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What is the difference between a health insurance plan and a health insurance policy?
Wiki User
∙ 11y ago
There is no difference. These are just two different terms referring to the same thing.
Wiki User
∙ 11y ago
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What is the difference between a health insurance subscriber and a health insurance member?
The Subscriber is the policy holder. A member is anyone covered under an insurance plan.
Is True that medical insurance and health insurance are interchangeable terms?
Technically, there is no difference between medical insurance and health insurance.Even they are called mediclaim insurance policy,leading to the same ocean !
Difference between subscriber and members for health insurance?
The Subscriber is the policy holder. A member is anyone covered under an insurance plan
What is the difference between health insurance policy and Critical illness policy?
A Health Insurance policy is a reimbursement of the medical expenses. Well Critical illness insurance is a benefit policy. Under a benefit policy upon the occurrence of an event, the insurance company pays the policyholder a lump sum amount. Under a Critical Illness policy, if the insured is diagnosed with any critical illness as specified in the policy.
What is the difference between a graded life insurance plan and a level life insurance plan?
A graded benefit life insurance plan is offered when the customer has an extensive health issues history. The difference between the graded life insurance and the level life insurance policy is that graded plan will pay less than the face amount of the policy in the first two policy years if the insured dies before the third policy year. Usually in the first two policy years the benefit paid equals the amount of insurance premiums paid plus a %.
What is the difference between term and whole life insurance if there is any?
The difference between term life insurance and whole life insurance is that a term policy covers the insured for a "term of years" whereas a whole insurance policy covers the insured for the entire life period.
Can an health insurance company drop an individual health policy and or group health policy?
NO
What are the difference between the Insurance policy and insurance certificate?
The insurance policy is the product you have purchased, it has lots of definitions, clauses and limitations. The insurance certificate is issued to you so that you can prove to a third party (eg the police if it is for auto insurance) that you have a valid insurance policy.
What is the difference between a Proposer and the Insured?
the difference between a proposer and the insured is that a proposer is a person or an entity who is seeking insurance and an insuerd is someone or an entity covered by an insurance policy
What is a health insurance dedictable?
The expenses which do not come within the purview of Health Insurance Policy (duly provided in the Mediclaim Policy Prospectus) are called Health Insurance deductibles.
What is the difference between exclusions and endorsements in an insurance policy?
endorsements are simple exclusions arent.
Can you suggest options for medical insurance?
Now a days there are many Insurance provider companies offering range of medical Insurance policies, like; individual health Insurance policy, family health Insurance policy, group health plans and others. HDFC ERGO is one of the leading health Insurance policy provider, you can check HDFC ERGO's health policies.
