Health Claim

Insurance could be a whirlpool of confusion for someone new to the insurance space with terms like deductible, co-payment and Bancassurance leaving one utterly stumped. After navigating the aforementioned insurance terms, it’s time to tackle ‘Pre-Existing Diseases’. This term plays a significant role in the health insurance segment as it determines your coverage and risk factors. Before c...

While in-patient medical expenses are comparatively higher than outpatient costs, the higher frequency of outpatient visits can disrupt ‌finances. Outpatient Department (OPD) cover is commonly available with most health insurance policies and can turn out to be a lifesaver when it comes to saving on medical expenses incurred without hospitalisation. In recent years, OPD benefits have garnered...

Co-payment, often referred to as co-pay, is a fixed amount of money that you, the insured person, must pay out of your pocket when you receive a medical service.