Paragraph match score 81.7%
Page A-047
What is health insurance in simple words?
Health insurance is a financial product that helps cover eligible medical expenses, such as hospitalisation, surgeries, and certain treatments, according to the terms and conditions of the policy.
Page A-330
What is Health Insurance?
Health insurance is a financial contract between you and an insurance company in which the insurer pays for your medical and hospitalisation expenses, up to the sum insured, in exchange for a premium you pay every year. The insurer either settles the bill directly with a network hospital (cashless) or reimburses you after treatment. Coverage, waiting periods and exclusions are defined in your policy wording.