Will Health Insurance Really Saves Money?

Health insurance is a type of an insurance whereby the insurer pays the medical costs of the insured, if the insured becomes sick due to covered causes or due to accidents. A health insurance policy is a legal binding contract between the insurance company and the insured. Health insurance benefits are many. Health insurance is termed also as accident insurance, sickness insurance and medical insurance. Health insurance is purchased generally, with no assurance of renewability and if renewable no guarantee that premium rates will not increase. Before getting the health insurance a person who wants to insure, may ask to fill a comprehensive medical history. In that they came to know about whether the person suffered from any disease or he/she has some bad habits such View the rest of this article