Terms Related To Medical Insurance
The insurance jargon might confuse you understand the policies properly. The various terms related to health insurance have been formulated over a period of time before the insurer visit your place to acknowledge you about the terms and conditions, brace yourself against the bombardment of the new words that can create a problem or make you feel like a dumb. The astute always do their homework before they plan to purchase a life-long support system. Buying health insurance can put you in trouble if you fail on choosing the right services for you. So, step forward and get by heart these keywords that make you a smart customer: Sum Insured/ Assured : Every insurance company has their own set of limitations for the maximum Mediclaim they can reimburse under the chosen individual or family floater plan. There comes no guarantee mentioned in the contract signed that the reimbursed money will fully cover your losses or medical bill. Cashless Facility: Most of the leading insurers...