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Personal Finance

Understand these 5 terms and conditions before buying health insurance

Updated : November 26, 2018 12:53 PM IST

Each health insurance policy has a waiting period, which is a defined period of time, immediately after purchasing a policy, when you can’t make a claim.
It is very important to check what the extent of per day coverage is because you will have to bear any extra costs. What’s more, the other charges are also levied as per your room type and will be deducted accordingly by the insurance company.
It is important to look at the list of hospitals and clinics where your health insurance policy covers cashless treatment. The wider the network of cashless hospitals, the more useful you’ll find your health policy to be.
Understand these 5 terms and conditions before buying health insurance
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