why charlotte health insurance is important?

Importance of charlotte health insurance

It is one of the vital financial planning for you and your family. Here i will explain the importance of taking the charlotte health insurance and the key points needs to be considered while taking the health policy.

What is Sum Insured?

Sum Insured(SI) is the one important thing in the charlotte health insurance plans. It is the maximum amount paid  in case of  claim. Taking the appropriate Sum Insured has to be decided up on the several factors like age, marital status, health condition, nature of work, etc. It is good idea to to talk to the financial adviser if you don’t have the enough knowledge on the financial planning.

Individual Policy or Family Policy?

Another big question is whether you have to go for the individual policy or the family policy which protects the whole family. It depends on the financial situation of your family. If you are not married, then you will go for the individual policy. Normally, the family policy is recommended to reduce the over all costs of the premium. If the money is not a problem, you can go for the individual policy as well.

When to take policy?

There is no right time to take the policy. It is always advised to take the policy at initial to reduce the premium. In most of the insurance companies, taking the policy after the age of 35 will under go medical tests and other formalities. That will increase the premium amount payable for every year.

Points to ask before taking the charlotte health insurance policy.,

Here I am listing some of the important points which you need to ask before taking the charlotte health insurance policy.
    * What is the maximum amount reimbursed for the room rent, boarding and nursing expenses?.
    * What is the maximum amount reimbursed on doctor fees?. Normally it is restricted to 25% to 30% of the sum assured.
    * What is the renewal period of the policy?