Look into Cumulative Bonus benefits while availing a health insurance
Saturday, June 3, 2017, 4:59 PM
Health insurance policies generally have this feature whereby the sum insured is increased by a specified percentage for every claim-free year up to a specified maximum percentage. The same ranges from 5% to 10% per annum to 100% of the maximum sum insured. You must check if this feature is present in your mediclaim policy and at what terms.