ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Health insurance is a form of insurance policy that covers the costs of medical treatment. Health insurance policies either cover or repay the cost of treatment for any included disease or injury. Various forms of health insurance cover a wide range of medical bills.

Detailed explanation-2: -Mediclaim is a type of health insurance plan that takes care of the policy-holder’s healthcare expenses in case he/she gets hospitalized due to an illness or an accident. These policies cover the policyholder for a defined time period and up to a predetermined limit known as the ‘sum assured’.

Detailed explanation-3: -Total Permanent Disability (TPD) Insurance Cover.

Detailed explanation-4: -Health insurance is a type of insurance that covers medical expenses that arise due to an illness. These expenses could be related to hospitalisation costs, cost of medicines or doctor consultation fees.

Detailed explanation-5: -Individual Health Insurance. Individual health insurance is coverage that covers you, your spouse, your children, and your parents. Family Floater Health Insurance. Health Insurance for Senior Citizens. Mediclaim Policy. Unit-Linked Health Plans.