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What is the meaning of sum insured in health insurance?
Sum insured is the maximum amount a health insurance policy will pay for covered medical expenses in a policy year. It defines the upper limit of financial protection provided by the insurer.
Sum Insured & Restoration
The sum insured is the maximum amount your insurer will pay for covered claims in a policy year. Restoration is a benefit that reinstates this amount if it is used up during the year, so cover can be available again for further eligible treatment, subject to policy terms.
What Is Sum Insured in Health Insurance?
Sum insured is the maximum amount your health insurance policy will pay for medical expenses during a policy year. It acts as a financial ceiling for claims. Once this limit is exhausted, any additional expenses must be paid from your own pocket.
Sum Insured & Restoration
The sum insured is the maximum amount your insurer will pay for covered claims in a policy year. Restoration is a benefit that reinstates this amount if it is used up during the year, so cover can be available again for further eligible treatment, subject to policy terms.