Health Insurance

Key Features of Health Insurance:

• Cashless Treatment: Most health insurance policies offer cashless treatment facilities at network hospitals, where the insurer directly settles the medical bills with the hospital.
• Pre- and Post-Hospitalization Expenses: Covers medical expenses incurred before and after hospitalization for a specified number of days.
• Day Care Procedures: Covers treatments that don’t require 24-hour hospitalization, such as cataract surgery or chemotherapy.
• No-Claim Bonus (NCB): A discount on the premium for each year the policyholder does not file a claim.
• Restoration Benefit: Automatically restores the sum insured if it gets exhausted within a policy year.