Health Insurance - Medicalim

Health insurance is an insurance that covers the whole or a part of the risk of a person incurring medical expenses.

There are basically two types of Health Insurance availbale in Market:
(1) Indemnity
(2) Benefit

Whereby in an "Indemnity" section, isnured can get part or full of Actual Medical Expenses incurred during the Hsopitalisation ot Treatment (It's Kind of Reimbursement).

Also essential to know about " Benefit" Plans which also known as "Religious Fraternal Benefit (RFB) plans"

Benfit Plans are specially desgined to Providing Benefit- Sum Assured as whole which in particular Health Condition/ Illness/ Accident.