Nowadays, having insurance, whether it be health insurance or any other, is highly important. You never know what will happen the very next minute; therefore, it is crucial to have insurance. However, for having insurance, there are certain rules and regulations that you need to follow. If the person does not follow the rules, there is a risk that the claim of that concerned person will be rejected by the authorities. Therefore, always adhere to the rules related to insurance. 

Many people have doubts regarding whether they can have two insurances at the same time. The answer to this question is yes, you can have two insurance at the same time. There is no restriction on it. Many people plan to have health insurance and medical insurance both to keep themselves on the safer side. 

What is health insurance and medical insurance? 

Health insurance is a broader concept as compared to medical insurance. Let us now understand what these two terms actually mean. When talking about health insurance, every aspect of health is covered under health insurance. In simple words, it is not only linked with the illness or sickness expenses of a person; in fact, other aspects, like expenses incurred due to accidents or injuries, are also taken into consideration under this. 

However, in terms of medical insurance, only a particular aspect is covered, like in-patient hospitalization. Therefore, it is a narrow term. 

Having two insurance is actually beneficial as it helps in provisioning additional financial protection. Let us discuss the benefits of having two insurances:

• Having two insurances is good as if any aspect is not covered in your first insurance; it is possible that it might be covered by another one. Therefore, you get comprehensive coverage. 
• Another most important benefit of having two insurance plans is that you get the claim. Getting the claim when you need it the most is the most seminal thing, but what if the company refuses to do so? This is beneficial as if one company refuses to give you the claim, you have the second option to approach the second one for the same. In other words, having two insurance increases your chances of having claims.  
• Another crucial advantage is that it offers wide network access, so you will get more options for doctors, hospitals, and specialists and can go to the one that you prefer the most. 

Types of health insurance: 

Preferred provider organization: Under this, you will be rendered a network of healthcare providers and will have the liberty to choose the one that suits you the most. 

Health maintenance organization: Under this, you will be provided with a network of healthcare providers, and then choosing a primary care physician from that network who can coordinate your work is your responsibility. 

Individual health insurance: As the name suggests, under this, all the aspects related to one person are covered only. 

Family health insurance: Only the immediate family members are covered under this. All family members have the privilege to utilize the amount that is insured. However, how many family members can be taken into account varies from plan to plan, so you first need to check this before taking the policies. 

One health insurance that is purchased a lot at the current time is group health insurance. Under this, a group of people are covered; this group of people can be the company’s employees or members of any organization. 
With over 14 years of experience, Insure Horizon is the best company if you want to buy any insurance. We have in-depth knowledge and will guide you to the best in terms of what insurance will be the best for you. Insure Horizon is the best insurance company.