sum insured Archives

OPD Health Insurance is Big Relief if You have Pre-Existing Ailments

While health insurance typically covers hospitalization expenses for severe health conditions, it often ‘does not cover’ routine check-ups or doctor appointments. Should you consider a health insurance policy that includes outpatient department (OPD) expenses?

What Is Sum Insured in Health Insurance?

Health Insurance / iAdvisor

Sum Insured in Health Insurance is vital for securing adequate insurance coverage. While they sound similar, they have distinct meanings in life and health insurance. Sum Assured is the payout amount upon the policyholder’s demise, whereas Sum Insured is the maximum coverage for medical expenses. Familiarizing yourself with these terms empowers you to make informed insurance decisions tailored to your needs.

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