Medical Insurance also known as health insurance is a protection to individuals and their families against unforeseen expenses. In the process there are two parties namely the insurer and the insured. The party that undertakes to pay a benefit if a pre-specified loss occurs is called the insurer.

Medical Health insurance plans are aimed at providing health care coverage to individuals and also families. It is a type of individual health insurance. Medical health insurance plan provides you financial protection against the unforeseen expenses you have to pay in case of sickness. These plans also provide you protection against losses caused owing to accidents. Apart from health benefits and metal relief you also get advantage of saving on taxes as contributions towards medical health insurance premiums are exempted from taxation.

The Medical and Health insurance is generally used to describe a form of insurance that pays for medical expenses. It is sometimes used more broadly to include insurance covering disability or long-term nursing or custodial care needs. It may be provided through a government-sponsored social insurance program, or from private insurance companies. It may be purchased on a group basis or purchased by individual consumers. In each case, the covered groups or individuals pay premiums or taxes to help protect