Insurance
Health Insurance
Also known as: Medical Insurance, Mediclaim
Insurance coverage that pays for medical expenses incurred due to illness, accident, or hospitalization.
Detailed Explanation
Health insurance provides financial coverage for medical expenses including hospitalization, surgeries, diagnostic tests, and sometimes outpatient treatments. In India, it includes cashless treatment at network hospitals and reimbursement options. Family floater policies cover entire family under one sum insured while individual policies provide separate coverage.