What is Room Rent Limit?

Glossary

Room Rent Limit

A cap on the daily room charge a health policy will pay.

A room rent limit caps the room category or daily charge, for example 1% of sum insured a day. Taking a costlier room usually triggers proportionate deduction on related bills, so the real loss is larger than the room difference.

Related guides

Room rent and proportionate deduction →Proportionate deduction →Sum insured →

More glossary terms

Deductible Co-payment (Co-pay)IDV (Insured Declared Value)No Claim Bonus (NCB)Claim Settlement Ratio (CSR)Incurred Claim Ratio (ICR)

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