Glossary
Sum Insured
The maximum a health policy pays in a policy year.
The sum insured is the cap on what your health policy pays in a year. Size it for one major hospitalisation in your city, and consider a super top-up to raise total cover affordably rather than buying a low base cover.
Related guides
More glossary terms
DeductibleCo-payment (Co-pay)IDV (Insured Declared Value)No Claim Bonus (NCB)Claim Settlement Ratio (CSR)Incurred Claim Ratio (ICR)
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