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Occasional Contributor
Niraj
Posts: 5
Registered: ‎13-10-2021

What does restore benefit mean under health insurance?

 
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Occasional Contributor
Dr Shilpa
Posts: 6
Registered: ‎04-10-2021
Solution

Re: What does restore benefit mean under health insurance?

Restore benefit is also known as Sum insured rebound.

This is an optional cover after an additional premium is paid.

In an event of a claim, if the sum insured is exhausted then an amount equivalent to the admissible amount is restored, subject to basic sum insured.

This benefit is subject to a few conditions hence we advise you to refer the policy terms and conditions  under this benefit.

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Occasional Contributor
Dr Shilpa
Posts: 6
Registered: ‎04-10-2021
Solution

Re: What does restore benefit mean under health insurance?

Restore benefit is also known as Sum insured rebound.

This is an optional cover after an additional premium is paid.

In an event of a claim, if the sum insured is exhausted then an amount equivalent to the admissible amount is restored, subject to basic sum insured.

This benefit is subject to a few conditions hence we advise you to refer the policy terms and conditions  under this benefit.

View solution in original post