Personal Finance

Spend less than you earn, invest the rest

Novice

Mastery0%

Novice

Note. Education, not financial advice. Tax rules, regulations and product specifics change, for real money decisions, talk to a SEBI-registered advisor whose incentives don't depend on selling you a product.

Concept 15 of 19

framework

Health insurance basics and India OPD trends

Annual premium buys you cashless hospital cover plus, increasingly, outpatient cover.

Definition

A medical insurance policy that reimburses or cashlessly pays hospital and increasingly outpatient costs, against an annual premium.

Step 1

Predict first

In one or two sentences, what do you think this concept means? Wrong is fine; the small struggle is what makes the answer stick.