Not all health insurance plans are similar
It is a myth that all health insurance plans are the same. Critical illness plans (CIP) are defined benefit covers that work differently from indemnity-based health covers. They provide financial assistance when one develops a serious ailment such as cancer or has a stroke. In such cases, a CIP pays the entire sum insured, unlike a health cover, which reimburses the costs. Such plans cover a specific number of ailments only and the cover ends once the sum insured is paid.
In addition to individual health plans, there are family floater (FF) health plans in which the entire sum insured can be availed by any or all members and is not restricted to one individual only as is the case in an individual health plan. It takes advantage of the fact that the possibility of all members of a family falling ill at the same time or within the same year is low.
この記事は Investors India の January 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は Investors India の January 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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