MANAGEMENT

Detailed explanation-1: -Hospitalization insurance is a type of health insurance that covers hospital stays, outpatient medical care, surgery, and any other hospital-related activity involving the insured’s health.

Detailed explanation-2: -Health insurance plans reimburse insured customers for their medical expenses, including treatments, surgeries, hospitalisation and the like which arise from injuries/illnesses, or directly pay out a certain pre-determined sum to the customer.

Detailed explanation-3: -Hospitalisation Expenses means expenses for treatment in any Instance of Illness or accidental injury as In Patient in a Hospital/Nursing Home for a minimum period of 24 hours (except in respect of Day Care Treatment), as admissible under the Policy.

Detailed explanation-4: -Different types of general insurance include motor insurance, health insurance, travel insurance, and home insurance.

Detailed explanation-5: -What are Pre & Post Hospitalization Expenses? Pre-hospitalisation expenses are medical costs incurred by the insured before getting admitted in a hospital. Post-hospitalisation expenses are medical costs incurred after discharge from the hospital. These are covered by most health insurers.