The Health insurance is not only restricted to general insurance players in the industry; the Life Insurers have also started launching plans related to Health Insurance. The latter have come up with stand alone health insurance policies & also with combined plans of Health Insurance & investments.
The basic question which arises now is that how do these two set of Health schemes differ.
Coverage amount:
The Non-Life Insurance Health schemes will compensate you for the actual amount incurred during hospitalization while the Life insurance Health schemes give you the lump sum amount specified in the policy irrespective of your actual spend
Term:
