health insurance questions


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What is multiplier benefit?

Multiplier benefit becomes effective for every claim free year when you receive a bonus on the basic sum insured for each such year. This can be accumulated up to 100%. If there is a claim,…


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What is first 30 day exclusion?

Hospitalization expenses incurred in the 30 days immediately following the effective date of commencement the health insurance policy cover is called the first 30-day exclusion. These expenses cannot be claimed from the insurer. Exceptions are…






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What is copayment?

Copayment is that part of the claim which the policyholder will bear if there is a claim. This is advantageous in terms of lowering the premium. The premium discount depends on the copayment ratio between…