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Holding Multiple Health Insurance Policies: Is It Possible?
Yes. An individual can hold more than one health insurance policy. However, claims must be made according to the applicable contribution or indemnity rules, and all insurers should be informed about the existing policies.
Is the sum insured the same as the coverage amount?
Yes. The sum insured in health insurance refers to the maximum amount of coverage, i.e.,e. The financial limit to which your insurer will cover your medical expenses within a given policy year.