MANAGEMENT

Detailed explanation-1: -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-2: -Health insurance encompasses two types-Indemnity Plans and Definite Benefit Plans. The indemnity plans are traditional health covers that cover hospitalization costs from the sum assured. Definite benefit plans offer lump-sum payments on the detection of illness. For those who are suffering from critical diseases.

Detailed explanation-3: -Care Health Insurance Limited (formerly Religare Health Insurance Company Limited) is an Indian health insurance company established in July 2012. It is part of the Religare Group and a direct subsidiary of Religare Enterprises.

Detailed explanation-4: -Then we examine in greater detail the three most important types of insurance: property, liability, and life.