Health insurance policy is a contract between an insurance provider and the policyholder, wherein the insurer offers coverage for medical expenses incurred by the insured person due to an injury or illness. In other words, it provides financial security to the policyholder by safeguarding his/her hard-earned money against the unforeseen medical emergencies.
You can include your child under a health insurance plan to cover his/her expenses during treatment or medical care. Most health plans cover almost all major illnesses, injuries, and annual health check-ups, which can be handy during every stage of a child's growth.