Health Insurance Mistakes That Might Prove to be Expensive

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Health Insurance
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Health Insurance Mistakes That Might Prove to be
Expensive
With the tremendous efforts put forward by the
IRDA and the government to increase awareness
about insurance, now almost more than 50 of the
country's population is aware of the importance
of possessing a health insurance policy. But
what most of us are not aware of are the mistakes
that we often make while buying a policy that
leads to high premium and unnecessary coverages.
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The biggest mistake we often make is to not
consider the greater picture and instead select a
policy based only on the premium and the
deductibles. It is very important that we read
the clauses and the fine prints on a policy
thoroughly to be sure about how it will be
affecting us in case of an emergency.  Betting
a part of your household income on unnecessary
coverage that will not save your finances during
a medical emergency is nothing but foolishness.
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We also often ignore the importance of updating
our insurer with any kind of changes in the
health conditions, development of certain
critical or chronic diseases, etc. This might
lead to the denial of your claims for the above
situations since the insurer was not aware of the
development. Source http//www.policybachat.com
/articles/health-insurance-mistakes-might-prove-ex
pensive.html
Thank You.!
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