Question
Your father spent Rs. One lakh on your mother's medical expenses. Convince him to buy a mediclaim policy for his whole family with its eight salient features.
Solution
Eight salient features of mediclaim policy are as follows:
- It is temporary. It needs to be renewed each year.
- Gets tax rebate of Rs. 15000 per year and Rs. 20,000 for parents medical insurance.
- Medical bills are taken care of.
- Free Medical checkup once a year.
- Cashless hospitalization
- Safe
- Peace of mind. No tension of depositing money in advance.
