Health Insurance Glossary

Automatic Restoration

Policies give you full restoration of your sum insured in case you have exhausted the amount

Beneficiary

The individual who gains all the coverage benefits of the health plan

Cashless Hospitalization

A hospital or facility that settles your medical bills directly with the health insurer

Deductibles

A fixed amount to be paid by the policyholder at the time of hospitalization before raising a claim

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