In times of today, there are many insurance companies and plans popping up in the market. As many people include insurances in their financial planning, it goes without saying that it is indeed vital in one’s life to hold an insurance of some kind to help them further in the future. But the cost of purchasing a health insurance could be quite a burden to some families. This brings about catastrophic health insurance.

This insurance is also known as a major health insurance as it covers all major medical bills like hospital stays, intensive care charges, x ray fees, operation cost and so on. However, as all good things have got its share of downfalls, this insurance policy does not cover maternity fees, consultation and outpatient fees.

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