Let me start with an example- You purchase a health insurance cover of 5 Lakhs today. You get hospitalized after 2 months, due to an accident and the expenses incurred in hospital are around 3...

Here’s a detailed explanation of common terms in health insurance in India, with definitions and examples for better understanding: 1. Premium Definition: The amount of money an insured individual pays to the insurance provider to maintain their...

Here are some more common terms in health insurance in India, with definitions and examples for better understanding: 1. Ayush Cover Definition: A feature included in some health insurance plans that covers treatments under AYUSH (Ayurveda, Yoga,...

Before understanding the types of health insurance, let me explain the very basic terms of health insurance which are absolutely necessary to understand the types of health insurance policies. I will also add the examples...

One of the most important factors while choosing a health insurance policy to consider is Room Rent Sub-Limits/ capping/ proportionate charges in health insurance policy. There’re many types of sub-limits in a health insurance policy...

Co-payment is also called as Co-pay or Co-insurance. It is basically the percentage of hospitalization expenses which you will share with the insurance company in case of hospitalization. Let me explain it with an example-...