insurance can provide a number of advantages, such as:
- Peace of mind and financial security in the face of the possibility of a serious illness or accident.
- Access to better medical care.
- Protection of family assets.
- Tax benefits.
