What does insurance not cover?
Your policy may not cover liabilities in certain situations. These are known as exclusions.
Let’s have a look at a few of them.
| Health | – Hospitalisation due to war or related activities – Medical condition due to abuse of intoxicants or hallucinogenic substances – Any medical condition existing before buying the policy during the waiting period – Non-allopathic therapies such as acupuncture, yoga, naturotherapy, etc. – Diagnostic charges if the reports do not confirm the existence of the covered disease – Self-inflicted injuries |
How much does insurance cost?
Your insurance costs depend on your premium amount. This premium amount depends on several factors that differ from insurance to insurance. Here’s a look:
- Your family health history
- The sum assured
- The type of coverage/plan
- Your age and gender
- Your health history