A Personal Loan for medical emergency can save you from several unwanted contingencies in life. The uncertainties of life make it even more important whether it's you or any of your family members. An aware individual always knows where to invest, especially in healthcare. A Personal Loan for medical emergency will help to deal with unwanted contingencies with a greater level of confidence. Moreover, it reduces the overall stress of that individual while dealing with medical emergency. This also helps him or her analyze the situation with a clear mindset and effectively tackle the unforeseen event.
Recently, we all experienced the unforeseen outbreak of COVID-19 which wrought havoc and caused a medical emergency in the whole world. Such a critical situation demands a Personal Loan or that extra financial assistance from outside which protects the individual and respective family members.
Below are 7 diseases which may require medical emergency loan to get cured.
The outbreak of COVID-19 took the world by storm. The unknown nature of the coronavirus created havoc among medical professionals. The imposition of lockdowns and the invention of vaccination have helped the world to fight against the disease. After two years of the outbreak of COVID-19, there is still ambiguity about the disease.
If you have any of the above symptoms, you must directly contact the concerned doctor. If the symptoms are mild or moderate, you can take medicines prescribed by the doctor and recover at home. In case of critical condition, you need to hospitalize the patient. The Personal Loan will cover the cost of diagnosis, hospitalization, medicines, consulting, etc.
33 percent of cancer death is caused by tobacco, alcohol, low fruit, and vegetable consumption high body max index (BMI), and not getting enough physical activity. Cancer requires a lot of mental and emotional strength for both the patient as well as the family members. If you notice any of the above-mentioned symptoms, you must visit the doctor and get yourself checked. It is important to treat cancer at the earliest stage. A Personal Loan will come in handy at such times to cover a part of the treatment.
3. Coronary Artery Disease (CAD)
According to a recent study released by the Global Burden of Disease, about 25% of all deaths in India are due to cardiovascular diseases. Treatment of any disease can be expensive, especially if it is related to the heart; CAB is difficult to treat and if left untreated, can even lead to heart attack or stroke. With few lifestyle changes such as regular exercise, a healthy diet, and avoiding smoking can help you reduce the risk of CAD. If you feel heavy chest pain and breathlessness, you must immediately visit your doctor. Treatment of CAD can cost you lakhs of rupees, hence, Personal Loans for medical emergency will help to cover such huge expenses.
4. Chronic kidney disease (CKD)
Chronic kidney disease can be detected at any age. Two third cases of chronic kidney disease are caused due to diabetes and high blood pressure. Also, there are causes such as glomerulonephritis, Autoimmune diseases, inherited diseases, and other causes. If you or any family member notice any of these symptoms, you must directly visit the doctor. The doctor may perform a CT scan and run a few of the early tests to determine the exact issues. Treatment for chronic kidney disease may take time which involves a lot of expenses. Having a Personal Loan in such a situation will help to cover expenses such as lifelong administration of supplements, immunosuppressants, and steroids.
5. Lung Diseases
With the rise in pollution and change in the climate, we can see a lot of people getting affected by lung diseases. Lung diseases are also widespread in India, including lung collapse, asthma, tuberculosis, and COPD (Chronic Obstructive Pulmonary Disease). The cost of medicine, healthcare, and treatment can cost you lakhs, which you might consider covering with a Personal Loan.
6. Liver cirrhosis
Liver cirrhosis is one of the most common causes of death in India ranked by WHO. If you are someone who has an unhealthy lifestyle or constantly consumes alcohol, you must regularly visit the doctor for constant checkups. Liver damage can cause health issues that need immediate attention and care. If the condition is severe, you might also need a liver transplant which is an expensive procedure. The high cost involved in the treatment requires financial support from external sources. This is where a Personal Loan will help you to take care of expenses while treatment is going on.
Also Read :- 10 Reasons for Why You Must Take a Personal Loan for Medical Treatments
Generally, dementia involves loss of memory, which is one of the early signs of the condition. It requires long-term care at home including home-based formal and informal care and nursing care. Mostly affecting the elderly population, it is a syndrome characterized by impaired memory, behavior, and thinking, which affects daily activities. People with dementia need lifelong support which is very expensive to meet. Proper care and prevention such as a healthy diet, healthy lifestyle changes, quitting smoking, and treating health conditions such as depression or anxiety will help you reduce the effects of dementia. Moreover, having a Personal Loan while dealing with dementia will help you deal with the condition financially.
The above-mentioned 7 diseases which may require medical emergency loan to get cured require a great deal of financial planning and preparedness. Also, there are other benefits of Personal Loan. We know generally people raise their eyebrows when they think or hear about Personal Loans. The unpleasant experiences and complicated process of opting for a loan demotivates the majority of individuals. Also, having less to no accurate knowledge about the Personal Loan and aspects related to it creates a major impact on the decision-making.
To resolve your issues, we are here to help you with understanding the benefits of a Personal Loan.
All these benefits of a Personal Loan can be availed at Poonawalla Fincorp. Our wide range of Personal Loan services caters to a wide range of customers according to their needs and requirements.
Serious illnesses could significantly affect your lifestyle and impair your ability to earn. These diseases require special care and treatment which makes them expensive. You will need to shell out a large amount for this purpose
Medical emergencies are something that no one wants to go through. However, the nature of life is such that we have to go through these tough times at some point in life.
The Coronavirus pandemic has taught us the importance of saving money so that one can address a health or any other personal emergency.