
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. The Health insurance is classified into 2 major segments based on the purpose/usage
Individual Health Insurance – Cover taken for individual
Family Floater Health Insurance – Cover taken for the family members
Senior Citizens Health Insurance - Cover taken exclusively for senior citizens health / medical needs
Critical Illness Insurance - Cover taken for very specific issues / critical illness
Group Health Insurance - Cover taken by employers for their employees as an additional benefit