Health Insurance Mistakes You Should Avoid

Health Insurance Mistakes You Should Avoid

Image courtesy:www.bayzat.com

With the introduction of the health insurance law in Dubai every individual is required to purchase a health cover (it is mandatory for every single Dubai resident as of June 2016). While this may seem like an extra burden to the already existing monthly expenses, we must sit back and consider why health insurance is important. Due to the very unpredictable nature of life, we can never be prepared enough for what might happen in future. Bad health conditions occur unannounced and we often become helpless in such situations. Having suitable health insurance will ensure that we are at least financially covered during these hard times. However, when purchasing health insurance we need to weigh the pros and cons in order to pick the most appropriate policy for us. Following are some of the mistakes we should be careful not to make while choosing a health insurance policy: a) Similar to selecting any other financial product, thorough research should be done on all available health coverage options as the initial step. Experts at Bayzat will suggest health insurance providers that meet your requirements. You can also enquire from friends and family regarding their experience. Utilizing the Bayzat platform can be an easy method to identify the best plan. Once a suitable policy is selected,

always make sure to review the terms and conditions closely before making the purchase. Customers are highly advised to go through the insurance company’s handbook to understand the limits of the coverage. Bayzat’s experts can help you choose an appropriate cover, suitable inclusions and exclusions as well as with the necessary documentation required. b) You should never conceal or withhold any underlying health condition from the insurance company. Insurers monitor your health claims very closely and therefore will find out if false information was provided. Upon such discovery, the insurance company has the...