Example: If a insured person has a helath insurance claim where 10% co payment will be applicable on each claim and he/She has registered a claim of Rupees 100000/and after all deduction including non payable,non medical payable amount is 90000/-now co payment will be applicable on 90K( 90000*10/100=9000) Now amount which will be paid to insured will be 90000-9000=81000/- so insured person has to bear the cost of non payable amount.
Insurance is the subject matter of solicitation. Visitors are hereby informed that their information submitted on the website may be shared with insurers. IRDA Direct Broker Code: 447 [Direct Broker (Life & General)], valid till: 13/02/2025. Principal Officer: Mr. Srinivasan Mahadevan (Contact: +91—7314590999)