All hospital expenses, 100% covered
✓ ZERO out of pocket costs ✓ ZERO waiting period ✓ ZERO deductions at claim
Home / Health Insurance / What are Miscellaneous deductions?
This rarely occurs, but when it does it could be because of two reasons.
Your sum insured is like a box of a finite number of chocolates; you're free to claim or pick from it as many times as you like in a year. Each time you make a claim, the number of chocolates in the box will decrease. Eventually, your sum insured is exhausted and the amount you receive is less than you expected.
Even though you can claim up to the sum insured, some treatments have monetary limits. A cataract surgery, for example, is only covered up to ₹20,000. Expenses above that amount will not be covered by the insurance company, and you will have to pay them yourself.
Health insurance is crucial in managing medical expenses, from hospital stays to treatments to medications and preventive care costs. When changing from meeting medical needs to broader financial security, life insurance is a critical tool to consider.
A life insurance policy provides your loved ones with financial protection. Among all the options available, a term insurance policy is an affordable solution to provide long-term financial protection for your loved ones. The best term insurance plan for 1 crore is suitable if you want more extensive coverage for your growing family. You may also use a term life insurance calculator to determine your premium and coverage based on your needs and age.