Health Insurance is a policy that covers medical expenses such as hospitalization, treatments, and surgeries in exchange for a premium.
Health Insurance provides financial protection against rising medical costs. It covers expenses like hospitalization, doctor fees, medicines, and surgeries, either through cashless treatment or reimbursement.
In India, health insurance is regulated by the :contentReference[oaicite:0]{index=0}.
Medical expenses can be high and unpredictable. Health insurance ensures you get quality treatment without financial stress.
"If a person has a health insurance policy of ₹5 lakh and incurs ₹2 lakh in hospital expenses, the insurer may cover the cost as per policy terms."