Health Insurance

Intermediate

Master Health Insurance — types, room rent, co-pay, waiting periods, claim rejections, IRDAI guidelines.

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8 Sections

Health insurance is a contract where the insurer pays medical expenses incurred by the insured due to illness, injury, o...

Room rent capping is a clause in health insurance policies that limits the daily room rent the insurer will pay during h...

Co-pay is a fixed percentage of the claim amount that the policyholder must pay from their own pocket at every claim. De...

Waiting period in health insurance is the initial duration after policy purchase during which certain claims are not pay...

Pre-Existing Disease (PED) refers to any condition, ailment, or illness that the insured had before purchasing the healt...

Claim repudiation means the insurer rejects a health insurance claim after investigation. Common reasons include non-dis...

IRDAI (Insurance Regulatory and Development Authority of India) has issued comprehensive guidelines to standardize healt...

The Insurance Ombudsman is a quasi-judicial body that resolves disputes between policyholders and insurers for claims up...